OPEN-SOURCE SCRIPT

Elhers Super Bandpass Filter by Shizaru

3 772
The original script was posted on ProRealCode by user Nicolas.

Source: traders.com/Documentation/FEEDbk_docs/2016/07/TradersTips.html

John Ehlers describe the trading rules of this new indicator as this:
  • Buy on the filter crossing above its -RMS line
  • Short on the filter crossing below its RMS line
  • Exit long when the filter either crosses below its RMS or crosses below -RMS (which signifies a false entry signal)
  • Cover short when the filter either crosses above its -RMS or crosses above RMS (which signifies a false entry signal)


Please leave a like or follow me if you use my indicators. Thanks!

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.