What happens when you take the Fisher Transform of a Stochastic Oscillator?
Well, you filter out all the stuff you don't want and are left with super-precise entries!
This indicator works especially well in with a trend-follower in a higher timeframe - iTrend, MAMA, Hull, etc...
How to trade:
Use with another indicator to tell you the current trend.
Source: Stocks and Commodities V38
Hooray! Another new John Ehlers indicator!
John claims this indicator is lag-less and uses the SPY on the Daily as an example.
This indicator is a slight modification of Reflex, which I have posted here
I think it's better for Stocks and ETFs than Reflex since it factors in long trends. It tends to keep you in winning trades...
Adaptive Laguerre Filter indicator script.
The Adaptive Laguerre Filter was originally developed and described by John Ehlers in his paper `Time Warp – Without Space Travel`.
Thanks to @apozdnyakov for the sorting solution.
Hot off the press, I present this "Correlation Trend Indicator" employing PSv4.0, originally formulated by Dr . John Ehlers for TASC - May 2020 Traders Tips. John Ehlers might describe it's characteristics as being a mean reverting trend identification oscillator range bound to +/-1.0 irregardless of any timeframe or asset. I could have finessed this indicator...
This indicator was originally developed by John F. Ehlers (Stocks & Commodities , V.33:10 (September, 2015): "Decyclers").
The idea is still the same as for the Simple Decycler.
Mr. Ehlers suggested to virtually eliminate lag by getting rid of the very low-frequency components. So, he applied the high-pass filter to the simple decycler.
Mr. Ehlers recommended to...
The BandPass Filter was created by John Ehlers (Cycle Analytics For Traders pgs 56-57) and this indicator only works well in choppy markets so I figured it would be useful for the scalpers out there. As you will notice it correctly identifies the peaks and valleys in the underlying stock data but it doesn't work as well when the stock is trending. The black line...
Instantaneous Trendline Strategy by John Ehlers from his book "Cybernetic Analysis for Stocks and Futures".
You can choose implementation of stop-loss. Don't forget to define correct spread for your instrument.
The Zero lag exponential moving average (ZLEMA) indicator was created
by John Ehlers and Ric Way.
As is the case with the Double exponential moving average (DEMA) and
the Triple exponential moving average (TEMA) and as indicated by the
name, the aim is to eliminate the inherent lag associated to all trend
following indicators which average a price over time.
Utilizing the Fisher Transform by Ehlers with different lengths based on multipliers will allow you to notice movements in price and understand whether the shift was a correctional wave, or part of the overall trend.
To learn about Fisher Transform , check out the Fisher Transform documentation: www.mesasoftware.com
The Even Better Sinewave Indicator was created by John Ehlers (Cycle Analytics For Traders pgs 161-162) and this indicator works well when the stock is in a trend mode. It will let you know how long to stay with a trade and it works best with a trend confirmation but it can also work on it's own fairly well. Buy when the indicator line is green and sell when it is...
Ehlers Correlation Trend Indicator CTI by Cryptorhythms
In his article “Correlation As A Trend Indicator” in issue May 2020 of TASC, author John Ehlers introduces a new trend indicator that is based on the correlation between a security’s price history and the ideal trend: a straight line. He describes methods for using the indicator to not only...
The Discrete Fourier Transform Indicator was written by John Ehlers and more details can be found at www.mesasoftware.com
I have color coded everything as follows: blue line is the dominant cycle, orange line is the power converted to decibels, and I have marked the other line as red if you should sell or green if...
One of Ehlers most well-known indicators! I've seen many variations of this on TradingView, however, none seem to be true to the original released by Ehlers himself.
I've taken it upon myself to simply translate the MAMA into Pinescript, instead of re-writing like some others have done.
You can use it as a very effective & adaptive moving average with...
This is an experimental study designed to attenuate higher frequency oscillations in price and volatility with minimal lag.
In this study, a single pole low pass filter is used. The low pass filter's cutoff period is determined either by a fixed user input, or by using an Instantaneous Frequency Measurement (IFM) algorithm.
Most radar warning, electronic...
FRAMA: blue line, SC = 252, FC = 40, length = 252
EMA: orange line, length = 50
FRAMA seems to be the evolution of the current and much-used EMA. The basic strategy is simple: long if the price crosses up the line, short or exit if vice versa.
The main difference between EMA and FRAMA is that the first one seems to lag much more than the first...
This is an experimental indicator by applying Money Flow Index with Fisher Transform. i found MFI code and Fisher transform code from public library.
Use longer length to find divergence. Tune the length and samples according to your trading style and instrument