Even better Sinewave

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin

Even better Sinewave

Postby Apprentice » Mon May 01, 2023 8:39 am

EURUSD D1 (05-01-2023 1538).png

Based on the source
https://www.prorealcode.com/prorealtime ... r-sinewave

Indicator of signal noises filtering made by John F. Ehlers. It introducts cycles passthru as low pass filter of prices. This indicator is described in the John Ehlers’book “Cycle Analytics for Traders”.

As a matter of fact this indicator can nicely show bullish and bearish cycle momentum of price but also with some lagging effect, included by its filtering capability. It should not be use alone but as it is intended to do, like a filter.
Even better Sinewave.lua
(7.98 KiB) Downloaded 164 times
User avatar
FXCodeBase: Confirmed User
Posts: 36946
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Return to Custom Indicators

Who is online

Users browsing this forum: No registered users and 26 guests