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Ehlers

HOW TO: Center Of Gravity OscillatorIf I could only have one indicator it would need to be versatile. It would need to able to confirm trends, highlight pivots and reversals but most of all it would need to expose epic entries. Lucky there is such an indicator... The Center of Gravity Oscillator (COG). The COG is yet another masterpiece created by John Ehlers. It is essentially zero lag and enables clear identification of turning points. This indicator is a result of Ehlers research into adaptive filters and was published in an article on page 20 of the May 2002 issue of Stocks and Commodities Magazine. According to the Tradingview docs "The cog (center of gravity) is an indicator based on statistics and the Fibonacci golden ratio." 1. Breakout Trading Breakout trading is one of the most popular trading strategies and rightly so, there is not much better than watching those candles fly to the moon. Trend lines and wedges can be made by connecting 2 or more pivot points (as shown above). When the oscillator crosses the trend line traders can expect “boom” like explosions in price action. Above is an example of a breakout. Below I’ve marked out some breakouts on 1 hr BTC chart. Epic breakouts can be found by drawing a trend line along major pivot points. The major pivots should be easy to spot as they stick out above and below the minor pivots. (As shown below on 1 hour chart.) There are many oscillators that can also pick up breakouts, below are some breakouts marked on the BTC 12 hour chart with my Volatility Oscillator. Smaller breakouts can be found by drawing a fan from major pivot to minor pivots. Ive marked out the most obvious breakouts on the ETH Daily chart below. Along the way I found some LSMA pumps, which leads me to the next strategy… 2. LSMA Breakouts. Least Squares Moving Average is my favourite moving average and I incorporate it in one way or another with most of my scripts. To understand a LSMA breakout have a look at the LSMA 21 line on the chart below. As the candles cross the line it breaks out. The default setting for the LSMA line on my COG indicator is 200. This is a great “zero” line and shows general trend. To catch LSMA breakouts I set the COG length to 6 and LSMA length to 6. The LSMA can also be set to 21 to find breakouts and LSMA Pumps (don’t worry, I’ll get to it soon). Easy to find sweet entries on the BTC 1 hr chart. 3. What is a LSMA pump??? This is when a LSMA line pulls back and crosses another line for just a few bars before recrossing into a boom. Ive marked out a few LSMA pumps on the chart above. I like to use COG set at length of 6 and LSMA set to 21 for trading hourly to daily charts. 4. Trading Reversal Patterns. If you are not familiar with reversal patterns such as double tops, double bottoms or head and shoulders then it would be a good idea to look into it. These are fundamentals of reading charts. The COG is great for trading these patters too. Above shows reversal patterns marked out. 5. Previous High/Low Strategy This is another chart reading fundamental. This strategy can be used to find solid long and short entries. He is an example below using no indicators. This example is a down trend that turns into an up trend. The first entry is a short found when price is unable to beat previous high. The second entry is a long. This is the confirmation of the up trend. Notice how the the low pivot point is higher than previous pivot. Next a short reveals itself again as price is unable to beat previous highs. The next long entry is made as up trend is reconfirmed by a low pivot forming higher than previous low pivot. Lastly another short as price is unable to beat previous high. Now to apply this to the COG… Above shows a nice long and short on the major pivots. The first trade is a long. As the major low pivot is made it does not break previous major pivot low and thus is a great long entry. Price then breaks out and forms a major high pivot point which does not break previous major pivot high making a great short entry. The next example shows trading on continuations of trends. A major Pivot is made. Long entries are found every time the the lows keep getting higher. Often these are LSMA pumps. Above is another example of finding solid entries. Here I have marked the entries on a 1 hour ETH chart using this strategy. It is great for swing trading. 6. Tuning your indicator. Indicator settings should depend on what timeframe and what trades you are looking for. Its always a great idea to play with the settings and get the signals as accurate as possible. COG lengths to try: 3-6, 9-14, 21-27, 50-55, 100, 200. LSMA lengths to try: 2,6,9,11,19,21,25,27,32,50,100,150,200 In the indicator settings there is an option for smoothing. I usually have this turned on. The centre of gravity oscillator is one of the most underrated indicators out. It gives solid signals and Im sure there is plenty more that I have not mentioned here. I am currently working on including all these signals into the indicator so you can set alerts or run bots. So far it looks like a Christmas tree with all those signals and needs work…. If you have any questions or ideas please drop a comment below. I am always keen to talk shop. You can find my COG indicator here: Join me on Bybit! They have the lowest fees and best servers. It’s free to join and we both get $20 if you use my referral link. partner.bybit.com Thanks for the support and happy trading!
BYBIT:BTCUSD.PEducation
by veryfid
42
BAT Making a Comeback!?Bat has been on a steady decline, but it looks like it finally found support as it is consolidating. Bat is one of the few crypto coins with an actual product out as you can go download the Brave browser and use it right away. For those who don’t know, Brave browser comes with ad and script blocking built in. It also rewards you with bat tokens for viewing ads. Ok now that introductions are over let’s get straight into the technicals. There’s a divergence on the Master MACD and Specto O’s oscillator, which indicates a change in trend is coming. An UP indicator appeared 3 days ago as extra confirmation of movement change. BTC made a bit of a drop recently so it has pulled back slightly giving an opportunity to get in. The ehlers trend indicator also looks like it will turn green soon. This is a lagging indicator, but a good confirmation the trend is changing. Support is also near by at 3900 sats. It is looking to retest the 5000 and 6000 sats resistances. If it can break these, then it can go further. -faulkin
Long
by hypester_trading
Multiple Indicators, S/R, and Sentiment for EURUSD Long positionEURUSD has been consolidating the past few days. I believe it will continue to push upward for 3 reasons: 1. Support has been found at the ~1.13500 level on the 4H and Daily time frames. 2. iTrend has given reliable bullish signals since mid-February. 3. Trading View's built-in sentiment analysis is heavily bullish on the 4H and lower. This affects trader psychology greatly and I think it is a nice form of minor confirmation. I rely on the iTrend on high timeframes to determine overall direction. I then use the Laguerre RSI & Fisher Stochastic Center of Gravity for successful entry points. I'm hoping to enter around 1.1379 (red dotted line) and ride out ~70 pips profit.
by DasanC
Week in Review: New Kid on the BlockHonorable Mentions This week we've seen a flurry of new open-source scripts hit TradingView, empowering it's users with trading ideas and programming techniques. "By Traders For Traders" by Dunhua-Yao , a potent modification of JustUncleL's "Price Action Candles", uses tighter criteria for 'Hammers' and 'Shooting Stars'; "Blau Divergence RSI", by blindfreddy , gifts us with William Blau's RSI; Quansium's "Quansium Source Layout" suggests ways to use external sources with TradingView; and RafaelZioni's "Bollinger ratio" brings together the MACD and Bollinger Bands in a unique way. There Goes the Neighborhood But there was one coder in particular that really caught my attention, introducing new, interesting, accessible, exotic and useful concepts. In the last week he's published 8 scripts, with his most recent strategy garnering a seemingly-outlandish return of 6000%+, although he has been a member for seven months. So the shining light for me this week, a big fan of Ehler's (who isn't?), has to be dasanc: www.tradingview.com Magnum Opus Currere The script that encapsulates his talent (for me) is his most recent strategy, "Adaptive Zero Lag EMA v2": This piece of work uses Ehler's ZLEMA and the two methods for Instantaneous Frequency Measurement (IFM) that dasanc's published in the past week. You can also adjust your risk limit, change TP/SL levels and determine your gain limit from within the control panel. Not only that, but it's presented in a clean and understandable manner, allowing beginners and professionals alike to pick up and immediately get started with the algorithms. Cherry on Top... So what makes this script so special? Well, the two IFM techniques: (One) (Two) In what seems to be his typical fashion, he's provided excellent descriptions for how these should be used. In short, if you're using an indicator that uses a lookback period (RSI, EMA etc), instead of fiddling with arbitrary numbers you just use the output of either of these techniques as the source for determining the lookback. Realising this concept has resulted in the entire Pine community being gifted with something they might not even know they were looking for. ...And Some Cream Low Lag Exponential Moving Average: Cosine, In-Phase and Quadrature IFM: Moving Forward With a young account and a recent burst of activity, it's safe to assume that we'll be seeing more of dasanc. Hopefully his singular approach to signal processing (as far as the current TradingView library is concerned) will be emulated by others. Want to learn? If you'd like the opportunity to learn Pine but you have difficulty finding resources to guide you, take a look at this rudimentary list: docs.google.com The list will be updated in the future as more people share the resources that have helped, or continue to help, them. Follow me on Twitter to keep up-to-date with the growing list of resources. Suggestions or Questions? Don't even kinda hesitate to forward them to me. My (metaphorical) door is always open. Honorable Mentions
NASDAQ:INTCEducation
by chrysopoetics
2
Long Position Preparation I am looking for the bottom here. My indicators tell me that there will be a bottom here. My RSI is an early indicator of price rockets down and up. As we see, it just predicted this bottom we are moving into, and the upward momentum that we will experience. My bandpass which uses a modified noise-reduced price action as an input is showing that we expect a price cycle down, and if we don't cycle down, then we can time exactly when the uptrend will happen based on the cycle length (which is 100 bars, so we wait 25(1/4 cycle) bars and make sure price decides on a direction). Lastly, the dual volume divergence shows that negative volume is diverging into the green, which is bullish (also notice that for a part of the day it went positive, which is a sign of upward pressure building as it tests positive volume). Positive volume broke below the trend, which is a great sign for finding a bottom, as positive volume will start to recover upwards, we enter. We need to confirm 3 things to enter, 1. the RSI hits the stop, indicating upward momentum, which will eventually pressure price up, 2. Bandpass cycling up, which is a waiting game, and 3. - vol above zero, + vol trending up. These 3 will mean we enter. I'll keep you guys updated as things occur, and will tell you if it get invalidated. The benefit of looking at predictive volume, momentum, and cycling/trending analytics allows us to also confirm before and during what we look for rather than entering positions late, we have more confidence from predictive indications. glhf. -anooj
BITFINEX:BTCUSDLong
by anoojpatel
1
trading market cycles with PRO SinewaveFor those who already know or simply heard about Sinewave oscillator created by J.Ehlers out of Hilbert filter formulas... The PRO Sinewave indicator will stun you ! For those who don't, well you might be missing a very interesting market approach and I suggest you to google the two names above to eventually start tipping a toe into the beautiful cyclical world of trading ! Usages can be very wide but I personnaly focussed on creating an algorithm to filter, and signal out of the sinewave oscillator. It ended up with this PRO Sinewave indicator ! But there's an important thing you might need to know (if not already) is that a proper trading signal can never come out of a single indicator... (holy grail indicator doesn't exist and therefore every indicator will have its own strengths and also weaknesses). To avoid this I also developped the PRO Momentum wich is also a very complex signaling indicator (with patterns coming out of momentum based indications). Momentum and cyclical approaches are very complementary and when you combine the signals from the two indicators you'll obtain a very low risk trading signal. That doesn't mean they'll be 100% winners... Only fools could believe such thing. Everything about the Momentum & Sinewave signaling process is details in this PDF manual (right clic to download) Anyway I hope I caught your interest on this great topic that is cyclical analysis of the market !
FX:SPX500Education
by PRO_Indicators
1
Bitcoin Falls Out of Price Channel as Weekly Indicators DeclineThere has been quite a bit of discussion about Bitcoin and the direction of price. Based on the weekly chart it should become apparent that until the weekly indicators turn up, Bitcoin will have difficult gaining any price altitude. In addition, Bitcoin has fallen out of the price channel formed back in April based on the pivot low of $339.79. The only indicator below the chart that has not turned bearish is the Premier Stochastic Oscillator (PSO), but it - especially - should give reason for pause. Why? Because based on the past, it will likely go negative before cycling back up to positive. How long could it take once it cycles red to cycle back to positive? Probably two or three weeks at minimum. However, the more likely scenario is that it will cycle positive (of course after it goes negative) only after the other indicators have bullish crosses. While many are talking about Bitcoin cycling back up in 2 weeks or so, it may actually take much longer unless something happens that allows the indicators to catch themselves and reverse course. In my opinion, the more likely scenario is the indicators continue cycling down in a process more likely to take several months, rather than several weeks. Just take a look at KDJ and the Ehlers Smoothed Stochastic & RSI with Roofing Filters indicators to get an idea of how long a cycle from top to bottom to top is taking. It isn't two weeks, that's for certain. That doesn't discount getting a bump up, but it does indicate the difficulty Bitcoin price will have going back up significantly higher until the indicator cycles complete.
BITSTAMP:BTCUSD
by TerryKinder
3