OPEN-SOURCE SCRIPT

Ehlers Dominant Cycle Tuned Bypass Filter [CC]

Updated

The Dominant Cycle Tuned Bypass Filter was created by John Ehlers (Stocks & Commodities V. 26:3 (16-22)) and this is a particularly unique indicator because this does a pretty good job at predicting the future stock movements. If the blue line crosses over the red then a few bars from now the stock price will most likely go up and if the blue line crosses below the red then a few bars from now the stock price should go down. Since this is such a unique indicator to use with entry and exit points, I don't have them color coded but try this out and let me know what you think.

This was a special request so let me know what other scripts you would like to see me publish or if you want anything custom done!

Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.

Release Notes

removed short title to make it less confusing

Release Notes

fixed issue with default resolution

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

cheatcountry

I created the largest stock indicator library:
github.com/ooples/

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