OPEN-SOURCE SCRIPT
Ehlers Decycler Oscillator [CC]
Updated
The Decycler Oscillator was created by John Ehlers (Cycle Analytics For Traders pgs 43-44) and it is used to show transitions between uptrends and downtrends. If it rises above the 0 line then this means it has transitioned to an uptrend and it falls below the 0 line then it is in a downtrend. Buy if the indicator line is green and sell when it is red.
This was a custom request so let me know if you would like to see more scripts from me or if you want something custom done!
This was a custom request so let me know if you would like to see more scripts from me or if you want something custom done!
Release Notes
Updated to v5 and added smoothing for clearer signalsRelease Notes
Changed script to match other scriptsRelease Notes
Removed extra smoothingOpen-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.
I created the largest stock indicator library:
github.com/ooples/
Custom Indicator Requests:
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github.com/ooples/
Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7
Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry
Disclaimer
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