John F. Ehlers Center Of Gravity Balanced by [DM]Greetings to all colleagues.
I share this indicator turned into a strategy, (this is one of my first strategies so some inputs are missing and others are somewhat archaic)
this cog is formed by three signals which can be reduced by dividing by phi
Available settings:
Length setting for signal
Trigger parameter setting for strategy
stoploss settings
trailing stop settings
tp settings
I hope it fuels your curiosity
The Center of Gravity (COG) indicator is a technical indicator developed by John Ehlers in 2002, used to identify potential turning points in the price as early as possible. In fact, the creator John Ehlers claims zero lag to the price, and the smoothing effect of the indicator helps to spot turning points clearly and without distractions.
Centerofgravity
CoG SSL BF 🚀In this strategy I combine my Center of Gravity script with my SSL Channel script.
The conditions for a long signal are if either:
Center of Gravity long is satisfied
Or
SSL Channel long is satisfied AND we are not in a sideways period.
The conditions for a short signal are if either:
Center of Gravity short is satisfied
Or
SSL Channel short is satisfied AND we are not in a sideways period.
We use a dynamic stop loss based on ATR to determine optimum stop loss levels. These levels are printed on the chart in yellow and orange.
INSTRUCTIONS
Bright green background = go long
Bright red background = go short
Yellow dotted line = long stop loss
Orange dotted line = short stop loss
On the chart, the 2 outer lines are the Center of Gravity lines and the filled channel in the middle is the SSL channel.
If the channel is white, this is a no trade zone, unless either Center of Gravity long/short signal is satisfied.
If we get stopped out from a long and we still have a long condition present, we re-enter. Same for short.
Center of Gravity BF 🚀Thanks to HPotter for the code I based this strategy on.
Center of Gravity calculation is based here on a linear regression function using the least squares method.
We use this to calculate a channel consisting of 2 lines, green and red on the chart
This strategy employs a dynamic stop loss function that measures stop loss placement based on recent ATR.
How signals are generated:
Price closes above green line = Go Long
Price closes below red line = Go Short
Yellow dotted line = stop loss based on long entry
Orange dotted line = stop loss based on short entry
INSTRUCTIONS
Green background = Go Long, put your stop loss at the yellow dotted line
Red background = Go Short, put your stop loss at the orange dotted line
NB: The stop losses printed on the chart are calculated from the point of entry on a trade, if you make a different entry to what is indicated, the corresponding stop loss will be different to what the indicator displays.
Combo Backtest 123 Reversal & Center Of Gravity This is combo strategies for get a cumulative signal.
First strategy
This System was created from the Book "How I Tripled My Money In The
Futures Market" by Ulf Jensen, Page 183. This is reverse type of strategies.
The strategy buys at market, if close price is higher than the previous close
during 2 days and the meaning of 9-days Stochastic Slow Oscillator is lower than 50.
The strategy sells at market, if close price is lower than the previous close price
during 2 days and the meaning of 9-days Stochastic Fast Oscillator is higher than 50.
Second strategy
The indicator is based on moving averages. On the basis of these, the
"center" of the price is calculated, and price channels are also constructed,
which act as corridors for the asset quotations.
WARNING:
- For purpose educate only
- This script to change bars colors.
Center Of Gravity Backtest The indicator is based on moving averages. On the basis of these, the
"center" of the price is calculated, and price channels are also constructed,
which act as corridors for the asset quotations.
You can change long to short in the Input Settings
WARNING:
- For purpose educate only
- This script to change bars colors.