OPEN-SOURCE SCRIPT

Ehlers AM Detector [CC]

The AM Detector was created by John Ehlers (Stocks and Commodities May 2021 pg 14) and this is his first volatility indicator I believe. Since this is a more informational indicator rather than a buy or sell signal generator, I have included buy and sell signals for a simple moving average but feel free to use this in combo with any other system you use. Buy when the line turns green and sell when it turns red.

Let me know if there are any other indicators you would like to see me publish!
Centered OscillatorsdetectorehlerehlersjohnjohnehlersOscillatorsvolatileVolatilityvolatilitycontractionvolatilitytrade

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.

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