Ehlers Signal To Noise Ratio [CC]The Signal To Noise Ratio was created by John Ehlers (Rocket Science For Traders pgs 81-82) and this indicator is perfect for all of the scalpers out there! This will let you know when the stock is at a high volatility or not and when to buy or sell. If the indicator crosses over the dotted line then that means the stock is volatile and it is trading flat then it will be below the dotted line. Buy when the indicator line is green and sell when it is red.
This was a custom request so let me know if there are any other scripts you would like me to publish or if you want something custom done!
Johnehlers
Ehlers Decycler [CC]The Decycler was created by John Ehlers (Cycle Analytics For Traders pgs 40-41) and this is a moving average that has an extremely low lag even though it uses a fairly high length to calculate everything. This can also work well as a trendline. Buy when the indicator line is green and sell when it is red.
Let me know if there are other scripts you would like to see me publish or if you want something custom done!
Ehlers HighPass-LowPass Roofing Filter [CC]The HighPass-LowPass Roofing Filter was created by John Ehlers (Cycle Analytics For Traders pg78) and this is a variation of a roofing filter that will let you know which direction the stock is trending. If it falls below 0 then the stock is in a downtrend and if it rises above 0 then it is an uptrend. Buy when the indicator line is green and sell when it is red.
Let me know if there are other scripts you would like me to publish or if you want something custom done!
Ehlers Hilbert Oscillator [CC]The Hilbert Oscillator was created by John Ehlers (Rocket Science For Traders pgs 90-91) and just like the sinewave indicator that I published yesterday, this is also a leading indicator. The big difference between this indicator and the sinewave is that this indicator works very well for determining major turning points in the stock before they happen. You will notice that when the blue line crosses over the red line that a few bars from that point, the stock will start an uptrend and the reverse is true. I have also included immediate buy and sell signals over the 0 line so buy when the line is green and sell when it is red
Let me know if you would like to see any other scripts from me or if you want something custom done!
Ehlers Sinewave Indicator [CC]The Sinewave Indicator was created by John Ehlers (Rocket Science For Traders pgs 97-99) and this is a few indicators in one. Simply put it is a leading indicator which you don't see too many of those these days. If the blue line crosses over the red line then within the next few bars the price will start an uptrend and if the blue line crosses below the red line then in the next few bars it will start a downtrend. I have also included an immediate buy and sell signal on the 0 line which is green when you should buy and red when you should sell.
Let me know if you would like to see any other scripts or if you want something custom done!
Ehlers Even Better Sinewave Indicator [CC]The Even Better Sinewave Indicator was created by John Ehlers (Cycle Analytics For Traders pgs 161-162) and this indicator works well when the stock is in a trend mode. It will let you know how long to stay with a trade and it works best with a trend confirmation but it can also work on it's own fairly well. Buy when the indicator line is green and sell when it is red.
Let me know if there are other scripts you would like me to do or if you want something custom done!
Ehlers Fisher Stochastic Center Of Gravity [CC]The Fisher Stochastic Center Of Gravity Indicator was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 95) and this is a combo cycle indicator mixed with a stochastic indicator. The idea is to capture the beginning of the cycle and ride it until the end. Buy when the indicator line is green and sell when it turns red.
This was a custom request so let me know if you would like to see me publish any other scripts or if you want something custom done!
Ehlers 3 Pole Butterworth Filter [CC]The 3 Pole Butterworth Filter was created by John Ehlers (Cycle Analytics For Traders pg 32) and this is a nice filter that follows the price very closely. Buy when the indicator is green and sell when it turns red.
This was a custom request so let me know if you would like me to publish any other scripts or if you want something custom done!
Ehlers Fisher Transform Indicator [CC]The Fisher Transform Indicator was created by John Ehlers and the beauty of this indicator is that it provides sharp and clear turning points that are also very early. Buy when the indicator line is green and sell when it is red.
This was a special request so let me know if you would like me to publish other scripts or if you want something custom done!
Ehlers Market State Indicator [CC]The Market State Indicator was created by John Ehlers (Stocks & Commodities V. 38:06 (8–15)) and this is technically part of three indicators in one so I'm splitting each one to a separate script. This particular indicator was designed for the market state which acts as a trend direction and tells you whether the trend is strong in either direction. Keep in mind that when the indicator rapidly switches then the market is choppy and when it is a steady line then it is a very strong trend. Essentially buy when the indicator line is green and sell when it is red.
Let me know if you would like me to publish other scripts or if you want something custom done!
Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.
Ehlers Spectrum Derived Filter Bank [CC]The Spectrum Derived Filter Bank was created by John Ehlers (Stocks & Commodities V. 26:3 (16-22)) and this is technically two indicators in one. This will let you know the current cycle period which is in blue and the other indicator will let you know if you should buy the stock or not. Buy when it is green and sell when it is red.
Let me know if you would like me to publish other scripts or if you want something custom done!
Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.
Ehlers Dominant Cycle Tuned Bypass Filter [CC]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.
Ehlers Restoring Pull Indicator [CC]The Restoring Pull Indicator was created by John Ehlers (Stocks & Commodities V.11:10 (395-400)) and this was one of his earliest indicators that functions as a momentum indicator . Buy when the indicator line is green and sell when it is red.
Let me know if you would like to see me publish more scripts or if you want something custom done!
Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.
Ehlers Swiss Army Knife Indicator [CC]The Swiss Army Knife Indicator was created by John Ehlers (Stocks & Commodities V. 24:1 (28-31, 50-53)) and it is 9 different filters in one big mega indicator! This is my first attempt at allowing you all to select different timeframes, to choose if you allow repainting or not, or by letting you choose which indicator you want to see on the chart. I know this may cause problems so feel free to send me a pm if you are stuck or if you have any questions!
This was a custom request so please let me know if you want to see me publish any other scripts or if you want something custom done!
Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.
Ehlers Correlation Cycle IndicatorThe Correlation Cycle Indicator was created by John Ehlers (Stocks & Commodities V. 38:06 (8–15)) and this is technically part of three indicators in one so I'm splitting each one to a separate script. This particular indicator was designed for trend direction and trend strength and simply buy when it is green and sell when it turns red. Also keep in mind that the higher the indicator is above the signal then the stronger the trend and when they are close together, conditions get choppy.
Let me know if you would like to see me publish other scripts or if you want something custom done!
Ehlers Correlation Angle IndicatorThe Correlation Angle Indicator was created by John Ehlers (Stocks & Commodities V. 38:06 (8–15)) and this is technically three indicators in one so I'm splitting each one to a separate script. This particular indicator was designed for trend termination and simply buy when it is green and sell when it turns red.
Let me know if you would like to see me publish other scripts or if you want something custom done!
Ehlers Discrete Fourier TransformThe Discrete Fourier Transform Indicator was written by John Ehlers and more details can be found at www.mesasoftware.com
I have color coded everything as follows: blue line is the dominant cycle, orange line is the power converted to decibels, and I have marked the other line as red if you should sell or green if you should buy
Let me know if you would like to see me write any other scripts!
Phase CalculationPhase Calculation was authored by John F. Elders in the Stocks and Commodities Magazine 11/1996
This indicator will tell you if the stock is in a uptrend or downtrend. A phase number with a low number means it is in a uptrend and a phase number with a high number means it is in a downtrend.
Let me know if you want to see me write code for different indicators!
The Perfect RSI (Ehler's Cycle RSI Modified with Discriminator)This is the RSI indicator that I use. It combines two concepts of John Ehler. It integrates the idea of Highpass filtering the Price data, along with the the idea of automatically determining the Dominant price cycle through a Homodyne Discriminator, and using half of a cycle length as the input for the RSI. Not only determines the most effective range for the RSI by setting it based on the cycle, but also makes the RSI PDF(Probability Distribution Function) adjustable as shown in John Ehler's papers. Still needs some tweaking on determining the best calculations for cycles, and whether or not to better filter the price data into the discriminator.
Works just like a normal RSI, but should have less false signals, and also has the option for super smoothing. Play around it and see if theres any new indications or signals that come from it ;)
Let me know if there's any concerns or additions!
