blackcat1402

[blackcat] L2 Ehlers Sine Wave Coupled Eight Planetary Cycle

Level: 2

Background

Have you considered that factors outside the Earth will be related to macro market trends? Let’s discuss the relationship between the planetary movement in the Galaxy and the market movement on Earth today! Although I said that, you may have laughed out in front of the screen, but the calculations in this script are entirely based on astronomical data and mathematical relationships.

Your next question may be why you compare the movements of the eight planets and the laws of the market on the earth together? My answer comes from a Cybernetic Sine Wave indicator proposed by Dr . John F. Ehlers .



Function

L2 Ehlers Sine Wave Coupled Eight Planetary Cycle first converts the astronomical data of the eight major planets into planetary aspects/phases through mathematical relationships. Planetary aspects/phases can provide the historical and current relative positions of each planet in the mathematical triangle relationship. We can use a simple mathematical sine formula to constrain the planet's trajectory between -1 and 1, which is what we often call a sine wave .

The relationship between the sine wave and the market can be extracted from the theory of John F. Ehlers . In Ehlers' theory, market price can be modeled by the trend and cycle modes. And in his works, there are many indicators of how to completely remove the trend in the market price and only leave the cycle mode data. The Cybernetic Sine Wave indicator is exactly the cycle mode data after the market trend is stripped, and expressed in the form of a sine wave .

If you can read to here with patience, you must also be aware of the premise that the trajectories of the eight planets and the laws of the earth market can be coupled: the trajectory of the sine wave mode. Therefore, this indicator is a tool for comparing and analyzing the two in the same chart. I hope you like it.

Finally, in order to benchmark the trajectories of the eight planets and the specific market on the earth, a starting point in time is particularly important. This is the base date of the market index to be analyzed. It is the year, month, and day data specified by the index, which needs to be input by the user when analyzing a specific stock index. For example, the base date of the S&P 500 index is January 3, 1928. This date needs to be entered into the indicator to analyze the SPX500 .

Key Signal

Mercury_trail ---> smoothed Mercury orbit sine wave
Venus_trail ---> smoothed Venus orbit sine wave
Earth_trail ---> smoothed Earth orbit sine wave
Earth_mirror ---> smoothed Earth mirrored orbit sine wave
Mars_trail ---> smoothed Mars orbit sine wave
Jupiter_trail ---> smoothed Jupiter orbit sine wave
Saturn_trail ---> smoothed Saturn orbit sine wave
Uranus_trail ---> smoothed Uranus orbit sine wave
Neptune_trail ---> smoothed Neptune orbit sine wave

Aspect 0, 45, 90, 225, 270 deg ---> key planet aspects

ehlersine ---> Ehlers Cybernetic Sine Wave
ehlerslsine ---> Ehlers Cybernetic Lead Sine Wave


Pros and Cons

This is a technical indicator that I have come up with on a whim, and the laws of planetary operation and the operation of the Earth market are still being explored. Hope that interested friends will share your new discoveries.

Remarks

To celebrate I released the 50th technical indicator script on TV!
Courtesy of @sal157011 John Ehlers "Cybernetic Sine Wave" indicator, I converted it from pine v2 to pine v4 in this script.

Readme

In real life, I am a prolific inventor. I have successfully applied for more than 60 international and regional patents in the past 12 years. But in the past two years or so, I have tried to transfer my creativity to the development of trading strategies. Tradingview is the ideal platform for me. I am selecting and contributing some of the hundreds of scripts to publish in Tradingview community. Welcome everyone to interact with me to discuss these interesting pine scripts.

The scripts posted are categorized into 5 levels according to my efforts or manhours put into these works.

Level 1 : interesting script snippets or distinctive improvement from classic indicators or strategy. Level 1 scripts can usually appear in more complex indicators as a function module or element.

Level 2 : composite indicator/strategy. By selecting or combining several independent or dependent functions or sub indicators in proper way, the composite script exhibits a resonance phenomenon which can filter out noise or fake trading signal to enhance trading confidence level.

Level 3 : comprehensive indicator/strategy. They are simple trading systems based on my strategies. They are commonly containing several or all of entry signal, close signal, stop loss, take profit, re-entry, risk management, and position sizing techniques. Even some interesting fundamental and mass psychological aspects are incorporated.

Level 4 : script snippets or functions that do not disclose source code. Interesting element that can reveal market laws and work as raw material for indicators and strategies. If you find Level 1~2 scripts are helpful, Level 4 is a private version that took me far more efforts to develop.

Level 5 : indicator/strategy that do not disclose source code. private version of Level 3 script with my accumulated script processing skills or a large number of custom functions. I had a private function library built in past two years. Level 5 scripts use many of them to achieve private trading strategy.
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?
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Comments

Thanks for sharing this. I'd like to add our Moon and Ceres but I'm not sure what to put on aspects calculation?
+1 Reply
@kiutukri, line# 32 to 40 are aspects calc
Reply
kiutukri blackcat1402
@blackcat1402, Sorry, what I meant is how do you calculate those values?
+1 Reply
@kiutukri, I did not calculate the values, but look them up in literatures :D
Reply
And where's the sun aspect plotted Blackcat?
+1 Reply
blackcat1402 mishakinsei01
@mishakinsei01, no data for sun orbit...
Reply
how do you suggest using this?
+1 Reply
blackcat1402 Nova15ink
@Nova15ink, I use it for fun and not for live trading :D
Reply
Any way to increase length or smooth the one with background color?
+1 Reply
Happy anniversary!!!
+1 Reply