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ChuckBanger
Dec 21, 2019 12:56 PM

Instantaneous Trendline Strategy [ChuckBanger] 

Bitcoin / U.S. dollarBitstamp

Description

Based on Instantaneous Trendline, by John Ehlers , identifies the market trend by doing removing cycle component. I think, this simplicity is what makes it attractive :) To understand Ehlers's thought process behind this, refer to the PDF linked below.

There are atleast 6 variations of this ITrend. This version is from his early presentations. You can find it here: mesasoftware.com/seminars/AfTAMay2003.pdf

This is better then a regular MA cross over strategy
Comments
loxx
hey chuck, did you mean to recursively reference the src variable to feed back into the FIL filter smoother to continually smooth the function forward? i assume so since smoothing h12 on every bar alone doesn't do much, just wondering if this something that Ehlers suggested or something of your own creation since it produces wildly different results depending on how you run the smoother
majid_trader81
very very nice!!! Thank you very much
maxonline
Awesome! thank you!
ChuckBanger
@maxonline, thanks man....
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