OPEN-SOURCE SCRIPT
Elhers Super Bandpass Filter by Shizaru
The original script was posted on ProRealCode by user Nicolas.
Source: traders.com/Documentation/FEEDbk_docs/2016/07/TradersTips.html
John Ehlers describe the trading rules of this new indicator as this:
Please leave a like or follow me if you use my indicators. Thanks!
Source: traders.com/Documentation/FEEDbk_docs/2016/07/TradersTips.html
John Ehlers describe the trading rules of this new indicator as this:
- Buy on the filter crossing above its -RMS line
- Short on the filter crossing below its RMS line
- Exit long when the filter either crosses below its RMS or crosses below -RMS (which signifies a false entry signal)
- Cover short when the filter either crosses above its -RMS or crosses above RMS (which signifies a false entry signal)
Please leave a like or follow me if you use my indicators. Thanks!
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.