LazyBear

Ehlers Cyber Cycle Indicator [LazyBear]

The Cyber Cycle Indicator, developed by John Ehlers , is used for isolating the cycle component of the market from its trend counterpart. Unlike other oscillators like RSI , Cyber Cycle Indicator's wave has a variable amplitude.

Use the osc/signal crossover for entry/exit points. You can enable highlighting the crossovers by using region fills (via options page). I have also added an option to color the bars based on this.

Actually I have lot of Ehlers indicators in my to-publish backlog, will try to prioritize them over the others in the pipeline. Lets have an Ehlers week for indicators :)

More info:
Cybernetic Analysis for Stocks and Futures

List of my public indicators: http://bit.ly/1LQaPK8
List of my app-store indicators: http://blog.tradingview.com/?p=970


Remove from Favorite Scripts Add to Favorite Scripts
//
// @author LazyBear 
// 
// List of my public indicators: http://bit.ly/1LQaPK8 
// List of my app-store indicators: http://blog.tradingview.com/?p=970 
//
study("Ehlers Cyber Cycle Indicator [LazyBear]", shorttitle="ECCI_LB", overlay=false, precision=3)
src=input(hl2, title="Source") 
alpha=input(.07, title="Alpha")
smooth=(src+2*src[1]+2*src[2]+src[3])/6
cycle_=(1-.5*alpha)*(1-.5*alpha)*(smooth-2*smooth[1]+smooth[2])+2*(1-alpha)*nz(cycle_[1])-(1-alpha)*(1-alpha)*nz(cycle_[1])
cycle=(n<7)?(src-2*src[1]+src[2])/4:cycle_
t = cycle[1]
plot(0, title="ZeroLine", color=gray) 
fr=input(true, title="Fill Osc/Trigger region")
duml=plot(fr?(cycle>t?cycle:t):na, style=circles, linewidth=0, color=gray, title="Dummy")
cmil=plot(cycle, title="CyberCycle",color=blue)
tl=plot(t, title="Trigger",color=green)
fill(cmil, duml, color=red, transp=50, title="NegativeFill")
fill(tl, duml, color=lime, transp=50, title="PositiveFill")
ebc=input(false, title="Color bars?")
bc=ebc?(cycle>0? (cycle>t?lime:(cycle==t?gray:green)): (cycle<t?red:orange)):na
barcolor(bc)
How do you get the bars to be colored? I just have the indicator added
Reply
Open the Options dialog (click on "Format" icon next to the indicator name.), select "Color bars?".
Reply
Dude, I think most of my Favourites librbary contains your indicators XD.

Thank you as always.
Reply
LazyBear PRO Pansyfaust
YW :)
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out