reverse EMA Osc - John Ehlers — Indicator by littlebigcrypt

This an universal oscillator with features such as minimum lag and a single-input parameter that lets it highlight cycle, momentum, and trend components.

based on reverse impulse response filter design applied to EMA.

colorstyle for histogram style borrowed from Awesome Oscilator, but one will notice the superior lag response.

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.

Disclaimer

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