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everget
Sep 17, 2018 8:08 PM
Ehlers Leading Indicator
FX:USDJPY
720
U.S. Dollar/Japanese Yen
FXCM
Description
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Sep 17, 2018 8:08 PM
Ehlers Leading Indicator script.
This indicator was originally developed by John F. Ehlers (see his book `Cybernetic Analysis for Stocks and Futures`, Chapter 16: `Leading Indicators`).
Trend Analysis
Exponential Moving Average (EMA)
ehlers
leadingindicators
netlead
smoothing
lowlag
Comments
AlexManorov
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Sep 18, 2018 7:48 AM
Can you elaborate what you find so interesting in this indicator?
everget
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Sep 18, 2018 8:22 AM
@AlexMayorov, just interesting technique to add difference between price and an EMA to the price itself.
This indicator hasn't solid advantages over, for example, HMA - they look very similar.
etnips7
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Sep 17, 2018 8:49 PM
Thank you!
everget
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Sep 17, 2018 9:04 PM
@spinte7, not at all)
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