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DannyBaker
Jun 17, 2018 10:08 PM

Ehlers Forward Reverse EMA 

KRAKEN:BTCUSD240
Bitcoin / U. S. DollarKraken

Description

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This is Ehlers most recent indicator, today is 6/17/18 "Forward and Reverse EMA". I have done my best to translate the code form trade stations easy language.

If anyone knows easy language could they check my translation against the easy language code below.

{
Forward / Reverse EMA
(c) 2017 John F. Ehlers
}

Inputs:
AA(.1);

Vars:
CC(.9),
RE1(0),
RE2(0),
RE3(0),
RE4(0),
RE5(0),
RE6(0),
RE7(0),
RE8(0),
EMA(0),
Signal(0);

CC = 1 - AA;
EMA = AA*Close + CC*EMA[1];

RE1 = CC*EMA + EMA[1];
RE2 = Power(CC, 2)*RE1 + RE1[1];
RE3 = Power(CC, 4)*RE2 + RE2[1];
RE4 = Power(CC, 8)*RE3 + RE3[1];
RE5 = Power(CC, 16)*RE4 + RE4[1];
RE6 = Power(CC, 32)*RE5 + RE5[1];
RE7 = Power(CC, 64)*RE6 + RE6[1];
RE8 = Power(CC, 128)*RE7 + RE7[1];

Signal = EMA - AA*RE8;

Plot1(Signal);
Plot2(0);

Release Notes

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Ehlers reverse EMA Trend just a little easier to see when it is above or below the zero line

Release Notes

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Stratergy


if TrendRevEMA > 0 and
CycleRevEMA crosses over 0 then
Buy next bar at Market

if TrendRevEMA crosses over 0
or CycleRevEMA crosses over 0 then
Buy to cover next bar at market

if TrendRevEMA crosses under 0 or
CycleRevEMA crosses under 0 then
Sell next bar at market

if TrendRevEMA < 0 and
CycleRevEMA crosses under 0 then
Sell Short next bar at Market
Oscillators
Comments
DannyBaker
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It is now correct
DannyBaker
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I have since found that this indicator is not correct. i will do my best to fix and repost.

H
linuxguru
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@DannyBaker, The problem is you are not storing the history for the r1,r2 values independently for the trend and cycle alphas, do they are written over each other. Pulling the calculations into a function doesn't create separate r1..r8 variables for the call to reverse(). Probably best to calculate one and let user pick the alpha they want.
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