cheatcountry

Ehlers NonLinear Filter [CC]

The NonLinear Filter was created by John Ehlers and this one of his more unknown filters that work very well as a trendline and moving average. This is one of my favorites along with the instantenous trendlines that he created. Buy when the line turns green and sell when it turns red.

Let me know if there are any other indicators you would like to see me publish scripts for!
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.

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Comments

thanks so much i have been trying out ideas and indicators not used as much and have really gotten to like john ehlers ideas and work so thank you. and to the kid who asked about backtesting... john ehlers hated it and said backtesting was bogus and woudlnt give proper results
100 coins
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cheatcountry mrudinica
@mrudinica, thank you very much and yes Ehlers is right like always. I have around 40 more unpublished Ehlers scripts that I will be releasing in the next few months so stay tuned
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Hi! how do I add strategy backtesting to this indicator?
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cheatcountry crypto_blast
@crypto_blast, I will be working on adding strategies to all of my indicators very soon so you can check it out if you are interested
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Elegant Idea!
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cheatcountry MarketXOR
@MarketXOR, thanks
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