johnehlers

blackcat1402

Level: 2 Background John F. Ehlers introuced Homodyne Discriminator Cycle Period Measurer in his "Rocket Science for Traders" chapter 7. Homodyne means we are multiplying the signal by itself. More precise, we want to multiply the signal of the current bar with the complex conjugate of the signal 1 bar ago. The complex conjugate is, by definition, a complex...

blackcat1402

Level: 2 Background John F. Ehlers introuced Phase Accumulation technique of cycle period measurement in his "Rocket Science for Traders" chapter 7. It is perhaps the easiest to comprehend. In this technique, John Ehlers measures the phase at each sample by taking the arctangent of the ratio of the Quadrature component to the In-phase component. A delta phase is...

blackcat1402

Level: 2 Background John F. Ehlers introuced Hilbert Transform in his "Rocket Science for Traders" chapter 6. The Hilbert Transform is a procedure to create complex signals from the simple chart data familiar to all traders. Once we have the complex signals, we can compute indicators and signals that are more accurate and responsive than those computed using...

cheatcountry Updated 

The Adaptive Commodity Channel Index V1 was created by John Ehlers (Rocket Science For Traders pgs 236-237) and this is the typical Commodity Channel formula with the introduction of adaptive lengths based on his earlier work with indicators such as the Mother of Adaptive Moving Averages. For longer term signals you would get a bullish signal when CCI is above 0...

cheatcountry

The Adaptive Relative Vigor Index was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pgs 140-141) and it does a pretty good job of capturing the peaks and valleys of the underlying data. There are several ways to read this particular indicator so for long term trades then buy when it goes above 0 and sell when it falls below 0 or for shorter...

cheatcountry

The 3 Pole Butterworth Filter was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pgs 196-197) and this indicator is a moving average that also works well as a trendline. Buy when the indicator line turns green and sell when it turns red. Let me know if you would like me to publish other indicators or if you want something custom done!

cheatcountry

The 2 Pole Super Smoother Filter was created by John Ehlers (Cycle Analytics For Traders pg 32) and this follows the price very closely and very useful because it is consistent with uptrends and falls sharply during a sudden downtrend so it should be able to help you stay more profitable. Buy when the indicator line turns green and sell when it turns red. Let me...

cheatcountry

The Center of Gravity Oscillator was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 49) and this provides a pretty accurate way to see how the stock is trending. If the indicator stays above 0 then the stock is in a pretty strong uptrend and if it stays below 0 then the stock is in a pretty strong downtrend. Buy when the indicator changes...

OrcChieftain

This script uses @cheatcountry script to determine Ehlers Bandpass Filter. Backtest offers 3 capital management tools. One that will always calculate order size as initial capital/close, one that uses the same calculation but adds or substracts profit. The last one allows you to enter manually the size you want to trade. The time-based stop will close the...

OrcChieftain

This script uses @cheatcountry script to calculate Ehlers Instantenous Trendline . Backtest offers 3 capital management tools. One that will always calculate order size as initial capital/close, one that uses the same calculation but adds or substracts profit. The last one allows you to enter manually the size you want to trade. Green and red horizontal lines...

cheatcountry

The Instantaneous Trendline was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 24) and this is an updated version of his original Instantaneous Trendline that works much better in my opinion. Buy when the indicator line turns green and sell when it turns red. Let me know what other scripts you would like to see me publish or if you want...

cheatcountry

The BandPass Filter was created by John Ehlers (Cycle Analytics For Traders pgs 56-57) and this indicator only works well in choppy markets so I figured it would be useful for the scalpers out there. As you will notice it correctly identifies the peaks and valleys in the underlying stock data but it doesn't work as well when the stock is trending. The black line...

cheatcountry

The 2 Pole Butterworth Filter was created by John Ehlers (Cycle Analytics For Traders pg 32) and this is an updated version of his original 2 pole Butterworth Filter script that seems to follow the price even closer. Buy when the indicator line turns green and sell when it turns red. Let me know if there are other scripts you would like to see me publish or if...

cheatcountry

The Cyber Cycle was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 34) and this is one of my favorite Ehlers indicators. I use it personally for exits but it has several uses. It gives great entry and exit signals when you enter when it is at the bottom or at the very top during a cycle. When it is above 0 then the stock is in a strong...

cheatcountry Updated 

The Sinewave Indicator was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pgs 154-155) and this is an updated version of his original Sinewave Indicator which in my opinion seems to be more reactive to changes. Buy when the blue line crosses over the red line and sell when the blue line crosses under the red line. Also keep in mind that this...

cheatcountry

The Hurst Coefficient was created by John Ehlers (Cycle Analytics For Traders pgs 67-68) and this is a very useful indicator to tell you if the stock is in a uptrend or downtrend. Feel free to change the length to experiment and to adjust to your needs. Buy when the indicator line is green and sell when it is red. Let me know if there are other indicators you...

cheatcountry Updated 

The 2 Pole Butterworth Filter was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 192) and this is one of his many filters that cuts out the noise and follows the price very closely. I recommend combining a 2 pole and 3 pole system of the same type of filter. Buy when the indicator line is green and sell when it is red. Let me know if there...

cheatcountry Updated 

The Super PassBand Filter was created by John Ehlers (Stocks & Commodities V. 34:07 (10–13)) and this is a pretty useful indicator to let you know how volatile the market is right now. This is useful for scalpers because this lets you avoid the choppy markets (usually when the rms is 1.50 or less but feel free to choose your own level) and gives you good entry and...