OPEN-SOURCE SCRIPT
[blackcat] L2 Ehlers Loops
Level 2
Background
John Ehlers’ articles in the June issues on 2022,“Ehlers Loops, Part 1”
Function
In his article in this issue, “Ehlers Loops,” John Ehlers presents some concepts of price and volume relationship to determine if any predictive value can be obtained by the analysis. In the analysis, both price and volume are filtered using high-pass and low-pass filters with the result delivering the desired data wavelengths. The author suggests that the resulting Ehlers Loops are a way to discretionarily predict bullish and bearish moves that are based on the curvature and direction of rotation of motion in the price-volume chart.
Remarks
Feedbacks are appreciated.
Background
John Ehlers’ articles in the June issues on 2022,“Ehlers Loops, Part 1”
Function
In his article in this issue, “Ehlers Loops,” John Ehlers presents some concepts of price and volume relationship to determine if any predictive value can be obtained by the analysis. In the analysis, both price and volume are filtered using high-pass and low-pass filters with the result delivering the desired data wavelengths. The author suggests that the resulting Ehlers Loops are a way to discretionarily predict bullish and bearish moves that are based on the curvature and direction of rotation of motion in the price-volume chart.
Remarks
Feedbacks are appreciated.
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Vous voulez utiliser ce script sur un graphique ?
Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.