e2e4mfck

Reflex & Trendflex

New Indicator from John F. Ehlers issued in the February 2020 Technical Analysis of Stocks and Commodities article "Reflex: A New Zero-Lag Indicator"

This indicator includes both studies described in the article and intend to significantly reduce the lag of the signal compared to other oscillators.
Reflex for the cycle component and is more sensitive to major reversals, Trendflex for the trend component.

Pivot Max range as the borders for top and bottom reading of the indicators (the script will plot separate borders for both components) and divergences were added.
Divergence function is the interpretation of built-in divergence script, optimized the code and added option to show real-time divs (without offset), all credits to ...)

daily*tip: I must say that very quickly I began to realize how fragmented and imperfectly modern economic knowledge is and how little can be taken from fundamental science in terms of practical recipes. (c) Andrey Movchans.
stay safe ;)
Jan 14
Release Notes: Comments added.
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You can't make the same mistake twice. The second time you make it it's no longer a mistake, it's a choice

Comments

Thank you very much for letting the *normies* try out your amazing work!
+2 Reply
e2e4mfck AboveDuality
@AboveDuality, Your welcome ;)
+1 Reply
Feng Shui code! Beautifully organized, lean and functional. Congrats.
+1 Reply
@LucF, Thank you ;)
Reply
Great work and thank you for sharing!
+1 Reply
e2e4mfck allanster
@allanster, Your welcome!
Reply
awesome work as usual buddy ;)
+1 Reply
@deedee, Thanks buddy, long time no seen ;)
Reply
Hi, If you can please explain how to use this indicator, bcoz I am a new here.
+1 Reply
@AsifK, the indicator shows the cycles and trend, you do the rest ;)
Reply
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