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rumpypumpydumpy

Ehler's Reflex Indicator ( + MTF & Adaptive )

rumpypumpydumpy Wizard  
Oscillators ehlers reflex adaptive mtf
303
6
oscillator ehlers reflex adaptive mtf
Implementation of Ehler's Reflex Indicator from TASC Feb 2020.

Optional MTF and fixed/adaptive length based on one of Ehler's cycle measurements.

Optional settings for his recommended 2 bar averaging, can apply the averaging to either/and source ie (close + close) / 2, the output of the smoothing filter portion of the calculation or the final indicator output.

Green/Red : Reflex/Cycle
Aqua/Purple : Trend
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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