littlebigcrypt

reverse EMA Osc - John Ehlers

This an universal oscillator with features such as minimum lag and a single-input parameter that lets it highlight cycle, momentum, and trend components.

It is based on reverse impulse response filter technique applied to EMA.

Color style borrowed from Awesome Oscillator, between one can notice a better lag response with this indicator.
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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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