everget

Ehlers Triple Delay-Line Detrender

This indicator was originally developed by John F. Ehlers (Stocks & Commodities , V.18:7 (July, 2000): "Optimal Detrending").

Mr. Ehlers applied the ideas of the radar systems for the financial time series detrending.

Mr. Ehlers constructed the Triple Delay-Line Canceller first, then smoothed it with the Modified Optimum Elliptic Filter with minimal lag. The smoothed detrended signal is smoothed again with the Modified Optimum Elliptic Filter to obtain signal line.

As result, the crossings of the two indicator lines catch every major cyclic move and the detrender itself can be used as the first step in more sophisticated analyses.
Release Notes:
  • Fixed errata
Remove from Favorite Scripts Add to Favorite Scripts
A list of Free indicators: https://bit.ly/2S7EPuN
A list of Paid indicators: https://bit.ly/2SQOhDF

Tip Jar
BTC, BCH: 1FkyXRuR3wDjH1PrPAgvNVMaDoupJQZXi7
ETH, LINK:
0x2393f8a932828ef0274ebbc4f873152837d3ab5b
QTUM:
Qb6YXy3FitoMvevWpTHFtbomiXcS8YVSdi
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out