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DasanC

Instantaneous Trend [Ehlers]

DasanC  
Trend Analysis ehlers trend
149
4
trendanalysis ehlers trend
A low lag, trend follower for higher timeframes.
This works great as a tool to filter trades from oscillators or to provide a general trend direction.

You can also trade off the color changes, though I must recommend using timeframes higher than 1H.

-DasanC
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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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