OPEN-SOURCE SCRIPT

Ehlers Error Correcting Exponential Moving Average [CC]

The Error Correcting Exponential Moving Average was created by John Ehlers and Ric Way (Stocks & Commodities V. 28:11 (30-35)) and this is an excellent moving average that accurately identifies the trend and sticks with the price during trends or choppy periods pretty well. It looks back to find the best gain setting for each day that returns the smallest difference between the current price and the ema based on the gain setting and uses that day's info in it's total calculations and if there is a zero gain for the day then it is just a classic ema. I have included strong buy and sell signals in addition to normal ones so lighter colors are normal and darker colors are strong. Buy when the line turns green and sell when it turns red.

Let me know if there are any other indicators you would like to see me publish!
correctingcorrectionehlerehlersExponential Moving Average (EMA)errorerrorsjohnjohnehlersMoving AveragesTrend Analysis

Open-source Skript

Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?


I created the largest stock indicator library:
github.com/ooples/

Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7

Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry
Auch am:

Haftungsausschluss