MESA Phase [SHK]

MESA Phase (By John Ehlers ) is a cyclic indicator that predicts market short-term and mid-term movements. It would give you clear divergence signals or you can use it as a price reversal detection indicator.

Please share us any tricks or new useful methods that you determined by using this indicator.
Versionshinweise: "Horizontal Line" Bug fixed.
  • Source price modified.
  • Offset added to get more accurate divergence points.
  • Bug fixes.
Open-source Skript

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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