The Detrended Ehlers Leading Indicator was created by Bill Mars based off of Ehlers work and this is his attempt to create a leading indicator based on the previous Detrended Synthetic Price . I will be honest that this is a bit of a strange script because it is an indicator based off of the detrended synthetic price which is based off of Ehlers work so I haven't...
The Detrended Synthetic Price was created by Bill Mars and this indicator is another undiscovered gem that I have found very useful. He obviously took inspiration from John Ehlers in the creation of this indicator and I would describe this indicator as a combination of a MACD and Ehlers work. This indicator is extremely smooth and gives very clear buy and sell...
Mars speed phases (stationary and retrograde) seems to slow down the impulsive and energetic actions of traders, looking in the BTCUSD chart is very clear that during the period of Mars moving direct within the average speed around 0.6 degrees per day or above it, the price range is wider and the trend is more strong than when speed is decreasing below 0.50...
Mars crossing zero declination through the north direction exhibits more stronger force in the impulsive and aggressive price fluctuations, for BTCUSD we can see that in many of the occurrences there was very intense price action on this cryptocurrency. In the contrary when crossed the zero declination through the south declination direction, in many occurrences...
Mars energy control the initial impulse, the courage to execute a risky action or to start a new entrepreneurship, to declare the war and fight. It allow us to focus our energy into impulsive action that will require a lot of our forces to produce the initial movement and momentum. Mars drives and directs our motivation into quick and impulsive actions. This...