e2e4mfck

Reflex & Trendflex

New Indicator from John F. Ehlers issued in the February 2020 Technical Analysis of Stocks and Commodities article "Reflex: A New Zero-Lag Indicator"

This indicator includes both studies described in the article and intend to significantly reduce the lag of the signal compared to other oscillators.
Reflex for the cycle component and is more sensitive to major reversals, Trendflex for the trend component.

Pivot Max range as the borders for top and bottom reading of the indicators (the script will plot separate borders for both components) and divergences were added.
Divergence function is the interpretation of built-in divergence script, optimized the code and added option to show real-time divs (without offset), all credits to ...)

daily*tip: I must say that very quickly I began to realize how fragmented and imperfectly modern economic knowledge is and how little can be taken from fundamental science in terms of practical recipes. (c) Andrey Movchans.
stay safe ;)
Jan 14
Catatan Pelepasan: Comments added.
Keluarkan daripada Skrip Pilihan Tambah kepada Skrip Pilihan
awesome work as usual buddy ;)
+1 Balas
@deedee, Thanks buddy, long time no seen ;)
Balas
Hi, If you can please explain how to use this indicator, bcoz I am a new here.
+1 Balas
@AsifK, the indicator shows the cycles and trend, you do the rest ;)
Balas
Thanks this looks interesting.
+1 Balas
@Scygon, Still early to say, brand new stuff has to be tested
Balas
Scygon e2e4mfck
@e2e4mfck, can you explain what the blue and red dots on the top an bottom mean?
+1 Balas
@Scygon, The highest/lowest value of the oscillator during last 200 candles. Blue for Reflex and Red for Trendflex.
Balas
ty.
+1 Balas
e2e4mfck greyghost7
@greyghost7, yw ;)
Balas
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