scarletPip wrote: Sun Dec 25, 2022 5:06 pm Thanks for this. Does anyone know where I can find the modified Stochastic indicator by Ehlers from his classic 'Cycle Analytics'? For MT4 preferably?

This is the EasyLanguage code snippet he provides in Chapter 7.

Code: Select all

{
    Modified Stochastic Indicator
    © 2013 John F. Ehlers
}
Inputs:
	Length(20);
Vars:
    alpha1(0),
    HP(0),
    a1(0),
    b1(0),
    c1(0),
    c2(0),
    c3(0),
    Filt(0),
    HighestC(0),
    LowestC(0),
    count(0),
    Stoc(0),
    MyStochastic(0);
//Highpass filter cyclic components whose periods are shorter than 48 bars
alpha1 = (Cosine(.707*360 / 48) + Sine (.707*360 / 48) - 1) / Cosine(.707*360 / 48);
HP = (1 - alpha1 / 2)*(1 - alpha1 / 2)*(Close - 2*Close[1] + Close[2]) + 2*(1 - alpha1)*HP[1] - (1 - alpha1)*(1 - alpha1)*HP[2];
//Smooth with a Super Smoother Filter from equation 3-3
a1 = expvalue(-1.414*3.14159 / 10);
b1 = 2*a1*Cosine(1.414*180 / 10);
c2 = b1;
c3 = -a1*a1;
c1 = 1 - c2 - c3;
Filt = c1*(HP + HP[1]) / 2 + c2*Filt[1] + c3*Filt[2];
HighestC = Filt;
LowestC = Filt;
For count = 0 to Length - 1 Begin
    If Filt[count] > HighestC then HighestC = Filt[count];
    If Filt[count] < LowestC then LowestC = Filt[count];
End;
Stoc = (Filt - LowestC) / (HighestC - LowestC);
MyStochastic = c1*(Stoc + Stoc[1]) / 2 + c2*MyStochastic[1] + c3*MyStochastic[2];
Plot1(MyStochastic);