This script implements the Cybernetic Oscillator introduced by John F. Ehlers in his article "The Cybernetic Oscillator For More Flexibility, Making A Better Oscillator" from the June 2025 edition of the TASC Traders' Tips. It cascades two-pole highpass and lowpass filters, then scales the result by its root mean square (RMS) to create a flexible normalized oscillator that responds to a customizable frequency range for different trading styles.
Code: Select all
https://www.tradingview.com/script/QwMaFZTL-TASC-2025-06-Cybernetic-Oscillator/Released date: May 14, 2025
Watch out for the divergences.
For MT5 version, please go here:
post1295565636.html#p1295565636
