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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.
MT4 converter: Banzai
Released date: May 14, 2025
Watch out for the divergences.
