mrtools wrote: Mon Jan 15, 2024 3:10 pm Ehlers Elegant Oscillator using Trend Strength calculation

This is Ehlers Elegant Oscillator using a trend strength calculation, not really sure how useful it is yet though, but maybe worth testing.

What is the Trend Strength algorithm?

Mladen's "Trend Strength" algorithm is used to determine certain changes within an oscillator's reading and plotted and colored behind the main indicator's line as a secondary filter to help distinguish and plot entry points.

In most cases, the "trend strength" is calculated using a smoothed RSI but can be coded to be based off the primary indicator's readings.

RodrigoRT7 wrote: Thu Jan 18, 2024 12:24 pm You can clearly see that the indicator is really cool! Could you include the MTF and of course the Reg MAs (kkkk) please, Mr Tools?

Ehlers plus Reg Ma = big one

mrtools wrote: Thu Jan 18, 2024 3:29 pm Added mtf and the regularized ma's.

kvak wrote: Sun Dec 24, 2023 8:39 am Maybe before Mrtools makes his version, you may test this version.
I was tempted to do it
Marry Christmas to you,...
Marry Christmas to all.....

RodrigoRT7 wrote: Mon Jan 22, 2024 10:58 am Hi Kvak, how are you? Can I suggest one more change to this indicator?

Can you include the beloved reg ma + lambda in it?

he has a super good % on us500.

big tks!!!

kvak wrote: Tue Jan 23, 2024 2:28 am I update code with regularized MAs with lambda coeff. Also updated price option.

kvak wrote: Tue Jan 23, 2024 2:28 am I update code with regularized MAs with lambda coeff. Also updated price option.

太虚一毫 wrote: Tue Jan 23, 2024 3:07 am Looking forward to the teacher adding BT. The merit is immeasurable!