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Ehlers Dominant Cycle Tuned Bypass Filter [CC]

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The Dominant Cycle Tuned Bypass Filter was created by John Ehlers (Stocks & Commodities V. 26:3 (16-22)) and this is a particularly unique indicator because this does a pretty good job at predicting the future stock movements. If the blue line crosses over the red then a few bars from now the stock price will most likely go up and if the blue line crosses below the red then a few bars from now the stock price should go down. Since this is such a unique indicator to use with entry and exit points, I don't have them color coded but try this out and let me know what you think.

This was a special request so let me know what other scripts you would like to see me publish or if you want anything custom done!

Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.
發布通知: removed short title to make it less confusing
發布通知: fixed issue with default resolution

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