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Ehlers Distance Coefficient Filter [CC]

The Distance Coefficient Filter was created by John Ehlers and this is one of his more unknown moving averages. It works well because in an uptrend or downtrend it behaves more like a trailing stop system but it also deals with issues like pullbacks pretty quickly. I think it works well with the default values but let me know if you find a more profitable system. Buy when the indicator turns green and sell when it turns red.

Let me know if there are any other indicators you would like to see me publish!
開源腳本

秉持真正的TradingView精神,該腳本的作者將其開源發佈,因此交易者可以理解和驗證它。為作者加油!您可以免費使用它,但是在發佈中重複使用此程式碼受網站規則的約束。您可以把它加入到常用以在圖表上使用它。

想在圖表上使用此腳本?

評論

Excellent! thank you so much
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cheatcountry drmch2020
@drmch2020, thank you
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Excellent. Thanks.
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cheatcountry VirtualJack
@VirtualJack, thank you
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Excellent work. Thank you! Can you tell me if you can make a Trend Changed alert both buy and sell?
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cheatcountry cazino555
@cazino555, I have the equivalent programmed for buy and sell signals using this indicator
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cazino555 cheatcountry
@cheatcountry, Can this indicator be made separately for a common buy and sell alert?

It will look something like this:

Buy Signal
Sell Signal
Buy Signal/Sell Signal

Is it possible to do so?
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cheatcountry cazino555
@cazino555, just send me a pm about this
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I would consider Low as a source for a stop for longs and High for shorts. I do it that way with a normal moving average.
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cheatcountry greenmask9
@greenmask9, that sounds like a great idea
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