cheatcountry

Ehlers Squelch Indicator [CC]

The Squelch Indicator was created by John Ehlers (Stocks & Commodities V. 18:9 (42-46)) and this indicator is a variation of his Market Mode Indicator and its purpose is the same as in it determines if the market is trending or in a choppy market. If this indicator is at the 1 level then this means the market is trending and if it is at 0 then the market is choppy. I would recommend to adjust the squelch variable to find a setting that works well for you. If you want to avoid more choppy markets then adjust the squelch variable to a lower amount and vice versa. I have included basic buy and sell signals so buy when the line 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

本著真正的TradingView精神,該腳本的作者將其開源發布,以便交易者可以理解和驗證它。為作者喝彩!您可以免費使用它,但在出版物中重複使用此代碼受網站規則的約束。 您可以收藏它以在圖表上使用。

想在圖表上使用此腳本?