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Ehlers Correlation Angle Indicator

The Correlation Angle Indicator was created by John Ehlers (Stocks & Commodities V. 38:06 (8–15)) and this is technically three indicators in one so I'm splitting each one to a separate script. This particular indicator was designed for trend termination and simply buy when it is green and sell when it turns red.

Let me know if you would like to see me publish other scripts or if you want something custom done!
Catatan Rilis: removed state to be used in a separate indicator
Catatan Rilis: updated to make it consistent with my other indicators
Hilangkan dari Skrip-Skrip Favorit Tambahkan ke Skrip-Skrip Favorit

Komentar

I haven't read the article by Mr Ehlers, but visually it looks to useful only for bullish trades. Thanks a lot for it, I'm looking forward to the other new ones.
Jawab
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