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!
Skript med en öppen källkod

I sann TradingView-anda har författaren till detta skript publicerat det som öppen källkod, så att handlare kan förstå och verifiera det. Skål för författaren! Du kan använda den gratis men återanvändning av den här koden i en publikation regleras av våra Ordningsregler. Du kan göra den till favorit för att använda den i ett diagram.

Vill du använda det här skriptet i ett diagram?


Excellent! thank you so much
cheatcountry drmch2020
@drmch2020, thank you
Excellent. Thanks.
cheatcountry VirtualJack
@VirtualJack, thank you
Excellent work. Thank you! Can you tell me if you can make a Trend Changed alert both buy and sell?
cheatcountry cazino555
@cazino555, I have the equivalent programmed for buy and sell signals using this indicator
+1 Svara
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?
cheatcountry cazino555
@cazino555, just send me a pm about this
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.
cheatcountry greenmask9
@greenmask9, that sounds like a great idea