Bored of Ehlers yet? :) I still have plenty of Ehlers in my collection, was thinking of publishing one of his Fishers or Adaptive RVI next, but @ChartArt requested Smoothed Adaptive Momentum (SAM), so here we go...
This is my 200th script (not including the variations and other custom scripts I shared over PM). My complete list of indicators here - bit.ly/1LQaPK8.
Now, about the indicator :)
This smoothed adaptive momentum is straightforward to use (per Ehlers original rules). If it crosses above zero buy the next open, if it crosses below zero sell the next open. Of course, I strongly suggest filtering the signals.
Finally, here's an Ehlers-only chart to help determine where BTC is heading :P
More info:
- Ehlers CG Oscillator: - Cybernetic Analysis for Stocks and Futures (Ehlers)
List of my public indicators: bit.ly/1LQaPK8
List of my app-store indicators: blog.tradingview.com/?p=970
--Updated chart--
Here's the chart with barcolors ON (forgot to turn it on in the published one)
This is my 200th script (not including the variations and other custom scripts I shared over PM). My complete list of indicators here - bit.ly/1LQaPK8.
Now, about the indicator :)
This smoothed adaptive momentum is straightforward to use (per Ehlers original rules). If it crosses above zero buy the next open, if it crosses below zero sell the next open. Of course, I strongly suggest filtering the signals.
Finally, here's an Ehlers-only chart to help determine where BTC is heading :P
More info:
- Ehlers CG Oscillator: - Cybernetic Analysis for Stocks and Futures (Ehlers)
List of my public indicators: bit.ly/1LQaPK8
List of my app-store indicators: blog.tradingview.com/?p=970
--Updated chart--
Here's the chart with barcolors ON (forgot to turn it on in the published one)
List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
List of my indicators at Appstore: blog.tradingview.com/?p=970
// // @author LazyBear // // List of my public indicators: http://bit.ly/1LQaPK8 // List of my app-store indicators: http://blog.tradingview.com/?p=970 // study("Ehlers Smoothed Adaptive Momentum [LazyBear]", shorttitle="ESAM_LB", overlay=false, precision=3) src=input(hl2, title="Source") a=input(.07, title="Alpha") co=input(8.0, title="Cutoff") pi=4*atan(1.0), dtr=pi/180.0, rtd=1/dtr s = (src + 2*src[1] + 2*src[2] + src[3])/6.0 c = nz(((1 - 0.5*a)*(1 - 0.5*a)*(s - 2*nz(s[1]) + nz(s[2])) + 2*(1-a)*nz(c[1]) - (1 - a)*(1-a)*nz(c[2])), (src - 2*src[1] + src[2])/4.0) q1 = (.0962*c + 0.5769*nz(c[2]) - 0.5769*nz(c[4]) - .0962*nz(c[6]))*(0.5+.08*nz(ip[1])) I1 = nz(c[3]) dp_ = iff(q1 != 0 and q1[1] != 0, (I1/q1 - nz(I1[1])/nz(q1[1])) / (1 + I1*nz(I1[1])/(q1*nz(q1[1]))),0) dp = iff(dp_ < 0.1, 0.1, iff(dp_ > 1.1, 1.1, dp_)) med(x,y,z) => (x+y+z) - min(x,min(y,z)) - max(x,max(y,z)) md = med(dp,dp[1], med(dp[2], dp[3], dp[4])) //dc = iff(md == 0, 15, 6.28318 / md + 0.5) dc = iff(md == 0, 15, 2*pi / md + 0.5) ip = .33*dc + .67*nz(ip[1]) p = .15*ip + .85*nz(p[1]) pr=round(abs(p-1)) vx0=0 vx1=pr==1?(src - src[1]):vx0 vx2=pr==2?(src - src[2]):vx1 vx3=pr==3?(src - src[3]):vx2 vx4=pr==4?(src - src[4]):vx3 vx5=pr==5?(src - src[5]):vx4 vx6=pr==6?(src - src[6]):vx5 vx7=pr==7?(src - src[7]):vx6 vx8=pr==8?(src - src[8]):vx7 vx9=pr==9?(src - src[9]):vx8 vx10=pr==10?(src - src[10]):vx9 vx11=pr==11?(src - src[11]):vx10 vx12=pr==12?(src - src[12]):vx11 vx13=pr==13?(src - src[13]):vx12 vx14=pr==14?(src - src[14]):vx13 vx15=pr==15?(src - src[15]):vx14 vx16=pr==16?(src - src[16]):vx15 vx17=pr==17?(src - src[17]):vx16 vx18=pr==18?(src - src[18]):vx17 vx19=pr==19?(src - src[19]):vx18 vx20=pr==20?(src - src[20]):vx19 vx21=pr==21?(src - src[21]):vx20 vx22=pr==22?(src - src[22]):vx21 vx23=pr==23?(src - src[23]):vx22 vx24=pr==24?(src - src[24]):vx23 vx25=pr==25?(src - src[25]):vx24 vx26=pr==26?(src - src[26]):vx25 vx27=pr==27?(src - src[27]):vx26 vx28=pr==28?(src - src[28]):vx27 vx29=pr==29?(src - src[29]):vx28 vx30=pr==30?(src - src[30]):vx29 vx31=pr==31?(src - src[31]):vx30 vx32=pr==32?(src - src[32]):vx31 vx33=pr==33?(src - src[33]):vx32 vx34=pr==34?(src - src[34]):vx33 vx35=pr==35?(src - src[35]):vx34 vx36=pr==36?(src - src[36]):vx35 vx37=pr==37?(src - src[37]):vx36 vx38=pr==38?(src - src[38]):vx37 vx39=pr==39?(src - src[39]):vx38 vx40=pr==40?(src - src[40]):vx39 vx41=pr==41?(src - src[41]):vx40 vx42=pr==42?(src - src[42]):vx41 vx43=pr==43?(src - src[43]):vx42 vx44=pr==44?(src - src[44]):vx43 vx45=pr==45?(src - src[45]):vx44 vx46=pr==46?(src - src[46]):vx45 vx47=pr==47?(src - src[47]):vx46 vx48=pr==48?(src - src[48]):vx47 vx49=pr==49?(src - src[49]):vx48 vx50=pr==50?(src - src[50]):vx49 vx51=pr==51?(src - src[51]):vx50 vx52=pr==52?(src - src[52]):vx51 vx53=pr==53?(src - src[53]):vx52 vx54=pr==54?(src - src[54]):vx53 vx55=pr==55?(src - src[55]):vx54 vx56=pr==56?(src - src[56]):vx55 vx57=pr==57?(src - src[57]):vx56 vx58=pr==58?(src - src[58]):vx57 vx59=pr==59?(src - src[59]):vx58 vx60=pr==60?(src - src[60]):vx59 vx61=pr==61?(src - src[61]):vx60 vx62=pr==62?(src - src[62]):vx61 vx63=pr==63?(src - src[63]):vx62 vx64=pr==64?(src - src[64]):vx63 vx65=pr==65?(src - src[65]):vx64 vx66=pr==66?(src - src[66]):vx65 vx67=pr==67?(src - src[67]):vx66 vx68=pr==68?(src - src[68]):vx67 vx69=pr==69?(src - src[69]):vx68 vx70=pr==70?(src - src[70]):vx69 vx71=pr==71?(src - src[71]):vx70 vx72=pr==72?(src - src[72]):vx71 vx73=pr==73?(src - src[73]):vx72 vx74=pr==74?(src - src[74]):vx73 vx75=pr==75?(src - src[75]):vx74 v1=vx75 a1=exp(-pi/co) b1=2.0*a1*cos((1.738*180/co)*dtr) c1=a1*a1 coef2=b1+c1 coef3= -(c1+b1*c1) coef4=c1*c1 coef1=1-coef2-coef3-coef4 f3=nz(coef1*v1+coef2*nz(f3[1])+coef3*nz(f3[2])+coef4*nz(f3[3]), v1) ml=plot(0, color=gray, title="ZeroLine") pl=plot(f3>0?f3:0,title="DummyP",color=gray, linewidth=0, style=circles) nl=plot(f3<0?f3:0,title="DummyN",color=gray, linewidth=0, style=circles) plot(f3, title="Ehlers SAMI", color=black, linewidth=2) fill(pl, ml, green, title="PositiveFill", transp=70), fill(nl, ml, red, title="NegativeFill", transp=70) ebc=input(false, title="Enable bar colors") bc=ebc?(f3>0?f3>nz(f3[1])?lime:green:f3<f3[1]?red:orange):na barcolor(bc)