new John Ehlers indicator Forward Reverse EMA

• 06/29/2017 at 9:36 AM #39357
  zilliq

  It’s suite, so it would work (As Jsmooth and so on)

  coef is good

  I will think about it but actually I don’t see what is wrong

  

  zilliq

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  06/29/2017 at 12:28 PM #39383
  Francesco78

  ok, as promised, I found at least 1 strategy who works with the indicator under discussion.

  its on eurchf 30 min. Here is the code, I just started to work on that, so it is a bit rough.

  Nicolas, I attached a new version of the indicator as discussed, I added the nice graphical version provided by Ale,   then  mean, and bollinger band.

  Thanks

  Francesco

  

  Francesco78

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  06/29/2017 at 2:23 PM #39409
  Nicolas

  Thanks Francesco, but you should have used a longer period to compute the mean and its deviation IMO, I haven’t opened your code already but did you try to optimize these values?

  

  Nicolas

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  06/29/2017 at 2:35 PM #39410
  Francesco78

  i have used the 20 period for mean and stdev. the 2 that you see in the picture is how many standard deviations the indicator is taking to define the bollinger bar.

  yes in the strategy I have optimized the parameter number of stdev but not the period of the moving average

   

  

  Francesco78

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  08/20/2017 at 7:45 PM #44261
  PNSK

  Can someone provide the code for ReverseEMA in thinkscript for me please

   

  Thanks

  

  PNSK

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  09/09/2017 at 11:48 AM #45835
  cowbearar

  Nicolas wrote:

  Just like an MACD, who cares? There is a “zero” level, but I understand your concern .. how to use it effectively? Maybe the answers are in the Ehlers’ interview?

  Yes, It like a MACD with fast setting and smoothed.

  You can simple place REVERSE EMA with macd ( 9, 17, 4) together in subchart to compare.

  Nearly overlap in most of the time.

  When comparing with standard macd, you can take the Cross over as swing signal to do.

  

  cowbearar

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  12/13/2017 at 8:36 PM #55605
  Patrik Borg

  Hi,

  I listen to the podcast on this one, (bettersystemtrader), and found it interesting. But they never talked about how to trade this indicator. I made a scanner for this one, looking for share that moves from negative to positive. But I can’t say that that gave me anything, very bad result trying to paper trade long in those scenarios…. :-/

  Anyone here have an suggestions on how to trade this indicator?

  //P

  

  Patrik Borg

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  01/18/2019 at 10:52 PM #89085
  rigel

  The indicator was presented here Sep 2017

  http://traders.com/Documentation/FEEDbk_docs/2017/09/TradersTips.html

  Cheers

  

  rigel

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  01/18/2019 at 11:14 PM #89086
  rigel

  PNSK

  You can find it here:

  https://www.reddit.com/r/wallstreetbets/comments/6l2w9t/another_tos_script_john_ehlers_forward_and/

   

   

  

  rigel

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