PROTECTED SOURCE SCRIPT
RVL Unreal Edge (concept build)
Designed with a purpose, this script was intended for use by bots automating trading of XLM using a 6hr timeframe.
However the script has turned out to be a fantastic indicator on its own, and much of the power behind it is derived from John Ehler's incredible CG oscillator.
John Ehler was an electrical engineer, a Raytheon employee who began trading in the 1970's. He is best known for his work creating super-smoothing algorithms and methods of analysing cycle length and behaviour in price action, and his work in the field of zero-lag indicators - indicators that don't follow the price action, but are in fact capable of leading it actionably, and responding with essentially zero lag.
By approaching the price action as a sine wave with demonstrably a fractal nature, Ehler's makes a number of important advancements. His CG indicator is derived from calculations typically used to derive the centre of gravity in a physical object. It effectively works as a band-pass filter and is possibly one of the very best leading indicators avaliable.
However the script has turned out to be a fantastic indicator on its own, and much of the power behind it is derived from John Ehler's incredible CG oscillator.
John Ehler was an electrical engineer, a Raytheon employee who began trading in the 1970's. He is best known for his work creating super-smoothing algorithms and methods of analysing cycle length and behaviour in price action, and his work in the field of zero-lag indicators - indicators that don't follow the price action, but are in fact capable of leading it actionably, and responding with essentially zero lag.
By approaching the price action as a sine wave with demonstrably a fractal nature, Ehler's makes a number of important advancements. His CG indicator is derived from calculations typically used to derive the centre of gravity in a physical object. It effectively works as a band-pass filter and is possibly one of the very best leading indicators avaliable.
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.