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THOMAS HELGET
Posts: 610
Joined: 3/22/2006
Location: BALDWINSVILLE, NEW YORK
 User Profile |
Fellow OT Enthusiasts:
Attached please find John F. Ehler's Trendflex Indicator as described in the February, 2020 issue of "Technical Analysis of Stocks & Commodities" in his article "Reflex: A New Zero-Lag Indicator" on pages 6 -8 and 21.
It is suggested in the Microsoft Excel commentary in the Traders' Tips section on p. 53 of that issue that "the Trendflex indicator seems better at recognizing enduring trends". The author also suggests that crossover points at zero might be useful as trading signals.
Give it a try on your favorite instruments - I think you will like it.
Tom Helget
 Attached file : indTrendflex.txt (1KB - 383 downloads)
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THOMAS HELGET
Posts: 610
Joined: 3/22/2006
Location: BALDWINSVILLE, NEW YORK
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Fellow OT Enthusiasts:
It was late last evening when I finally finished coding and posting the Ehlers Trendflex Indicator.
So here is how it looks on OmniTrader using Color Charts to show zero crossovers:
Here is how it looked in the article for comparison:
And here it is color-coded in the Traders Tips Excel area:
I think you would agree that it keeps you on the right side of the trend.
Tom Helget
Attached file : Ehlers Trendflex Indicator on OmniTrader.jpg (144KB - 1571 downloads)
Attached file : Trendflex Indicator.jpg (33KB - 1607 downloads)
Attached file : Excel Color Bands for Trendflex Zero Crossovers.jpg (44KB - 1635 downloads)
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Greg
Posts: 337
Joined: 3/22/2006
Location: Mishawaka, IN 46544
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Tom, I got this message on compile any thoughts? I assume it compiled for you...
C:\Program Files (x86)\Nirvana\OT2020\VBA\Temp\TrendFlex.txt(111) : error BC30068: Expression is a value and therefore cannot be the target of an assignment.
Trendflex(Bar) = (Summ(Bar) / SquareRoot(MS)(Bar))
~~~~~~~~~~~~~~
C:\Program Files (x86)\Nirvana\OT2020\VBA\Temp\TrendFlex.txt(113) : error BC30311: Value of type '1-dimensional array of Single' cannot be converted to 'Single'.
Call _Plot(Bar, "Trendflex", Trendflex(Bar))
~~~~~~~~~~~~~~
Compiler return value: 1
Build failed.
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LSJ
Posts: 190
Joined: 7/23/2012
Location: Citrus Springs, FL
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FYI, I just installed and compiled the indicator and it is fine. I did a cut and paste from the text file Tom provided.
Thanks Tom.
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Greg
Posts: 337
Joined: 3/22/2006
Location: Mishawaka, IN 46544
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thanks I will try again
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Greg
Posts: 337
Joined: 3/22/2006
Location: Mishawaka, IN 46544
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Success
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Jim Dean
Posts: 3433
Joined: 3/13/2006
Location: L'ville, GA
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Hi, Tom
Thanks for posting this. Please see attached file, which has some small If/Then tweaks related to bar-lookbacks. No change to actual formulae.
Attached file : indTrendflex-JDD.txt (1KB - 390 downloads)
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THOMAS HELGET
Posts: 610
Joined: 3/22/2006
Location: BALDWINSVILLE, NEW YORK
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Jim:
Thanks, yes, I see.
Tom Helget
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mholstius
Posts: 76
Joined: 6/15/2011
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Thanks for all your work - and especially for sharing this Tom.
Sure makes it easier when we work together...
BTW: thanks for the update, too, Jim.
However, I wanted to let folks know that (at least with OT2020 2D), the file name with the dash in it won't compile.
Just remove the dash in the file name and it works great.
Hope it's a good weekend coming up for everyone,
Mark
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Jim Dean
Posts: 3433
Joined: 3/13/2006
Location: L'ville, GA
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Good catch, Mark ... sorry about that. I just edited it in NotePad and hadn't actually compiled it.
In place of the dash, an underscore "_" could be used if desired :~)
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Vinay
Posts: 70
Joined: 1/18/2012
Location: Planet Earth
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Jim...I think underscore in the file name is also not allowed.
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Mel
Posts: 235
Joined: 3/18/2006
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Ehlers has a habit of coding indicator with little loops, which I think are confusing and slower. Here are Ehlers' trendflex and reflex indicators with looping removed, and plotted in a style I find more useful.
Attached file : reflex.zip (1KB - 341 downloads)
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ap·pren·ticeGuru
Posts: 123
Joined: 10/22/2010
Location: Columbia, MD
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Hi All,
Thanks for sharing the codes. Is there a way both Reflex and Trendflex can be combined to plot into one indicator.
It'd be nice to see both plots of Reflex as the cycle component showing major reversals, while Trendflex shown as the trend component from the same indicator pane.
Thanks.
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Mel
Posts: 235
Joined: 3/18/2006
User Profile |
I have combine the two indicators in this code
Mel
Attached file : eReflexTrend.txt (2KB - 365 downloads)
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ap·pren·ticeGuru
Posts: 123
Joined: 10/22/2010
Location: Columbia, MD
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Ohhh wow, thank you soooo much, Mel.
Cheers.
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Kasper
Posts: 6
Joined: 12/29/2014
Location: USA
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Wow this is great. Thanks to all!
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01439
Posts: 63
Joined: 5/24/2006
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Thank You Thomas. I wish Nirvana would post code from TASC like they did in the early years.
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THOMAS HELGET
Posts: 610
Joined: 3/22/2006
Location: BALDWINSVILLE, NEW YORK
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01439:
Me too. Me too.
It sure would save me a lot of time and increase the credibility of Nirvana Systems to the trading world.
Tom Helget
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ap·pren·ticeGuru
Posts: 123
Joined: 10/22/2010
Location: Columbia, MD
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... more viewership, audience, and free marketing to the world ... and the code pops up in google search results. Nice bang for no bucks -:), unless N has to pay to insert the code for each publication... TASC may count possibly as an Ad-display.
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Vinay
Posts: 70
Joined: 1/18/2012
Location: Planet Earth
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It was Jeremy Williams who used to post code in TASC. After his departure couple of years ago no one has come to step into his shoes.
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wolf
Posts: 135
Joined: 4/21/2011
Location: Germany
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Thank you to Thomas and Mel for sharing the coding.
I support as well the postings by several forum members reflecting the free publishing of TASC codes by Nirvana for indicators/strategies published by TASC as done in the past by Jeremy Williams
Wolfgang
P.S: I wish all to stay fit an well and not to become infected seriously by corona
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JB
Posts: 434
Joined: 6/6/2006
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Hi folks Thanks for posting this to all involved I have copied Mels dual indicator over and it looks terrific. Has any one tried running this up against $Tick could be interesting.
JB
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Kasper
Posts: 6
Joined: 12/29/2014
Location: USA
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Hi Thomas, thank you for this. Can you help us out with the color coding of the chart (background colors red/green) - how?
Kasper
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THOMAS HELGET
Posts: 610
Joined: 3/22/2006
Location: BALDWINSVILLE, NEW YORK
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Kasper:
Sure, no problem.
Attached is the Chart Template I show way above in this thread.
Just download it and copy it into your OT2021 ChartTemplates Folder and then start OT up and select it as your active template on your price chart.
Tom Helget
Attached file : Trendflex.otd (168KB - 203 downloads)
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Kasper
Posts: 6
Joined: 12/29/2014
Location: USA
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Thank you Thomas, this is such a great indicator/system.
Cheers,
Kasper
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