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Ehler's Trendflex Indicator
21 replies, 1343 viewings
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OmniTrader Professional Forum
OmniLanguage Discussion
Ehler's Trendflex Indicator
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Last Activity 8/30/2020 10:51 AM 21 replies, 1343 viewings |
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THOMAS HELGET Legend   Posts: 567 Joined: 3/22/2006 Location: BALDWINSVILLE, NEW YORK  User Profile |
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 - 106 downloads) | ||
| THOMAS HELGET Legend Posts: 567 Joined: 3/22/2006 Location: BALDWINSVILLE, NEW YORK User Profile |
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 [Edited by THOMAS HELGET on 1/23/2020 10:35 AM] Attached file : Ehlers Trendflex Indicator on OmniTrader.jpg (144KB - 774 downloads) Attached file : Trendflex Indicator.jpg (33KB - 768 downloads) Attached file : Excel Color Bands for Trendflex Zero Crossovers.jpg (44KB - 740 downloads) | ||
| Greg Legend  Posts: 310 Joined: 3/22/2006 Location: Mishawaka, IN 46544 User Profile |
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. | ||
| LSJ Veteran Posts: 177 Joined: 7/23/2012 Location: Citrus Springs, FL User Profile |
Thanks Tom. | ||
| Greg Legend Posts: 310 Joined: 3/22/2006 Location: Mishawaka, IN 46544 User Profile |
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| Greg Legend Posts: 310 Joined: 3/22/2006 Location: Mishawaka, IN 46544 User Profile |
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| Jim Dean Sage   Posts: 3309 Joined: 3/13/2006 Location: L'ville, GA User Profile |
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 - 97 downloads) | ||
| THOMAS HELGET Legend Posts: 567 Joined: 3/22/2006 Location: BALDWINSVILLE, NEW YORK User Profile |
Thanks, yes, I see. Tom Helget | ||
| mholstius Regular Posts: 63 Joined: 6/15/2011 User Profile |
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 | ||
| Jim Dean Sage Posts: 3309 Joined: 3/13/2006 Location: L'ville, GA User Profile |
In place of the dash, an underscore "_" could be used if desired :~) | ||
| Vinay Regular Posts: 63 Joined: 1/18/2012 Location: Planet Earth User Profile |
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| Mel Veteran Posts: 214 Joined: 3/18/2006 User Profile |
Attached file : reflex.zip (1KB - 93 downloads) | ||
| ap·pren·ticeGuru Veteran Posts: 107 Joined: 10/22/2010 Location: Columbia, MD User Profile |
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. | ||
| Mel Veteran Posts: 214 Joined: 3/18/2006 User Profile |
Mel Attached file : eReflexTrend.txt (2KB - 86 downloads) | ||
| ap·pren·ticeGuru Veteran Posts: 107 Joined: 10/22/2010 Location: Columbia, MD User Profile |
Cheers. | ||
| Kasper New User Posts: 3 Joined: 12/29/2014 Location: Earth User Profile |
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| 01439 Regular Posts: 63 Joined: 5/24/2006 User Profile |
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| THOMAS HELGET Legend Posts: 567 Joined: 3/22/2006 Location: BALDWINSVILLE, NEW YORK User Profile |
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 | ||
| ap·pren·ticeGuru Veteran Posts: 107 Joined: 10/22/2010 Location: Columbia, MD User Profile |
... 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. | ||
| Vinay Regular Posts: 63 Joined: 1/18/2012 Location: Planet Earth User Profile |
[Edited by Vinay on 4/18/2020 12:21 AM] | ||
| wolf Veteran Posts: 132 Joined: 4/21/2011 Location: Germany User Profile |
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 [Edited by wolf on 4/19/2020 12:51 AM] | ||
| JB Legend Posts: 429 Joined: 6/6/2006 User Profile |
JB |
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