Stochastic CG Oscillator (Center of Gravity)Stochastic CG Oscillator (Center of Gravity) script.
This indicator was originally developed by John F. Ehlers (see his book `Cybernetic Analysis for Stocks and Futures`, Chapter 8: `Stochasticization and Fisherization of Indicators`).
Centerofgravity
MTF Center of Gravity Grid [checkm8]Hello and welcome to my multi-timeframe center of gravity (COG) grid.
Center of gravity is a zero-lag oscillator created by John Ehlers and to get a better understanding of it, you can read his original works here: www.mesasoftware.com
My oscillator features a grid from four timeframes (selected by the user), to show the whether the center of gravity line is above or below its relative EMA. You can use this indicator as a tool to spot potential changes in the trend as they occur. In addition to this, the oscillator displays the COG line, with its relative EMA, on the current timeframe.
By default:
1) The fill between the COG and the EMA will be navy blue when the COG is dominant, and maroon when the EMA is dominant.
2) The grid will show fuchsia-colored blocks when the COG is above its relative EMA on the selected MTF timeframe, and orange when the COG is below the EMA.
If you have any questions, suggestions, or concerns, feel free to reach out.
Happy trading!
CG Oscillator (Center of Gravity)CG Oscillator indicator script. This indicator was originally developed by John Ehlers.
Center Of Gravity The indicator is based on moving averages. On the basis of these, the
"center" of the price is calculated, and price channels are also constructed,
which act as corridors for the asset quotations.
Strawberry Trends 🍓 (COG/Center of Gravity)A restyled Center of Gravity indicator to be used along with the Strawberry Trends (Cycles) script. Helps detect minor changes in trends, especially during pumps/dumps.
