Fib Retracement Algo Description: This indicator has a series of steps that it takes before it finds possible retracement areas depending on the trend. The indicator itself is really simple to use. How does it work? This indicator uses the Hurst Exponent to verify whether or not the market is trending or not. It then determines the trend and then decides which...
Having a hard time deciding which wavelength to use for a Hurst analysis? Try a handful at once! SwamiCharts by John Ehlers offers a comprehensive way to visualize an indicator used over a range of lookback periods. The Spectral Analysis SwamiChart shows the bullish or bearish state of a spectrum of bandpasses over a user-defined range of wavelengths. The trader...
This is a Dominant Cycle Detection Oscillator that searches multiple ranges of wavelengths within a spectrum. Choose one of 4 different dominant cycle detection methods (MESA MAMA cycle, Pearson Autocorrelation, Discreet Fourier Transform, and Phase Accumulation) to determine the most dominant cycles and see the historical results. Straight lines can indicate a...
"It is a true fact that any given time history of any event (including the price history of a stock) can always be considered as reproducible to any desired degree of accuracy by the process of algebraically summing a particular series of sine waves. This is intuitively evident if you start with a number of sine waves of differing frequencies, amplitudes, and...
This is a fairly simple indicator for diamond notation of past hi/lo pivot points, a common method in Hurst analysis. The diamonds mark the troughs/peaks of each cycle. They are offset by their lookback and thus will not 'paint' until after they happen so anticipate accordingly. Practically, traders can use the average length of past pivot periods to forecast...
This indicator is used to measure the velocity of the cycle in question. It can be used to plot static and dynamic supports and resistances. For any bugs contact the creators
This tool is an oscillator that detects cycles. It is built on the basis of our centered moving averages. It is fully configurable in design moreover it is possible to set the centering through the offset ! Offset 2, half cycle centering. Offset 4, 1/4 cycle centering. Recommended setting : Offset 4 Cyclical ratio 2
This chart indicator is one of the most used cyclical analysis tools in the world! It is possible to set offsets and scales of the battleplan. Up to six sub-waves added together can be displayed. With this tool, only 2-times cycles can be displayed. For any bugs contact the creators
My first try to implement Full Hurst Exponent. The Hurst exponent is used as a measure of long-term memory of time series. It relates to the autocorrelations of the time series and the rate at which these decrease as the lag between pairs of values increases The Hurst exponent is referred to as the "index of dependence" or "index of long-range dependence". It...
This is a simplified version of the Hurst Exponent indicator. In the meantime, I'm working on the full version. It's computationally intensive, so it's a challenge to squeeze it to PineScript limits. It will require some time to optimize it, so I decided to publish a simplified version for now. The Hurst exponent is used as a measure of long-term memory of time...
Level: 2 Background John F. Ehlers introuced Hurst Coefficient Indicator in his "Cycle Analytics for Traders" chapter 6 on 2013. Function The Hurst coefficient is one way to attempt to get a handle on the slope of the power density of market data. The Hurst coefficient varies between 0 and 1, and is related to the α power coefficient as H = 1 − α/2. The Hurst...
This script follows the fundamentals described in J.M. Hurst works. Constant Envelope is updated version of EMA with its 2 copies drawn with nominal distance from the base. That make a constant width channels, unlike the standard envelope using the % concept. Its width is not changed at different price levels.
The Hurst Coefficient was created by John Ehlers (Cycle Analytics For Traders pgs 67-68) and this is a very useful indicator to tell you if the stock is in a uptrend or downtrend. Feel free to change the length to experiment and to adjust to your needs. Buy when the indicator line is green and sell when it is red. Let me know if there are other indicators you...
This is an aproximation on Tradingview of the Hurst Exponent. Its quite computational expensive, so it has been simplify and sample size reduced. If any has an idea on how to create the real Hurst Exponent here, Ill be happy to hear and help.
A great deal has been written about trend trading, simply because it’s a profitable trading technique, that simply works. The MoTrend indicator displays trending, momentum and stiffness to the trader guiding them to potential trend trading opportunities. MoTrend also contains a very sophisticated exit strategy, allowing the trader to ride the trend to its most...
The Genie Cycles indicator contains two primary components. The first generates the primary turning-point Entry/Exit signals based on a hybrid algorithms that utilize multiple moving filters and oscillators, all working in concert. The second is our version of Hurst Cycles allowing the trader to view the harmonic convergence of short and long cycles. The...
A %B of lazy bears Hurst Cycle Channel Clone Remember to thank him for his great scripts. With this you can easily see when the close is above,below or in the short or medium cycle channel.
Experiment in using a Laguerre filter on Hurst Cycle Channels. Default settings may not be a good price fit! Increasing the gamma value increases the degree of smoothing from the laguerre filter :