Click here to Login








Simple Decycler

by QuantShare, 1287 days ago
Share |






The Simple Decycler is a study created by John Ehlers and presented in the
The idea behind this virtually zero-lagged trading indicator is that the market data can be considered as a continuum of cycle periods each one with a different cycle amplitude. Trending periods could be considered as segments of low-frequency segments.

With the right filter, we can identify these segments. By eliminating the price data from the high-pass filter output, we eliminate high-frequency components from the price and keep the low-frequency ones (trends).
Because the high-pass filters are almost lag-free, the simple decycler generates low-frequency components that has little to no lag.

In addition, with the simple decycler line, we also need to plot two lines that are 0.5% above and below it. These bands are called hysteresis band by John Ehlers and are used to help the trader identify the trend.
The interpretation is as follows: stocks that are trading above the upper hysteresis line are in an uptrend and, those below the lower line are in a downtrend. Stocks whose price is within the hysteresis band should be considered to be trend-neutral.

The hysteresis lines are plotted with the simple decycler code. All you have to do is add those lines to the chart's formula to plot the simple decycler technical indicator (Right click on the chart then select "Edit Formula"):

decycle= decycler(125);
plot(decycle, "Simple Decycler", colorRed);


Share This ->
Share |


You have to log in to bookmark this object
What is this?
Additional Information




Type: Trading Indicator

Object ID: 1660


Country:


Market:

Style:

Reviews
You must log in first

Join now
and get instant access for free to the trading software, the Sharing server and the Social network website.
Click here


Related objects
Show All
Mahesh Moving Average (by QuantShare, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 157 Notes Report an item
Candle Pattern Forecast (by Kyra Packens, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 43 Notes Report an item
Random Walk Index (by Brian Brown, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 12 Notes Report an item
Consolidation Breakout and Congestion Index (by Patrick Fonce, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 31 Notes Report an item
SafeZone Stop (by Brian Brown, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 65 Notes Report an item
System Quality Number Indicator (by Marcus Schöppl, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 23 Notes Report an item
Ehlers Decycler Oscillator (by QuantShare, uploaded several months ago)
No notes

Rate an item Rate an item Rate an item Rate an item Rate an item Number of downloads 21 Notes Report an item
Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object

Technical Analysis


Fundamental Analysis



Random Blog Posts

Optimizing the Strategy Equity Curve

Trading the Strategy Equity Curve

Create a HTML or PDF Report of your Trading System Backtesting Results

How to Display the Year-to-Date Excess Return in a Pivot Table

How to Create Your First Meta-Strategy

QuantShare Trading Software: New Features in the 3.4.1 Version

How to Scan for Parallel Resistance and Support Lines

QuantShare Trading Software: New Features in the 3.4.0 Version

Show All

Number of reviews
Click to add a review
Average rate
Click to rate this item
Number of times this object was downloaded
Number of rates the current object received
Report an object
if you can't run it for example or if it contains errors
Click to report this object






QuantShare
Product
QuantShare
Features
Create an account
Affiliate Program
Support
Contact Us
Trading Forum
How-to Lessons
Manual
Company
About Us
Privacy
Terms of Use

Copyright © 2019 QuantShare.com
Social Media
Follow us on Facebook
Twitter Follow us on Twitter
Google+
Follow us on Google+
RSS Trading Items



Trading financial instruments, including foreign exchange on margin, carries a high level of risk and is not suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in financial instruments or foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading and seek advice from an independent financial advisor if you have any doubts.