PROTECTED SOURCE SCRIPT
stelaraX - Ehlers Instantaneous Trendline
stelaraX – Ehlers Instantaneous Trendline
stelaraX – Ehlers Instantaneous Trendline is an advanced trend indicator developed to identify trend direction with minimal lag. Based on digital signal processing concepts, it adapts quickly to price changes while remaining smooth and stable, making it suitable for precise trend analysis.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
The Ehlers Instantaneous Trendline (IT) applies a recursive filter to price data using a user-defined alpha parameter. This approach emphasizes responsiveness while maintaining smoothing properties.
Key principles:
* the alpha parameter controls responsiveness versus smoothness
* the recursive calculation reduces lag compared to classical moving averages
* the Instantaneous Trendline represents the dominant price trend
* a trigger line is derived to highlight momentum shifts
* crossovers between IT and trigger indicate potential trend changes
This structure allows early detection of trend transitions with reduced delay.
Visualization
The script plots:
* the Instantaneous Trendline directly on the price chart
* a trigger line for trend change confirmation
* individually configurable colors for both lines
* clean line rendering for precise visual interpretation
The dual-line setup provides clear insight into trend direction and momentum alignment.
Use case
This indicator is intended for:
* identifying trend direction with minimal lag
* detecting early trend changes
* confirming momentum shifts via trigger crossovers
* filtering entries in trend-following strategies
* supporting advanced and AI-assisted market analysis
It is especially effective in fast-moving markets and when combined with price structure or momentum filters.
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
stelaraX – Ehlers Instantaneous Trendline is an advanced trend indicator developed to identify trend direction with minimal lag. Based on digital signal processing concepts, it adapts quickly to price changes while remaining smooth and stable, making it suitable for precise trend analysis.
This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation
stelarax.com
Core logic
The Ehlers Instantaneous Trendline (IT) applies a recursive filter to price data using a user-defined alpha parameter. This approach emphasizes responsiveness while maintaining smoothing properties.
Key principles:
* the alpha parameter controls responsiveness versus smoothness
* the recursive calculation reduces lag compared to classical moving averages
* the Instantaneous Trendline represents the dominant price trend
* a trigger line is derived to highlight momentum shifts
* crossovers between IT and trigger indicate potential trend changes
This structure allows early detection of trend transitions with reduced delay.
Visualization
The script plots:
* the Instantaneous Trendline directly on the price chart
* a trigger line for trend change confirmation
* individually configurable colors for both lines
* clean line rendering for precise visual interpretation
The dual-line setup provides clear insight into trend direction and momentum alignment.
Use case
This indicator is intended for:
* identifying trend direction with minimal lag
* detecting early trend changes
* confirming momentum shifts via trigger crossovers
* filtering entries in trend-following strategies
* supporting advanced and AI-assisted market analysis
It is especially effective in fast-moving markets and when combined with price structure or momentum filters.
Disclaimer
This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.