OPEN-SOURCE SCRIPT

reverse EMA Osc - John Ehlers

7 181
This an universal oscillator with features such as minimum lag and a single-input parameter that lets it highlight cycle, momentum, and trend components.

It is based on reverse impulse response filter technique applied to EMA.

Color style borrowed from Awesome Oscillator, between one can notice a better lag response with this indicator.

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.