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CryptoVN - Double Sine Wave

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Oscillators Trend Analysis Moving Averages cuongitl cryptovn
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This is the Even Better Sinewave indicator with two cycle:
  • Cycle=9: to find out the signals entry/exit points and reversals.
  • Cycle=36: to be analyzed, tells us where the dominant cycle is heading.

The Even Better Sinewave indicator as described in the book Cycle Analysis for Traders by John F. Ehlers.
It uses a simple variant of the roofing filter and normalization to the short term power in the wave to provide unambiguous long and short indications.

Thanks to @Madrid for the example code.
Release Notes:
Upgrade code to version 3 to improve the signal.
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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.

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