idquantum

Ehlers Instantaneous Trend Line VS Kalman 1-dimensional filter

This indicator is showing difference between Ehlers Instantaneous Trend Line and Kalman 1-dimensional filter.

It is useful to see overbought and oversold areas of the chart.

I am using it on BTCUSD pair on 30, 45, 1H intervals.

I hope you will find it as useful as I do.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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