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OPEN-SOURCE SCRIPT

Phase Calculation

By cheatcountry
Updated
Phase Calculation was authored by John F. Elders in the Stocks and Commodities Magazine 11/1996

This indicator will tell you if the stock is in a uptrend or downtrend. A phase number with a low number means it is in a uptrend and a phase number with a high number means it is in a downtrend.

Let me know if you want to see me write code for different indicators!
Release Notes
updated to match with my other indicators
Release Notes
fixed issue with default resolution
Release Notes
Updated to v5
Centered OscillatorsCyclesehlerehlersjohnjohnehlersOscillatorsphasephasessignalsignalsTrend Analysis

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 publication is governed by House rules. You can favorite it to use it on a chart.

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cheatcountry
I created the largest stock indicator library:
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