OPEN-SOURCE SCRIPT
MESA Phase [SHK]
Updated
MESA Phase (By John Ehlers) is a cyclic indicator that predicts market short-term and mid-term movements. It would give you clear divergence signals or you can use it as a price reversal detection indicator.
Please share us any tricks or new useful methods that you determined by using this indicator.
Please share us any tricks or new useful methods that you determined by using this indicator.
Release Notes
"Horizontal Line" Bug fixed.Release Notes
- Source price modified.
- Offset added to get more accurate divergence points.
Release Notes
- Bug fixes.
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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