OPEN-SOURCE SCRIPT
Instantaneous Trend [Ehlers]
A low lag, trend follower for higher timeframes.
This works great as a tool to filter trades from oscillators or to provide a general trend direction.
You can also trade off the color changes, though I must recommend using timeframes higher than 1H.
-DasanC
This works great as a tool to filter trades from oscillators or to provide a general trend direction.
You can also trade off the color changes, though I must recommend using timeframes higher than 1H.
-DasanC
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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