The Adaptive Stochastic Indicator V1 was created by John Ehlers (Rocket Science For Traders pgs 233-234) and this indicator uses the same calculations to find a cycle period that is then used for both the creation of the stochastic indicator but also for the smoothing to create a double smoothed stochastic indicator. Because it is calculated this way, this...
RSI with values 60-40 Displays a check when it crosses below 40 and an X when it is above 60 (Team DM System) Stochastic displays purchase / sale zones.
![AAPL: Ehlers Adaptive Stochastic Indicator V1 [CC]](https://s3.tradingview.com/n/NhB1HRnP_mid.png "Ehlers Adaptive Stochastic Indicator V1 [CC]")
