Ehlers Correlation Cycle Indicator

The Correlation Cycle Indicator was created by John Ehlers (Stocks & Commodities V. 38:06 (8–15)) and this is technically part of three indicators in one so I'm splitting each one to a separate script. This particular indicator was designed for trend direction and trend strength and simply buy when it is green and sell when it turns red. Also keep in mind that the higher the indicator is above the signal then the stronger the trend and when they are close together, conditions get choppy.

Let me know if you would like to see me publish other scripts or if you want something custom done!

Notas de prensa:

changing my code to make it uniform with everything else

Notas de prensa:

updated to make it consistent with my other indicators

Notas de prensa:

fixed issue with default resolution