// Downloaded From https://www.WiseStockTrader.com _SECTION_BEGIN("SONGOKU DRAGON"); //Nonlinear Ehlers Filter //MODIFIED=SONGOKUDRAGON Price = (H+L)/2; MomLength = 10; PriceMomSum = 0; FiveMomSum = 0; FiveMom = abs(Price - Ref(Price, -5)); PriceMom = Price * FiveMom; for (i=0; i < MomLength; i++) { PriceMomSum = PriceMomSum + Ref(PriceMom, -i); FiveMomSum = FiveMomSum + Ref(FiveMom, -i); } NLEF = PriceMomSum / FiveMomSum; Buy= Close > NLEF; Sell= Close < NLEF; Buy=ExRem(Buy,Sell); Sell=ExRem(Sell,Buy); PlotShapes( shapeUpArrow* Buy , colorBrightGreen ,0); PlotShapes( shapeDownArrow* Sell, colorRed ,0); Plot(Close, "Close", colorWhite, styleThick); Plot(NLEF, "NonLinear Ehlers Filter", IIf(Close>NLEF, colorBrightGreen, colorRed), styleThick); GraphXSpace = 10; Filter = Buy OR Sell; Buy=ExRem(Buy,Sell); Sell=ExRem(Sell,Buy); AddTextColumn(FullName(),"Name"); AddColumn( Buy, "BUY" ); AddColumn( Sell, "SELL" ); _SECTION_END();