The flag is inspired by John Ehlers in his article "Using The Fisher Transform" published in 2002 in the journal "Technical Analysis Of Stock & Commodities"
The theory of adaptive indicators was developed by John F. Ehlers in the books "Rocket Science for Traders "and" Cybernetic Analysis for Stock and Futures ".
The adaptive indicators convert an analytical signal into a complex signal composed of two elements using the Hilbert transform
indicator Adaptive CG Oscillator is identical to Oscillator indicator CG (Center of Gravity Oscillator) but uses dynamic periods in its calculation, enabling it to automatically adapt to any market conditions.
Contains:
AdaptiveCGOscillator.mq5
CyclePeriod.mq5
Interpretation Signals And Rules Of Trading
- Buy signal
. If the center of gravity lines Adaptive CG Oscillator crosses down the oversold level and then passes again on the rise this level - Trend bullish
. The line crosses Adaptive CG Oscillator rising level 0 - Trend bullish
. Line Adaptive CG Oscillator crosses upward the signal line and the reading of the indicator is below the overbought level - Trend bullish
. Divergence bullish: the price is down (again above lower) and Adaptive CG Oscillator up indicator (new higher low) .A correction to the price increase is expected - Trend bullish
- sell signal
. If one of the lines Adaptive CG Oscillator crosses upwards the overbought level and then passes back to lower that level - trend bearish
. Line Adaptive CG Oscillator crosses down level 0 - Trend bearish
. Adaptive CG Oscillator line crosses down the signal line and the reading of the indicator is higher in oversold - Trend bearish
. Divergence bearish: the price is rising (new higher low) and Adaptive CG Oscillator indicator down (again above lower) .A downward correction of prices is expected - Trend bearish
Learn more about rules and trading signals:
Stock Trader - CG Oscillator
Analysis trading
Trade Example
Exchange
Currency Forex - Cross EUR / USD
Time Frame: 15 Minutes - M15
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