Market Mode

v10.3
Market Mode

The Market Mode indicator seeks to identify trends and rebounds by identifying “phases” according to the principles of John Ehlers.

  • When the oscillator passes above the top line, the market is in an uptrend.
  • When the oscillator goes below the bottom line, the market is in a downtrend.
  • Between these two levels, the market is calmer and could rebound in the direction of the initial trend and / or phase of trend change.

 

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Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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  1. Genotik • 12/29/2017 #

    Très intéressant, merci beaucoup !

  2. ALE • 12/29/2017 #

    Thanks Nicolas!

  3. primo1 • 12/29/2017 #

    merci beaucoup!!!!

  4. Yannick • 12/29/2017 #

    merci, interessant, une idĂ©e comment Ă©laborer une stratĂ©gie d’après cet indicateur?

  5. Marcel • 12/29/2017 #

    Would be nice if the idicator can be adjusted for the 4 phases of Stan Weinstein.

    • Nicolas • 12/29/2017 #

      Sure, but it has absolutely nothing to deal with…

  6. macbartin • 12/29/2017 #

    merci, possible de l’utiliser seul pour le faire fonctionner en tant que stratĂ©gie ? de mĂŞme est-ce possible de l’utiliser sur du 1Min en pĂ©riode 10 je doit changer le fractioner ?

    • Nicolas • 12/29/2017 #

      Oui.
      Pour changer la période, il faudra ajuster la variable MMperiod

    • macbartin • 12/29/2017 #

      plus la pĂ©riode est grande (en occurrence 20) plus l’indicateur est prĂ©cis dans les changement de tendance? perso j’aime bien utiliser un sto 128 pĂ©riode avec une zone Ă  50 horizontal)

  7. Hasardeur • 265 days ago #

    Hallo Nicolas,
    in John Ehlers book “cycle analytics for Traders” from 2013, Mr. Ehlers describes the gamma for BanPass as follows:
    gamma= 1/COS(360*Delta/MMPeriod) (your line 18).
    I have added a while slope to the code in order to return a swami chart.
    The result of the while slope swami chart is different to the manual chosen periods.
    Do you have any idea what’s the reason could be?
    I assume, that the look back period of [1]-[2] has an infuence.
    Best regards
    Hasardeur

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