EHLERS TREND NORMALIZED Trading Guide

The Ehlers Trend Normalized is a quantitative technical analysis tool. ehlers_trend_normalized.js Ehlers Trend Normalized Adaptation of John Ehlers' Trend indicator, normalized to a -100 to 100 range.

What does the indicator show?

• Market Structure & Momentum: Visualizes prevailing trend directions and key reversal zones.
• BUY / SELL Signals: Highlights confirmed entry and exit opportunities based on quantitative rules.
• Dynamic Boundaries: Provides adaptive levels for managing trade risk and reward expectations.

Key Settings

• High-Pass Period (hpPeriod): Controls the calculation period and sensitivity for market detection.
• SuperSmoother Period (ssPeriod): Controls the calculation period and sensitivity for market detection.
• Raw Amplitude Scale (ampMult): Controls the calculation period and sensitivity for market detection.
• Normalization Period (normPeriod): Controls the calculation period and sensitivity for market detection.
• Enable Glow Effect (showGlow): Controls the calculation period and sensitivity for market detection.
• Enable Gradients (showGradient): Controls the calculation period and sensitivity for market detection.
• Source (source): Controls the calculation period and sensitivity for market detection.
• Trend Value % (normVal): Controls the calculation period and sensitivity for market detection.
• Momentum (momentum): Controls the calculation period and sensitivity for market detection.
• Strong Bull (isStrongBull): Controls the calculation period and sensitivity for market detection.
• Strong Bear (isStrongBear): Controls the calculation period and sensitivity for market detection.
• Trend % (normVal): Controls the calculation period and sensitivity for market detection.
• Is Strong Uptrend (isStrongBull): Controls the calculation period and sensitivity for market detection.
• Is Strong Downtrend (isStrongBear): Controls the calculation period and sensitivity for market detection.

How to use Strategy Parameters (Condition Source)

Within the Strategy Tester module, this indicator can be used both as a direct signal source and as a market-state filter.

1. Signal Events

• isStrongBull - Is Strong Uptrend event signal.
• isStrongBear - Is Strong Downtrend event signal.

2. Filters and Trade Levels

• hpPeriod - High-Pass Period value used for structural qualification or thresholds.
• ssPeriod - SuperSmoother Period value used for structural qualification or thresholds.
• ampMult - Raw Amplitude Scale value used for structural qualification or thresholds.
• normPeriod - Normalization Period value used for structural qualification or thresholds.
• showGlow - Enable Glow Effect value used for structural qualification or thresholds.
• showGradient - Enable Gradients value used for structural qualification or thresholds.
• source - Source value used for structural qualification or thresholds.
• normVal - Trend Value % value used for structural qualification or thresholds.
• momentum - Momentum value used for structural qualification or thresholds.
• isStrongBull - Strong Bull value used for structural qualification or thresholds.
• isStrongBear - Strong Bear value used for structural qualification or thresholds.
• normVal - Trend % value used for structural qualification or thresholds.

Strategy Example: Enter Long when buySignal is true and trendFilter == 1, ensuring trades align with dominant momentum.