Combining an Instantaneous Trendline with a Cyclic Component

Summary

The indicator described combines John Ehlers’s Instantaneous Trendline and Cyclic Component into one series by adding their values. It accepts a calculation period and an applied price, which determines the price input used in the calculations.

The document gives the combination formula but does not explain how either component is calculated, how to interpret the resulting line, or how it might be used to generate trades. It presents no performance evidence or testing details, so the indicator’s effectiveness and appropriate settings cannot be assessed from this description alone.

Key ideas

• The indicator is formed by adding an Instantaneous Trendline to a Cyclic Component.
• The calculation period is an input parameter.
• The applied price controls which price data is used.
• The description provides no trading rules or evidence of performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.