divergence software, inc.
Development & Consulting Services
Product Detail
Squelch Indicator
TradingView indicators will be activated for your TradingView account and no installation is required. eSignal indicators will be delivered to you via email in zip files. Some of the more complex indicators have installer programs. In most cases we will require your eSignal username so that we can set up the entitlement for the indicator(s) you have purchased.
The majority of our indicators are licensed for a one-time fee (i.e., non-recurring). However, we do have some subscription-based products, including marketDirection Monitor, Harmonic Pattern Collection, and S/R Analyst Pro.
Description
This script uses a Hilbert Transform to determine the cycle period. If the period is greater than the cutoff value, the instrument is assumed to be trending and the bars are colored green, if the period is less than the cutoff value, the instrument is assumed to be in cycle mode (e.g., non-trending) and the bars are colored in red. Source code is provided so the calculations can be modified and integrated into other studies.
Specifications
- Product ID: EHL02
- Requires eSignal 12.x or newer