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V. 20:5 (20-24): The Center Of Gravity Oscillator by John F. Ehlers

V. 20:5 (20-24): The Center Of Gravity Oscillator by John F. Ehlers

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The Center Of Gravity Oscillator by John F. Ehlers

Heres an indicator that identifies every major turning point without much lag.

This new oscillator is unique in that it is smoothed and has essentially zero lag. The smoothing enables clear identification of turning points, and the zero lag aspect means action can be taken early in the move. This oscillator is the serendipitous result of my research into adaptive filters. While the filters have not yet produced the results I am seeking, this oscillator has substantial advantages over conventional oscillators used in technical analysis.
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