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Note: This download requires NinjaTrader 8 release 8.1.3 or newer.

The Simple Decycler utilizes the high pass filter proposed by John Ehlers. It eliminates prices perceived to be within high frequency price ranges by subtractive it from the instrument price.

The Simple Decycler contains two more lines (hysteresis) that are set at a pre-determined percentage above and below the main curve (Typically +/-0.5%). These lines could help determine whether price is trending or not. Prices above the upper hysteresis line are in an uptrend and those below the lower line are in a downtrend.

There is an option to attempt and establish a trend for the main Decycler curve. There are two logical embedded within the indicator for this:

• Disable Neutral Trend Identification: If this is selected, the Decycler will simply color based on historical values. An increasing value is an uptrend while a decreasing value is a downtrend.
• Enable Neutral Trend Identification: Uptrend is identified if price is above the upper hysteresis and the main Decycler curve is increasing in value. Downtrend is identified if price is below the lower hysteresis and the main Decycler curve is decreasing in value. Neutral is any value not following the previous statement.

Simple Decycler Features:

• High pass filter period can be adjusted manually by the user to suit the relevant timeframe.
• Adjust hysteresis. Curve coloring/trend will adjust automatically if enabled.
• As described above, there are two logical methods for determining curve color/trend.

Review screenshots and video for demonstration and further functionality.

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