Simple Decycler Oscillator VertexFX Indicator

The Simple Decycler Oscillator is a powerful VertexFx client-side indicator that identifies the start and reversal of a trend.

One of the major drawbacks of conventional indicators is that the signals have lag resulting in delayed trade entries. The Simple Decycler Oscillator attempts to reduce the lag by using two oscillators.
The indicator comprises of two components, the fast oscillator identified by the BLUE line and the slow oscillator identified by the RED line. The fast component is calculated using the FAST_PERIOD and the FAST_K co-efficient. Similarly, the slow component is calculated using the SLOW_PERIOD and the SLOW_K co-efficient.
The components are calculated using cycle analysis theory. The strength of the trend is calculated using a high-pass filter over the specified period and smoothed with the smoothing co-efficient (K).
The difference between the BLUE and the RED line indicates the direction of the current trend. When the BLUE line is above the RED line the trend is considered bullish and when it is below the RED line the trend is considered bearish.

BUY / EXIT SHORT - Enter LONG (or exit SHORT) at the close of candle when the fast (BLUE) line closes above the slow (RED) line. The stop-loss can be placed below the nearest Swing Low.
SHORT / EXIT LONG - Enter SHORT (or exit LONG) at the close of candle when the fast (BLUE) line closes below the slow (RED) line. The stop-loss can be placed above the nearest Swing High.