17 Correlation Trend Indicator Double

CTI can also be used at different time windows to spot reversals. When CTI is the same at two time windows it suggest strong trending, but when the fast CTI starts to deviate from the slow, it indicates a likely reversal.

Figure 8.27: Ehlers Correlation Trend Indicator crossovers

It can be convertedd to a single indicator, by adding the slow indicators of the different time windows…when three time windows are used, the maximum value will be 3, meaning the trends is bull…or -3 the trend is bear.

Figure 8.28: Ehlers Correlation Trend Indicator crossovers