Reflex Oscillator

Overview

The Reflex oscillator represents John Ehlers' innovative approach to creating a zero-lag indicator that specifically targets the cycle component of market data. Based on a model that views price action as a combination of cycles and short-term trends, Reflex isolates the cyclical patterns by identifying trends that start at cycle peaks or valleys and end at adjacent turning points. By carefully synchronizing with these market cycles, Reflex provides timely reversal signals without the lag inherent in traditional averaging indicators, making it particularly effective for identifying major market turning points.

What makes Reflex unique is its bounded nature and consistent behavior across all timeframes. The indicator oscillates between +2 and -2 regardless of whether applied to one-second bars or monthly candles, providing consistent interpretation across different trading horizons. When used alongside its companion Trendflex indicator, traders gain a complete picture - Reflex reveals the market's cyclical rhythm while Trendflex tracks the trend component. This dual approach, combined with Ehlers' Super Smoother technology for noise reduction, creates a powerful system for timing market entries and exits based on cycle analysis.

Interpretation & Trading Signals

Example Usage

Code examples will be available once the Rust implementation is complete.