Level: 2
Background
John F. Ehlers introuced Hilbert Oscillator in his "Rocket Science for Traders" chapter 8. The Hilbert Oscillator identifies every major turning point.
Function
blackcat L2 Ehlers Hilbert Oscillator is used to follow the trend. Although it will not be a leading indicator because of the 2-bar lag required to compute Q3, it does prove...
![BTCUSD: [blackcat] L2 Ehlers Hilbert Oscillator](https://s3.tradingview.com/v/V5X3Vnfc_mid.png "[blackcat] L2 Ehlers Hilbert Oscillator")
