This is an alternative way to do bandpass filtering. I Still need to update it to support moveable frequency bands. The lowBandpass() is just a 'trick,' as it simply subtracts the highBandpass() from the close data, so it is not really accurate in that it removes the low frequencies, just in a rather less-than-ideal manner. The "spectrum" of the dataset to...
- Hurst Exponent Signal Filter - The Hurst Exponent Signal Filter is meant to be used with an external signal source, this can be any indicator with a signal plot output (-1 Sell / 1 Buy) It filters out a lot of noisy signals and improves the performance of many indicators. - Example: How to Use - 1. Add a trend Indicator like Trend Index MTF to your...
Over the years, many FIR filters have been proposed by the Pine community, with the standard way of computing them being `for` loops. The arrival of arrays allows for a new, more efficient way to compute them. This script provides a template showing how you can compute FIR filters using Pine arrays. FIR Filters FIR stands for "Finite Impulse Response", and...
The 3 Pole Butterworth Filter was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pgs 196-197) and this indicator is a moving average that also works well as a trendline. Buy when the indicator line turns green and sell when it turns red. Let me know if you would like me to publish other indicators or if you want something custom done!
The 2 Pole Super Smoother Filter was created by John Ehlers (Cycle Analytics For Traders pg 32) and this follows the price very closely and very useful because it is consistent with uptrends and falls sharply during a sudden downtrend so it should be able to help you stay more profitable. Buy when the indicator line turns green and sell when it turns red. Let me...
The new array feature is extremely powerful, as it will allow pinescript users to do more complex things, or compute existing calculations more efficiently, it will also be possible to shine some light to some already existing functions, one of them being percentile_nearest_rank . We have been working on this new feature with our pal alexgrover, and made this...
If the volume is less than N% of the average, then it is not displayed.
The Script is an Amalgamation of Two prominent Scripts in One 1. Ehlers 2 Pole ButterWorth Filter 2. Wave Channel 3D Intuitively, Buy when Candles are above all the filter Lines Sell when Candles are below the Filter Lines CREDITS
This Indicator helps you get alerts from Vortex Indicator if a trend is Established. One of my followers asked me to do this: @Kiran_05 How this is made ? 1. Vortex Crossovers are taken into consideration in a noise filtered manner 2. Noise filtering is done by trend establishment due to Ehlers 2 pole ButterWorth Filter and EMA50 Crosses How to use it ? 1....
Just a clean script that can be applied on top of other indicators/sources or you can take the function out of the source and use it in other scripts. The idea for this was taken from www.pinecoders.com except I am utilizing an EMA instead of SMA. Simply put, we are combining a low-pass filter (moving average) with a high-pass filter (smoothed difference...
A simple yet powerful way to filter out choppy ranges or sideways moves without missing out on good trades It calculates the %-distance of the price to a moving average so you can ignore buy/sell signals around the center line. The upper and lower line are thresholds to catch reversals of the trend when the distance to moving average is increasing. Thanks...
The "Laguerre Filter Wave" Indicator usually shows market cycles and is a perfect fit for swing traders who trade with market fluctuations. Upward-trends are shown as green lines and optional bands. Downward trends are represented by the color red. Each of the 18 available lines can be adjusted to your own preferences via a gamma factor. You also have the...
This little script simply gives you a quick visual cue of where price is compared to a particular EMA of another security or underlying index. It is based on Nick Radge's broader market filter weekend trend trader system, but can be applied to other timeframes if you want to confirm if the index is in an up trend or down trend. • Green means the underlying...
The 2 Pole Butterworth Filter was created by John Ehlers (Cycle Analytics For Traders pg 32) and this is an updated version of his original 2 pole Butterworth Filter script that seems to follow the price even closer. Buy when the indicator line turns green and sell when it turns red. Let me know if there are other scripts you would like to see me publish or if...
The 2 Pole Butterworth Filter was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 192) and this is one of his many filters that cuts out the noise and follows the price very closely. I recommend combining a 2 pole and 3 pole system of the same type of filter. Buy when the indicator line is green and sell when it is red. Let me know if there...
The Super PassBand Filter was created by John Ehlers (Stocks & Commodities V. 34:07 (10–13)) and this is a pretty useful indicator to let you know how volatile the market is right now. This is useful for scalpers because this lets you avoid the choppy markets (usually when the rms is 1.50 or less but feel free to choose your own level) and gives you good entry and...
The 2 Pole Super Smoother Filter was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 202) and this one of his filters that follows the price very closely. I would recommend to change the default settings to what fits your trading style the best. Buy when the indicator line turns green and sell when it turns red. Let me know if there are...
The Laguerre Filter was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 216) and this indicator works well with letting you know both the short and long term trend as well as a pretty good moving average. If the indicator line is above the black line then it is a long term uptrend and below the black line is a long term downtrend. Buy when...