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...
Collection of some of the best moving averages.
I've tried to collect them all but TV became so slow, that it was completely unusable.
So i left only those that performs best on various backtest systems.