Hey there! This tool will help you to choose a moving average/filter that has the lowest lag throughout the whole history for the specified period. What does it do? It calculates the mean absolute errors for each moving average or filter and shows histogram with results. The lower error the lower lag of the moving average. So, the best average will be at the...
This trend indicator wants to detect possible buy and sell zones.
Gaussian Filter script. This indicator was described by John F. Ehlers in his book "Rocket Science for Traders" (2001, Chapter 15: Infinite Impulse Response Filters).
This study is an experiment utilizing the Ehlers Gaussian Filter technique combined with lag reduction techniques and true range to analyze trend activity. Gaussian filters, as Ehlers explains it, are simply exponential moving averages applied multiple times. First, beta and alpha are calculated based on the sampling period and number of poles specified. The...
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.
When smoothing data there is always a trade-off between lag and removal of noise. Gaussian filter has a consistently low lag and a very smooth curve. This filter works for poles higher than the 4 (usual usage). Mathematically maximum poles is 15 after which coefficients are too high to see any difference. By tuning Lag and number of Poles you can achieve a very...
Gaussian smooth of price. Colour telling the momentum bending (= second diff). Port of mq4 indicator. Tip jar: 165PuWddQdWynFf3fmNi6tVCG6gWf4usKG. Thank you.