2 Attachment(s)
Super BandPass Filter - John Ehlers
I just discover this indicator from ProRealTime code library.
Quote:
Here is the newest indicator by John Ehlers described in the new traders'tips of July 2016, like his other indicators this one is also a nearly-zero lag filter which is another attempt to filter out noises from high and low frequencies of market data.
John Ehlers describe the trading rules of this new indicator as this:
- Buy on the filter crossing above its -RMS line
- Short on the filter crossing below its RMS line
- Exit long when the filter either crosses below its RMS or crosses below -RMS (which signifies a false entry signal)
- Cover short when the filter either crosses above its -RMS or crosses above RMS (which signifies a false entry signal)
Attachment 24756
Converting Filters for ProRealTime Users
I would like to know if there are experimented users from PRT to convert/adapt a Tradestation indicator in ProBuilder ?
Here is the code:
http://unicorn.us.com/trading/src/_filter2pole.txt
There are butterworth, critical and hessel filters.
I think it would be a nice indicator for PRT.
If there are a few users who can help, it would be really great! :)
Thanks a lot.