OPEN-SOURCE SCRIPT
[blackcat] L2 Ehlers Super Smoother (2 poles)
Level:2
Background
The second-order super smoother low-pass butterworth filter (2 pole) is a classic J.F Ehlers indicator.
Function
I have found many places where the algorithms are not uniform and some are even wrong. So, I did some research and wrote a low pass filter that I think is correctly defined. This indicator is often used as one of the basic elements of other trading systems.
When you are using it, you need to enter the Period setting period.
The key difference from other places is that, they use :
Filt2 := coef1*(Price+Price[1])/2 + coef2*nz(Filt2[1]) + coef3*nz(Filt2[2])
which introduces extra lag
My version keep the original meaning from Ehlers and use:
Filt2 := coef1*Price + coef2*nz(Filt2[1]) + coef3*nz(Filt2[2])
A little improvement on lag issue.
Remarks
Free and Open Source
Background
The second-order super smoother low-pass butterworth filter (2 pole) is a classic J.F Ehlers indicator.
Function
I have found many places where the algorithms are not uniform and some are even wrong. So, I did some research and wrote a low pass filter that I think is correctly defined. This indicator is often used as one of the basic elements of other trading systems.
When you are using it, you need to enter the Period setting period.
The key difference from other places is that, they use :
Filt2 := coef1*(Price+Price[1])/2 + coef2*nz(Filt2[1]) + coef3*nz(Filt2[2])
which introduces extra lag
My version keep the original meaning from Ehlers and use:
Filt2 := coef1*Price + coef2*nz(Filt2[1]) + coef3*nz(Filt2[2])
A little improvement on lag issue.
Remarks
Free and Open Source
Skrypt open-source
W prawdziwym duchu TradingView autor tego skryptu opublikował go jako open source, aby inwestorzy mogli go zrozumieć i zweryfikować. Pozdrowienia dla autora! Możesz go używać bezpłatnie, ale ponowne użycie tego kodu w publikacji podlega Zasadom Regulaminu. Możesz go oznaczyć jako ulubione, aby użyć go na wykresie.
Avoid losing contact！Don't miss out! The first and most important thing to do is to join my Discord chat now! Click here to start your adventure: discord.com/invite/ZTGpQJq 防止失联，请立即行动，加入本猫聊天群: discord.com/invite/ZTGpQJq
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.