super bandpass filter by John Ehlers

1916 1 114
New indicator from John Ehlers , more info , strategy can find in the script
Remove from Favorite Scripts Add to Favorite Scripts
//plot by marco
//The Super Passband Filter by John Ehlers
//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)

study("super bandpass filter",overlay=false)
bbs=input(true,"show background colors ?" )
a1= 5/flen
a2= 5/slen
PB = (a1 - a2) * close + (a2*(1 - a1) - a1 * (1 - a2))* close[1] + ((1 - a1) + (1 - a2))*nz(PB[1])- (1 - a1)* (1 - a2)*nz(PB[2])
RMSa= sum( PB*PB, 50)
RMS= sqrt(RMSa/50)
con=crossover(PB,rms) and bbs ?lime: crossunder(PB,RMS) and bbs?red:na
plot(PB,title="Pass Band",color=red,linewidth=2)
//plot(sbfma,color=red,linewidth=2,title=" super bandpass filter MA")
Thanks for sharing!!!!!!!!!!! It is Great!!!!!!!!!!!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out