nonlinear

Nonlinear Kalman filter – indicator MetaTrader 5

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Nonlinear Kalman filter - indicator for MetaTrader 5
One more from the creations of John Ehlers. Best described by Ehlers himself: John Ehlers: Take EMA of price (better, a 3 Pole filter). Take the difference (delta) between Price and its EMA. Take an EMA of delta (or a 3 Pole filter): Smoothing will help reduce whipsaws. Ideally, smoothing introduces no major trend mode … Read more

Ehlers Nonlinear Filter – indicator MetaTrader 5

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Ehlers Nonlinear Filter - indicator for MetaTrader 5
John Ehlers is known for making a lot of new tools for technical analysis. Here is one more. According to Ehlres: These filters provide extraordinary smoothing in sideways markets and aggressively follow major price movements with minimal lag. Even though he tends to over praise his work, we can agree with some of the statements … Read more

Ehlers Nonlinear Filter Zone – indicator MetaTrader 5

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Ehlers Nonlinear Filter Zone - indicator for MetaTrader 5
This is the “zone” indicator using Ehlers Nonlinear Filter for calculation. “Zone” is calculated using High, Low and Median price in order to attempt to assess the trend of the current chart instrument. For that reason you shall see periods of “no trend” (i.e. parts of the middle line that will have gray color) – … Read more

Nonlinear Kalman filter deviation – indicator MetaTrader 5

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Nonlinear Kalman filter deviation - indicator for MetaTrader 5
Theory: We are having various methods of measuring volatility. One is the standard deviation (and all its variations – since standard deviation is using simple moving average – that are using various smoothing methods to calculate the estimated volatility). Each of it has it goods sides, but mainly the speed of response is crucial for … Read more

Nonlinear Kalman filter – floating levels – indicator MetaTrader 5

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Nonlinear Kalman filter - floating levels - indicator for MetaTrader 5
Theory : John Ehlers describes what he calls the nonlinear Kalman filter in the following way : Take EMA of price (better, a 3 Pole filter). Take the difference (delta) between Price and its EMA. Take an EMA of delta (or a 3 Pole filter): Smoothing will help reduce whipsaws. Ideally, smoothing introduces no major … Read more

Zero mean normalized nonlinear Kalman filter – indicator MetaTrader 5

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Zero mean normalized nonlinear Kalman filter - indicator for MetaTrader 5
Theory : Often we have a need of normalizing some values into known bounds in order to use them in the “oscillator” mode (when we can have a sort of a clear state for a “trend”). One of the possible ways to do that is by using the zero mean method. This version of nonlinear … Read more

Zero mean normalized nonlinear Kalman filter – with floating levels – indicator MetaTrader 5

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Zero mean normalized nonlinear Kalman filter - with floating levels - indicator for MetaTrader 5
Theory : This is an extended version of the zero mean normalized nonlinear Kalman filter (originally published here : Zero mean normalized Kalman filter). In addition to the original this version is having floating levels and 3 coloring modes for signals : color change on slope color change on outer (floating) levels cross color change … Read more