A sophisticated filter suite combining multiple advanced filtering techniques for precise market analysis and signal generation.
## Core Features
- Multiple filter types for different market conditions
- Advanced color schemes for visual analysis
- Compression options for volatile markets
- Normalization for consistent scaling
## Filter Types Explained
### Ehlers Super Smoother The classic roofing filter, excellent for trend following. Combines high-pass filtering with super smoothing for clean signals with minimal lag.
### Maclaurin Enhanced Uses Taylor series approximation for improved accuracy. Particularly effective at market turning points and provides better performance in choppy conditions.
### Gaussian Filter Based on the bell curve distribution, offering natural frequency response. Provides excellent balance between smoothing and lag reduction. Perfect for swing trading.
### Butterworth Filter Features maximally flat frequency response with minimal passband ripple. Sharp cutoff characteristics make it ideal for clear trend identification.
### Chebyshev Filter Offers steeper roll-off than Butterworth with adjustable ripple control. Two variants: - Type I: Ripple in passband - Type II: Ripple in stopband Excellent for precise signal isolation.
### Bessel Filter Delivers linear phase response with minimal overshoot. Preserves waveform shape effectively, making it perfect for pattern recognition.
### Enhanced Bessel Modified Bessel implementation with improved coefficients. Features:
- Better high-frequency response
- Adaptive order selection
- Enhanced signal preservation
## Visual Analysis Tools
### Color Schemes 1. Classic: Clear up/down movement indication 2. ROC Direction: Rate of change visualization 3. Dynamic Transparency: Signal strength through opacity 4. Gradient: Smooth color transitions 5. Intensity: Brightness-based signal strength 6. Momentum: Customizable sensitivity for momentum tracking
### Compression Options
- Auto-threshold detection
- Custom threshold settings
- Adjustable compression intensity
## Trading Applications
### Trend Following Monitor filter line and histogram colors for trend direction and strength.
### Momentum Trading Use color intensity and histogram height to gauge momentum.
### Reversal Detection Watch for divergences and extreme readings with compression enabled.
## Performance Notes - Each filter type optimized for specific market conditions - Color schemes designed for quick visual analysis - Compression helps manage volatile market conditions