Can you clarify your first point. Which of the two indicators has better attenuation? Am I correct to understand that the bandpass indicator has better attenuation? Thanks in advance.
For my questions I got following answers
1) What is a difference between bad pass and roofing filters. Answer was better attenuation on the bands so better.
2) For what time frame his new technique is applicable. Answer was he is using for daily charts but for all TF is OK.
Hmmm this needs to be proven. Daily charts has little bars so easy to fit whatever to them specially if you choose
3) Is this technique applicable for HF FOREX data - no answer
4) Is this technique will work if data will have strong trends - no answer
5) I asked him also if he made any Walk Forward Test for any instruments using this technique - also no answer
Well, he was recommending his new book and stock spotter service quite much instead...
In next few days I will make some Walk Forward tests using John's stochastic strategy in comparison to
ordinary stochastic strategy on the same data sets so we will is if it extracts some more trade-able info.
no. Roofing filter has better attenuation of the bands. Anyway concept is the same and he repeats it like last 15-20 years, before he used the current model of bandpasss he was using one made from 2 emas.
Its just a kind of tracking filter like a kalman filter. He adjust the gain based on current error so assumes optimal gain is applicable to next bar. In previous solutions he was adding momentum so assuming momentum will be the same for next bar. Both assumptions are bullshit of course,
he just repeated the same concept in different form.
On the other hand I understand him, he wants to be in the circle of 'gurus' so he must come with some solution from time to time to keep people interested, similar like a scientist generating some useless papers to confirm their salaries.
Anyway in my opinion he is much better than the other gurus, some his work can be usable.
Two versions of Ehlers' Fisher Transform : the "classical" one and the histogram version
Both are coded exactly the same way the originals are
The biggest difference among these two and other "non repainting" ones is the way maximum and minimum are searched for : from original it is clear that those are searched for within chosen price, not within highs and lows (when not done that way peaks that are clearly defined in these indicators are lost, and thus one of the most useful informations from this indicator is lost)
Would you please add 'mtf' and 'signal line' (as in classical version) in attached indicator ?
There are one mtf version in the forum but that indicator doesn't have signal line !
Thanks for any help
can you prepare an MT version of the Ehlers indicators shown in the latest traders issue too?
Back Issues Archive
Super smoother can be found here : https://www.mql5.com/en/forum/174980/page32 here (a variable length super smoother( : https://www.mql5.com/en/forum/174980/page32 or here (adaptive super smoother) : https://www.mql5.com/en/forum/174980/page32
The stochastic can be found here : https://www.mql5.com/en/forum/174980/page37
Ooops. wrong link for the stochastic
One version can be found here (the one that works like the one from TASC trading tips) : https://www.mql5.com/en/forum/174980/page32 and one - upgraded to be more flexible and some more changes, here : https://www.mql5.com/en/forum/174980/page34
can you please share this indicator whats name of this indicator and is free ..
Check this thread for similar stuff : https://www.mql5.com/en/forum/178842
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