Yep, IIR vs. FIR filters in shorthand! If considering Ehlers’ lowpass proposals, I would rather have a look at his ‘Supersmoother’ (IIR). Simple, smooth, adjustable.

Hi Anti,

There are several mq4-versions of ‘Zero Lag’ filters out there, and not all of them are original Ehlers’ works. I assume you’re referring to the one described in this paper.

I tried it years ago, and there’s not so much lag indeed. But on the other hand its smoothing capabilites are not so brilliant – the typical tradeoff to consider…[Read more]

Hi Carlos,

I read your most recent 3 posts and all of them contain links to brokers’ websites. Could you please explain? To be honest, this looks a bit suspicious to me regarding spam.

s.

EDIT: spam content moved to the trash bin.

Ha, thanks for those links! A lot of stuff to read …

The ‘multi-bandpass filter’ heading immediately got my attention (reminds me of my old Ehlers’ works in mq4). Yet have to postpone in-depth reading for a while!

Hi @flx23,

Did you proceed your project / ideas in silence? Any ideas to bring this thread back to life?

… and one more idea: the D1 trifurcation could possibly be caused by weekly cycles. So analyzing five weekdays separately may bring insight.

Interesting! Thanks for your work and posting it!

In the H4 you can see that the point cloud widens and there may be a bi- or trifurcation. The same bifucation can be seen in the D1 much better. What could cause that bifurcation?

In H4 and D1 you appear to analyze a time period of about 7 – 8 years. In order to find out more about that bi- or…[Read more]

Hmm, rethinking this, my latest idea will lead to a certain number of ‘divide by zero’ errors. So a different method of normalization would be nice.

Nice work!

I haven’t been around so frequently these days, so please forgive me if my thoughts on your latest post do not consider topics that have already been discussed.

When developing an algorithm for trading purpose I’m always heading for two major goals to simplify practical usage:

1. If possible, the algo should be symbol independent.

…

[Read more]

Re. lowpass vs. bandpass filter:

I generally agree that a lowpass or some similar approach should act as a primary filter.

Guided by earlier Ehlers’ papers, I tried for some time (long ago) to measure current price frequency, and then tune a bandpass accordingly. As you might have guessed from my above post, this approach was not successful…[Read more]

Hi flx,

I’ve been off for some time, so I did not notice your new thread until now. Interesting!

From what you’re writing, you appear to have read most of Ehlers’ papers and / or books, and certainly a bit more.

I agree that it is not necessary to reproduce (smoothed) prices exactly in order to trade successfully, all it takes is timeliness…[Read more]

New member ‘blessing maxwell’ sent me the following message. I’ll report that member to have his/her account deleted.

I do not assume that anybody around replied to this ‘generous offer’ …

… unless you’re James Veach, see here B-)…[Read more]

New member ‘blessing maxwell’ sent me the following message. I’ll report that member to have his/her account deleted.

I do not assume that anybody around replied to this ‘generous offer’ …

… unless you’re James Veach, see here B-)…[Read more]

Ok, when looking at tick data, we do not look at any timeframe, just incoming prices. OHLC, or candlesticks,  can only be constructed when we start to structure tick data according to rules we define. Most obvious rule is simple timing, i.e. a uniform timeframe.

Most traders choose one or more timeframes for their trading that are somehow…[Read more]

First of all, I do not think that there’s such a thing like a ‘stupid’ question. If someone does not know a certain fact, or does not understand every detail of somebody else’s statement, or just is a newbie in a certain field, or … (fill in whatever makes sense!), he or she should feel free to post a question hoping the community can help out!…[Read more]

Maybe the Natural MA was covered in Video #2 of the seminar series – the missing one.

There are functional MQL prototypes you can analyze in the links I provided above.

I do not understand the term ‘argmax i (NMM)’. Basically, the fast NMA is an NMA that dynamically truncates its own weighted lookback interval, thus acting faster than Standard…[Read more]

Yep, just skip the esoterics! Later on in Ch. 12 some analogies between physical and trading aspects, which I usually look at a bit skeptically, are becoming interesting from a very remote point of view.

What instantly intrigued me was Jim’s imperative attempt to remove as much arbitrariness as possible from any indicator calculation. Ever…[Read more]

Yep, my first impression was very similar, several weeks ago.

Let me cite from Chapter 8, ‘The Zen Moment’:

This is why, in my opinion, it is advantageous to develop at least partially your own approach to markets. The Advanced Ocean Software that is part of the Ocean Master program is designed to give you a set of tools with which to develop…

[Read more]