OPEN-SOURCE SCRIPT

Stochastic Biquad Band Pass Filter

This indicator combines the power of a biquad band pass filter with the popular stochastic oscillator to provide a unique tool for analyzing price movements.

The Filter Length parameter determines the center frequency of the biquad band pass filter, affecting which frequency band is isolated. Adjusting this parameter allows you to focus on different parts of the price movement spectrum.

The Bandwidth (BW) controls the width of the frequency band in octaves. It represents the bandwidth between -3 dB frequencies for the band pass filter. A narrower bandwidth results in a more focused filtering effect, isolating a tighter range of frequencies.

The %K Length parameter sets the period for the stochastic calculation, determining the range over which the stochastic values are calculated.

The %K Smoothing parameter applies a simple moving average to the %K values to smooth out the oscillator line.

The %D Length parameter sets the period for the %D line, which is a simple moving average of the %K line, providing a signal line for the oscillator.

Key Features of the Stochastic Biquad Band Pass Filter
Biquad filters are known for their smooth response and minimal phase distortion, making them ideal for technical analysis. In this implementation, the biquad filter is configured as a band pass filter, which allows frequencies within a specified band to pass while attenuating frequencies outside this band. This is particularly useful in trading to isolate specific price movements, making it easier to detect patterns and trends within a targeted frequency range.

The stochastic oscillator is a popular momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. Combining it with a biquad band pass filter enhances its effectiveness by focusing on specific frequency bands of price movements.

By incorporating this stochastic biquad band pass filter into your trading toolkit, you can enhance your chart analysis with clearer insights into specific frequency bands of price movements, leading to more informed trading decisions.
movingavaragemoving_averageMoving AveragesSTOStochastic OscillatorTrend Analysis

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

想在图表上使用此脚本?


更多:

免责声明