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Ehlers Super PassBand Filter [CC]

The Super PassBand Filter was created by John Ehlers (Stocks & Commodities V. 34:07 (10–13)) and this is a pretty useful indicator to let you know how volatile the market is right now. This is useful for scalpers because this lets you avoid the choppy markets (usually when the rms is 1.50 or less but feel free to choose your own level) and gives you good entry and exit points. Buy when the indicator line is green and sell when it is red.

Let me know if there are other indicators you would like to see me publish or if you want something custom done!
Release Notes: Added a zero line as requested
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Want to use this script on a chart?

Kommentarer

Your codes are great!
Just, please, add a hline(0) for those indicators which can be translated by their zero line cross.
Svara
This is pretty good.
Svara
@Jittra, thank you
Svara
Thanks for your all of suggest.
Svara
@EricKam, yw
Svara
lower timeframe use possible ?
Svara
cheatcountry amitnandi
@amitnandi, yes of course. I just used the default timeframe that ehlers designed it with
Svara