The Ehler's Distant Coefficient Filter is a non-linear filter that filters out non-stationary data. The filter can be considered a technique of finding weighted average of the median price data: its calculation mechanism assigns weights to the bars according to the median prices and recent price changes.
||The number of bars used to calculate the filter.|
||The Ehler's Distant Coefficient Filter.|
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.