Description
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.
Input Parameters
| Parameter | Description |
|---|---|
length
|
The number of bars used to calculate the filter. |
Plots
| Plot | Description |
|---|---|
Ehlers
|
The Ehler's Distant Coefficient Filter. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.