Range Filter by Donovan Wall

• 08/28/2020 at 10:27 AM #142797
  BobFlynn

  Hello community,

  I tried to translate this trading view code into PRT language, but I’m struggling a little and don’t have much time available lately. So I’m sharing it here :https://www.tradingview.com/script/lut7sBgG-Range-Filter-DW/

  A quick description :

  “//..designed to filter out minor price action for a clearer view of trends.

  //Inspired by the QQE’s volatility filter, this filter applies the process directly to price rather than to a smoothed RSI.

  //First, a smooth average price range is calculated for the basis of the filter and multiplied by a specified amount.
  //Next, the filter is calculated by gating price movements that do not exceed the specified range.
  //Lastly the target ranges are plotted to display the prices that will trigger filter movement.

  //Custom bar colors are included. The color scheme is based on the filtered price trend.”

  I think it would benefit everyone to have it on PRT.

  Cheers,

  Bob

  

  BobFlynn

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  09/24/2020 at 1:15 PM #145203
  Nicolas

  I added this code into my conversion list, will do it asap.

  

  Nicolas

  Keymaster

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  10/06/2020 at 11:16 AM #146557
  Nicolas

  This indicator is now available to download from our ProRealTime codes library: Range filter

  (compatible only for PRT v11).

  1 user thanked author for this post.

  Monochrome

  

  Nicolas

  Keymaster

  Topics: 81

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