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Hodrick Prescott Indicator


ryaz

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Here's a Hodrick Prescott "MA" by me

http://stashbox.org/654646/hm.rar
p.[hm]ryaz

It is based on an HP filter implementation by gwpr (http://translate.google.com/translate?hl=el&sl=ru&tl=en&u=http%3A%2F%2Fcodebase.mql4.com%2F5169) and doesn't repaint as HP filter.

More information on HP filter in http://en.wikipedia.org/wiki/Hodrick-Prescott_filter

regards

Ad augusta per angusta
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Re: Hodrick Prescott Indicator

 

Peachy ;)

Cheers peachess

Here's ver 1.01 for you with a lot more features, like selectable trend strength, no trend detection, filter bands and selectable price bands (disabled if band=0) and display of the Hodrick Precott filter (disabled if trend=0). The HP filter repaints and it's use resembles Center of Gravity, it is disabled from screen for trend=0. The HPMA and the bands don't repaint except for the last bar where repainting can be turned off by setting repaint=false. Increasing the nobs param will increase execution time, the smoothness is increased as labda increases, and trend change detection tends to be slower as trend param increases.

[spoiler:1uztao4u]http://stashbox.org/655677/h1.rar

p.[h1]ryaz[/spoiler:1uztao4u]

regards

Ad augusta per angusta
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Re: Hodrick Prescott Indicator

 

Cheers peachess

Here's ver 1.01 for you with a lot more features, like selectable trend strength, no trend detection, filter bands and selectable price bands (disabled if band=0) and display of the Hodrick Precott filter (disabled if trend=0). The HP filter repaints and it's use resembles Center of Gravity, it is disabled from screen for trend=0. The HPMA and the bands don't repaint except for the last bar where repainting can be turned off by setting repaint=false. Increasing the nobs param will increase execution time, the smoothness is increased as labda increases, and trend change detection tends to be slower as trend param increases.

[spoiler:ozbmrmx9]http://stashbox.org/655677/h1.rar

p.[h1]ryaz[/spoiler:ozbmrmx9]

regards

 

 

Thank you :D I will try it out .. its so nice to have some experts here \m/

 

Barbara

 

p.s. I like your new avatar

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Re: Hodrick Prescott Indicator

 

initial feedback:

 

<<if it does not repaint...>>>>

 

You have created a gem, a master piece, the best forex inicator

 

This might be IT.

 

Just added to GBPUSD 5M chart, would have kept me in the trade for most of the profits. AWESOME.

 

I didn't even pay attention to all the values, just using default value I thickened the red and blue lines in settings and voila.

 

 

 

Complete feedback: NEXT FRIDAY

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Re: Hodrick Prescott Indicator

 

...Can any one put alert on this for colour changes? ...

Just wait because ver 1.02 will have audio and visual aletrs among other (I even consider some type of convergence/divergence equivalent that I'm testing and looks very promising). For now I'd like your opinion on its usefulness compared to low lag MAs or other indies like CoG (for the filter).

regards

Ad augusta per angusta
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Re: Hodrick Prescott Indicator

 

...i try to figure out how this stuff works... pls advise...

Actually it isn't a real MA like HMA but shows the HPF value at any given bar. The HPF constantly changes to best fit the data and shows the current trend by removing the noise from the data. So it's basically a trend indicator that you can use it in many ways either alone or as a tool to establish trend for other systems or even set limits for entering/exiting, to name a few.

need help with this....

Correct "lamda" to "lambda" as mentioned earlier

regards

Ad augusta per angusta
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Re: Hodrick Prescott Indicator

 

...may i know how u 'personally' use this stuff?...

I'm currently researching it's use with some trend following systems and also some systems that use CoG. For the time I'm considering large TF's.

regards

Ad augusta per angusta
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