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digital filters are (simplified) a way to smooth data.
Unlike traditional moving averages, a digital filter will be more effective in most cases.
The presented indicator displays in the form of colored candles the data of several (optional) digital filters built at different (optional) prices.
The indicator does not redraw on fully formed bars.
The indicator allows you to effectively follow the trend both in the short and long term (depending on the type of filter chosen).
The indicator allows you to select two different digital filters for display at the same time.
Custom Parameters:
- DF_Type – type of the digital filter;
- DF_Price – price of the digital filter.
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