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Digital Filters for ToS
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Digital Filters for ToS

  #1 (permalink)
Trading Experience: Beginner
Platform: tos
Favorite Futures: stocks
Posts: 60 since May 2011
Thanks: 38 given, 79 received

Digital Filters for ToS

Ok, The task is to construct highpass/lowpass filters in thinkorswim.
This can be done two ways. The first one is to write a bunch of functions that does the job...Yes, it is possible to code, for example, Ehler's studies and we'll talk about it later, but this time i'll show the simplest and quickest way so even no programmer skills are needed for this.

The main tool is digital filter generator. This tool can be downloaded from website
(this software was written by russian programmer and his website is in russian language)...

You can import your own chart (many formats supported) to check how the filter works on your market.
Into Indicator format section choose OmegaProSuite, set filter settings and generate the code.

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Now copy generated code.

In thinkorswim, create new indicator, name it, paste the code and add "plot" at the beginning:

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here it is:

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Last edited by growex; January 7th, 2014 at 06:33 AM. Reason: software info added
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