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Old 11-09-2005, 09:51 AM
newdigital newdigital is offline
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Trading Strategies Based On Digital Filters

I want to say that my nick 'newdigital' is not connected with digital filters. But I started this thread to discuss and explain about trading strategies based on the digital filters only. And to understand how to implement those filters.

All about digital filters you may find Digital Filters (basic explanation)

Digital filter indicators you may find filters indicators

And utilities to create your own digital filters you may find Generator of filter's indicator for MT4

I will post and describe to you and to myself about the difital filters strategies step by step. If we know about those strategies we will know how to use those filters in our own strategies.

Last edited by newdigital : 11-09-2005 at 09:55 AM.
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Old 11-09-2005, 03:24 PM
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De Vinci De Vinci is offline
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HI NewDigital


and lots of thanks for all your posts / work / time on this board....

I am NEW to Forex, and it is really a great help for me...

Bye


De Vinci
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Old 11-09-2005, 03:54 PM
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Thanks for the good words.
I will describe about the difital filters' trading strategies step by step (day by day let's say). Of course I am the great sceptic about those strategies because they based on the digital filters only. But anyway we must understand it because we may use some filters. What are those strategies?
6 or 7 filters simultaneously: two filters are producing the signals, the other 3 or 4 are filtering etc. We may change one or two indicators to the others to receive our trading systems. That is why I will study it (together with everybody).

In the end of this thread we (and me) will understand exactly how to use the digital filters.

And Coders' Guru will finish some indicator's lessons in that time (and will start EAs' lessons). So, it will be the time when we all together will be able to do a lot for ourselves.
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Old 11-09-2005, 05:36 PM
newdigital newdigital is offline
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It is not the development yet.
I am studying digital filters and will post the strategies from different sources with my comments, full explanation, images and so on. You may participate of course. Because I am not an expert.
The main task of this thread is to understand how to use it much more easy in our own trading strategies.
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Old 11-11-2005, 08:28 AM
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There are several kinds of digital filters:

- FATL - Fast Adaptive Trend Line (suppression of high-frequency noise market cycles with very short periods of fluctuation);
- SATL - Slow Adaptive Trend Line (suppression of noise and market cycles with more longer periods of fluctuation);

- RFTL - Reference Fast Trend Line;
- RSTL - Reference Slow Trend Line (RFTL and RSTL are the analogues of MA in the sense of their delay for current prices);

- FTLM - Fast Trend Line Momentum;
- STLM - Slow Trend Line Momentum (FTLM and STLM show rate of changing (falls or growing) of FATL and SATL calculated similarly with Momentum indicator but using smoothing as a result of filtrations of the price);

- RBCI - Range Bound Channel Index (band-pass filter for filtration of low-frequency trend and high-frequency noise);

- PCCI - Perfect Commodity Channel Index (this indicator is similar with Commodity Channel Index CCI but having the different calculation).
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Old 11-11-2005, 09:54 AM
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As illustration to the above mentioned we may see FATL and SATL on the image attached.

All the indicators which I am using on this thread during the discussion you may find here
Attached Images
File Type: gif filter1.gif (29.3 KB, 6885 views)

Last edited by newdigital : 11-11-2005 at 10:01 AM.
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Old 11-11-2005, 10:16 AM
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We may see RFTL and RSTL on the image filter2.gif and next image filter3.gif will show us the FATL, SATL, RFTL and RSTL all together.
Attached Images
File Type: gif filter2.gif (29.2 KB, 5470 views)
File Type: gif filter3.gif (29.1 KB, 5192 views)
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Old 11-11-2005, 10:55 AM
newdigital newdigital is offline
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On the image filter4.gif we may see FTLM and STLM.
If we want to have more nice appearance of the indicators we may see it on filter5.gif and filter6.gif images (attached).

Please note the all the necessary set of indicators described here you may find filters indicators and filters indicators
Attached Images
File Type: gif filter4.gif (32.0 KB, 5144 views)
File Type: gif filter5.gif (30.9 KB, 4994 views)
File Type: gif filter6.gif (33.5 KB, 4985 views)

Last edited by newdigital : 11-11-2005 at 10:58 AM.
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Old 11-11-2005, 11:10 AM
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RBCI filter we may see on the file filter7.gif (attached).
Attached Images
File Type: gif filter7.gif (33.3 KB, 6294 views)
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Old 11-11-2005, 11:26 AM
newdigital newdigital is offline
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PCCI index we may see on the image filter8.gif attached.

And on the same image filter8.gif we can see all the set of indicators.

Please fild all the above mentioned indicators with template filters indicators

On the next few posts we will describe about concrete trading systems to be able to use digital filters in our own systems.
Attached Images
File Type: gif filter8.gif (33.0 KB, 4584 views)
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