Author
ScriptorPublished date
Jul 13, 2018
Indicator Butterworth Moving Average - a moving average with smoothing using Butterworth filter.
It has two configurable parameters:
Calculations:
ButtMA = p1 * Price + p2 * PrevButtMA - p3 * PrePrevButtMA
where:
Price = SMA(Applied price, 1)
p1 = 2 / (1+Period)
p2 = 2 * (1-Kf)
p3 = (1-Kf) * (1-Kf)
Kf = Sqrt(p1)
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