Category: MESA8
Input parameters
Name
|
Setting
|
Default
|
Optimization range
|
Tune
|
Number>0
|
1
|
0.25-2
|
Delta
|
Number>0
|
0.2
|
0.05-0.5
|
Price
|
Input time series
|
Close
|
|
Description
The Bandpass indicator is a 20% bandwidth bandpass filter tuned to the MESA-measured dominant cycle. Its amplitude is plotted as a percentage of price. The Bandpass filter removes both low frequency and high frequency noise. The Tune parameter adjusts the dominant cycle period relative to its measured value. The Delta parameter is the bandwidth of a bandpass filter in terms of +/- percent of the center period. A smaller number gives a narrower bandwidth to eliminate extraneous cycle components and a larger number give a wider bandwidth to improve responsiveness to transients.
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