Category: MESA8
Input parameters
Name
|
Setting
|
Default
|
Optimization range
|
Center period
|
Integer>0
|
20
|
8-60
|
Delta
|
Number>0
|
0.2
|
0.05-0.5
|
Price
|
Input time series
|
Close
|
|
Description
The Static BP indicator is a bandpass filter that is applied with its constant Center Period across the entire data series. This is contrasted with the BP Indicator whose center period is adjusted by the MESA-measured dominant cycle. The Delta parameter is the bandwidth of the filter in terms of +/- percent of its 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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