Static HP

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(Static High Pass Filter)

Category: MESA8

 

Input parameters

Name

Setting

Default

Optimization range

HP period

Integer>0

40

10-100

Price

Input time series

Close

 

 

Description

The Static HP filter is a way to detrend price information by removing its low frequency information.  The HP Period parameter adjusts the shortest cyclic period that will be passed by the filter.  Some smoothing is done in this indicator by removing the two bar, 3 bar, and 4 bar cycle components.