Description : This SwissArmyKnife - MultiPurposeIndicator allows user to modify the Directional index based on one of filtering tools proposed by John F.Ehlers .
Details of each filtering type can be read in Ehlers Technical Papers: "Swiss Army Knife Indicator" and/or his book "Cybernetics Analysis for Stock and Futures"
Disclaimer:
These study scripts was built...
Description : This SwissArmyKnife - MultiPurposeIndicator allows user to modify the conventional indicator smoothing method Stochastic(SMA)/RSI(RMA) to one of filtering tools proposed by John F. Ehlers .
Details of each filtering type can be read in Ehlers Technical Papers: Swiss Army Knife Indicator,
I'm still very new with Digital Signal Processing (DSP)...
The Swiss Army Knife Indicator was created by John Ehlers (Stocks & Commodities V. 24:1 (28-31, 50-53)) and it is 9 different filters in one big mega indicator! This is my first attempt at allowing you all to select different timeframes, to choose if you allow repainting or not, or by letting you choose which indicator you want to see on the chart. I know this may...
![BTCUSD: Ehlers Swiss Army Knife Indicator [CC]](https://s3.tradingview.com/a/a4aqOP5w_mid.png "Ehlers Swiss Army Knife Indicator [CC]")
