2 Pole Super Smoother Filter

The Two Pole Super Smooth Filter indicator is a moving average type trading indicator with smoothing filter. It was created by John Ehlers (Cybernetic Analysis For Stocks And Futures pg 202) and is one of his filters that follows the price very closely.

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Manufacturer: nt8indicators

SKU: PSSF

Vendor: nt8Indicators

$9.90

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The 2 Pole Super Smoother Filter is a baseline indicator choice. This indicator was developed by John Ehlers and was discussed at length in his book “Cybernetic Analysis For Stocks And Futures”, published in 2004. His “Smoother” indicators (there are a few) are based on a concept called Butterworth Filters, which is a type of signal processing filter designed to have as flat frequency response as possible and are one of the most commonly used digital filters in motion analysis and in audio circuits.

For the trading world, Mr. Ehlers has been able to use the mathematical concepts of the Butterworth Filter as an alternative to the EMA (Exponential Moving Average) and SMA (Simple Moving Average) to detect trends. The indicator’s objective is to produce a smoother average with a minimum of lag by filtering out excessive market noise, and providing an indication of market direction.

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baseline indicator (8)

Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

Testimonial Disclosure: Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.