Editors' picksOPEN-SOURCE SCRIPTTime Series Lag Reduction Filter by Cryptorhythms
Time Series Lag Reduction Filter by Cryptorhythms
Description
A little filter to reduce lag on any time series data. Here we use an EMA to demonstrate how it works, but you could use it in many different ways/appications.
This method can cause overshoot if you get too aggressive with the "lagReduce" setting. In this case lower the lagReduce variable.
👍 We hope you enjoyed this indicator and find it useful! We post free crypto analysis, strategies and indicators regularly. This is our 76th script on Tradingview!
Description
A little filter to reduce lag on any time series data. Here we use an EMA to demonstrate how it works, but you could use it in many different ways/appications.
This method can cause overshoot if you get too aggressive with the "lagReduce" setting. In this case lower the lagReduce variable.
👍 We hope you enjoyed this indicator and find it useful! We post free crypto analysis, strategies and indicators regularly. This is our 76th script on Tradingview!
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Twitter - twitter.com/cryptorhythms
Cryptorhythms Group Chat - t.me/cryptorhythms
Cryptorhythms Group Chat - t.me/cryptorhythms
Disclaimer
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