Category: MESA91
Input parameters
Name |
Setting |
Default |
Optimization range |
Price |
Input time series |
Close |
|
Delta |
Number > 0 |
0.1 |
0.05 - 0.5 |
LP (LowestPeriod) |
Integer |
12 |
8 - 60 |
HP (HighestPeriod) |
Integer |
24 |
8 - 60 |
Description
The MESA91_Bandpass Indicator is a bandpass filter tuned to the MESA-measured Dominant Cycle. Its amplitude is plotted to reflect the cyclic swing of the input time series. The MESA91_Bandpass filter removes both low frequency and high frequency components from the input time series. The Delta parameter is the bandwidth of a bandpass filter in terms of +/- fraction of the Dominant Cycle. A smaller number gives a narrower bandwidth to eliminate extraneous cycle components and a larger number gives a wider bandwidth to improve responsiveness to transients.
Related Indicator: BandStop
