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HP Extrapolator

HP Extrapolator

Wcci Patterns

The indicator is based on the Hodrick-Prescott filter. In this filter, there is no delay. Calculation formula is used to minimize the objective function:

F = Sum ((y [i] - x [i]) ^ 2, i = 0 .. n-1) + lambda * Sum ((y [i +1] + y [i-1] -2 * y [i]) ^ 2, i = 1 .. n-2)

x - prices, y - the filter value.

To learn more about this Indicator and download its source code on MQL4 you can here:


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