Hodrick-Prescott filter (HP)

v11
Hodrick-Prescott filter (HP)

The Hodrick–Prescott filter (also known as Hodrick–Prescott decomposition) is a mathematical tool used in macroeconomics, especially in real business cycle theory, to remove the cyclical component of a time series from raw data. It is used to obtain a smoothed-curve representation of a time series, one that is more sensitive to long-term than to short-term fluctuations. (source Wikipedia: https://en.wikipedia.org/wiki/Hodrick%E2%80%93Prescott_filter)

Be aware that this indicator is continuously rechecking the complete history to redraw the curve to be perfectly in line with the data serie. So it is repainting the past and should not be used “as is” for live trading.

Compatible only with PRT v11 and onwards.

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

PRC is also on YouTube, subscribe to our channel for exclusive content and tutorials

  1. juanj • 09/28/2020 #

    Could be useful in identifying Elliott Waves

  2. willi • 09/28/2020 #

    Guten Morgen,

    ich habe den Indikator importiert, bekomme aber leider nichts angezeigt. Liegt es vielleicht daran, das ich nur die Demoversion 11.1 benutze?

    Danke Willi

    • Nicolas • 09/28/2020 #

      Nein, es sollte genauso funktionieren mit Demo oder Real Account. Haben Sie es auf die Preisliste angewendet?

  3. willi • 09/28/2020 #

    Ich habe meinen Fehler gefunden: Das lambda war für meine eingestellte Zeiteinheit zu groß gewählt, mit einem kleineren Wert bekomme ich eine Anzeige.

    Danke Willi

  4. Fabian • 09/28/2020 #

    Hi Nicolas,

    do you plan to release this indicator in version 10.3 as well or is this not practicable due to the usage of arrays?

    • Nicolas • 09/28/2020 #

      No because it needs arrays! 🙂

  5. RicLg • 09/28/2020 #

    Hi Nicolas,
    Can we get the Value of this drawsegment?
    i do not understand how this code works
    Thank you .

    • Nicolas • 09/28/2020 #

      The last value is $output[i], so return $output[i]
      Be aware that the indicator is repainting continuously.

  6. RicLg • 09/28/2020 #

    Merci Nicolas pour le retour.
    En effet on récupère “the Last value” du dernier Point de traçage, après la création d’une variable, AllValuPoint=$output[i] entre les ligne 63 et 64
    Est il possible de récupérer Toutes les valeurs du traçage de ce drawsegment?
    Merci Nicolas

    • Nicolas • 09/28/2020 #

      c’est exactement ce que je fais entre les lignes 58 et 64 pour pouvoir tracer la ligne complète

  7. Italo Fabian • 09/28/2020 #

    Nicolas,

    Ces matrices sont-elles des vecteurs unidimensionnels ou multidimensionnels?

    Depuis maintenant,
    Reconnaissant!

  8. Denis • 09/28/2020 #

    Bonjour Nicolas et RicLg,
    Merci Nicolas pour cet indicateur intéressant et merci RicLg pour la suggestion.
    Toutefois, même en insérant une instruction suggérée par RicLg, je n’arrive pas à faire renvoyer toutes les valeurs qui dessinent le segment, ce qui empêche qu’une alerte se déclenche.
    Auriez-vous une idée de ce qui bloque le renvoi de ces valeurs ?
    Merci par avance de votre aide

avatar
Register or

Likes

avatar avatar avatar
Related users ' posts
Nicolas
3 years ago
Nicolas La définition des couleurs se situent entre les lignes 94 et 118. Selon le type de bougie (h...
Manu35250 Bonjour Nicolas, Est il possible de convertir cet indicateur en screener ? J'essaie depui...
Nicolas Bien sûr, merci de formuler la demande dans le forum approprié en respectant les règles de p...
Nicolas Il faut l'ajouter sur le prix avec l'icône de la clé situé en haut à gauche du graphique du ...
jerome777 merci de ta réponse
jerome777 bonjour c est bon il fonctionne parfaitement merci beaucoup
kbrooks323 Hello would someone be willing to release a scan code for this? that would be helpful as I s...
Nicolas You can do easily this screener by using the assisted creation tool. It would take you about...
kbrooks323 I just figured it out thanks!
Nicolas Check your custom trading hours and use the default market ones.
fj_pastor Hello Nicolas, Thanks again for all your support. Finally I debugged the problem. The sim...
kallistos Hi Nicolas, Thank you very much indeed for this indicator (and all the others you are provi...
frenqle Hi There.. It seems the TSL stop loss is not working.. it does not respond is that correct?
Ciccarelli Franco Per lasciare che la strategia venga eseguita (dopo aver importato il file): Basta eliminare...
JADINVEST Hello Jan, hello everyone, Thanks Jan for this strategy! Since 2020, have any of you found a...
FXmike hey my friends, thank you for this great code. my problem is he make no trade open. backtest...
FXmike Can i put a Action that my start contract is smaller than 1 ? 0.3 or 0.5 ? In wich Position...
phoentzs I wrote the code for M15 back then and also variants in H1 and M1. Everything works so far....
Morrissey38 Muchísimas gracias Nicolás , muy amable.
Bruno Carnazzi extrèmement pertinent
Bruno Carnazzi Is that beatable ?
Alps007 Hi Nicolas. Happy New Year. Can you please program me several MACD divergence screeners ...
Arlei Zanin Hello Nicolas, would it be possible to convert the Cloud to Pascal language? Thank you.
ashee i want it in MT4
Marie-Eve Vergoz Bonsoir - Voici l'erreur qui est signalée lorsque je souhaite utiliser cet indicateur : il...
Sapo Thank you for your indicators. As always it's perfect, I thank you for your help it's preci...
Vonasi Sure that is possible. I will code it and make a post in the English ProBuilder forum and pu...
Vonasi Vama v2 with Hull moving average included can be found here: https://www.prorealcode.com/top...
JMat45 Thank you, Vonasi.
Nicolas
5 years ago
LRMA
LRMA
0
Indicators
manchokcity can we have it in mql4 platform? or how or which platform do we use it?
camporan I don't use MetaTrader so I won't be able to do the translation myself. Sorry!
Alexander9 This can for amibroker ? . Thanks
Alberto Aguilera Hi! Thanks for your strategy Anyone can check it with 200 bars?
TempusFugit Hi, this simple system for DOW and only shorts has worked quite well, maybe because of its q...
phoentzs Unfortunately, I never pursued this strategy further. Maybe I should take a look with what ...
robertogozzi It surely CHANGES even when currently outside time range, as the lookback periods change as ...
SkippyTrader Thanks Roberto, but shouldnt the values in the outside time range not be different? As it sh...
robertogozzi Actually it is a constant (I tested them on a 1-hour TF, 9am to 5pm) and outside that time r...
funkystuff Salut Balmora, Ton indicateur est plutôt intéressant :) Penses-tu qu'il soit possible de l'...
brian gilbert Hello, can you explain to me what are "pipsize" and "ATAN"? What functions do they have and ...
Bodaris Bonjour, Je suis débutant 1 mois :p pipsize ressemble à la fonction pointsize et ATAN...
darbes Hi How does it go on live ? JC
antonio73 Balmora74, io vedo che funziona anche su timeframe ad 1 minuto con piccole ottimizzazioni, t...
Juananantoniorodriguez hola buenas, a este sistema automático, Cómo se le podría poner un stoploss de beneficio sim...
Leo I don't know, I just copy paste the strategy. The optimisation of the values I wrote them in...
bertrandpinoy hello Leo I'm spending time on your strategy code. do you agree to try to include this code ...
bertrandpinoy //version a: ajout filtre MM defparam cumulateorders=false // --- paramètres taille =...
capgros Bonjour @Nicolas, Thanks a lot for this tool, it is very useful for me. I would like to s...
Hans63 Would you add the possibility to color also the Heikin Ashi and bar chart?
Nicolas That's possible, please open a new topic in the indicator forum explaining what you need exa...

Top