GMomentum test

This indicator has been developed to show the features of cluster filters described in the article "Creating Non-Lagging Digital Filters". It contains a set of tests allowing users to examine behavior of such filters in more details.

Input Parameters

All tests are based on Momentum indicator.

Method - Momentum calculation method:

• Relative Momentum - calculation is performed similar to the one described by William Blau. It is set by default.
• Absolute Momentum - calculation is performed similar to the built-in Momentum.
• Price Rate of Change - calculation is performed as in ROC indicator.

All indicator lines are similar to one another differing only by vertical axis scale. All test descriptions are performed for the relative Momentum.

Max bars - number of bars for calculation. The default value is 1 000.

Filter - built-in cluster filter operation mode:

• Off - filter disabled.
• Test No.1 Advance - filter settings for "Advanced smoothing effect" test.
• Test No.2 Smoothing - filter settings for "Non-lagging smoothing" test
• Test No.3 Impulse - settings for examining Momentum's impulse parameter.

During the second and third tests, you can change the smoothing algorithm's sensitivity by pressing Up and Down keys if the indicator window is active.

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