Ankit_1618

Torben Bands

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Extending the Works of Torben Mogensen, on Torben Median

Median Filtering is an important technique !
The median filter is a non-linear digital filtering technique, often used to remove noise from an image or signal. Such noise reduction is a typical pre-processing step to improve the results of later processing (for example, edge detection on an image). Median filtering is very widely used in digital image processing because, under certain conditions, it preserves edges while removing noise (but see the discussion below), also having applications in signal processing.

How its made?

Torben Medians of high and low of period of 21 are combined with ATR adjustments and plotted over the price

Enjoy!
Скрипт с открытым кодом

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

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Masters in Quantitative Finance,
University of London .

Algorithmic Trading Certifications
University of Oxford, Säid Business School .

Electronics and Communications Engineer at core .

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