OPEN-SOURCE SCRIPT
hecate chop filter
Updated
Chop Filter to remove lateral trade under a threshold. Change the FilterOut parameter to filter all you want. Example of a model using it with a filtering of 0.003 (use to filter out to the level you prefer):
i.imgur.com/6uzZHyu.png
i.imgur.com/6uzZHyu.png
Note
Updated script to lag less and be more clearOpen-source script
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 publication is governed by House rules. You can favorite it to use it on a chart.
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