Voss predictive filter

The Voss Predictive Filter by John Ehlers is a new filter indicator that could help signal cyclical turning points in markets. As described by the author, the filter has a negative group delay and while an indicator based on it cannot actually see into the future, it may provide the trader with signals in advance of other indicators.

View of the indicator on the chart:

To add and customize this indicator, you need to open the Indicator Settings Window.

Common

Period - enter period value.

Predict - enter number of bars forward of prediction to be produced.

Channel width - enter channel width.

Misc

Show description of indicator

Drawing

Voss

Show zero values - display zero values.

Scale - if this option is enabled, the scale will be automatically calculated based on the minimum and maximum value of the indicator, so that the indicator would fit on the chart.

Color - choose color.

Visual type - visual setting of the indicator display on the graph:

  • Line
  • Histogram
  • Hash
  • Block
  • Cross
  • Square
  • Dots
  • Up arrow
  • Down arrow
  • Axis label
  • Hide

Line style - setting up the type of line display:

  • Dot
  • Solid
  • Dash
  • Dash - dot
  • Dash - dot - dot

Width - set the thickness of the indicator line.

For Flit item settings are same.

Lines

Zero line

Scale - if this option is enabled, the scale will be automatically calculated based on the minimum and maximum value of the indicator, so that the indicator would fit on the chart.

Color - choose color.

Line style - setting up the type of line display:

  • Dot
  • Solid
  • Dash
  • Dash - dot
  • Dash - dot - dot

Width - set the thickness of the indicator line.

Value - enter value on which level line is situated.

Text - enter inscription to be displayed on line.

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