Two Pole Butterworth Filter – MT4 Indicator

Two Pole Butterworth Filter Indicator Screenshot

two pole butterworth Filter indicator

on Euro USD Chart – 1 Hour Time Frame

The author made it based on John F. Ehlers book called “Cybernetic Analysis for Stocks and futures”.  Now, it is available for MT4 platform to trade on forex. :)

Two Pole Butterworth Filter Indicator Features

Input Parameters And Default Setting:

  • Cut Off Period: 15
  • Shift: 0

Details:

Note: Some traders use it as an alternative of Exponential Moving Average (EMA).