Hans-Werner Blasel Estimation

The Hans-Werner Blasel Estimation is a algorythm trying to simulate the best fit of a time-series. This kind of filter have a reduced lag coefficient compared with the original variable, however large period value can generate high distortion. Also please note the original algorythm is actually really really complex, i tried to remake it the best i can.

I don't have the autorisation of the autor to show the original script, i apologize for that

Somes exemples of the indicator



A exemple of how large period input can damage the estimation



Also use this indicator on heikin-hashi chart,it fit better than in a standard candles chart.

There ares some exemples using this estimation as input or others indicators :



Best