Noise Gate

// This source code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © peacefulLizard50262

//@version=5
indicator("Noise Gate")
// Define the input parameters for the script
alt       = input.bool(false, "Use Source as Input")
source    = input.source(close, "Source")
ratio     = input.float(10, "Ratio", 0.00000001)
level     = input.float(0, "Threshold", 0)
knee_type = input.string("soft", "Knee Type", ["soft", "hard"])

noise_gate(signal, ratio, level, knee_type) =>
    // Calculate the absolute value of the signal
    abs_signal = math.abs(signal)

    // Check the value of the knee_type parameter
    if knee_type == "hard"
        // If the knee_type is "hard", apply a hard knee
        if abs_signal > level
            out = signal
        else
            out = signal / ratio
    else
        // If the knee_type is not "hard", apply a soft knee
        if (abs_signal > level) or level == 0
            // If the absolute value is above the threshold, return the signal as is
            out = signal
        else
            // If the absolute value is below the threshold, calculate the soft knee ratio
            soft_knee_ratio = 1 - (level - abs_signal) / level
            // Reduce the amplitude of the signal by the soft knee ratio
            out = signal * soft_knee_ratio

    // Return the filtered signal

plot(noise_gate(alt ? source : volume, ratio, level, knee_type))