Re: Digital Filter indicators for MT4
Posted: Wed Jan 01, 2020 4:12 pm
RFTL = Reference Fast Trend Line
SATL = Slow Adaptive Trend Line
Now both indicators have alerts, mtf, and multicolors.
You can turn the multicolors on or off.
I notice that these two trend line go hand in hand. I mean they're very close next to each other.
If there's a retracement, then RFTL will change direction. But after that, it should resume in the same trend as SATL.
RFTL changes direction because it's a fast one. Hence its name is "Reference Fast". The slow one is smoother.
If both of them are in the same trend, then we can trade.
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Edit: Please download a new version below. Thank you.
viewtopic.php?p=1295400367#p1295400367
SATL = Slow Adaptive Trend Line
Now both indicators have alerts, mtf, and multicolors.
You can turn the multicolors on or off.
I notice that these two trend line go hand in hand. I mean they're very close next to each other.
If there's a retracement, then RFTL will change direction. But after that, it should resume in the same trend as SATL.
RFTL changes direction because it's a fast one. Hence its name is "Reference Fast". The slow one is smoother.
If both of them are in the same trend, then we can trade.
----------------------------------------------------------------------------------------------------------------------------------
Edit: Please download a new version below. Thank you.
viewtopic.php?p=1295400367#p1295400367