Re: Digital Filter indicators for MT4

143
RBCI - Range Bound Channel Index
(on/off button)

Please use this version. It has 3 buttons.

Range Bound Channel Index - is an overall sum of all main market cycles.
Range filter parameters are selected from the current market spectrum.
In simplified formula RBCI (k) = FATL (k)-SATL (k).
RBCI is a quasi-stationary process that is a process with bound spectrum.
When RBCI approaches its local maximum the prices approach the upper border
of the trading channel and when RBCI approaches its local minimum
the prices approach the lower border of the trading channel.

Also watch the divergences.
These users thanked the author Banzai for the post (total 3):
FredericoA, RodrigoRT7, FXchaos

Re: Digital Filter indicators for MT4

144
Banzai wrote: Sun Dec 21, 2025 4:05 am STLM - SLOW TREND LINE MOMENTUM
(on/off button)

Please use this version.
In this version, I was able to make 1 indicator but with 3 buttons.

STLM.png
Hi all, Deepak here 👋
I made a clean standalone STLM (Slow Trend Line Momentum) version based on the original, but optimized for stability + usability True non-repaint 2 Added 1..10 adjustable sliders:

ArrowGapLevelUp (1..10) and ArrowGapLevelDn (1..10) → easy control of arrow distance. 3.SignalFilterLevel (1..10) → reduce noise (higher = fewer arrows).

STLM_Level (1..10) → visual strength scaling of histogram/line. 4.Added MaxHistoryBars cap
These users thanked the author rishimadan for the post:
Banzai

Re: Digital Filter indicators for MT4

145
Banzai wrote: Sun Dec 21, 2025 6:04 am RBCI - Range Bound Channel Index
(on/off button)

Please use this version. It has 3 buttons.

Range Bound Channel Index - is an overall sum of all main market cycles.
Range filter parameters are selected from the current market spectrum.
In simplified formula RBCI (k) = FATL (k)-SATL (k).
RBCI is a quasi-stationary process that is a process with bound spectrum.
When RBCI approaches its local maximum the prices approach the upper border
of the trading channel and when RBCI approaches its local minimum
the prices approach the lower border of the trading channel.

Also watch the divergences.


Arrow gap parameters 1–10: ArrowGapStep_Up and ArrowGapStep_Dn (1..10)

Extra controls: GapStepMultiplier, ArrowATRPeriod, ArrowMinGapPoints

Optimized + stable: closed-bar slope based arrows/alerts, CPU-light redraw by recalculated region

3 buttons: RBCI / UP / DN (states remembered)
These users thanked the author rishimadan for the post:
Banzai