Re: Range Trading & Sideways Market filters for MT4
Posted: Wed Oct 31, 2018 5:29 pm
2,2,1,2,150 i Think
Range Trading & Sideways Market filters for MT4
Page 7 of 9
Re: Range Trading & Sideways Market filters for MT4
Posted: Thu Nov 15, 2018 2:04 am
How do you use it?
Re: Range Trading & Sideways Market filters for MT4
Posted: Sun Jun 30, 2019 9:53 am
Can you post screenshot of your input settings? I can't get anything like what your showing no matter what I choose.
Re: Range Trading & Sideways Market filters for MT4
Posted: Wed Jul 03, 2019 9:46 pm
Signal To Noise Filter for MT4
This is the Signal To Noise Filter which was first coded by Luis Guilherme Damiani. It's an ideal sideways filter to guide traders on when to stay out of the market and was upgraded by Mladen several years ago with additional options like Deviations Method and various code optimizations.
What does it do?
The purpose of this indicator is to identify market phases that have too small amplitudes. These phases are useless even for systems designed for trading ranges markets.
Conditions for trading
For the Histogram Bars version, please see: Signal To Noise Filter Histogram indicator.
This is the Signal To Noise Filter which was first coded by Luis Guilherme Damiani. It's an ideal sideways filter to guide traders on when to stay out of the market and was upgraded by Mladen several years ago with additional options like Deviations Method and various code optimizations.
What does it do?
The purpose of this indicator is to identify market phases that have too small amplitudes. These phases are useless even for systems designed for trading ranges markets.
Conditions for trading
- When the Green line is BELOW the gray line - DON'T take any trades
- When the Green line is ABOVE the gray line, this signals strong volatility and trending markets. Trades into the direction of the trend are permitted
For the Histogram Bars version, please see: Signal To Noise Filter Histogram indicator.
Re: Range Trading & Sideways Market filters for MT4
Posted: Thu Jul 25, 2019 1:00 am
Hi Jimmy,Jimmy wrote: Wed Jul 03, 2019 9:46 pm This is the Signal To Noise Filter which was first coded by Luis Guilherme Damiani. It's an ideal sideways filter to guide traders on when to stay out of the market and was upgraded by Mladen several years ago with additional options like Deviations Method and various code optimizations.
As explained by Luis Guilherme Damiani:
The purpose of this indicator is to identify market phases that have too small amplitudes. These phases are useless even for systems designed for trading ranges markets. When the green line is BELOW the gray line - DON'T trade.
As explained by Mladen:
Upgraded Luis Guilherme Damiani's signal to noise indicator with new options added.
Do you know if there's a histo version of this? (with histogram for diference between the two lines, cause seems interesting that "strength" analysis).
Thanks.
Re: Range Trading & Sideways Market filters for MT4
Posted: Thu Jul 25, 2019 5:01 pm
losajoca wrote: Thu Jul 25, 2019 1:00 am
If not maybe it can go to the "to do list" (if there's one…)?
Thanks.
Re: Range Trading & Sideways Market filters for MT4
Posted: Mon Oct 28, 2019 11:15 am
From the screenshot I think it is this one. A rather unusual setting but works like on the shot.Bleemus wrote: Sun Jun 30, 2019 9:53 am
Can you post screenshot of your input settings? I can't get anything like what your showing no matter what I choose.
Re: Range Trading & Sideways Market filters for MT4
Posted: Thu Jan 23, 2020 9:12 pm
is posible in this Sideways Detector have in the middle a line that is the average price of this phase ?mosiskv wrote: Tue Oct 17, 2017 4:58 am Hi
Try this by mw108 - Platform Tech - Most Simple Sideways Detector - (credit to mw108)
Cheers
Re: Range Trading & Sideways Market filters for MT4
Posted: Fri Nov 06, 2020 4:31 pm
Hi therefriend4you wrote: Thu Sep 28, 2017 10:50 pm There are possibilities, but I like bands more, posted here:
NZDUSD 5 min:
nu bands f4y Screen_20170928_144657.png
where can i get the setting for trend direction force and index as similar in this picture. Please advised
Thanks
Re: Range Trading & Sideways Market filters for MT4
Posted: Mon Jan 18, 2021 3:04 pm
Hello there.
I have been a member here for a short while and am blown away by the great work
done by all the contributers here, especially Mr tools and Mladen.
It seems medotrader has not responded.
I too would like an histogram version of this indicator.
Please see attached pic.
When the Blue line is above the black, the histo could be green
and when it is below the black it could be orange.
Similar to the Red/Blue Histo in the attached pic.
Thank you so much in advance.
PS: For the Histogram version, please see here: Damiani Volatmeter Histogram for MT4