TREND FILTER SETTINGS
Larger-timeframe indicator filters that make sure the EA solely takes entries aligned with the dominant market pattern, considerably bettering commerce high quality and lowering counter-trend entries.
Development filters use indicators calculated on a larger timeframe than the chart timeframe to find out the general market path. You need to at all times choose a timeframe totally different from and better than the chart’s present timeframe for significant pattern affirmation. A number of pattern filters might be enabled concurrently and all enabled filters should agree on path earlier than a commerce is taken. Nevertheless, word that including extra filters produces fewer however doubtlessly higher-quality indicators — there’s a trade-off between sign frequency and affirmation power.
MA Development Filter Settings
Makes use of one or two Transferring Averages to find out the higher-timeframe pattern path. The connection between value and the MAs, or between the 2 MAs, defines whether or not the market is in a bullish or bearish part.
Allow MA Filter
Boolean toggle to allow or disable the Transferring Common pattern filter. When enabled, the EA will solely open lengthy trades when the MA filter signifies a bullish pattern, and solely open quick trades when it signifies a bearish pattern. Trades conflicting with the MA pattern path are blocked.
MA Filter Technique
Defines how the MA pattern path is decided. Three methods can be found:
- Technique 1 — Quick MA vs Sluggish MA Cross: If the Quick MA is above the Sluggish MA, the pattern is taken into account Bullish. If the Quick MA is under the Sluggish MA, the pattern is Bearish. That is the traditional dual-MA crossover pattern filter.
- Technique 2 — Value vs Quick MA: If the present value (shut) is above the Quick MA, the pattern is Bullish. If value is under the Quick MA, the pattern is Bearish. A less complicated and extra reactive filter primarily based on the quicker MA alone.
- Technique 3 — Value vs Sluggish MA: If the present value is above the Sluggish MA, the pattern is Bullish. If value is under the Sluggish MA, the pattern is Bearish. A smoother and fewer reactive filter that focuses on the long-term MA.
Quick MA Settings (MA1)
- Quick MA Timeframe: The timeframe on which the Quick MA is calculated. Choose a timeframe larger than the present chart timeframe for real pattern filtering (e.g., if the chart is M15, use H1 or H4).
- Quick MA Mode: The Transferring Common calculation technique — SMA (Easy), EMA (Exponential), SMMA (Smoothed), or LWMA (Linear Weighted).
- Quick MA Interval: The variety of bars used to calculate the Quick MA. A smaller interval makes the MA extra reactive to current value adjustments.
- Quick MA Shift: Variety of bars to shift the MA ahead or backward on the chart. 0 means no shift (present bar alignment).
- Quick Utilized Value: The worth kind used for MA calculation — Shut, Open, Excessive, Low, Median, Typical, or Weighted value.
Sluggish MA Settings (MA2)
- Sluggish MA Timeframe: The timeframe on which the Sluggish MA is calculated. Ought to usually match or be larger than the Quick MA timeframe for consistency.
- Sluggish MA Mode: The Transferring Common calculation technique.
- Sluggish MA Interval: The variety of bars used to calculate the Sluggish MA. A bigger interval makes the Sluggish MA smoother and fewer reactive, representing the longer-term pattern.
- Sluggish MA Shift: Variety of bars to shift the MA.
- Sluggish Utilized Value: The worth kind used for Sluggish MA calculation.
ADX Development Filter Settings
Makes use of the Common Directional Index (ADX) indicator on the next timeframe to measure pattern power and path. Helps affirm that the market is in a trending (not ranging) state earlier than coming into a commerce.
Allow ADX Filter
Boolean toggle to allow or disable the ADX pattern filter. When enabled, the EA will solely take entries that align with the ADX pattern path and, optionally, meet the required ADX power threshold outlined by the ADX Degree parameter.
ADX Timeframe
The timeframe on which the ADX is calculated. Choose the next timeframe than your chart timeframe to seize the broader pattern context. For instance, if buying and selling on M15, think about using H1 or H4 ADX for pattern path.
ADX Interval
The variety of bars used for ADX calculation. Shorter intervals (e.g., 8) make ADX extra delicate and reactive to pattern adjustments. Longer intervals produce a smoother ADX that displays extra established pattern states.
ADX Value Sort
The worth kind utilized for ADX calculation — usually Shut value. Choices embody Shut, Open, Excessive, Low, Median, Typical, and Weighted.
ADX MA Mode
The Transferring Common smoothing technique used internally by the ADX calculation (SMA, EMA, SMMA, or LWMA). This impacts how rapidly the ADX reacts to pattern adjustments.
ADX Degree
The minimal ADX worth required to contemplate the market as trending. A standard threshold is 20 — readings above 20 point out a trending market. Used along with ADX Technique 1 to filter out weak or ranging market circumstances the place ADX-based indicators are much less dependable.
ADX Filter Technique
- Technique 1 — ADX Degree + DI Course: The pattern is taken into account Bullish solely when the ADX worth is above the ADX Degree AND the +DI (Optimistic Directional Index) is above the -DI (Unfavourable Directional Index). Bearish when ADX is above degree and -DI is above +DI. This ensures the market is each trending strongly and within the appropriate path.
- Technique 2 — DI Course Solely: The pattern is decided solely by which directional index is dominant — Bullish if +DI is above -DI, Bearish if -DI is above +DI. The ADX degree threshold is ignored, making this technique energetic even in ranging markets.
RSI Development Filter Settings
Makes use of the Relative Power Index (RSI) on the next timeframe to outline pattern path primarily based on momentum ranges. RSI above or under outlined threshold ranges signifies bullish or bearish bias.
Allow RSI Filter
Boolean toggle to allow or disable the RSI pattern filter. When enabled, the EA solely enters trades that align with the RSI-defined higher-timeframe pattern path.
RSI Timeframe
The timeframe on which the RSI is calculated for pattern willpower. Select a timeframe larger than your chart’s present timeframe for significant pattern sign filtering.
RSI Interval
The variety of bars used within the RSI calculation. The usual interval is 14. Shorter intervals create a extra risky RSI that adjustments path incessantly; longer intervals produce a smoother and extra steady pattern studying.
RSI Utilized Value
The worth kind used for RSI calculation. Choices embody Shut, Open, Excessive, Low, Median, Typical, and Weighted. Shut value is probably the most generally used setting.
RSI Calculation Mode
- Guide: Makes use of the precise RSI Higher Degree and RSI Decrease Degree values offered by the consumer for all threshold comparisons. Absolutely static thresholds appropriate when you could have a selected examined degree in your technique.
- Auto: Mechanically calculates the complementary decrease/higher degree primarily based on the offered worth. For instance, if the Higher Degree is 60, the Auto mode calculates the Decrease Degree as 100 – 60 = 40. This ensures symmetric thresholds with out handbook enter and is especially helpful throughout backtesting optimization the place just one parameter wants to alter.
RSI Higher Degree
The RSI worth above which the market is taken into account to be in a bearish or overbought state (relying on technique). Usually set round 60–70. In Technique 1, RSI crossing above this degree indicators bearish bias; in Technique 2, it indicators bullish momentum.
RSI Decrease Degree
The RSI worth under which the market is taken into account to be in a bullish or oversold state (relying on technique). Usually set round 30–40. In Technique 1, RSI under this degree indicators bullish bias; in Technique 2, it indicators bearish momentum.
RSI Filter Technique
- Technique 1 — Imply Reversion: When RSI is under the decrease degree, the market is taken into account Bullish (oversold/bouncing). When RSI is above the higher degree, the market is taken into account Bearish (overbought/reversing). Finest for range-bound or mean-reverting circumstances.
- Technique 2 — Momentum: When RSI is above the higher degree, the market is Bullish (robust upward momentum). When RSI is under the decrease degree, the market is Bearish (robust downward momentum). Finest for trend-following methods the place RSI extremes affirm pattern continuation.
MACD Development Filter Settings
Makes use of the Transferring Common Convergence Divergence (MACD) indicator on the next timeframe to find out pattern path primarily based on the MACD line’s place relative to zero or its sign line.
Allow MACD Filter
Boolean toggle to allow or disable the MACD pattern filter. When enabled, the EA solely enters trades within the path confirmed by the MACD on the configured larger timeframe.
MACD Timeframe
The timeframe on which the MACD is calculated for pattern filtering. The next timeframe than the chart timeframe gives broader pattern context and reduces false indicators from short-term value noise.
MACD Brief Interval
The quick EMA interval utilized in MACD calculation. The MACD line is computed because the distinction between the quick and gradual EMAs. The usual worth is 12. A smaller worth makes the MACD extra delicate to current value actions.
MACD Lengthy Interval
The gradual EMA interval utilized in MACD calculation. The usual worth is 26. A bigger worth gives the baseline for measuring divergence from the quicker EMA. The hole between quick and gradual intervals determines MACD sensitivity.
MACD Sign Interval
The EMA interval utilized to the MACD line to supply the sign line. The usual worth is 9. The sign line smooths the MACD values and is utilized in Technique 2 for crossover-based pattern detection.
MACD Utilized Value
The worth kind used for MACD’s underlying EMA calculations. Shut value is commonplace, however different varieties (Open, Excessive, Low, Median, Typical, Weighted) might be chosen for personalized sensitivity.
MACD Filter Technique
- Technique 1 — MACD vs Zero Line: When the MACD line is above 0, the pattern is Bullish. When the MACD line is under 0, the pattern is Bearish. It is a easy and sturdy pattern path filter primarily based on the elemental interpretation of MACD.
- Technique 2 — MACD vs Sign Line: When the MACD line is above the Sign line, the pattern is Bullish. When the MACD line is under the Sign line, the pattern is Bearish. It is a extra reactive filter that responds quicker to pattern adjustments utilizing the crossover between MACD and its sign.
Parabolic SAR Development Filter Settings
Makes use of the Parabolic SAR (Cease and Reverse) indicator on the next timeframe to determine pattern path. The SAR dot place relative to cost gives a transparent visible and computational indication of the present pattern.
Allow SAR Development Filter
Boolean toggle to allow or disable the Parabolic SAR pattern filter. When enabled, the EA solely enters trades within the path confirmed by the SAR place or path on the configured larger timeframe.
SAR Timeframe
The timeframe on which the Parabolic SAR is calculated. Choose the next timeframe than the chart’s present timeframe to make use of it as a pattern context filter slightly than an entry sign. For instance, if buying and selling on M15, use H1 or H4 SAR for pattern path.
SAR Step
The acceleration issue step for the Parabolic SAR calculation. The usual worth is 0.02. This defines how rapidly the SAR dot accelerates towards the worth because the pattern continues. A smaller step produces a SAR that follows value extra slowly (fewer reversals); a bigger step produces a extra reactive SAR.
SAR Most
The utmost acceleration issue for the Parabolic SAR. The usual worth is 0.2. This caps how rapidly the SAR acceleration issue can develop, stopping the SAR from hugging value too intently throughout prolonged trending strikes.
SAR Filter Technique
- Technique 1 — Value vs SAR Place: When value is above the SAR dot (SAR is under value), the pattern is Bullish. When value is under the SAR dot (SAR is above value), the pattern is Bearish. That is the most typical and easy SAR interpretation.
- Technique 2 — SAR Flip Course: The pattern path is decided by the newest SAR flip (reversal). When SAR flips from above value to under value, the pattern turns into Bullish. When SAR flips from under value to above value, the pattern turns into Bearish. This technique reacts particularly to pattern change moments slightly than the present SAR place.