Advanced Trend Filter

Advanced trend filtering software using complex algorithms that can be used as the supporting tool or system.

Features

Functions mainly as a filter to help you trade in the direction of the trend. It works in any pair or timeframe

• Unique trend detection that avoids whipsaws and uncertain market noise
• Analyzes local maximums, minimums, open/close/high/low, and averages out with specific mathematical functions to detect trend reversal in different timeframe
• Minimize pullbacks, whipsaws, and noises to maximize profits
• Flexible tool, can enable email alert and popup message alert

Trading Rules

• Entry Point
• Use the Advanced Trend Scanner to identify trends
• Buy when a white UP arrow shows up AND the Advanced Trend Scanner is also uptrend
• Sell when a white DOWN arrow shows up AND the Advanced Trend Scanner is also downtrend
• Exit Strategy
• Exit will depend on traders discretion and system
• Support/Resistance Areas
• Reversal signals from the Advanced Trend Scanner
• Default Exit Condition
• Exit trades once the Advanced Trend Scanner AND the Advanced Trend Filter indicates reversal signals
• Partially close trades when one of the two indicators show a reversal signal

Multi-Timeframe

• Multi Timeframe
• H1 or D1 works most optimal
• The filter takes into consideration M15 trends in the logic so just use H1 or D1
• Supporting Tool
• Use as trend filter for the Advanced Trend Scanner signals
• Auto color feature for light and dark charts

Other Features

• Never repaints
• Never back paints
• Never recalculates
• Signals strictly on the "Close of the bar"
• Compatible with Expert Advisor development