KT Gaussian Trend Filter MT5
- Indicators
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KEENBASE SOFTWARE SOLUTIONS
Welcome to Keenbase Trading,
📢 Join our Telegram for real-time updates & algo trading tips: https://t.me/keenbasetrading - Version: 1.0
- Activations: 10
The KT Gaussian Trend Filter combines Gaussian filtering with linear regression smoothing to deliver clear and accurate trend analysis. It generates easy-to-follow buy and sell signals while effectively highlighting the market's long-term direction.
Features
- Fully Customizable Gaussian Filter: Adjust length and pole settings to fine-tune smoothing precision and enhance trend clarity.
- Linear Regression Enhancement: Further refines the Gaussian smoothing, minimizing false signals caused by market volatility.
- Multi-Timeframe Scanner: Automatically detects the Gaussian trend direction across multiple timeframes and displays it in a clear, easy-to-read dashboard.
- Trailing Band Feature: Easily identify pullback entries during extended retracements within the prevailing trend.
- Customizable Color Settings: Personalize indicator's colors effortlessly to match your chart layout and trading style.
- Inbuilt Alerts: Receive instant notifications via pop-ups, email, push notifications, and sound alerts.
Usage
The indicator gives straightforward signals that help traders figure out when to get in and out of a trade. One simple and effective way to use it is by looking for trend continuation setups after a pullback. The filter does a solid job of showing when the pullback is likely done and the main trend is back in play.
Multi-Timeframe Analysis: Apply the indicator to multiple timeframes for a broader view of trend alignment and to fine-tune entries.
Keep Smoothing in Check: Excessive smoothing may blur important price reactions. Adjust settings to balance trend clarity and responsiveness.
Inputs
- Gaussian Period – Defines the length of the Gaussian filter used for smoothing the price data.
- Poles – Controls the smoothness level of the Gaussian filter. Higher values produce smoother signals by reducing more market noise.
- Regression Smoothing Period – Sets the length for the linear regression smoothing applied after the Gaussian filter to further refine the trend line.
- Flatten Multiplier – Adjusts the impact of the smoothing algorithm to suppress minor fluctuations and emphasize the dominant trend.
- Enable Mid Trend Signals (true/false) – Allows or disables signal generation during ongoing trends, helping traders catch entries beyond the initial trend shift.
- Enable Trailing Bands (true/false) – Toggles the display of trailing bands, which assist in spotting pullback entries within an active trend.
