Twin range filter pro trend signal
- Indicators
- Version: 3.0
- Activations: 10
Twin Range Filter Pro — Trend & Signal Indicator for MetaTrader 5
The Twin Range Filter Pro is a powerful trend-following indicator that combines two smoothed range filters (Fast & Slow) to accurately detect market trend direction and generate precise Buy/Sell signals.
Unlike simple moving averages, this indicator adapts dynamically to market volatility, reducing noise and false signals significantly.
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HOW IT WORKS
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The indicator calculates two smoothed ATR-based range bands:
- Fast Range — reacts quickly to short-term price movements
- Slow Range — filters out noise for stable trend direction
Both ranges are combined into a single dynamic filter line (TRF Line) that:
✔ Turns GREEN when price is in an UPTREND (Bull)
✔ Turns RED when price is in a DOWNTREND (Bear)
✔ Plots a BUY arrow (▲) when trend switches from Bear to Bull
✔ Plots a SELL arrow (▼) when trend switches from Bull to Bear
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KEY FEATURES
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✦ Dual smoothed range filter (Fast + Slow)
✦ Color-coded trend line — Green (Bull) / Red (Bear)
✦ Buy & Sell arrow signals at trend reversals
✦ Fully customizable periods and multipliers
✦ Works on ALL symbols — Forex, Gold, Indices, Crypto
✦ Works on ALL timeframes — M1 to MN
✦ Adjustable arrow offset for clean chart display
✦ Custom arrow codes supported
✦ Lightweight — minimal CPU usage
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INPUT PARAMETERS
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[ Source ]
- Price Source — Select price type (Close, Open, High, Low, Median, Typical, Weighted)
[ Fast Range ]
- Fast Period (default: 27) — Lookback period for the fast range filter
- Fast Multiplier (default: 1.6) — Sensitivity multiplier for the fast range
[ Slow Range ]
- Slow Period (default: 55) — Lookback period for the slow range filter
- Slow Multiplier (default: 2.0) — Sensitivity multiplier for the slow range
[ Signal & Style ]
- Show Buy/Sell Arrows — Enable or disable signal arrows
- Arrow Offset — Distance of arrow from candle (multiplier of SmRng)
- Line Width — Thickness of the TRF trend line
- Buy Arrow Code — Custom arrow symbol code for Buy signal
- Sell Arrow Code — Custom arrow symbol code for Sell signal
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RECOMMENDED SETTINGS
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For Scalping (M1–M15):
Fast Period: 14 | Fast Mult: 1.2 | Slow Period: 27 | Slow Mult: 1.6
For Swing Trading (H1–H4):
Fast Period: 27 | Fast Mult: 1.6 | Slow Period: 55 | Slow Mult: 2.0
For Position Trading (D1–W1):
Fast Period: 55 | Fast Mult: 2.0 | Slow Period: 100 | Slow Mult: 2.5
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NOTES
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- This indicator does NOT repaint on confirmed bars
- Signals appear on bar close for maximum reliability
- Best used with support/resistance or candlestick confirmation
- Not a standalone system — use proper risk management
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If you enjoy this indicator, please leave a review!
For questions or custom settings, feel free to contact me.
