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  • Reviews (8)
  • Comments (34)
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ACB Trade Filter MT4

The ACB Trade Filter indicator provides a solution for filtering out the low probability trading setups in a trading strategy. The indicator uses a sophisticated filtration algorithm based on the market sentiment and trend.


Applications

  • Works great with our indicator "ACB Breakout Arrows".
  • Filter out low probability signals from any indicator.
  • Avoid overtrading and minimize the losses.
  • Trade in the direction of market sentiment and trend.
  • Avoid the choppiness in the market.


How to use

  • Only Long Trades if Histogram is green and Trend is bullish.
  • Only Short Trades if Histogram is red and Trend is bearish.
  • Avoid trading if the Histogram is gray or Trend is sideways.


Input Parameters

  • History Bars: The no. of bars on the chart to consider for indicator's data and calculation.
  • Filter mode: Normal filtration or Hard filtration.
  • Trend Detector: Show/Hide the trend direction.
  • Trend_Corner: Chart corner to display the trend direction.


For EA developers

Use the following code to import this indicator into your EA.

#define val 1.5 

// Reading the histogram

if(iCustom(NULL,0,"Market/ACB Trade Filter",0,1)==val) // Histogram is green
if(iCustom(NULL,0,"Market/ACB Trade Filter",1,1)==val) // Histogram is red
if(iCustom(NULL,0,"Market/ACB Trade Filter",2,1)==val) // Histogram is gray

// Reading the trend direction

if(iCustom(NULL,0,"Market/ACB Trade Filter",3,1)==1) // Trend is bullish
if(iCustom(NULL,0,"Market/ACB Trade Filter",3,1)==-1) // Trend is Bearish
if(iCustom(NULL,0,"Market/ACB Trade Filter",3,1)==0) // Trend is Sideways


Reviews 8
MLDCRED
34
MLDCRED 2017.09.18 12:15 
 

A must have indicator to filter out bad signals from any entry indicator specially the ACB Breakout Arrows.

virtuado
26
virtuado 2017.07.31 13:28 
 

Great indicator, and together with acb breakout arrows a profitable combination.

Good support aswell!

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(SALE : 10% Discount for the first 10 buyers this month before I put the price UP) Last market review  ( 651pips PROFIT in 1 week) Webinar Link :    https://www.youtube.com/watch?v=Sk1qdZUNIus Another market review(1156 pips in 1 week) https://www.youtube.com/watch?v=ekUkl1ITWH0 All users are FREE to join our telegram group. Just send your receipt to me then I will send an invite to you. WELCOME to the very new algorithm in the market which you have never seen before.  MACD Currency Stre
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Range Trader For Multi Pair And Multi Time Frame
Range Trader For Multi Pair And Multi Time Frame
ScorpionFX
(FOR MT4)   Range Trader Multi Pair And Multi Time Frame : This indicator has been designed to automatically identify high probability range trading opportunities. The goal is to find non trending pairs that are coming off a recent high / low. And this indicator uses two filters (RSI and ADX) to identify these opportunities. IMPORTANT FACTORS TO KEEP IN MIND: The FX market is range bound  at least  70% of the time. And range trading has several distinct advantages that make it safer and more
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TPA True Price Action MT4 Indicator
TPA True Price Action MT4 Indicator
InvestSoft
TPA True Price Action indicator reveals the true price action of the market makers through 100% non-repainting signals (except early signals mode) strictly at the close of a candle! TPA shows entries and re-entries, every time the bulls are definitely stronger than the bears and vice versa. Not to confuse with red/green candles. The shift of power gets confirmed at the earliest stage and is ONE exit strategy of several. There are available now two free parts of the TPA User Guide for our cust
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MaxiFinishTrend 2
MaxiFinishTrend 2
Stsiapan Kreidzich
(Today price/2).   All signals. Smart trading system.  Popular indicators give two signals - BUY and SELL, and you have to choose and put Take Profit. Usually it works quickly and the trend goes in your favor, but the indicator is “silent” until the trend change. You miss most of the profit. The first idea of MaxiFinish : give a third signal - GET PROFIT (CLOSE) when the trend line changes the slope or the M15 and M30 stochastics have reached an extremum and the profit began to decline. If, o
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Currency Strength Exotics
Currency Strength Exotics
Bernhard Schweigert
CURRENTLY 20% OFF !!   Best Solution for any Newbie or Expert Trader! This Indicator is specialized to show currency strength for any symbols like Exotic Pairs Commodities, Indexes or Futures . Is first of its kind, any symbol can be added to the 9th line to show TRUE CURRENCY STRENGTH of Gold, Silver, Oil, DAX, US30, MXN, TRY, CNH etc. This is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. Imagine how your
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Blahtech Market Profile
Blahtech Market Profile
Blahtech Limited
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using. Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
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KT CCI Divergence Robot MT4
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KT Stochastic Divergence Robot MT4
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KT Stochastic Divergence robot is a 100% automated expert advisor that trades regular and hidden divergence built between the price and Stochastic oscillator. The divergence signals are fetched from our freely available Stochastic Divergence indicator. Not every divergence ends up in a successful price reversal, that's why this ea combines the raw divergences signals with its inbuilt technical analysis module to exploit the price inefficiency that occurs after some selected divergence signals
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KT Murrey Math Robot MT4
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KT Murrey Math robot incorporates a trading strategy that explicitly trades the price bars that crossed above or below a Murrey Math level.  Entries: A buy order is placed when a bar closes above a Murrey Math level. A sell order is placed when a bar closes below a Murrey math level. Exits: EA places the stop-loss and take-profit always at the subsequent Murrey Math levels. MT5 Version is available here  https://www.mql5.com/en/market/product/45406 Features This EA combines a simple Murrey
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KT Trend Trading Suite MT4
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KT Trend Trading Suite is a multi-featured indicator that incorporates a trend following strategy combined with multiple breakout points as the entry signals. Once a new trend is established, it provides several entry opportunities to ride the established trend successfully. A pullback threshold is used to avoid the less significant entry points. MT5 Version is available here  https://www.mql5.com/en/market/product/46270 Features It combines several market dynamics into a single equati
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KT Renko Patterns Robot MT4
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In manual trading, many of the trading setups and opportunities provided by the KT Renko Patterns indicator are missed due to sudden price movements on the Renko charts. KT Renko Patterns EA solves this problem by implementing a 100% automated trading strategy based on the "KT Renko Patterns indicator". After fetching the patterns formation and signals directly from the indicator, it performs some pre-checks and assessments to efficiently execute the trading positions. All the dependencies
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KT Candlestick Patterns Robot MT4
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KT Candlestick Patterns Robot is a 100% automated expert advisor based on the KT Candlestick Patterns indicator . After fetching the candlestick patterns and signals directly from the indicator, it performs some pre-checks and assessments to execute the trading positions efficiently. Entries: On the emergence of new candlestick patterns. Exits: The opposite pattern, Neutral pattern, Stop-loss, or Take-Profit. All the dependencies are embedded in the expert advisor. It's not imperative to buy
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ACB Trade Filter MT5
ACB Trade Filter MT5
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ACB Trade Filter indicator provides a way to filtering out the low probability trading entries in a trading strategy. The indicator uses a sophisticated filtration algorithm based on the market sentiment and trend. The MT4 version of the same indicator is available here ACB Trade Filter MT4 Applications Works great with our indicator ACB Breakout Arrows MT5 Filter out low probability signals from any indicator. Avoid over-trading and minimize the losses. Trade in the direction of market sentim
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sunnychow
8695
sunnychow 2018.10.22 16:52 
 

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[Deleted] 2018.03.02 19:42 
 

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Павел
323
Павел 2017.09.19 07:18 
 

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MLDCRED
34
MLDCRED 2017.09.18 12:15 
 

A must have indicator to filter out bad signals from any entry indicator specially the ACB Breakout Arrows.

Lorraine Pierce
6231
Lorraine Pierce 2017.08.06 16:56 
 

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virtuado
26
virtuado 2017.07.31 13:28 
 

Great indicator, and together with acb breakout arrows a profitable combination.

Good support aswell!

alberto1C
79
alberto1C 2017.04.19 14:56 
 

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riyan.aulia
413
riyan.aulia 2017.04.15 04:16 
 

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Reply to review
Version 2.1 2018.10.31
- made some changes in the display text.
Version 2.0 2017.05.19
- The trend is now accessible through indicator's buffer.
- Possible to change the location(corner) of trend information.
- Added alerts to notify a change in the trend direction.