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OptimaFilter indicator calculation is based on neural network theory and is adjusted by mathematical formula created by the author of this indicator. The product has been developed specifically for confirmation of the power of a trend starting to swing. This indicator features high accuracy and is easy to use for both beginner and professional traders. It is suitable for all symbols available in MetaTrader (Forex, stock, metal, etc.).
You can use free version this indicator here PowerTrendFilter.
How to Use
OptimaFilter indicator only filters signal confirmation, so this indicator does not have any direction Buy or Sell.
This indicator is sensitive to data, so the signals will be different for every server. Please try free version and test it with your broker server.
More advantage from this version is that it only shows signals that have potential power of a trend starting to swing and signals with best probabilities.
OptimaFilter indicator can works well with standard MT4 indicators:
- Moving Averages
- Heiken Ashi
- Stochastic Oscillator
- alert—Set pop-up notification when the signal appears: true—Alert on, false—Alert off.
- candlecount—How many candles are counted on the chart.
1. SMA = Simple Moving Average, Condition price cross SMA.
2. CCI = Commodity Channel Index, Condition CCI above or below level.
3. RSI = Relative Strength Index, Condition RSI cross level.
4. MACD = MACD, Condition MACD leave overbought/oversold.
5. Heiken Ashi = Condition Heiken Ashi turning color.
6. Stochastic Oscillator = Stoch cross at above/below level.
7. Big Move = Early signal price will be move faster and leave far away.
Arrow UP Or DOWN = Buy or Sell from condition above, point 1-6 except point 7.