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  • Reviews (2)
  • Comments (4)
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Kalman Retracement Indicator

5

NOTE!: The trend vote and the buy sell option shall match to the same direction before you put a trade!!


Indicator that uses Kalman filters (same as used on autonomous vehicles for data fusion between different sensors / technologies such as RADAR, LIDAR and Camera with Artificial Intelligence for object detection) by using the high and low price in order to identify buy and sell signals as indicated on the graph.


This indicator can be used on any timeframe with any currency or symbol.


This indicator automatically adjust the Sell and Buy limits for putting orders as indicated by the chart in real time based on logic and arithmetic.


When the high speed filtered signal cross up the low speed bullish signal it indicates a retracement to a bullish state and the indicator automatically adjust to it, same in the opposite direction.


The indicator automatically detects high risk and indicates when to close the signals based either by high risk conditions, a retracement or even a break trough a limit.

Reviews 2
John Winsome Munar
3471
John Winsome Munar 2022.06.17 23:56 
 

Good indicator for manual trading

provo2020
205
provo2020 2022.06.13 11:01 
 

Nice indicator, works perfect. Easy to follow and trade.

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John Winsome Munar
3471
John Winsome Munar 2022.06.17 23:56 
 

Good indicator for manual trading

provo2020
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provo2020 2022.06.13 11:01 
 

Nice indicator, works perfect. Easy to follow and trade.

Reply to review
Version 3.531 2022.06.20
Bug corrected that was causing all the project to stop working
Version 3.521 2022.06.20
//+----------------------------------------------------------------------
//| 3.521 | 6/19/2022 | Miguel Marina | - Bug fix for retracement
//| | | | that was inverted for
//| | | | Kalman Bands
//| | | | - New functionality added
//| | | | to filter the candle
//| | | | information for open,
//| | | | median, high, low and
//| | | | close prices to be used
//| | | | as "awesome" signal
//| | | | instead of Kalman common
//| | | | filtered signal named
//| | | | "noisy" signal.
//| | | | - Configuration updated
//| | | | to increase performance
//| | | | without affecting
//| | | | functionality by
//| | | | increasing
//| | | | the sample window to 50
//| | | | bars
//| | | |
//+----------------------------------------------------------------------
Version 3.420 2022.06.20
Bug corrected
Version 3.410 2022.06.19
Awesome Kalman signal added to substitute the noisy Kalman signal to increase precision
Version 3.300 2022.06.14
Updated to run in parallel 2 versions of the bands, one fast and one slow, and compare the result of both before confirming the trend.

NOTE: The trend may be in different direction than the buy or sell option, this is due to market fluctuations, so follow the signal only when both, the trend and the sell or buy option match each one!!!
Version 3.200 2022.06.12
New functionality added
Version 3.100 2022.06.09
Functionality modified for reliability
Version 3.10 2022.06.08
Name changed to Kalman Bands and bug corrected
Version 2.412 2022.06.06
Bear bounce and Bull bounce added
Version 2.402 2022.06.06
Logic modified to be more precise by adding a filtered mid kalman signal to identify bounce conditions
Version 2.400 2022.06.05
Added functionality to run 4 algorithms in parallel and compare the output to display the trend on the top corner right and when to buy, sell or close your tickets.
Version 2.330 2022.06.04
Bug corrected for detecting correctly Fibonacci retracements.
Version 2.321 2022.06.03
Bug corrected to display fibonacci retracement when other levels are cross.
Version 2.311 2022.06.03
Bug corrected to invert colors of Fibonacci retracement
Version 2.301 2022.06.03
Functionality added to indicate when to close buy or sell tickets
Version 2.300 2022.06.03
Fibonacci retracement logic added
Version 2.224 2022.06.03
Bullish and Bearish corrections
Version 2.223 2022.06.03
Descriptions changed to explicitly say when to buy, when to sell, when to do martingale and when to close tickets.
Version 2.222 2022.06.03
Resistance and support levels added
Version 2.212 2022.06.02
Bug found and corrected
Version 2.202 2022.06.02
All code has been improved to run in classes (object oriented) to optimize it's execution
Version 2.201 2022.06.01
Bug found and corrected
Version 2.2 2022.06.01
Redundancy added to avoid unstable signals
Version 2.1 2022.06.01
New function to identify risk
Version 2.0 2022.05.31
First Beta version containing martingale and automatic limits for buy and sell orders
Version 1.414 2022.05.31
Martingale strategy added
Separate labels for buy and sell added to identify limits on orders
Version 1.413 2022.05.31
Optimization and configuration added
Version 1.412 2022.05.31
First stable version
Version 1.402 2022.05.31
Martingale detection added
Version 1.401 2022.05.31
Detection of reversal displayed on chart added.
Version 1.400 2022.05.31
Bug found and corrected which was causing to always show sell options
Version 1.324 2022.05.31
Added price for buy or sell (high for sell, low for buy)
Version 1.323 2022.05.31
Bugs corrected after testing