RC Range Filtered AlgoAlpha MT4
- Indicateurs
- Francisco Rayol
- Version: 1.0
- Activations: 10
The Range Filtered AlgoAlpha is a technical analysis tool designed to help identify potential trading opportunities by analyzing market volatility. This MT4 adaptation of AlgoAlpha's original TradingView indicator combines several analytical methods to provide visual market assessments.
Technical Features
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Utilizes Kalman filtering for price smoothing
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Incorporates ATR-based bands for volatility measurement
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Includes Supertrend elements for trend analysis
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Provides visual signals through colored candles and markers
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Offers configurable alert options
Functionality
The indicator processes market data to:
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Calculate volatility ranges using ATR
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Apply filtering techniques to reduce market noise
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Display potential trend directions through visual elements
Intended Use Cases
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May assist in volatility-based trading approaches
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Can be used as part of technical analysis for various instruments
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Provides visual reference points for market conditions
Trading involves substantial risk. This indicator is provided for informational purposes only. Users are solely responsible for their trading decisions.