Kalman Cone Forecast MT5

Kalman Cone Forecast MT5

Kalman Filter indicator for MT5 with adaptive trend smoothing, a forward price prediction cone, volatility bands and non-repainting exhaustion dots.

Find Clarity in Noisy Markets

Short-term price noise makes it hard to tell a real move from random wiggles. Ordinary moving averages either lag too much or react to every spike. Kalman Cone Forecast gives you a clean trend line, a realistic price range ahead, and a clear answer on whether conditions suit a trade.

Kalman Filter Trend Indicator

The adaptive price line follows the market without the lag of ordinary moving averages. It adjusts to changing market noise by itself, so you do not need to re-tune it every session. Volatility bands around the line show the normal price range.

Price Prediction Cone

• Inner, middle and outer zones are labelled with their probability levels.
• The projected centre line carries a TP label as a reference target.
• A narrow cone means a calm, readable market. A wide cone means more uncertainty.
• The cone is a statistical projection, not a promise that price stays inside it.

Non-Repainting Exhaustion Dots

Dots mark candles where a move looks stretched and tired. They are confirmed on candle close, never repaint once printed, and are spaced out so the chart stays clean. A dot is a warning, not an automatic reversal signal.

Signal Panel

The panel shows the market state in plain words.

• Filter: LOCKED, TRACKING or SEARCHING — how well the line is following price right now.
• Signal: TRADE, CAUTION or STAND DOWN — whether conditions suit a trade. These are market-quality states, not BUY or SELL instructions.
• Trend: UP, DOWN or FLAT, with speed in ATR per bar and the trend angle.
• Cone width in ATR, so you can compare calm and wild sessions across symbols.

Reaction Mode

Choose Slow, Auto or Fast. Slow ignores small noise, Fast reacts sooner, Auto picks a balance for you.

Alerts and EA Integration

• Alerts on signal change, trend flip and new exhaustion dots.
• Pop-up, sound, push notification and email.
• Buffers for signal state, trend direction and cone width, ready for your own Expert Advisor.

Suggested Workflow

1. Check the Filter state; LOCKED is the cleanest reading, SEARCHING the least reliable.
2. Check the Signal; skip STAND DOWN.
3. Read the trend direction, speed and cone width.
4. Watch for exhaustion dots before chasing an extended move.
5. Combine with your own strategy and risk rules.

Who It Is For

Intraday traders on forex, gold and indices who want a smooth trend line, a realistic price range ahead, and a clear signal to trade or stand aside. Tuned for M5, also works on M15 and H1.

Key Features

• Adaptive Kalman Filter trend line
• Forward price prediction cone with probability zones
• Volatility bands
• Non-repainting exhaustion dots, confirmed on candle close
• TRADE / CAUTION / STAND DOWN signal panel
• Slow, Auto and Fast reaction modes
• Pop-up, sound, push and email alerts
• EA-ready buffers
• MT4 and MT5 versions — try the free demo first

Kalman Cone Forecast — filter the noise, measure the pressure, understand the uncertainty.

Forecasts and exhaustion readings are statistical estimates. They do not guarantee market direction, reversal timing or profitable results.