Az Filter Trend Signal
- Индикаторы
- Rodrigo Ivan Ahumada Pena
- Версия: 1.0
Az Filter Trend Signal is a high-precision trading tool that combines statistical analysis with advanced trend filtering. By utilizing the Z-Score algorithm, this indicator normalizes price action to identify how far the current price is from its statistical mean, effectively filtering out market noise.
The core of the indicator is a smoothed Signal Line (EMA) derived from the Z-Score. This line features a dynamic color-coding system based on its slope and a customizable sensitivity threshold, allowing traders to stay on the right side of the trend while avoiding flat or sideways market conditions.
How to use it:
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Green Line: Indicates a statistically significant bullish momentum.
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Red Line: Indicates a statistically significant bearish momentum.
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Gray Line: Indicates a neutral or "squeeze" zone where the trend is not yet defined (ideal for avoiding false entries).
Key Parameters:
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Z-Score Periods: Statistical window for price normalization.
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Signal EMA Periods: Smoothing period for the Signal Line.
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Threshold: The "Sensitivity Filter." Higher values make the indicator more conservative, requiring stronger movements to change color.
