The ACB Trade Filter indicator filters out unlikely entry trading signals in the trading strategy. The product uses a sophisticated filtering algorithm based on market sentiment and trends. A version of this indicator for MetaTrader 4 is also available: ACB Trade Filter MT4

• Works well in combination with the ACB Breakout Arrows MT5 indicator
• Filters out the unlikely signals of any indicator.
• Avoids too frequent trades and minimizes losses.
• Trades in the direction of market sentiment.
• Copes well with volatility.

• Only open long positions if the histogram is green and the trend is bullish.
• Open only short trades if the histogram is red and the trend is bearish.
• You should refrain from trading if the histogram is gray and the trend is sideways.

• History Bars: the number of bars on the chart to calculate the indicator.
• Filter mode: filter mode (Normal/Hard).
• Trend Detector: show/hide the direction of the trend.
• The names of the other parameters speak for themselves.

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