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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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Published

06 April 2018

Updated

Current Version

1.0

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