KT Trend Filter

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KT Trend Filter indicator
MT4 | MT5

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Free Download

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Specs
Release date:November 13, 2019
Last updated:November 13, 2019
Current version:1.0
Product type:Indicator
Requirements:MT4 | MT5
  • Description
  • Comments

"The trend is your friend" is one of the oldest and best-known sayings in financial markets. However, this message only represents half of the picture. The correct saying should be, "The trend is your friend only until it ends."

KT Trend Filter indicator solves this problem by clearly indicating the start of an Uptrend and Downtrend using an averaging equation on the price series. If the trend direction is not clear, it shows the trend as sideways showing the uncertainty in the market.

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Screenshots

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