MA Filter

١٠ سبتمبر ٢٠٢٠

MA Filter is a volatility indicator inspired by the Braid Filter and WAE indicators.

Calculation:

Is absolute value of [close - sma(close,n)] > m*ATR(n2) ?

where...
n - sma length
m - atr multiplier
n2 - atr length

If yes, high volatility, histogram is orange, trading is allowed.
If no, low volatility, histogram is grey, trading is not allowed.

Enjoy ;)