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Coral Trendfilter

Exported using NT Version 7.0.1000.16

This is an indicator adapted from a C# implementation for cTrader. It is a simple linear IIR filter. The indicator is widely available for MetaTrader 4 in Forex fora, but I have not checked the C# version against the original mq4 files.

When price is above the Coral filter, only consider a long position. When price is below the indicator, only consider a short position.

Detailed information on the indicator is available here:

https://www.forexfactory.com/showthread.php?t=127271

The indicator comes with a trend indication based on the slope of the linear filter. The neutral range can be adjusted via the threshold parameter. The trend can be displayed via paintbars. The trend state is exposed via an IntSeries() and be directly called from a strategy.

Category NinjaTrader 7 Indicators

Details: Coral Trendfilter
Category: NinjaTrader 7 Indicators

October 27th, 2013
Size: 4.99 KB
Downloaded: 1437 times

Keywords: coral filter iir trendfilter

Comments/ratings

theidman October 29th, 2013 10:52 PM

Thank You

tcwairoa October 31st, 2013 01:22 AM

Thank you

romus November 2nd, 2013 08:36 PM

Another good one!

Hammerhorn November 3rd, 2013 01:33 AM

Thanks again

rfiske November 5th, 2013 12:12 AM

Fat Tails > another of the many GREAT indicators that you have contributed to ALL of us!

Many thanks > for all the fine indicators that i use of yours.

ClayB1 November 5th, 2013 07:32 PM

Many Thanks!!

jiggles November 7th, 2013 02:09 PM

NIce looking indicator...will give it a go.

JoyNinjaTrader November 24th, 2013 03:50 AM

Thank you very much... you are very generous

xpert November 26th, 2013 06:10 PM

No Comment

rmejia July 13th, 2014 09:27 AM

Thank you for all of your indicators!!!

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