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You liked the script? Try it in the MetaTrader 5 terminal
- Views:
- 10485
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- Published:
- 2019.02.17 18:17
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Theory :
This one was published long time ago using Kalman filter name (among other publications, you can check this one too : Kalman filter - a version for mt4). Kept the name and made it use what metatrader 5 can do now : being applied to another indicator data
PS: the color of the indicator is nor based on the slope of the indicator, but on the internal "velocity" that is calculated in the process of calculating this indicator
Usage :
Apply it to price or any other indicator you wish to use and see what the filter shows you. You can use color changes as signals
![Kalman filter - multi time frame version](https://c.mql5.com/i/code/indicator.png)
Short description.
![Kalman velocity - multi time frame version](https://c.mql5.com/i/code/indicator.png)
Kalman velocity - multi time frame version