KBL Trend Filter is a combination of Average true range and range breakout settings. When KBL Trend -Filter Vertical line indicated with Green color and price cross over the candle on which the green vertical indicator came, then it is considered as a buy trades. And same for sell trade, When KBL Trend -Filter Vertical line indicated with Red color and price cross below the candle on which the Red vertical indicator came, then it is considered as a sell trades.
Change-log : Few optimizations added for more smooth curves, separated from main chart and added to separate chart window just below the main chart for easy visibility.
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Release Notes
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• Changed Filtration parameters • Added ZigSix Technology by KBL Auto Signals for better trend filtration and trend analysis. • Overlay = True added to plot indicator over main chart.