Will only permit trade to be signaled if the open price of previous candle was in/on a supply demand level, as drawn by the SupplyDemand
indicator. Or the close price of the two most recent closed candles. For a sell trade it must have been a maroon colored block that and blue for buy trade. This will check that trades have some
from a support/resistance zone as draw by the indicator. Also has a optional 'Wick
Offset' box which if set (not blank) then look at candle wicks as well and will
also okay trade if wick + offset is within support/resistance.
Will check that price is above moving average for buy trade and below for sell.
Will examine angle of moving average between a candle earlier (default is 5 candles earlier - Shift=5) and most recent closed candle. Provides 'MA Angle' box where min angle for trade can but supplied. NOTE: Angle is expressed in pips difference between the two prices (not degrees) for technical reasons.
Will check that moving average is in correction direction, i.e. moving up for buy, and prevent trade if not. To change period of moving average edit indicator properties for fltMADir and fltMADir2.
Will check fast moving average has cross slow moving average.
Alternative to f-max that will check distance between moving averages is no less that a 'Min MA Diff' text box value (in pips). Note, designed to be used instead of f-max and will replace it if that filter is already loaded. Can set Min MA Diff box to blank to turn filter off.
Will check that MACD is in correction direction, i.e. moving up for buy, and prevent trade if not.
Useful for trend following strategies where trades will be prevented in flat/choppy markets, i.e. when not trending. This can help prevent repeated entry/exits of unprofitable trades, called whipshaw'ing. Will filter out if ADX (MetaTrader built-in indicator) is < 'Filter ADX...' value. Set to blank to turn filter off.
Useful for trend following strategies where trades will be prevented in flat/choppy markets, i.e. when not trending. This can help prevent repeated entry/exits of unprofitable trades, called whipshaw'ing.
Adds 'News Avoid' selection list which if set to 'before' will prevent the EA from opening a trade before a high impact news event. The threshold for this can be set via EA input News_secsPriorToNewsForNoAction (in secs), which by default is set for 1 hour. Optionally, can also avoid trade just after news, with threshold set by input News_secsAfterNewsForAction, default also 1 hour. Set to BA (before and after) to do this latter check as well.
No trade if close to RunwiseFX support 1 (if sell) and resistance 1 (if buy). How close is given by 'No SR1 Pips'. If blank then will turn filter off.
By default will check chart timeframe + 3 is in agreement, e.g. if chart M15 then will check H4 in agreement. To change this timeframe click CONFIG | Indicator Values to Capture and select fltUTLPbuy and fltUTLPsell and change period to desired timeframe, e.g. D1, click Save.
Adds two tick boxes which if ticked will only trade if price below sell price or above buy price, respectively. Ticking the boxes will be display lines on the chart which can be moved to required price. Untick to turn check off.
Shows tick boxes for various timeframes which if ticked won't trade if timeframe not in agreement. Can select more than one timeframe.
Adds 4 start/end times, which can use used to start trading by ticking 'Okay to Trade/Signal' box for you and also end trading, i.e. unticking okay box, and close trades when end time reached. Note, 'Okay to Trade/Signal' can be changed manually as well. If time is blank then will be ignored. Note, time is in server time in hh:mm format.
The indicator must have been added to the chart, as the filter looks for the objects that the indicator places on the chart. Filter shows tick box on panel to turn filter on/off interactively.