Blog : Range Filter Indicator
Range Filter
Range Filter: The Range Filter is an experimental study designed to filter out minor price action for a clearer view of trends. Inspired by the QQE's volatility filter, it applies the process directly to price rather than to a smoothed RSI. It works by first calculating a smooth average price range and multiplying it by a specified amount. The filter then gates price movements that do not exceed this specified range.
| Range Filter Inputs | |
|---|---|
| Sampling Period | 100 |
| Range Multiplier | 3.0 |
| Long - Entry Trigger | Long - Exit Trigger | Short - Entry Trigger | Short - Exit Trigger |
|---|---|---|---|
| Range Filter Buy Condition | Range Filter Sell Condition | Range Filter Sell Condition | Range Filter Buy Condition |
| Long - Entry Confluence | Long - Exit Confluence | Short - Entry Confluence | Short - Exit Confluence |
| Range Filter Up | Range Filter Down | Range Filter Down | Range Filter Up |