SATL - MetaTrader 5 Script | Trading Script Download - MT4/MT5 Resources - MetaTrader 5 Resources

Vladimir Kravchuk

"A new adaptive approach to following trends and market cycles"

The Slow Adaptive Trend Line (SATL) is formed by the low frequency FLF-2 digital filter.

Filter FLF-2 is used to suppress noise and market cycles with long oscillation periods. The low-frequency FLF-1 and FLF-2 filters provide no less than 40 dB of attenuation in the stopband and absolutely no amplitude and phase distortion in the passband (bandwidth) into discontinuous price sequences.

These characteristics of digital filters provide significantly improved (versus simple moving average ) noise rejection, which can significantly reduce the possibility of buying and selling "false" signals.

Among widely known technology tools, there is no equivalent to SATL. This is not a moving "average" but simply an adaptive line estimate of the long-term trend.

Unlike moving averages , SATL does not have any phase lag with respect to the current price.

SATL filter coefficients

Attachment download

📎 satl.mq5 (7.24 KB)

Source: MQL5 #404