Kalman Filter - With Candlesticks or Bar Charts - MetaTrader 5 Script | Forex Indicators Download - MT4/MT5 Resources
This one was published a long time ago under the name Kalman Filter (among other publications you can also check this: Kalman Filter - Version for mt4). Keep the name and make it multiple time ranges. Multiple Timeframes In addition to all standard multitimeframes available in Metatrader 5, there are 3 additional "timeframes":
Additionally, this version adds colored bars or candles to the display to make it easier to assess trends. The display will adjust automatically.
P.S. The color of the indicator is also not based on the slope of the indicator, but the indicator is calculated on the internal "speed" of the calculation process
You can use color changes as signals
Attachment download
📎 kalman_filter_zcandles2lmtfv.mq5 (23.19 KB)
Source: MQL5 #24690
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