REGISTER PARTICIPANTS Robust Filter (mt4)

The Robust filter indicator is based on the robust filtering algorithm developed by the author using the multi-period averaged moving median.
The algorithm for this averaging is shown in the last screenshot.

The indicator calculates and shows:

• 1. The direction of the trend;
• 2. Entry and exit points of positions;
• 3. StopLoss lines calculated from current price probability distributions and selected confidence levels;
• 4. Lot sizes based on the accepted risk level, deposit size and StopLoss position.

Indicator readings are visual, extremely simple and do not require comments.

• The purple line of the indicator marks an uptrend, the gold line expresses the area of uncertainty in the direction of the trend movement, and the purple line - the downtrend.
• The moments when the price movement direction changes are marked with arrows.
• Accordingly, the entry points for Buywhen a green upward directed arrow appears, and for Sell when a purple downward arrow appears.
• StopLoss positions are shown with a red dotted line.

The indicator has all kinds of alerts.
The indicator does not redraw.
The indicator can be used both for trading scalper strategies and for long-term trading strategies.

Indicator settings.

• Price type - applied price. Values: Close price, Open price (default), High price, Low price, Median price ((high + low)/2), Typical price ((high + low + close)/3), Weighted price ((high + low + 2*close)/4).
• The averaging period - averaging period. Values: any integer (3 default).
• The averaging method - averaging method. Values: SMA (default), EMA, SSMA, LWMA.
• Line (arrows) thickness. Values: any integer (2 default).
• The Signal method - Type of trading signal alert. Values: No (default), Send alert, Print (in expert), Comment (in chart), Sound + Print, Sound + Comment, Sound, Push + Comment, Push, Mail + Comment, Mail.
• Confidence probability (CP*) Any real number between 0 and 1 (0.95 default).
• Calculate the lot size from the risk, deposit and CP*? – Calculate lot size based on risk, deposit and confidence level? Values: true, false (default).
• Deposit in $ (5000 $ default).
• Allowable losses in % - Permissible losses as a percentage of the deposit (2% default).