Braid Filter Indicator for MetaTrader 4 – Free Download [TradingFinder]

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TFLab

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Sep 20, 2024
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The Braid Filter indicator in MT4 is a smart tool for trend analysis and signal filtering on the MetaTrader 4 platform.
It combines multiple moving averages with a dynamic filtering system to detect structural changes in market trends with precision.


Using colored histogram bars (green & red) and a central blue filter line , it highlights clear zones for buy ✅ and sell ❌ entries.




Key Features at a Glance​



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Uptrend Signal​


  • If green bars rise above the blue line , the indicator confirms a strong buy zone.
  • Example: On USD/CAD (5M chart) , rising green bars show a powerful bullish move and trigger buy entries.



Downtrend Signal​


  • If red bars fall below the blue line , it confirms strong selling pressure.
  • Example: On XAU/USD (30M chart) , growing red bars signal a bearish trend and create sell opportunities.



⚙️ Indicator Settings​


  • MaPeriod1 / 2 / 3 ➝ Moving Average periods
  • AtrPeriod ➝ ATR calculation
  • PipsMinSepPercent ➝ Minimum distance for signal validity
  • ModeMA ➝ Type of MA used
  • Alerts: Sound | Email | Mobile | ⏱ Timeout | Subject line



✅ Conclusion​


The Braid Filter Indicator is a reliable market filter that:
✨ Identifies strong trend directions
✨ Filters out weak/false signals
✨ Provides precise entry & exit zones using its histogram + blue line system.

A perfect tool for intraday traders looking for clear signals with less noise .

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