The Twin Range Filter is a powerful trading indicator designed to help traders identify key market trends and turning points with precision. It uses a dual-range smoothing technique to filter out market noise and highlight clear price movements.
- Trend Identification: The indicator detects when price moves strongly in one direction and provides visual signals for potential long (buy) or short (sell) opportunities.
- Noise Reduction: By filtering out minor fluctuations, it focuses only on significant price movements, making trends easier to follow.
- Dynamic Signal Generation: It generates arrows on the chart to indicate potential entry points for both bullish and bearish setups.
- Market Reversals: Helps identify when the market is transitioning from one trend to another, improving decision-making.