Kalman Filter as a Confirmation Indicator

Single signal line color change price overlay to determine trend.
Our Indicator Choice is… The Kalman Filter is our next confirmation indicator we’ll discuss.  This indicator has similar qualities as the McGinley Dynamic Indicator, whereby it is considered “adaptive” – meaning that the math behind the indicator adjusts to the volatility of the market.  There are massive amounts of work associated with this indicator which are quite impressive.  ... Read more