Filtering Signals

Using Moving Average to Filter Signals

Filtering Signals 

Now, we will be using Royal Algo along with Ichimoku Cloud Moving Average to filter false signals.

 

ⓘ Note

Most of these false signals are market pullbacks and corrections.

Scroll down to see the example below.

 

Filtering Signals on Bullish Trend

Filtering the signals on a Bullish Trend - When the price/candlestick is trending above the Moving Average. We will only take the Buy signals given by Royal Algo, and we will consider all Sell signals as false signals.

Filtering Signals on Bearish Trend

Filtering the signals on a Bearish Trend - When the price/candlestick is trending below the Moving Average. We will only take the Sell signals given by Royal Algo, and we will consider all the Buy signals as false signals.