OPEN-SOURCE SCRIPT
2K Range Filter

How it works
The indicator builds a filtered price line based on a configurable range size. This range can be derived from multiple volatility measures, including:
Average True Range (ATR)
Average price change
Standard deviation
Percentage of price
Fixed points, ticks, or pips
Only when price moves beyond this defined range does the filter update, effectively filtering out sideways noise and minor fluctuations.
Signal logic
The core signal is based on the direction of the filtered line:
Upward slope → Bullish trend
Downward slope → Bearish trend
Flat → No change (previous state maintained)
The line is color-coded for clarity:
Green: Uptrend
Red/Pink: Downtrend
Gray: Neutral / unchanged
Key features
Adaptive range filtering based on volatility
Optional smoothing for more stable signals
Two filter types for different sensitivity profiles
Ability to average filter changes for additional noise reduction
Works with either candle wicks or closing prices
Use cases
This indicator is best used as a trend filter or directional bias tool, for example:
Trade in the direction of the filter (long in uptrends, short in downtrends)
Combine with entry signals from other indicators
Identify trend reversals when the filter changes direction
Summary
The 2K Range Filter helps traders focus on significant market moves by eliminating noise and emphasizing true directional shifts. It is particularly useful in volatile or choppy markets where traditional indicators may generate false signals.
The indicator builds a filtered price line based on a configurable range size. This range can be derived from multiple volatility measures, including:
Average True Range (ATR)
Average price change
Standard deviation
Percentage of price
Fixed points, ticks, or pips
Only when price moves beyond this defined range does the filter update, effectively filtering out sideways noise and minor fluctuations.
Signal logic
The core signal is based on the direction of the filtered line:
Upward slope → Bullish trend
Downward slope → Bearish trend
Flat → No change (previous state maintained)
The line is color-coded for clarity:
Green: Uptrend
Red/Pink: Downtrend
Gray: Neutral / unchanged
Key features
Adaptive range filtering based on volatility
Optional smoothing for more stable signals
Two filter types for different sensitivity profiles
Ability to average filter changes for additional noise reduction
Works with either candle wicks or closing prices
Use cases
This indicator is best used as a trend filter or directional bias tool, for example:
Trade in the direction of the filter (long in uptrends, short in downtrends)
Combine with entry signals from other indicators
Identify trend reversals when the filter changes direction
Summary
The 2K Range Filter helps traders focus on significant market moves by eliminating noise and emphasizing true directional shifts. It is particularly useful in volatile or choppy markets where traditional indicators may generate false signals.
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神,该脚本的作者将其开源,以便交易者可以查看和验证其功能。向作者致敬!您可以免费使用该脚本,但请记住,重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。