Filtro Universale Antirumore by G.I.N.e Trading

Noise Filter Indicator by G.I.N.e Trading
The Noise Filter Indicator is designed to detect market conditions where price action is likely to generate false signals due to low volatility or lack of trend. These are typically sideways or congested phases that trend-following systems should avoid.
⚙️ How it works:
The indicator analyzes the current market structure using three components:
Bollinger Band Width
Measures price compression.
Narrow bands indicate a potential sideways phase.
Average Directional Index (ADX)
Measures the strength of the trend.
Low ADX values suggest absence of directional momentum.
Average True Range (ATR)
Measures recent price volatility.
When ATR is below its moving average, the market is likely ranging or losing energy.
A noise zone is identified when at least 2 out of 3 conditions are true:
Low volatility (Bollinger Band Width)
Weak trend (ADX < threshold)
ATR below reference value
🎯 Visual Output:
🟨 Yellow bar: Trend conditions favorable — signals are more reliable.
⬜️ Gray bar: Noise zone — high risk of false signals, avoid trading.