Model: 1.15 | Creator: Ich Khiem Nguyen | MQL5: https://www.mql5.com/en/customers/khiemni/vendor
1. What’s High quality Filter?
High quality Filter is a characteristic that helps you obtain solely one of the best alerts — worth patterns shaped clearly, with balanced proportions and excessive reliability — and reject weak alerts, uninteresting patterns, and people under commonplace.
Consider your self as a pageant choose: you do not eradicate contestants for being unintelligent or having a nasty character — you merely rating the type of the worth sample (ratios, steadiness, market context) and choose solely patterns that meet minimal threshold.
Core Ideas
- Each detected sign receives a high quality rating from 0.0 to 1.0
- 0.0 = very weak sample, not clear
- 1.0 = good sample, textbook lovely
- You set a minimal threshold — solely alerts reaching or exceeding this threshold seem on the chart
Actual-World Outcomes
- Allow High quality Filter + excessive threshold → fewer alerts, greater high quality
- Disable High quality Filter → all alerts seem no matter rating
2. Enter Settings Information
High quality Filter has 2 parameters positioned within the === SIGNAL QUALITY FILTERS === group within the indicator’s Enter dialog.
Parameter 1: Allow/Disable High quality Filter
| MT5 Enter Title | Kind | Default |
|---|---|---|
| High quality Rating Filter (sample energy) | bool (true/false) | Indicator-specific |
- true = Allow the filter — solely alerts reaching the edge show
- false = Disable the filter — all alerts show regardless
Default values by indicator:
- Mirage (Fakey): false — disabled, receives extra alerts by default
- PinBar: true — enabled, default threshold 0.55 (pretty tight)
- Inverted Hammer: true — enabled, default threshold 0.30 (pretty unfastened)
Parameter 2: Minimal High quality Threshold
| MT5 Enter Title | Kind | Default | Notes |
|---|---|---|---|
| Min High quality (0.0-1.0, 0.35=balanced) | double | 0.30 – 0.55 | Indicator-specific |
- Enter worth from 0.0 to 1.0
- Solely takes impact when High quality Filter is ENABLED
- Really helpful place to begin: 0.35 (steadiness between amount and high quality)
3. How is High quality Rating Calculated?
Every indicator has its personal sample detection engine. The standard rating displays how “good” the sample is based mostly on the next components:
Candle Proportions
The engine measures candle parts: physique, higher wick, decrease wick. A “lovely” sample per idea has particular ratios between parts. Candles matching the theoretical ratio extra intently rating greater.
Market Context
The place a sample seems on the chart additionally issues. The engine considers:
- Relative place in comparison with latest highs/lows
- Power of the present pattern
- Volatility (ATR) in the meanwhile the sample types
Further Elements
Relying on the indicator, the engine may calculate:
- Potential Threat/Reward ratio
- Sample readability versus surrounding candles
- Affirmation candle energy (if relevant)
Vital Word
High quality rating does NOT predict worth path. A sign with Q = 0.90 doesn’t suggest worth will certainly transfer in the proper path — it solely means the sample shaped clearly and is technically lovely.
4. Selecting the Proper Threshold
Reference Desk: Filter Ratio (H1 XAUUSD)
| Threshold (Min High quality) | Indicators Retained | Stage |
|---|---|---|
| 0.25 | ~75% | Very unfastened — nearly no filtering |
| 0.35 | ~47% | Balanced — good place to begin |
| 0.45 | ~19% | Tight — good alerts solely |
| 0.55 | ~10% | Very tight — wonderful alerts solely |
Word: Ratios measured on H1 XAUUSD knowledge. Completely different timeframes and pairs might present totally different ratios.
Threshold Choice by Goal
You are simply beginning out, wish to see many alerts:
- Set threshold to 0.30 or disable High quality Filter solely
- Goal: observe and study high quality evaluation
You need steadiness between amount and high quality:
- Set threshold to 0.35 (beneficial default)
- Appropriate for many merchants
You need selective buying and selling, fewer however extra dependable setups:
- Set threshold to 0.45 – 0.55
- Appropriate when decreasing order frequency and rising R:R
You scalp a number of instances every day:
- Do not set threshold too excessive (>0.50), will lack alerts
- Really helpful: 0.30 – 0.40
Do not Set Threshold Too Excessive
Threshold 0.70+ will eradicate almost all alerts beneath regular market circumstances. Markets not often create “completely good” patterns.
5. Studying High quality Rating on Chart
After a sign seems, you’ll be able to view the standard rating in 2 locations:
5a. Immediately on Chart (at Sign Arrow)
In the event you allow Present High quality Rating = true within the indicator’s Visualization group, every sign shows a top quality label proper subsequent to the arrow:
- Format: Q: 0.72 or 72%
- Place: often above or to the proper of the arrow
- Shade: often matches arrow shade (inexperienced = Purchase, purple = Promote)
5b. On Dashboard
The indicator’s Dashboard panel lists lively alerts. The standard column shows the Q rating of every sign for fast comparability throughout lively trades.
Dashboard Not Displaying Q Rating?
- Verify Present High quality Rating within the Visualization group — could also be disabled
- Some older indicator variations do not help direct Q show on chart
6. Continuously Requested Questions (FAQ)
Q1: Does disabling High quality Filter gradual the indicator? No. High quality Filter is only a ultimate test — sample detection occurs totally inside. Enabling/disabling has no important efficiency influence.
Q2: Do alerts filtered by High quality Filter show anyplace? No. Indicators not reaching the edge are blocked utterly — no arrow, no Dashboard entry. This differs from different filters (e.g., Route Filter shows blocked alerts as “light” or with X image).
Q3: Is Q = 0.35 excessive or low? Medium. With H1 XAUUSD distribution, threshold 0.35 passes about 47% of alerts — an excellent steadiness between amount and high quality. Scores under 0.30 are often very uninteresting patterns.
This fall: Can I exploit totally different thresholds for various pairs? Sure. Every indicator occasion (every chart you connect the indicator to) can have unbiased thresholds. In the event you run the indicator on XAUUSD H1 and EURUSD M15 concurrently — every chart has its personal enter.
Q5: Does High quality Filter relate to different filters? High quality Filter operates independently from Route Filter, StoplossHunt Filter, Sign Zone Filter, Excessive Zone Filter, and so on. A sign should move all enabled filters to show.
Q6: Why is PinBar default (0.55) greater than Inverted Hammer (0.30)? As a result of every sample has totally different rating distribution. PinBar’s scoring components creates greater distribution — threshold 0.55 nonetheless passes about 10% of greatest alerts. Inverted Hammer has decrease distribution so 0.30 is affordable. Do not examine Q scores between totally different indicators.
7. Utilization Suggestions
Tip 1: Begin with filter disabled, then regularly improve threshold
When first utilizing the indicator, disable High quality Filter or set threshold very low (0.20–0.25) to see all alerts. Observe for 1–2 weeks, noting which alerts win/lose and their Q scores. Then you definitely’ll have instinct to decide on a threshold that works for you.
Tip 2: Mix High quality Filter with different filters in precedence order
High quality Filter ought to be your ultimate filtering layer. Arrange market-directional filters first (Route Filter, Sign Zone Filter) — then use High quality Filter for fine-tuning. Keep away from enabling too many filters concurrently with excessive threshold — you will haven’t any alerts left.
Tip 3: Greater threshold is not at all times higher
Many merchants make the error of constantly rising High quality Filter threshold pondering “take solely one of the best alerts.” In actuality, markets do not wait so that you can have good patterns — setups with Q = 0.45–0.55 are already wonderful and seem with cheap frequency. Thresholds above 0.65 usually result in “lacking too many.”
Tip 4: Use Dashboard to trace Q scores over time
Throughout demo or ahead take a look at, take note of Q scores of profitable and dropping alerts within the Dashboard. In the event you see most dropping alerts have Q under 0.40 — that is a transparent signal to extend threshold to 0.40 or 0.45.
This information applies to all indicators within the product suite. Particular Q-score formulation differ between indicators, however the scale (0.0–1.0) and filter operation are an identical.
Final up to date: v1.15 — Ich Khiem Nguyen
