What is Braid filter (+eAverages) 1.2?
Braid filter (+eAverages) 1.2 is an MT4 subwindow trend filter that calculates relationship dynamics between three moving averages to measure trend strength and filter market noise.
How to use Braid filter (+eAverages) 1.2
Attach the indicator to your MT4 subwindow and observe histogram bar colors. Use the pips filter threshold to distinguish strong trend momentum from flat or choppy market periods.
Where it helps
Displays relationship dynamics between three moving average calculations.
Displays color-coded histogram bars relative to the configured pips threshold.
Supports multiple moving average calculation methods and period settings.
MT4 Indicator Parameters
The table below lists the available MT4 indicator parameters. You can customize these options in the MetaTrader Inputs dialog to match your trading preferences.
| Parameter | Description |
|---|---|
| Period1 | Sets calculation period for moving average 1. Default: 3. |
| Period2 | Sets calculation period for moving average 2. Default: 7. |
| Period3 | Sets calculation period for moving average 3. Default: 14. |
| MaType1 | Sets moving average method type for MA 1. Default: 0. |
| MaType2 | Sets moving average method type for MA 2. Default: 0. |
| MaType3 | Sets moving average method type for MA 3. Default: 0. |
| Pips | Sets minimum pips threshold filter. Default: 0.0. |
| CountBars | Sets calculation historical bar limit. Default: 500. |
| SoundAlert | Enables or disables sound alerts. Default: false. |
| EmailAlert | Enables or disables email notifications. Default: false. |
| PushAlert | Enables or disables mobile push notifications. Default: false. |
| FilterType | Sets filter type for trend strength calculation. Default: 0. |
The screenshot above shows the default input parameters in the MT4 settings window.
How to Install .ex4 Indicator in MetaTrader 4
- Download the ZIP file and extract it.
- In MT4, select File → Open Data Folder.
- Open MQL4 → Indicators and copy the EX4 or MQ4 file into it.
- If the package includes library files, copy them to MQL4 → Libraries. Copy TPL files to the top-level templates folder.
- Restart MT4, find the indicator in the Navigator, and drag it onto a chart.
Test the tool on a demo account first. File contents and required folders can vary between packages.
