Coral Filter X Pro is a professional trend filter indicator designed for the cTrader platform. It utilizes the classic Coral algorithm, which is based on cascaded exponential moving averages (EMAs) of order 3 to 6, combined with a normalized slope engine to provide smooth trend detection with minimal lag. The indicator delivers a clear Up, Down, or Neutral trend bias through color-coded Coral dots (green, red, yellow) and offers precise intrabar crossover entry signals with real-time Buy/Sell arrows and on-chart pop-up alerts. Optional sound alerts are available, limited to one alert per bar to reduce noise.
Key features include preset configurations for scalp, swing, and long trading styles, a compact heads-up display showing trend state and parameters, and public series outputs (TrendState and NormSlope) for integration with automated trading systems and scanners. The indicator supports disciplined trading by signaling long-only trades above the Coral baseline and short-only trades below it. It also offers optional color bar tinting to enhance chart readability.
Coral Filter X Pro is suitable for scalpers, intraday, swing, and algorithmic traders seeking a reliable, automation-friendly tool for trend identification and disciplined trade entries across various markets including Forex, indices, commodities, stocks, and cryptocurrencies.