Zero mean normalized nonlinear Kalman filter – indicator MetaTrader 5

Theory :

Often we have a need of normalizing some values into known bounds in order to use them in the “oscillator” mode (when we can have a sort of a clear state for a “trend”). One of the possible ways to do that is by using the zero mean method. This version of nonlinear Kalman filter is using a sort of zero mean normalization to make an oscillator out of the filter

Usage :

You can use the color change as signal. There are two possible color change modes :

  • color change on zero cross
  • color change on slope change


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