Filtered TEMA Crossover

Filtered Dual TEMA Crossover
This indicator is a trend-following tool based on the classic Dual Triple Exponential Moving Average (TEMA) Crossover strategy, enhanced with two robust filters: the Chop Index and the Average Directional Index (ADX).

The TEMA is known for its low lag and high responsiveness, making the crossover an effective signal for trend reversals. However, trading TEMA crossovers during sideways, choppy markets often leads to false signals. This is where the filters come in.

Key Features
▪️Dual TEMA Crossover: Plots two customizable TEMA lines (Fast and Slow) for clear visualization of the primary trend direction.

▪️Intelligent Signal Filtering: Buy and Sell signals are generated only when the market confirms it is in a trending state, thanks to two integrated filters:

➖Chop Index Filter: Blocks signals when the market is detected as sideways or consolidating (Chop Index reading above a user-defined threshold).

➖ADX Filter: Ensures signals are only taken when the trend strength is sufficient (ADX reading above a user-defined minimum threshold).

▪️Customizable Signals: Full control over the signal shapes (Arrows, Triangles, etc.), colors, text, and size.

How to Use It
Use the Filtered Dual TEMA Crossover to enter positions on trend continuation or reversal while dramatically reducing exposure to low-quality, whipsawing signals common in non-trending environments.
Before the filters:

After the filters:

Minimize Noise. Maximize Clarity. Trade the Trend.