Price Filter

The “Price” filter is one of the simplest and most flexible tools. It checks the current asset price once per minute and issues a signal if the price is above or below a specified level in the quote currency.

How does the “Price” filter work?

A simple example:

• Filter Price > 100 → the bot will open a trade when the price exceeds 100.
• If you add a second filter Price < 200, the bot will only open trades in the range from 100 to 200.

This is convenient for limiting trading to a specific price range.

Using for Trade Exit

The “Price” filter can be used not only for entry but also for exit. This enables a dynamic profit mechanic: the bot closes the deal not at a fixed Take Profit, but when the price “squeezes out” more profit during impulse movements.

Tip

Use a combination of:

• Price > 0
• Minimum PnL

In this case, the bot will close the trade on the minute candle when the profit in the deal is greater than the specified minimum.

📈 In practice, this offers a significant advantage over fixed profit, allowing you to capture more of the movement.

Example settings

For example, if you set Minimum PnL = 1%, the bot will lock in the profit as soon as the candle shows a deal gain of at least 1%.

When to use the “Price” filter?

• To limit the trading range (e.g., trade only in the zone of interest between support and resistance levels).
• To exit a trade based on PnL dynamics, rather than a fixed profit.
• To filter out false entries (e.g., avoid trading above “round numbers” like $100,000 for BTC).