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How to Choose TradingView Signal Filters in Midas

There are many signals on the chart, half of them run against the move, and you spend time on entries that have little chance from the start.

No filter.

There are many signals on the chart, some against the trend, and trading against the move adds noise and false entries.

With a filter.

Weak signals are hidden, the chart is cleaner and entries are more logical: you trade with the market direction, not against it.

The signal filter hides entries against the current trend: it determines the market direction and removes signals that contradict it from the chart. Open the gear next to the indicator name and select option 3, "Filter signals against the trend".

The easiest option to start with is the price channel: Buy signals remain only when the channel is green and rising, while Sell signals remain only when it is red and falling. EMA 200 is stricter: signals appear only on the corresponding side of the average. The other options are money flow and the trend ribbon. Filters work across TradingView markets and timeframes from one minute to one month; test the settings for each asset. The result is visible immediately: fewer signals and none against the trend.

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Updated: · Midas Team

How to enable a signal filter

  1. Open the settings.

    Use the gear ⚙️ next to the indicator name.

  2. Select the filter in option 3

    Start with the price channel, the most obvious option.

    Item "Filter signals against the trend" and a list of filter options

How to choose a filter

The filter's job is simple: identify the current market direction and hide signals that run against it. There are four options; open a tab to compare them.

The Buy is only shown when the channel is green and upwards, Sell is only shown when the channel is red and downwards.

Start with this option to see the difference between unfiltered noise and a clean trending market.

Buy remain only when the channel is green, Sell when the channel is red

A stricter option: Buy appears only when price is above the selected moving average, and Sell only when it is below.

The signals are only on their side of the EMA.
  • EMA 20 and EMA 50 - Fast filter, more signals remain
  • The EMA 100 and EMA 200 are a strict filter for conservative scenarios.

Buy only shows when cash flow is rising, Sell only when it is falling, handy if you're already looking at the bottom indicator and you want the top one to stay out of the question.

signals coincide with the direction of cash flow on the lower indicator

The easiest option to see is Buy with green tape only, Sell with red tape only. The tape is visible on the bottom indicator, you can check the filter without settings.

Green trend tape - only Buy signals remain
Start with the price channel or EMA 200. Do not enable several filters at once, or you will not know which filter made the difference.

What changes after a filter is enabled

The difference is almost immediately apparent, and it's in four things:

  • The signals are getting smaller, and some of the noise is gone.
  • Some entries against the move disappear.
  • The chart becomes cleaner, making decisions easier.
  • It is more comfortable to work with the indicator, especially while you are getting used to the system.
The filter reduces the number of signals by design: entries in the market direction remain.

Signal-filter questions

Which filter is best to choose first?

The price channel or EMA 200 is the easiest way to compare random unfiltered signals with a clean trending market.

What is the difference between the EMA 200 and the price channel?

The channel is less strict, so more signals remain on the chart. EMA 200 filters out more entries against the main move and suits more conservative scenarios.

Do I need to turn on multiple filters at once?

No. If you enable everything, you will not know which filter affects the signals. Choose one filter, test it and add complexity only if needed.

How do I know if the filter I choose is right for me?

Do not guess; test it. Scroll back on your asset and timeframe, enable the filter and compare signal behaviour. If the chart becomes cleaner and clearer, the filter suits your setup.

Look at quality as well as quantity: are there fewer clearly weak entries, and do the remaining ones fit the overall move better?

What mistakes do beginners make most often?

They choose a complex filter without understanding its logic, do not test settings on historical data, and treat every signal as an entry command. A filter improves selection but does not replace reading the chart.

Why do you need a filter if you already have signals?

Without a filter, some of the signals go against the main movement and create unnecessary noise. The filter makes Midas manageable: removes excess, makes it easier to read the chart and makes trading more systematic.

That’s why for many, it’s not a secondary setup, but one of the most useful features in a subscription.

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