This cTrader threshold indicator leverages a Kalman filter together with a modified exponential moving average (MEWMA) to smooth price data and generate trading signals, It also utilises the average true range (ATR) to gauge market volatility and establish trading bands. This indicator provides a sophisticated tool for traders looking to filter market noise and gain a clearer view of trends and volatility. As with any indicator, it's advisable to use it as part of a broader trading strategy and confirm signals with other indicators or technical analysis.