try using a KAMA or a MA Slope Indicator.
The KAMA will go flat during sideways market.
The MA Slope Indicator can be tuned to change colors based on its slope. Then only trade when the slope indicator indicates movement rather than sideways ..........
hope this helps.
i am looking for a kind of 'Filter/Selector' ... in other words... is there something outside (Indicator/Excel) which 'scans' all pairs and select the ones that match my individual criterias!?
This is my first thread and i apologize for my english... still improving! :-)
.... hope my question is understandable!?
have a nice day, ... lots of pips
For chart window use.
Using the correct ADX in code
The reason it never was posted is that differences (value wise) compared to igorads version are marginal (compare them - you will see)
Also, if some other indicator shows different values than this one, then that indicator is wrong. This one is made to the letter the same way that Welles Wilder calculated it ("New Concepts in Technical Trading Systems" 1978 - starting from page 35)
Hi, I am new to this community, I hope sbody picks up this request although the original discussion was quite a while ago. I am trying to inculde the indicator from mladen in an MT4 expert advisor. It seems that it does not return the same ADX value than the one readable in the indicator window. Can you help if it is suitable for EA calls and if yes what is the proper way of calling it? Thanks!
Do it like this (attached an example EA that simply retrieves DI+, DI- and ADX values from the Wilder's DMI book indicator (from this post : https://www.mql5.com/en/forum/172923/page10 )
It retrieves correct values so you can use it as a model how to do that
Is it possible add non repainting colouring to FIRma FIR MA - MQL4 Code Base ?Thanks.
Here you go
A pleasant weekend to all
How can this filter be used if it is so far behind price?
It would need some extrapolation added to it to fill the remaining bars
But, then, extrapolation would make it a recalculating indicator ... Kept it the same way as gpwr did it : just added non-repainting color changes on slope change. He (qpwr) did make some nice extrapolation methods too so I guess that he did not want to combine them with this one for some reason ...
I would personally think that a extrapolation recalculating indicator could possible more useful.
You never know. The Extrapolation effect may work well with this filter indi.
If qpwr had made some nice extrapolation to it already then for him it wouldn't be a problem to add the extra extrapolation needed to maybe get a nice looking complete filter.
Do you think the extra extrapolation can be added this way at least it could be a useful filter to us all?
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