Trend indicators - page 28

 
tampa:
Sorry, but I do not understand the question. It is an indicator with parameters like all the rest of indicators. Maybe just one thing : use longer time frames

s/he must be post on wrong thread.

here is link to that thread

https://www.mql5.com/en/forum/179557

 

So many things that it is sometimes hard to find if something exists or not. Thanks

mtuppers:
s/he must be post on wrong thread.

here is link to that thread

https://www.mql5.com/en/forum/179557
 

Asymmetry

Asymmetry indicator :

Indicator calculates asymmetry with some complex formulas, based on RSI indicator values. Asymmetry high value mean new trend is begging, while low values mean flat trend.
Files:
asymmetry.mq4  3 kb
asymmetry.gif  18 kb
 

Those using Supertrend non-repaint indicators, would like to hear how your trades are going. Anyone?

 

lurch indicator

Files:
lurch.gif  21 kb
 
mladen:
Well, first version of LSMA trend was posted long time ago ( this post : https://www.mql5.com/en/forum/180514/page34 ) and it was made only to show what some other indicator was about. In the mean time it was renamed (surprise, surprise ... ) and posted as something different while nothing at all was changed in it.


But not posting about that now .

The main problem (in my opinion) with it was the "oversensitivity" since all it is looking for is a slope of linear regression value (LSMA == linear regression value). This version is a possible way to avoid that "oversensitivity" and ads a kind of a filter on it that might help in avoiding "insignificant" changes.

Hi mladen.. this indi looks so damn similar to Fxsmooth.. am I right??

 

Or vice versa (since linear regression (or lsma) was invented way before "fxsmooth")

Some more info of the first version you can find here : https://www.mql5.com/en/forum/180514/page34 and here : https://www.mql5.com/en/forum/180514/page34

The indicator was made to show what "fxsmooth" actually is except that this one is upgraded in order to make it a bit more useful with a filtering channel and does not "rush" into showing a new trend as the "fxsmooth". "Fxsmooth" simply shows the slope of a linear regression value

 
mladen:
One member asked me for help with this one : Download Behgozin Strength Finder For Amibroker (AFL) to be made in metatrader 4 version. So, here it is. Default parameters are a bit different than the one at that link : first of all it does not use future prices in calculations (if somebody wants to have the same way as at the link, set the Price shift to -3). Also, decided to use somewhat longer ema period (simply because results seemed better with loner than the default 10 ema period)

Hi mladen, could you share indicator which show daily candle as on the right of your chart?

Thanks in advance.

 

peterpiak,

Latest version posted here : https://www.mql5.com/en/forum/178698/page5

peterpiak:
Hi mladen, could you share indicator which show daily candle as on the right of your chart? Thanks in advance.
 
mladen:
Any version using non-repainting multi color line drawing has those same rules ... if you have an indicator drawing arrows, or histogram you can use the logic of examining color buffer value, but for a non-repainting multi colored line you can not PS: just as a curiousity, even in tradestation when you want to make a non-repainting multi color line you have to change a color from the end of the previous point in order to make it right (otherwise you will get a completely wrong colors in some cases).

Actually you can get the values of the line buffers and check if one has a valid value. It helps to have the source code to know which buffer has what color and what value is used for the other buffers when they should have no value, usually 0 or EMPTY_VALUE.

I have used this method for BBands when the display show different colored lines, one buffer above price and the other below price.

Robert

Reason: