Reinforcing Moving Trend Average from Dennis Meyers: The Recurring Moving Trend A Metalysts Indicator (Recursive Moving Trend - Technical Indicators

[Deleted] 2015.10.18 19:45 #1381

ST_MA band

1 bar different with others TMA

Files:

st_ma_band.png 42 kb

nevar 2015.10.18 20:14 #1382

Dear Mladen,

I know you are quite busy with the new forum set up.I have just noticed that Recursive Moving Trend Average from dennis meyers has not been coded in mql4. http://www.meyersanalytics.com/publications2/jyrecursed.pdf This is the Meastock formula:

Recursive Moving Trend Average MetaStock Indicator Taken from an article "The Yen Recused" in the December 1998 issue of TASC, written by Dennis Meyers. He describes the Recursive MA in mathematical terms as "recursive polynomial fit, a technique that uses a small number of past values of the estimated price and today's price to predict tomorrows price." Lb:=Input("Look-Back Period?",3,100,21); Alpha:=2/(LB+1); Bot:=(1-Alpha)*(If(Cum(1)<Lb,C,PREV))+C; RMTA:=(1-Alpha)*(If(Cum(1)<Lb,C,PREV))+ (Alpha*(C+Bot-Ref(Bot,-1))); RMTA;

http://www.paritech.com.au/education/tech_anaylsis/custom_indicators4.html http://www.meta-formula.com/Metastock-Formulas-R.html#%7BRecursive%20Moving%20Trend%20Average%7D

Stochastic Oscillator - Oscillators Fractal Adaptive Moving Average Average Directional Movement Index

name 2015.10.23 07:51 #1383

nevar:
Dear Mladen,

I know you are quite busy with the new forum set up.I have just noticed that Recursive Moving Trend Average from dennis meyers has not been coded in mql4. http://www.meyersanalytics.com/publications2/jyrecursed.pdf This is the Meastock formula:

Recursive Moving Trend Average MetaStock Indicator Taken from an article "The Yen Recused" in the December 1998 issue of TASC, written by Dennis Meyers. He describes the Recursive MA in mathematical terms as "recursive polynomial fit, a technique that uses a small number of past values of the estimated price and today's price to predict tomorrows price." Lb:=Input("Look-Back Period?",3,100,21); Alpha:=2/(LB+1); Bot:=(1-Alpha)*(If(Cum(1)<Lb,C,PREV))+C; RMTA:=(1-Alpha)*(If(Cum(1)<Lb,C,PREV))+ (Alpha*(C+Bot-Ref(Bot,-1))); RMTA;