hi, Codobro, one more thing
better make like this :
without it mtf doesn't refreshes on time
MTF Trend envelopes
that is what i meant but for some reason its not linning up properly. if you place #MTFMovingaverage 15 3 0 1 2 (high) and #mttrendenvelope on a 5 min chart they dont line up. (see chart) thick lime green line MTFTE and thin lime green line MTFMA(high). the settings should be ema3
i do appreciate you help thanks.
sorry guys the indicator works perfect. the trendenvelopes setting should be ema 3. since its referencing the trendenvelope it lined up perfectly.
ps attached chart shows how it keeps you in a trend as well as trend reversals
mtf trend method
i only think its fair to share this method with u. it works beautifully.the buy and sells are confirmed by the oscillators. downside is that they do repaint.
if you have a better stable oscillator i'd appreciate knowing about it.
ismailv, thank you for sharing, you are welcome. You may want to look at the BB-MACD, distance of bands and relation of bands to dots are what to look for. Please re-download #MTF, it is updated
fxbs, thank you I have updated the post. However I wanted to ask whether this method
actually does correct the refresh. I included this edit when I made my own version of SIMBA's MTF xpmaSATL. I had user-defined phrases, edit to poetic preference
I would post it however it does not work, and I'm not sure SIMBA would want me to. I wanted to make it 4 color as well to represent above/below price to match his method. I read there were problems with xpma's MTF capability, but apparently it was fixed. It still has the same problem though.
Are we still waiting for a corrected MTF xpma? Or should only the MathMax be used?
How can we trade this mess successful? Oscillators only for short trends. What you do, when it comes a long trend time? Sorry, I could not trade.
MathMax or +TimeFrame/Period will correct refresh in regard of bars counted on diff TFs; I wouldn't call it a Bug (pretty interesting feature, real values, but they are not stay it in history; manual refreshing and it's gone - so strictly speaking - it could be called (blamed) as repainting, etc, etc
though if put two together 4 fun ... but then still who wanna answer all the accusations
btw. AllAverages v2.2 by Igorad is MTF, 3color;
posted here - same Igorad's indi only with "mtf" in file name 4 search purposes and thread attachments list
igorad, 07-16-2008, 08:54 AM :
New version(v2.2) of AllAverages is ready.
// List of MAs:
// MA_Method= 0: SMA - Simple Moving Average
// MA_Method= 1: EMA - Exponential Moving Average
// MA_Method= 2: Wilder - Wilder Exponential Moving Average
// MA_Method= 3: LWMA - Linear Weighted Moving Average
// MA_Method= 4: SineWMA - Sine Weighted Moving Average
// MA_Method= 5: TriMA - Triangular Moving Average
// MA_Method= 6: LSMA - Least Square Moving Average (or EPMA, Linear Regression Line)
// MA_Method= 7: SMMA - Smoothed Moving Average
// MA_Method= 8: HMA - Hull Moving Average by Alan Hull
// MA_Method= 9: ZeroLagEMA - Zero-Lag Exponential Moving Average
// MA_Method=10: DEMA - Double Exponential Moving Average by Patrick Mulloy
// MA_Method=11: T3 - T3 by T.Tillson
// MA_Method=12: ITrend - Instantaneous Trendline by J.Ehlers
// MA_Method=13: Median - Moving Median
// MA_Method=14: GeoMean - Geometric Mean
// MA_Method=15: REMA - Regularized EMA by Chris Satchwell
// MA_Method=16: ILRS - Integral of Linear Regression Slope
// MA_Method=17: IE/2 - Combination of LSMA and ILRS
// MA_Method=18: TriMAgen - Triangular Moving Average generalized by J.Ehlers
// MA_Method=19: VWMA - Volume Weighted Moving Average
// List of Prices:
// Price = 0 - Close
// Price = 1 - Open
// Price = 2 - High
// Price = 3 - Low
// Price = 4 - Median Price = (High+Low)/2
// Price = 5 - Typical Price = (High+Low+Close)/3
// Price = 6 - Weighted Close = (High+Low+Close*2)/4
// Price = 7 - Heiken Ashi Close = (Open +High+Low+Close)/4;
// Price = 8 - Heiken Ashi Open= (Open+Close)/2; (previous bar (Open+Close)/2)
// Price = 9 - Heiken Ashi High= Max (High, Open, Close);
// Price =10 - Heiken Ashi Low = Min (Low, Open, Close) ;
As you can see 2 MAs and 4 prices(HeikenAshi) are added.
Moreover color mode is added too.
simple CCI 2color histo MTF
https://www.mql5.com/en/forum/178864/page2 All wcci thread
Linuxer did for Mart-Hart - but don't drink, trade and drive (in that order)
Ichi_Tenkan_Kijun_MTF.mq4 found among ishmoculators