Latest news in Elite and Advanced Elite sections - page 187

 

Elite section news.

According to the article "Random Walk Revealed" by Ron Davis, the original name of what became known as the "Random walk" originally used by probability theorist and teacher William Feller was "Drunkard's walk", so Ron Davis decided to use the original name instead and I decided to keep it too.

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Drunkard’s walk indicator was programmed for elite section. This one is a study of a random walk that is used to find out current trend. Both parts of the indicator are meant to show the trend but in a bit different way. The upper part is showing the "up and down walks" while the lower is showing only the prevailing one while the inactive is ignored till it becomes the prevailing one.

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You need to subscribe to Elite section trial to read the thread about those indicators, and you should be Elite member to download them.

 

Elite section news.

According to the article "Random Walk Revealed" by Ron Davis, the original name of what became known as the "Random walk" originally used by probability theorist and teacher William Feller was "Drunkard's walk", so Ron Davis decided to use the original name instead and I decided to keep it too.

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Drunkard’s walk 2 indicator was programmed for elite section. This version corrects one more thing that is not logical in the original : it clearly states that the "Average length of stride (up or down)" should be used in calculation. This one correct that too. Average length of stride is calculated as an exponential moving average of strides (easier to make and it responds better to sudden changes) and that way it makes the average length of stride a variable that depends solely on the data. It is somewhat faster and what I think is more important, it works "in the spirit" of what is said it should do (what William Feller said) and not what the code that was published does.

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You need to subscribe to Elite section trial to read the thread about those indicators, and you should be Elite member to download them.

Files:
 

Elite section news.

According to the article "Random Walk Revealed" by Ron Davis, the original name of what became known as the "Random walk" originally used by probability theorist and teacher William Feller was "Drunkard's walk", so Ron Davis decided to use the original name instead and I decided to keep it too.

----------

Drunkard’s walk 2 indicator was programmed for elite section. This version corrects one more thing that is not logical in the original : it clearly states that the "Average length of stride (up or down)" should be used in calculation. This one correct that too. Average length of stride is calculated as an exponential moving average of strides (easier to make and it responds better to sudden changes) and that way it makes the average length of stride a variable that depends solely on the data. It is somewhat faster and what I think is more important, it works "in the spirit" of what is said it should do (what William Feller said) and not what the code that was published does.

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You need to subscribe to Elite section trial to read the thread about those indicators, and you should be Elite member to download them.

 

Elite section news.

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Highs - lows indicator was programmed for elite section. Here is a kind of generalized high-low indicator. Default parameters are set as 52 week high/low, but you can choose any time frame and any period for that.

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You need to subscribe to Elite section trial to read the thread about those indicators, and you should be Elite member to download them.

Files:
high_lows.gif  23 kb
 

Elite section news.

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Highs - lows indicator was programmed for elite section. Here is a kind of generalized high-low indicator. Default parameters are set as 52 week high/low, but you can choose any time frame and any period for that.

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You need to subscribe to Elite section trial to read the thread about those indicators, and you should be Elite member to download them.

 

Advanced Elite section news.

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NonLag ma MACD indicator for MT5 was programmed for Advanced Elite section. Here is a NonLag ma MACD. It is changing colors depending on macd-signal line crsses.

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You need to subscribe to Advanced elite section trial to read the thread about those indicators/EAs, and you should be Advanced elite member to download them.

Files:
 

Advanced Elite section news.

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NonLag ma MACD indicator for MT5 was programmed for Advanced Elite section. Here is a NonLag ma MACD. It is changing colors depending on macd-signal line crsses.

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You need to subscribe to Advanced elite section trial to read the thread about those indicators/EAs, and you should be Advanced elite member to download them.

 

Elite section news.

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hmacd T3 adaptive & bands_alerts+mtf indicator was programmed for elite section. Its the same as adaptive t3 heiken but its using separate window and instead of using the regular ma's now using either a t3 macd or regular macd of the heiken high,low,open, and close. Added alerts, mtf, and the bands.

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You need to subscribe to Elite section trial to read the thread about those indicators, and you should be Elite member to download them.

Files:
hmacd.gif  45 kb
 

Elite section news.

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hmacd T3 adaptive & bands_alerts+mtf indicator was programmed for elite section. Its the same as adaptive t3 heiken but its using separate window and instead of using the regular ma's now using either a t3 macd or regular macd of the heiken high,low,open, and close. Added alerts, mtf, and the bands.

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You need to subscribe to Elite section trial to read the thread about those indicators, and you should be Elite member to download them.

 

Advanced Elite section news.

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NonLag ma MACD - mtf & alerts indicator for MT5 was programmed for Advanced Elite section. This is the multi time frame + alerts version of NonLag ma MACD.

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You need to subscribe to Advanced elite section trial to read the thread about those indicators/EAs, and you should be Advanced elite member to download them.

Files:
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