Elite indicators :) - page 233

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Hi MLaden,

I have these two indicators for a simple 2 EMA crossover, however both seem to give different signals at different times even though they use the same 2 EMA's.

Which one of them is "the most correct" ?

Thanks in advanced

Cheers

CodeX

 

Ben

Here you go
regards

Mladen

bkennedype:
Hi mladen,

I have this trend indicator that I use for a scalping setup. I'm wondering if you might add a vertical line for every time a red or blue bar follows an orange bar. The alerts work fine as they are...but I want to have something on the chart....if an arrow is easier, that is fine also....but a vertical line has more impact. Ideally I could set the color for each trend change.

Here is a pic...

Thanks

Ben
Files:
macd_sma_alerts_v3.mq4  7 kb
macd_lines.gif  27 kb
 

CodeX

None of the two is correct. Both are using future values for finding out crosses. The difference in crosses comes from a fact that one is calculating LWMA (the version 1) and other is calculating EMA (the version 2), but apart from that they are the same and both are wrong as far as calculation is concerned because they use those future values.

Attaching a very simple one that shows moving averages crosses correctly and you can choose the type of MA as well as the price of MA
regards

Mladen

Codex:
Hi MLaden,

I have these two indicators for a simple 2 EMA crossover, however both seem to give different signals at different times even though they use the same 2 EMA's.

Which one of them is "the most correct" ?

Thanks in advanced

Cheers

CodeX
Files:
ma_crosses.mq4  2 kb
ma_crosses.gif  18 kb
 

Thank you very much Mladen, I really do appreaciate this.

Cheers

Codex

 

:):):)

San

There is no perfect smoothing (with no lag) but here is one that is not bad. 3 ways compared :
upper - no smoothing

middle - "regular" smoothing

lower - "double" smoothing (don't let the name confuse you, this one is the "faster" smoothed version)

regards

Mladen

Snowski:
mladen,

Whenever you have a chance, can you please add smoothing to the attached indicator. Preferably without giving up any lag associated with smoothing. Perhaps not explained properly, but I think you know what I mean.

Kind regards,

San.
 

ALF MA crossover

Mladen, are you able to create an indicator that signals a moving average close across the ALF. This seems to provide very reliable signals for entries.

Ideally I would like to be able to configure both the ALF and MA parameters within the indicator.

Thanks for your consideration of this request

regards

Peter

 

interesting indicator: MACD-RSI - MQL4 Code Base

 

Peter

Here you go Ma is fully configurable and you can choose to see it (like on upper) or to hide it (like the lower)

regards

Mladen

peterke:
Mladen, are you able to create an indicator that signals a moving average close across the ALF. This seems to provide very reliable signals for entries.

Ideally I would like to be able to configure both the ALF and MA parameters within the indicator.

Thanks for your consideration of this request

regards

Peter
 
mladen:

San

There is no perfect smoothing (with no lag) but here is one that is not bad. 3 ways compared : upper - no smoothing

middle - "regular" smoothing

lower - "double" smoothing (don't let the name confuse you, this one is the "faster" smoothed version)

regards

Mladen

:):)

mladen, perfect....this could open up new opportunities.

Greetz!

San.

 

Thanks!

Ben

mladen:
Ben

Here you go

regards Mladen
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