Elite indicators :) - page 1055

Mladen Rakic
151213
Mladen Rakic  

Wilders' DMI (adx) with no lag smoothing added and with some extras : Wilder's DMI 3_1.mq4

Files:
myname
3231
myname  
mladen:
Wilders' DMI (adx) with no lag smoothing added and with some extras : Wilder's DMI 3_1.mq4

Can dmi use something else then a price (for example rsi)?

Mladen Rakic
151213
Mladen Rakic  
nbtrading:
Can dmi use something else then a price (for example rsi)?

I have tried some combinations, but the results were not impressive (dismal mostly)

Will see some more, but I would not hope for too much

pbaranda
19
pbaranda  
mrtools:
Hello Paulo, that is not repainting(recalculating) that is normal behavior for an indicator in mtf mode, if your using it or any indicator in an EA on an hourly chart it takes 24 closed hourly bars to get one daily bar, and those hourly bars can be up or down. IMHO maybe try a larger period on the ma's instead of mtf, but that's just my opinion.

Hello Mr. Tools,

Thank you for the explanation. I will try increasing the MA's period.

Regards,

Paulo

Mladen Rakic
151213
Mladen Rakic  
pbaranda:

Hello Mr. Tools,

Thank you for the explanation. I will try increasing the MA's period.

Regards,

Paulo

Paulo

That might be a good solution. Alexander Elder used that method (I usually call it a "naive multi time framing" since it was used in the times when computers were rarity and they could not do the normal multi time framing), and as an approximation (since it will never be exactly the same as higher time frame results) it could be good

Mladen Rakic
151213
Mladen Rakic  

ADXm by default uses EMA for results smoothing

This version allows to change that. Now it allows the 30 types of averages + 30 double smoothed types : adxm_averages_2_2.ex4

______________________

PS: difference can be significant. The example bellow uses Ahrens average in both cases, but the upper is the new version of ADXm. In some cases the signal in the new version was not just or 2 bars earlier, but much more (and that is without using double smoothing)

Files:
myname
3231
myname  
mladen:

I have tried some combinations, but the results were not impressive (dismal mostly)

Will see some more, but I would not hope for too much

OK. Thanks

krelian99
1202
krelian99  
mladen:
ADXm by default uses EMA for results smoothing

This version allows to change that. Now it allows the 30 types of averages + 30 double smoothed types : adxm_averages_2_2.ex4

______________________

PS: difference can be significant. The example bellow uses Ahrens average in both cases, but the upper is the new version of ADXm. In some cases the signal in the new version was not just or 2 bars earlier, but much more (and that is without using double smoothing)

30 averages x 30 price types = 900 possibilities. Wow. And the results looks good.

Jozy K
210
Jozy K  
mladen:
Upgraded swing line indicator (optimized code, more user friendly, one possible issue on weekly alerts solved) : swing_line_2_1.mq4

Hi Mladen, images are no longer clickable, so we can view them in more detail. Can this problem be looked into?

Thanks

Jozy

Mladen Rakic
151213
Mladen Rakic  
Jozy:

Hi Mladen, images are no longer clickable, so we can view them in more detail. Can this problem be looked into?

Thanks

Jozy

Jozy

At a moment a workaround is to right click on the image and chose view image (then you can see it in zoom mode too). But that will be automatized soon (in a single click)