I Just happened to plot new Step MA PDF on my chart with filter and without filter, (Please correct me if I am wrong) I am not able to see any difference in the signal after applying the filter. only the line change. Attached is the screen shot for your kind reference.
Step MA filter 1 is with filter
Yes, that is so
We already were explaining a couple of times that step ma trend does not depend on the slope but on the internal step ma calculations. So, even if the line slope changes, since it will be step ma that will determine the trend, the color of the line (and ultimately the trend) will not change
How does the trend determined ?Is it determined on high low channel or something line previous three periods highs or lows etc..?
Yes, on something based similar to that
Here is a description what does it basically do : https://www.mql5.com/en/forum/173523
Here is a version with filter : adaptive_laguerre_filter_mtf__alerts_3_2.ex4
Minor note, mrtools used " StepMA pdf 4_5" to name an indicator back in Feb 2016. Should this be StepMA pdf 4_6? I only ask because I use them. Thanks for your efforts.
Yep, that is so
Here is a version 4_6 (to clear the possible confusion) : stepma_pdf_4_6.ex4
Also, this version does not filter the stepma value itself, but the prices, and in that case the values of the result (including the trend) are different for different filter sizes (as it can be seen on the example comparison - only the filter is changed, all the rest is the same on the two instances used for comparison)
for the explain, I guess I missed on both the time
Can you suggest which Indicator can be used along with Step MA PDF so that false signal can be avoided to an extent on lower time frame
(5 Min chart)
It is simpler to show the whole process of making a single file MTF from a "normal" indicator on a simple code.
So, here is a simplified code of non lag moving average and a mtf version of it with comments and explanations what and why is done at some part of the code. Using this indicator simply because it is much, much simpler to see in it exactly what is done (just take a look at the start procedure of the "non mtf" version)
limit = MathMin(Bars-counted_bars,Bars-1);
for (i=limit; i>=0; i--) NonLagMaBuffer = iNoLagMa(iMA(NULL,0,1,0,MODE_SMA,Price,i),Length,alphas,0,i);
Also, the code of it is suitable to calculate values of anything. All you have to change is the first parameter in calling the iNoLagMa()function ( theiMA(NULL,0,1,0,MODE_SMA,Price,i) part which is used for fast price extraction in the above code)
Hello . Please make indicator #nonlagma nrp.mq4 selection setting lines and dots as shown on the right. Thank you !
Here is a version that can display the non lag ma as lines or dots (and is upgraded to new metatrader 4 + user friendly options + some more stuff) : nonlagma_nrp_1_1.mq4
Big thanks to you. Exactly what is needed !:)
Sorry if i always bothering you, if you can manage your time please change this Heiken Ashi Ma T3 new 2 like the Heiken_Ashi_Smoothed_separate-1.01
Thanks in advance