Elite indicators :) - page 13

Linuxser
5921
Linuxser  
COTtrader:
Hi, 400396:

Looks like Mouteki without the crossing of the lines (breaking of a trend) but rather a simple change in line color and direction.

COTtrader

Looks like mouteki???

Autochartist is a pattern recognition software

From the website link posted ABOVE

Thousands of the most liquid shares on global stock exchanges are scanned in real time for the following chart patterns:

- Head and Shoulders

- Rectangles

- Channels

- Flags

- Pennants

- Symmetrical Triangles

- Ascending Triangles

- Descending Triangles

- Wedge Continuations

- Wedge Reversals

- Double Tops

- Double Bottoms

- Triple Tops

- Trible Bottoms

Too far away from Mouteki man.

BTW, Mouteki or I must say Tom Demark level 1/2 validation breakouts.

400396:

hi guys.

do we got this kind of indicator that plot the PATTERN automatcly like www.autochartist.com?

Hi.

I think what are you looking for is here

Or you can have for free opening an account with some brokers. Check the subscribe link.

forexmentorprogram
26
forexmentorprogram  

Chandelier stop indicator

Does anyone have a chandelier stop histogram indicator that uses just a bar going across the bottom that shows either red or green? I have an idea for an EA I want to test with this indicator but I think it would be easier to make if its just a bar showing red or green rather than like a regular indicator.

Thanks,

Mike

Free Forex Software, Free Esignal Data Feed, Free Forex Training

Sergey Golubev
Moderator
112894
Sergey Golubev  
Kalenzo:
Hi Folks!

If the administrators of this forum has nothing against it I propose to make a thread for elite indicators (able to download only from elite section)

When I will make any new tool I will post it here...

The first is Multi Timeframe RSI with Multi Timeframe Moving Average

Check it out

RSI_EMA_MTF: see post #1 of this thread.

Just some other RSI indicators:

- BBRSI&MA_v2 (attached).

- MAofRSI_v1 (attached).

Files:
Sergey Golubev
Moderator
112894
Sergey Golubev  

Igorad created very interesting indicator:

igorad:
Hi,

I think it'll be interesting info for you:

- so-called normal RSI uses EMA smoothing with period = 2*Length-1

(or Wilder's smoothing with period=Length).

I've developed RSI indicator with my algorithm of calculation.

Now you can use any values for Length and any kinds of smoothing.

In this case normal RSI has default settings:

Price = 0; // Applied Price(0-Close;1-Open;2-High;3-Low;4-Median;5-Typical;6-Weighted)

Length = 27; // Period of evaluation

MA_Mode = 1; //Mode of MA (0-SMA;1-EMA;2-SMMA;3-LWMA)

Regards,

Igor
Files:
Sergey Golubev
Moderator
112894
Sergey Golubev  

Small by very good thread by Kalenzo: Price Trender indicators.

Linuxser
5921
Linuxser  

My funny mod of a macd to look like eSignal MACD.

Files:
emacd.mq4 4 kb
Sergey Golubev
Moderator
112894
Sergey Golubev  

Volatility

Volatility.

Some indicators, aticles, and EAs:

- We have some good thread related to this subject.

- Some indicators you may find here (VoltyChannel_Stop indicator with settings explanation and here.

- BBands_Stop indicator with settings explanation (and new version is attached).

- And we have this thread with indicators (for MT3) and this one (MT4).

- And we have this e-book.

- Historical Volatility Ratio indicator is here.

- Volatility Quality Index indicator is here.

- Chaikin Volatility - New Stuff thread.

Some new versions of the indicators are attached.

And some usefull information as well (from Achelis:Technical Analysis from A to Z):

Standard Deviation indicator.

Standard Deviation is a statistical measure of volatility.

Standard Deviation is typically used as a component of

other indicators, rather than as a stand-alone indicator.

For example, Bollinger Bands are calculated by adding

a security's Standard Deviation to a moving average.

High Standard Deviation values occur when the data

item being analyzed (e.g., prices or an indicator) is

changing dramatically. Similarly, low Standard Deviation values occur

when prices are stable.

Many analysts feel that major tops are accompanied

with high volatility as investors struggle with both

euphoria and fear. Major bottoms are expected to be

calmer as investors have few expectations of profits.

Bollinger Bands.

Bollinger Bands are similar to moving average envelopes.

The difference between Bollinger Bands and envelopes is

envelopes are plotted at a fixed percentage above and

below a moving average, whereas Bollinger Bands are

plotted at standard deviation levels above and below a moving average. Since standard deviation is a measure of volatility,

the bands are self-adjusting: widening during volatile

markets and contracting during calmer periods.

Bollinger Bands were created by John Bollinger.

Bollinger Bands are usually displayed on top of security prices,

but they can be displayed on an indicator.

These comments refer to bands displayed on prices.

As with moving average envelopes, the basic interpretation of

Bollinger Bands is that prices tend to stay within

the upper- and lower-band. The distinctive characteristic of

Bollinger Bands is that the spacing between the bands

varies based on the volatility of the prices.

During periods of extreme price changes (i.e., high volatility),

the bands widen to become more forgiving.

During periods of stagnant pricing (i.e., low volatility),

the bands narrow to contain prices.

Mr. Bollinger notes the following characteristics of

Bollinger Bands:

- Sharp price changes tend to occur after the bands tighten,

as volatility lessens.

- When prices move outside the bands, a continuation of

the current trend is implied.

- Bottoms and tops made outside the bands followed by

bottoms and tops made inside the bands call for reversals in the trend.

- A move that originates at one band tends to go all

the way to the other band. This observation is useful

when projecting price targets.

Average True Range.

The Average True Range ("ATR") is a measure of volatility.

It was introduced by Welles Wilder in his book,

New Concepts in Technical Trading Systems, and

has since been used as a component of many indicators

and trading systems.

Wilder has found that high ATR values often occur

at market bottoms following a "panic" sell-off.

Low Average True Range values are often found

during extended sideways periods, such as those

found at tops and after consolidation periods.

The Average True Range can be interpreted using

the same techniques that are used with the other

volatility indicators. Refer to the discussion on

Standard Deviation for additional information on

volatility interpretation.

Chaikin's Volatility indicator.

Chaikin's Volatility indicator compares the spread between

a security's high and low prices. It quantifies volatility

as a widening of the range between the high and the low price.

There are two ways to interpret this measure of volatility.

One method assumes that market tops are generally

accompanied by increased volatility (as investors

get nervous and indecisive) and that the latter stages

of a market bottom are generally accompanied

by decreased volatility (as investors get bored).

Another method (Mr. Chaikin's) assumes that an increase

in the Volatility indicator over a relatively short time

period indicates that a bottom is near (e.g., a panic sell-off)

and that a decrease in volatility over a

longer time period indicates an approaching top

(e.g., a mature bull market).

As with almost all experienced investors,

Mr. Chaikin recommends that you do not rely

on any one indicator. He suggests using a moving

average penetration or trading band system

to confirm this (or any) indicator.
Sergey Golubev
Moderator
112894
Sergey Golubev  
newdigital:
Volatility.

Some indicators, aticles, and EAs:

- We have some good thread related to this subject.

- Some indicators you may find here (VoltyChannel_Stop indicator with settings explanation and here.

- BBands_Stop indicator with settings explanation (and new version is attached).

- And we have this thread with indicators (for MT3) and this one (MT4).

- And we have this e-book.

- Historical Volatility Ratio indicator is here.

- Volatility Quality Index indicator is here.

- Chaikin Volatility - New Stuff thread.

Some more good indicators from Igorad with the explanation of the settings:

- Chaikin's Volatility is here.

- DECEMA in one file is here;

- NonLagMA for separate window with straight color line view is here;

- Bull And Bear Balance Indicator by Vadim Gimelfarb is here;

- NonLagZigZag_v2 is here.

- VolumeAverage indicator (remake from TS version) and VolumeRSI indicator (with Volumes instead Prices) are here.

- MTF Volatility Pivot indicator is on this post and this one.

majlisb
24
majlisb  
newdigital:
Igorad developed some new indicators:

- Efficiency_v1 with different kinds of noise's calculation.

- Vertical Horizontal Filter (VHF).

- AdvancedAMA.

Hi,

What's the relationship between dotted and solid line ? Is it no trade zone if dotted line is above solid line ?

Sergey Golubev
Moderator
112894
Sergey Golubev  
majlisb:
Hi, What's the relationship between dotted and solid line ? Is it no trade zone if dotted line is above solid line ?

Which indicator?