Elite indicators :) - page 1395
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To: mladen
If you don't mind I have other question in my process of improving the visual analysis.
It's about one indicator you made - Dynamic zone Value chart StepMa pdf arrows alert - in wich is a StepMa
(with trend color change) that I would like to know if it can be made as "alone" indicator to display on major
chart graph, just like the "stepma averages" ?
In stepma averages I can't find any adjustment that has same results...
Thanks again.
It can not be transferred to main chart - completely different range of values
Ok, then.
Thanks anyway.
Thank you mntiwana. You've been very helpful.
May i ask you something.
In your knowledge, what is your indicator in detecting peaks and troughs?
Diagram above illustrates my intention.
One of them is semafor imo. The way to use it, confirming it with no-repainting indicator & right lot size. Calculate your position from top/below latest semafor. In that sense, if you lose some money - you able to recuperate from that loss. If you win, probably higher risk:reward because you sell/buy right at highest/bottom range.
Another one most probably vertex_mod (attached). Stochastic also have been very great, but vertex always give better results.
Any other suggestion mntiwana?
for me zigzagcolor is one the most flexible and accurate component to draw tops and bottoms...
https://www.mql5.com/pt/code/10650
Added the option for arrows on slope and or arrows on zero cross.
Hi ,
Can you tell me what are the lines on the background ? they look like MMs lines.
Thanks.
There is one issue that was probably causing the lack of conversion to mt4 : it is using an array to store new and retrieve those from previous bars. It is limiting the calculation length top 30 (the way he is using it), but also needs a very large array in mt4 to hold all those values. Not sure that I can remove the limitation of calculation length
If it is not possible with mql4 array structure,is itpossible to do it in mql5?
Same issue with arrays
Tradestation is working with arrays in a much different way - to the extent that it is as transparent as it gets and users often do not notice that they are using arrays. That, unfortunately can not be "imitated" easily
for me zigzagcolor is one the most flexible and accurate component to draw tops and bottoms...
https://www.mql5.com/pt/code/10650
This is an enhanced indicator from this post : https://www.mql5.com/en/forum/173380/page8
First, as an addition to the description that can be found on the post from that link, one video that might be helpful for usage of relative volatility index
Now the rest : this indicator can still use the fixed levels (as the "basic" version) but in this case it clearly shows how introducing floating levels can completely change the nature of the indicator. This indicator has the floating levels (which you can turn off by setting the floating levels to less than 1), and it seems that it really needed something like that (like all rsi like indicators, long periods of relative volatility index tend to get flatter and flatter, and then the fixed levels are becoming useless).
Some experimenting is recommended
Dear Mladen,
Would it be possible to add (for testing and experimenting purposes) an option to draw vertical lines (or arrows) when the color changes? Thank you!
Same issue with arrays
Tradestation is working with arrays in a much different way - to the extent that it is as transparent as it gets and users often do not notice that they are using arrays. That, unfortunately can not be "imitated" easily
Mr.mladen please give the link of (WAVE TREND OSCILLATOR) thankyou...........
Here are the two latest versions