Elite indicators :) - page 177

yama728
76
yama728  

Hello

This indicator is MACD.

Please MTF...thanks!

Mladen Rakic
151200
Mladen Rakic  

ValeoFX

Here you go

While doing it it occurred to me that it might be useful to smooth the indicator a bit. Used Jurik smoothing for it (default is a very, very mild smoothing with only 2.5 period (in Jurik smoothing as in some other good smoothing methods, the period used does not have to be an integer)) As a comparison : upper is without smoothing (if you set the smoothing period to equal or less than 1), middle one is with default smoothing and the lower is with smoothing 10

Maybe the smoothing can reduce the number of false signals (since this indicator sometimes tends to "dance" around the 0.5 line)

regards

mladen

ValeoFX:

====================================================

Hi Mladen,

Please would you add an arrow when the indicator goes through the 0,5 level preferably onto the candles directly?

Thanking you in advance.
Hercs
2970
Hercs  

Thanking you.......

mladen:
ValeoFX

Here you go

While doing it it occurred to me that it might be useful to smooth the indicator a bit. Used Jurik smoothing for it (default is a very, very mild smoothing with only 2.5 period (in Jurik smoothing as in some other good smoothing methods, the period used does not have to be an integer)) As a comparison : upper is without smoothing (if you set the smoothing period to equal or less than 1), middle one is with default smoothing and the lower is with smoothing 10

Maybe the smoothing can reduce the number of false signals (since this indicator sometimes tends to "dance" around the 0.5 line)

regards

mladen

==============================

Hi Mladen,

Once again a brilliant piece of work as you seem to strive towards thinking "outside of the box" all the time. I do appreciate you very much and thank you most sincerely for this favour bestowed on me.

You are a blessing to all of us.

peterke
54
peterke  

ALF Alert

Polite nudge

rgds

Peter

peterke:
Mladen, would it be possible to add 2 alert options to the ALF indicator please.

The first is on the first touch of the AlF line per candle and the second is a close over or under the ALf line

Eg If price crosses from below ALF line and closes above on a single candle Alert shold signal twice ( once ofr the first touch and the second for the close over the ALF line)

Equally the same would apply if price started above the ALF line and closed under.

If possible can the Alert signal make sound and message and also place an arrow on the bar.

Your help with this would be appreciated

regards

Peter
Mladen Rakic
151200
Mladen Rakic  

Peter,

can you please explain what do you consider a "touch". I am asking because actual touches (when both values are the same) are very rare in any indicator that is not using rounded values and then some kind of "pip tolerance" must be invoked (imagine it as a narrow channel and if the compared price falls into that narrow channel then it is considered a "touch", otherwise touches would be extremely rare)

Is that similar to what you have in mind?

regards

mladen

peterke:
Polite nudge

rgds

Peter
peterke
54
peterke  

Alf

Mladen, I think cross would be the word I should have used. Does that help?

tks for looking into this

Peter

Hercs
2970
Hercs  
ValeoFX:
==============================

Hi Mladen,

Once again a brilliant piece of work as you seem to strive towards thinking "outside of the box" all the time. I do appreciate you very much and thank you most sincerely for this favour bestowed on me.

You are a blessing to all of us.

================================

Good morning Mladen,

Indeed an excellent observation regarding the smoothing; thanks. I find that the 2,5 works best for me as I need to see where one could possibly add to your trade.

Just a question please regarding the coding; on Line152 you have the Arrow as "false" - is that correct?

It seems to function perfectly as it is, but I just need your confirmation please.

Wishing you a great day.

Mladen Rakic
151200
Mladen Rakic  

Peter

This one is made according to your description

A couple of explanations : the assumption is that if alf (adaptive laguerre filter) value lays within high-low of a bar then the close of that close must have been at some stage over or under the alf value too. Hence the checking just needs to check if the close is above or bellow the alf line in those cases and that is a sort of crossing (close above or bellow shows the type)
One problem arises from that : when it is a current bar, whenever the close crosses the alf line it needs to alert you a different type of crossing (since the previous type was different). So, in cases when the close "dances" around the alf line you can get a lot of alerts. Hence I do not recommend using the alertsOnCurrentfeature (alerting on current open bar) but just on a previous closed bar (alertsOnCurrentset to false)

Apart from alerts, arrows added too. In mtf mode arrows are shown only on the first bar belonging to the target time frame bar. Try it out, see if it is what you had in mind

peterke:
Mladen, would it be possible to add 2 alert options to the ALF indicator please.

The first is on the first touch of the AlF line per candle and the second is a close over or under the ALf line

Eg If price crosses from below ALF line and closes above on a single candle Alert shold signal twice ( once ofr the first touch and the second for the close over the ALF line)

Equally the same would apply if price started above the ALF line and closed under.

If possible can the Alert signal make sound and message and also place an arrow on the bar.

Your help with this would be appreciated

regards

Peter

_____________________________

ValeoFX

In that case the "false" means that it is not an up arrow (one procedure used for drawing both type of arrows, so it simply "tells" the procedure that it should draw a down arrow)

ValeoFX:
================================

Good morning Mladen,

Indeed an excellent observation regarding the smoothing; thanks. I find that the 2,5 works best for me as I need to see where one could possibly add to your trade.

Just a question please regarding the coding; on Line152 you have the Arrow as "false" - is that correct?

It seems to function perfectly as it is, but I just need your confirmation please.

Wishing you a great day.

regards

mladen

Files:
peterke
54
peterke  

Alf

Mladen tks, its putting up more signals than I thought it would. Seems obvious now but didn't before. I will run for a few days and see how we go. I appreciate your taking the time to do this

rgds

PEter

mladen:
Peter

This one is made according to your description

A couple of explanations : the assumption is that if alf (adaptive laguerre filter) value lays within high-low of a bar then the close of that close must have been at some stage over or under the alf value too. Hence the checking just needs to check if the close is above or bellow the alf line in those cases and that is a sort of crossing (close above or bellow shows the type)
One problem arises from that : when it is a current bar, whenever the close crosses the alf line it needs to alert you a different type of crossing (since the previous type was different). So, in cases when the close "dances" around the alf line you can get a lot of alerts. Hence I do not recommend using the alertsOnCurrentfeature (alerting on current open bar) but just on a previous closed bar (alertsOnCurrentset to false)

Apart from alerts, arrows added too. In mtf mode arrows are shown only on the first bar belonging to the target time frame bar. Try it out, see if it is what you had in mind

_____________________________

ValeoFX

In that case the "false" means that it is not an up arrow (one procedure used for drawing both type of arrows, so it simply "tells" the procedure that it should draw a down arrow)

regards

mladen
Hercs
2970
Hercs  

Thanks Mladen

Hi Mladen,

Thanks for the explanation regarding the "arrows".

Best regards.