Elite indicators :) - page 210

Fudomyo
89
Fudomyo  
bkennedype:
Thanks...I'll give that a try. My coding skills are limited...but I'm stumbling along. This seems like something I can do. Ben

Actually I was a bit curious too, so made one to take a look.

Because of the buffer limits, indicator 1 has PP, SR1, SR2, SR3. I made an additional indicator for the SR4, SR5 levels.

Files:
yama728
76
yama728  

Please MTF

Hello mladen,

please adding MTF on this indicator.

thanks!

Mladen Rakic
151619
Mladen Rakic  

Ema deviations and using them ...

This is an experiment with a "funny" question as a conclusion ...

____________________________

The basis of the next couple indicators is an EMA deviations. First of all, it is not a standard deviation with ema used as the basis for standard deviations, so it can not be compared to it (comparison looks something like this, and as you see, the are different in more than one way)
In a lot of cases it is faster to react than the standard deviations and if it was the only property it had even than it would be useful. Immediate usage that comes to mind is making a Bollinger bands variation of it. So here is a "classical" bands variation of it too
What is immediately obvious that the bands break is very rare (remember, those are bands constructed using Close price and even like that High and Low fit so well into the bands) But since I already had a "should the bands be symmetrical or not ..." course of thinking even more obvious next step would be to make a asymmetrical bands version of this, so ...
Mladen Rakic
151619
Mladen Rakic  

...

Continued from the previous post : the asymmetrical version of ema deviations band ...

_______________________

Apart from keeping the best part (the very good high low prices fit within the bands) it adds a better "feeling" of the trend since in the times of trending, the opposite band is narrowing
Now the "funny question" (as I mentioned on the previous post. If it is possible to construct bands like this with reasonable parameters (so no zillion deviations distance from the average - the default used here is a boringly usual 2 deviations) the do bands breaks exist at all? Is it possible to use any band breaking system if there are bands that are (without using extrapolations, without using any kind of "prediction", ... ) enclosing the "price action" (I use that term here even though I hate that expression) 99% of the time? And if it is so, is there any kind of randomness in the market at all?

_____________________________

Now, after these questions, one more variation of the asymmetric EMA deviations bands : the oscillator. It makes it easier to see the position of the price within the bands. Also, in this version, the central EMA line is treated as a "non-fixed" position zero line (a sort of adaptive zero line, since it is at it's relative position within the bands)
_______________________

And now, if anybody got scared that I am going to write some more about this, don't worry This is all about this subject from me for now

altoronto
318
altoronto  

Synthetic Vix

Hi Mladen, can you add some magic in Vix indicator, smoothed, bands any suggestion is welcome of course

Thank you in advance.

Files:
Alex
93
Alex  

Hi Mladen,

Can you please fix this indicator? It does not show on the chart. It was posted on the Russian mql forum. Thank you.

Files:
Jimmy
652
Jimmy  

mladen,

Could you make an "All" version of the Digital Filter - Trend Score indicator with alerts?

For the alerts could you please set it up the following way:

Display TF: M1; M5; M15; H1

AlertTF: M1; M5; M15

AlertsonValue: 4; 4; 2

So, the indicator will alert only when "trend score" of timeframes M1, M5, and M15 are all either above/or below 4, ,4, and 2.

thanks,

jim

mladen:
newtrader100

Overlooked it, sorry. Here you go

It is set by default to alert when 3 digital filters slope points in the same direction. You can additionally set weights for every of the digital filters and alerting level (level 2 with weights all set to 1 means 3 in the same direction since the score is calculated in the following manner : up slope +1, down slope -1; so, for example a UUDU is +1+1-1+1=+2)
regards Mladen
Mladen Rakic
151619
Mladen Rakic  

profitrader21

It works

But you have to copy bdsp, lapackand mkl_support dlls to windows\system32 folder (dfdll can stay in experts\libraries folder) That is the problem that is characteristic to Sergey Iljukhin's dlls)

regards

Mladen

profitrader21:
Hi Mladen, Can you please fix this indicator? It does not show on the chart. It was posted on the Russian mql forum. Thank you.
biddick
339
biddick  
mladen:
Continued from the previous post : the asymmetrical version of ema deviations band ...

_______________________

Apart from keeping the best part (the very good high low prices fit within the bands) it adds a better "feeling" of the trend since in the times of trending, the opposite band is narrowing
Now the "funny question" (as I mentioned on the previous post. If it is possible to construct bands like this with reasonable parameters (so no zillion deviations distance from the average - the default used here is a boringly usual 2 deviations) the do bands breaks exist at all? Is it possible to use any band breaking system if there are bands that are (without using extrapolations, without using any kind of "prediction", ... ) enclosing the "price action" (I use that term here even though I hate that expression) 99% of the time? And if it is so, is there any kind of randomness in the market at all?

_____________________________

Now, after these questions, one more variation of the asymmetric EMA deviations bands : the oscillator. It makes it easier to see the position of the price within the bands. Also, in this version, the central EMA line is treated as a "non-fixed" position zero line (a sort of adaptive zero line, since it is at it's relative position within the bands)
_______________________ And now, if anybody got scared that I am going to write some more about this, don't worry This is all about this subject from me for now

Interesting work Mladen,

Since you said high low prices fit very well within the bands :

Can you make this band stop indicator based on EMA deviations similar to bollinger band stops?Thanks.

bkennedype
60
bkennedype  

Hi Fudo/mladen,

I've managed to modify this as well to suit my setup and will post it shortly. Simple question...where in the code do you change the line thickness?

Ben

Fudomyo:
Actually I was a bit curious too, so made one to take a look. Because of the buffer limits, indicator 1 has PP, SR1, SR2, SR3. I made an additional indicator for the SR4, SR5 levels.