Is there any chance of a MTF version of this beauty that you coded? Also, would there be any advantage in basing it on new RSX?
it`s possible to add mtf function to this cja-indicator?
Here you go
As always, many thanks Mladen.
Would it be possible to amend the colour coding so that the if it is above the signal line but heading down, or below the signal line and heading up, it is yellow.
An old one but ... made differently ___________________________
- minimum and maximum average true range are inherited from a previous bar and thus it makes it depend on the number of bars used in calculations (displayed on chart - for example : if you change the number of bars displayed on chart, all of a sudden you are going to get completely different current results - in short, it will repaint)
- the rest of the calculations depends on that "inherited" value, and, since with time the minimum and the maximum are just getting bigger (maximum) and smaller (minimum), the "step quality" of the step stochastic is simply lost when big enough number of bars pass (so the step stochastic becomes deformed and is not a "step" stochastic any more on newest bars) Here is an example of what I mean by this : upper is still having regular steps, and the lower already lost them (with more bars it will just become smoother and smoother, and eventually it will have no "steps" at all)
Made it this way. You can change now the colors for all 4 "states" as you wish
Sorry Mladen, my request was for rsx + ma + tma abands & mtf.mq4 for the third colour.
Apologies for misunderstanding. Is it possible?
I am one drawing buffer short to do that Sorry