Elite indicators :) - page 385

Hercs
2970
Hercs  

Favour plse..

MrTools, would you mind programming this indicator so that the arrows can also be individually adjusted like the "pCCi" you so kindly changed?

Thanks in advance.

Hercs
2970
Hercs  

Mladen for advice plse...

Hi Mladen,

Would you mind telling me how the ATR in the "Step stochastic pre-smoothed" actually works, plse?

I have had tremendous success with low settings such a 1 (would you believe it), but discovered since that it is actually better set @ 20 (your default was @ 10), but with tweaks to the K.Slow.

Just a short explanation would be great please.

Thanking you in advance.

William Snyder
9496
William Snyder  
ValeoFX:
MrTools, would you mind programming this indicator so that the arrows can also be individually adjusted like the "pCCi" you so kindly changed? Thanks in advance.

No problem Valeo.

Hercs
2970
Hercs  

Thanks again Bill..

mrtools:
No problem Valeo.

Many thanks, Bill. Much appreciated. Enjoy the rest of your weekend.

Best wishes.

Mladen Rakic
151206
Mladen Rakic  

ValeoFX

It is a "measure" or a "criteria" for "stepping". You actually have 2 ways of "choosing" ATR - first it is ATR (average true range - the stress is on average) and if you use period 1 for average true range it becomes a true range (no averaging done) and then a minimal and maximal ATR or TR is cheeked for in the last WindowSize data (the window size limitation is used in order to prevent "infinite length" checking as well as implicit repainting - to remind that it does not repaint any more nor does it deform due to "infinite length" search). Value found that way is then used for further calculations (no linear values used in stochastic calculation, but already "stepped" values)

Hope this clarifies what is ATR used for in step stochastic

regards

Mladen

ValeoFX:
Hi Mladen,

Would you mind telling me how the ATR in the "Step stochastic pre-smoothed" actually works, plse?

I have had tremendous success with low settings such a 1 (would you believe it), but discovered since that it is actually better set @ 20 (your default was @ 10), but with tweaks to the K.Slow.

Just a short explanation would be great please.

Thanking you in advance.
Mladen Rakic
151206
Mladen Rakic  

Corrected average

Here is one more indicator


Original idea for it is from Andreas Uhl. It seems that professor Uhl is a rather interesting person. For some further links regarding him, here are a couple of pages page which can be used for further searches : http://www.cosy.sbg.ac.at/~uhl/ or Multimedia Signal Processing and Security Lab . And as it is seen from this post, he occasionally takes part in the TA too.

The corrected average should not be used as a regular average. It is more a support / resistance study than an average and, in my opinion, its primary usage should be that. In the original idea the only average that is used is the simple moving average but I decided to experiment with a couple of other averages to see what results are other "basic" averages going to produce. Also, in order to see how could the functionality of it be extended, decided to ad a mode (MiltiColormode) which is a cross of corrected average and its basic average (ie: if a corrected average is made of, for example, Hull moving average, than the crosses are of corrected average and Hull moving average) and in that mode it can be (based on usual inspection and test) used as trend detection indicator (on longer time frames especial;y) That is easiest to see if one turns the visibility of "basic average" on with AverageVisible parameter. So in the end, this indicator is able of producing corrected averages of

0 - simple moving average

1 - exponential moving average

2 - smoothed moving average

3 - linear weighet moving average

4 - parabolic weighted moving average

5 - volume weighted moving average

6 - Hull moving average

7 - triangular moving average

8 - sine weighted moving average

9 - linear regression (lsma)

10 - non lag moving average

11 - zero lag moving average

I used these since all these can be used without any additional parameter added to indicator (to keep the usage as simple as it can be). Default average used as a "basic average" in this one is zero lag moving average, but as I mentioned, the original was on simple moving average. Here are some example that can be produced with the indicator

PS: this indicator has one unusual price : price 7 is (High+Low+Open+Close)/4 (it does not exist as a price type in metatrader, but decided to use it in this indicator) It seems as a good choice in some cases

Files:
William Snyder
9496
William Snyder  

This is Demark oscillator with jurik smoothing, it is multi color and multi time frame with alerts and arrows which should go off when the price is leaving oversold or overbought with the over sold and overbought controlled by user adjustable levels, the multi coloring should go as the slope of the line goes.

ps) was a coding error in how the arrows were displayed on non multi timeframe. The version now posted is corrected version.

Files:
camisa
587
camisa  

EDITED: forget this request: solved

Hello, the attached indicator only prints an arrow after the candle closes; can someone rewrite the indicator so that it prints the arrows during candle?

traderduke
531
traderduke  

mladen,

I am getting false hits on the trend and then of course on the arrows?? The arrows are on the 5 min setting.

See attached:

The hama1 at 5:19 shows trend -1 then hama2 at 5:20 shows 1 even though the readings support -1, HAMA3 just shows the 5min hama with the problem?? Causing havack with my EA, also the EA works with the chart period but I can't get it to work with a different period such as 1 m chart with a 5min HAMA in the EA.

Sorry if I'm not clear.

Thanks

Ray

Hercs
2970
Hercs  

Thank you Mladen

mladen:
ValeoFX

It is a "measure" or a "criteria" for "stepping". You actually have 2 ways of "choosing" ATR - first it is ATR (average true range - the stress is on average) and if you use period 1 for average true range it becomes a true range (no averaging done) and then a minimal and maximal ATR or TR is cheeked for in the last WindowSize data (the window size limitation is used in order to prevent "infinite length" checking as well as implicit repainting - to remind that it does not repaint any more nor does it deform due to "infinite length" search). Value found that way is then used for further calculations (no linear values used in stochastic calculation, but already "stepped" values)

Hope this clarifies what is ATR used for in step stochastic

regards

Mladen

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

Many thanks, Mladen. Much appreciated.