Elite indicators :) - page 409

Mladen Rakic
151721
Mladen Rakic  

San

The channel on that version is made to be as the built in liner regression channel indicator. If I understand what are you aiming for, you are right : they (in the linear regression channel) are using a rather naive way of constructing a channel. The goal in that version was to put them all "under one hat" ...

Maybe (not maybe but probably) this version here is a better way to do a channel "construction". In this one channel upper and lower bands are calculated from a standard error of a linear regression (added multiplier for flexibility reason only but default channels is "2 errors" wide. sort of speaking. and I think it is good enough even for estimate). Unlike the previous version you will notice that the bands are not widened if the price breaks out, so it can even be used as a kind of breakout indicator. All this is still just a scratching on the surface of linear regression can be used to make much more things but all in due time (when everything is 100% checked and 100% sure (I would hate to be responsible for irresponsible claims or indicators)

So, to end : it looks similar, but the channel is far, far away from the previous version and from the metatrader built in linear regression channel (in the example I used a 50 period linear regression to make the difference more obvious - the built in channel and a channel from previous version would be much wider, and it is interesting to see where the price "danced the most" and what was the range in this example )

regards

Mladen

Snowski:
Hi mladen,

thanks for the nice work on lineair regression. How are the residuals handled? Perhaps we can/should use them somehow, as they might indicate reliability of current state?

Cheers, San.
Gramski
419
Gramski  

Hello,

Would someone please make this averages and confidence bands indicator into an MTF version with interpolation option?

The concept of having the confidence bands looks useful.

William Snyder
9496
William Snyder  
Gramski:
Hello,

Would someone please make this averages and confidence bands indicator into an MTF version with interpolation option?

The concept of having the confidence bands looks useful.

Here you go Gramski now mtf!

ps) the picture four hour non lag bands on hourly chart.

san4x
324
san4x  

This indicator was shared publicly (on another forum).

Kind request to add (jurik) smoothing algorithm to this Correlation indicator. I guess we have to be careful not to induce too much lag tho.

Interesting features to watch: see screenshot. Watch EURUSD on USD weakness and vice versa, especially around the 0 line crossings.

Thanks in advance!

San.

Gramski
419
Gramski  

Thankyou Sir!

clc4x
50
clc4x  

Hi, could you please exclude Sunday Bar?

mladen:
Revisiting some "old" stuff and found a thing that might be interesting to all


It is based on "Trading the Trend" by Andrew Abraham article in TASC.There had been a lot of "reincarnations" and renamed versions of that system (see some of the indicators in Jan Arps toolbox for example (see their prices too ;()) but I thought that it might be good to have the one coded after the original article (attached here is well, wit explanations as of "how" and "what").

There is one deviation though in the code that I made. In the original conditions testing is done on closed bar exclusively, while in this version I allow to use current (still not closed bar) in testing. If one wants the original way, then the TestBarparameter should be set to 1, otherwise if set to 0 it will test current bar instead

clc4x
50
clc4x  

hpt_-_wsro.mq4

Could you please make it to support MTF? Thanks

Files:
Mladen Rakic
151721
Mladen Rakic  

...

Here you go

regards

Mladen

clc4x:
hpt_-_wsro.mq4 Could you please make it to support MTF? Thanks
Files:
umeshkathuria
30
umeshkathuria  

Hi mladen,

I'm trying to build this EA based on your "Sto_CCI_RSI 2" indicator given here.

I'm using this indicator on two different time frames but the EA is not considering the condition for higher time frame indicator.

Request you to kindly rectify this.

Thanks,

Umesh

mladen:
devinci

Here you go

There were some problems in the code that caused the repainting in the previous version (actually there was not limit to how many bars it could repaint since some variables states were inherited from previous calculation loop, and those were causing problems when new ticks were coming in - the longer you left it working, the bigger the distance in bars for that error could be)

It is corrected now and mtf and alerts are added (here is and example in a mtf.mode)

As of usage from an EA : the simplest way is the following :
int trendNow = iCustom(NULL,0,"Sto_CCI_RSI 2","",RsiPer,StochPer,CCIPer,Hot,Smoothing,4,0);

int trendPre = iCustom(NULL,0,"Sto_CCI_RSI 2","",RsiPer,StochPer,CCIPer,Hot,Smoothing,4,1);

if (trendNow!=trendPre)

if (trendNow==!) ... code for buying

else ... code for selling

regards

Mladen
Files:
Mladen Rakic
151721
Mladen Rakic  

Umesh

Here you go

regards

Mladen

umeshkathuria:
Hi mladen,

I'm trying to build this EA based on your "Sto_CCI_RSI 2" indicator given here.

I'm using this indicator on two different time frames but the EA is not considering the condition for higher time frame indicator.

Request you to kindly rectify this.

Thanks,

Umesh