Elite indicators :) - page 427

derfel
153
derfel  

Simple oscillator 3

Thanks for your magic.

derfel

Mladen Rakic
151197
Mladen Rakic  

Leader EMA ...

Just in order to clarify what exactly is "Leader of MACD" built of ...


Giorgos E. Siligardos in fact constructed a kind of a new moving average which we can call "leader EMA" (he calls it "a kind of a Zero lag EMA"). In normal MACD macd is calculated as ema(fast)-ema(slow) while in the leader macd the macd is calculated as leader ema(fast) - leader ema(slow). The trick he uses is to smooth the difference of the price and "first step ema" and then he adds that smoothed difference to the first step ema. That way he avoids the necessity for an additional parameter (and possible wrong decision) and makes a rather fast moving average

That would be all ... Maybe I should have posted this before, but posting it now. Here is the "Leader EMA" and a comparison of it to the regular EMA with same period (gray line)

leader_ema.mq4

I hope that this will clarify everything regarding the "Leader MACD" : we already have MACD of averages which covers quite a lot of MACD versions, so the "Leader MACD" is one more MACD in our collection

Files:
hazelj80
170
hazelj80  

real CMF histgram?

would any coder be willing to make this version of CMF if it doesn't exist with trend lines for divergences added as well?

Investor/RT Tour - Chaikin Money Flow

looks useful.

thanks in advance!

William Snyder
9496
William Snyder  
hazelj80:
would any coder be willing to make this version of CMF if it doesn't exist with trend lines for divergences added as well?

Investor/RT Tour - Chaikin Money Flow

looks useful.

thanks in advance!

Hi Hazelj80

There is one here with divergence and alerts

https://www.mql5.com/en/forum/general

If you prefer no jurik can just set smooth length to 1 or less

bebeshel
519
bebeshel  

Normalized Deviation of Donchian Channels on jurik mtf

Good night,

Mrtools,

could be done, the following indicator:

Normalized Deviation of Donchian Channels on jurik mtf.

Thanks

William Snyder
9496
William Snyder  
bebeshel:
Good night,

Mrtools,

could be done, the following indicator:

Normalized Deviation of Donchian Channels on jurik mtf.

Thanks

Nope, far as i know Donchian Channel doesn't use deviations it uses the high, low, and difference between high and low for the middle line.

brax64
158
brax64  

box breakout bug...

Hi MrTools,

hope everything fine for ya...

I need your help; from your indicator https://c.mql5.com/forextsd/forum/165/breakout_box_trend.mq4 I did extrapolate another one to draw just the boxes, but I'm getting a problem that I'm not able to fix .

During the week days everything is working fine but, on Friday, if I have in example the starting hour after 21:59, the indicator start to draw the box always at the 21:59 candle (the last one of Friday).

So if I have a starting time at 22:30 the box should start at 22:30 Sunday and not at 21:59 of Friday. Also could you please verify if the indi behave properly in platforms that have not the Sunday data?

Thank you very much if you'll find the time to help me!

Best Regards

Files:
William Snyder
9496
William Snyder  
brax64:
Hi MrTools,

hope everything fine for ya...

I need your help; from your indicator https://c.mql5.com/forextsd/forum/165/breakout_box_trend.mq4 I did extrapolate another one to draw just the boxes, but I'm getting a problem that I'm not able to fix .

During the week days everything is working fine but, on Friday, if I have in example the starting hour after 21:59, the indicator start to draw the box always at the 21:59 candle (the last one of Friday).

So if I have a starting time at 22:30 the box should start at 22:30 Sunday and not at 21:59 of Friday. Also could you please verify if the indi behave properly in platforms that have not the Sunday data?

Thank you very much if you'll find the time to help me!

Best Regards

Brax,

See what you are talking about changed the time to 23:00 it draws the boxes like you say but on Friday still at 22:00, been looking in the code haven't nailed it down, may have to put in code something to skip Friday evenings, but still looking, about Sunday i'm with Alpari UK and working fine here. Btw very nice job, looks good on my chart, would like to hear how you trade these. Anyway still looking but may be a job more suited for Mladen, he usually has a very simple fix for something like this.

Files:
boxes.gif 36 kb
brax64
158
brax64  

Hi MrTools,

hope that you download the correct version; the first one that I did post contain an error in the management of the breakout boxes (used if you put something > 0 in the "Breakout_offset" parameter) to be sure try to put a number in that parameter, if you get a mess re-donwload the indi please... sorry about that ...

about how to trade I use this just for indication, if it happens that those breakout are in confluence with support/resistance levels I start to watch closely price action around them, if I spot some candle pattern i try the shot.. with stop loss to the other side of the box and R:R 1:1 but only if the channel is not too wide (25, 35 pips max..)

Really thank you for trying!!!!

Knock Knock... Mladen..... have you heard that...??

mrtools:
Brax, See what you are talking about changed the time to 23:00 it draws the boxes like you say but on Friday still at 22:00, been looking in the code haven't nailed it down, may have to put in code something to skip Friday evenings, but still looking, about Sunday i'm with Alpari UK and working fine here. Btw very nice job, looks good on my chart, would like to hear how you trade these. Anyway still looking but may be a job more suited for Mladen, he usually has a very simple fix for something like this.

Best Regards

William Snyder
9496
William Snyder  
brax64:
Hi MrTools,

hope that you download the correct version; the first one that I did post contain an error in the management of the breakout boxes (used if you put something > 0 in the "Breakout_offset" parameter) to be sure try to put a number in that parameter, if you get a mess re-donwload the indi please... sorry about that ...

about how to trade I use this just for indication, if it happens that those breakout are in confluence with support/resistance levels I start to watch closely price action around them, if I spot some candle pattern i try the shot.. with stop loss to the other side of the box and R:R 1:1 but only if the channel is not too wide (25, 35 pips max..)

Really thank you for trying!!!!

Knock Knock... Mladen..... have you heard that...??

Best Regards

Brax,

In the DrawTc function if you change if(TimeDayOfWeek(TradeDate) == 5) to if(DayOfWeek() == 5) you get this, now need to figure out how to stop that starting line, then it will be done

Files:
boxes2.gif 36 kb