Given your amazing knowledge and experience over a long period here, what in your view what are the best indicator(s) that you have seen (the ones you would put on your charts). Would be interested in your perspective on this.
I am afraid there is no simple answer to that
In my opinion there is a lot of good indicators, it only depends on the system you are using which one and how you use them. Just see for example what newdigital is doing : man, sometimes I think that he can take a wooden stick and make it work in trading. And probably the most important part of trading is not in indicators at all - the risk. If you use the maximum 0.5 to 1% risk rule than you are on a safe side.
What I can tell you that my yearly average is somewhere from 25 to 27 % and that I am quite happy with it and that I can trade that way without too much stress (not always, of course ) but most of the time
Would you please add the same modifications of your Swami stochastic 2.01 to your Swami aroon oscillator, namely, ForSymbol, invert, Swami on/off.
Is the the Swami aroon the only trend-following Swami-based indicator available? I can't think of any other bounded trend indicators that can be converted.
Thanks again!!! And have a restful weekend.
kindly can we have a colored version of Haco indicator ?
Thank you in advance
Swami aroon oscillator 2 ...
Here you go Added changeable symbol and inverted option too. Also, as you can see, you can choose the colors used in it. As of some other trend following indicator that could be made generic (in the first place) and "swamized" I am opened for suggestions, so if anybody has an idea that could be used for this kind of indicator, please let me know
btw: A pleasant weekend to all
haCo histogram ...
Can it be like this ? Upper is the classical and lower is the histo version with colors added and how they compare
You rock thanks a lot Mladen
Hello Mladen and MrTools,
Thank you very much for all the updated indicators over the past few days. It is very much appreciated!
Just as a suggestion, maybe it is possible to have any histogram as a histogram where the bars appear next to each other, instead of up and down? Like this one saves space.
Have a nice Sunday!
Here you go
Now that google search box finally works again, I was able to locate the document that might help you when it comes to normalization. It was posted at this post here : https://www.mql5.com/en/forum/178276/page30
In my opinion all they suffer from one problem : for indicators like velocity the "deforming" would be simply to big and it would (the normalization itself) turn the velocity indicator into something different than the intended. And taking into account that inverse fisher transform is a kind of a normalization too, we would have a normalization of a normalization. As good as ift is in some cases, I think that in some other cases (due to the limitations of it) we should simply try completely different approach of emphasizing signals