Elite indicators :) - page 471

dakiki
125
dakiki  

Hello Mldaden,

How is one to find out symbols that have real value?

Thank you

Daniel

Mladen Rakic
154441
Mladen Rakic  

Volume weighted ADX (Wilder's DMI) ...

This is a volume weighted ADX (Wilder's DMI is in fact an original ADX as it should be)

Just in case added an option with which you can choose : if you wish the volume weighting, set the VolumeWeighted parameter to tru, if not set it to false and in that case you are going to get a "simple Wikder's DMI. Here is a comparison of the "non-weighted" (upper) and volume weighted (lower)

PS: updated the indicator so that the ADX value itself is calculated as volume weighted EMA not just the DI+,DI- and the true range (so it is a "completely volume weighted version" now

brax64
158
brax64  

trades log v1.5

Hi everybody,

another step forward in my trades log indicator, version 1.5.

Now it has also a money management section and a balance section to display; the balance section has its own panel separated from the trade log panel; the money management section will be shown beside the standard panel (not shown if "Compact_mode" is true); both panels can be placed in the main window or in any sub windows and have the possibility to select the corner too.

The pending orders are visualized darker then the active ones; in the "Stop Loss" and "Take profit" columns are visualized the values plus the distance (in pips) from the current price (updated in real time for active orders).

When the price will be 10 pips from the entry (for pending orders), its value will turn Lime; as well for the active orders if the price is within 10 pips from the stop loss or the take profit levels, they will turn Lime (take profit) or Red (stop loss).

The "Quote" column" shows the Bid value for buy orders or the Ask value for sell orders.

To get the money management working properly you'll have to set the "Risk" parameter (max percentage of the "free margin" available in the account, allowed for each trade).

If the risked amount is below the risk% value, will be shown in dark Green; Red if above; if no stop loss is set it will show a Yellow remind; if the stop loss level is above/below the entry (for buy/sell active orders respectively), it will show the amount of pips locked and the current money value in Lime color.

I did use a special fixed width font to get the values in the columns perfectly aligned, you can download it for free here:

Anonymous Pro

then install it in your window/fonts folder.

See the pictures about the different type of visualization you have available.

The "hidden_mode" parameter, if set to true, will hide all the panels (useful to have a clear vision of the chart without removing the indicator).

The "Background" parameter, if set to true, will displays all the information on a colored panel (you may choose the color).

It works without adjustment in 4 and 5 digits platforms; let me know if you find issues/bug

Best Regards

Mladen Rakic
154441
Mladen Rakic  

Kalman filter ...

This indicator was originally developed by GammaRat ( a very interesting man indeed)

Some more information on Kalman filter can be found here : Kalman filter - Wikipedia, the free encyclopediaIt had some problems but in this version all is cleaned up. Just to remind that Kalman filter always predicts (it is drawing a current bar from previous bar values) so it makes i a a kind of a unique indicator among all the indicators. I usually use the combination of 2 : one with sample period of 41 and the other with 25 and no channels (deviation level 2 set to 0 too) That way it can be used in a "signaling mode" too

rcbarlow
85
rcbarlow  

What are the lines in the center? I don't get any lines in the center.

Mladen Rakic
154441
Mladen Rakic  

...

Here is a template with which you are going to get the combination of 2 Kalman filters on chart. Just copy it to templates sub-folder of you metatrader main folder and apply the template to the chart

_________________________________________________

PS: I usually use Kalman filter on 1 hour or 4 hour chart (something like this : this is a 4 hour EURUSD chart. I recommend you look at it in the past too since there are some very, very interesting parts showing how the filter behaves in some periods

rcbarlow:
What are the lines in the center? I don't get any lines in the center.
Files:
traderduke
533
traderduke  

USD Index

mladen

Can you tell how you arrived at the ratios used on line 77 for the USD index, I would like to do that for EUR & GBP.

Thanks

Ray

Mladen Rakic
154441
Mladen Rakic  

Ray

As far as I know, the dollar index formula is derived from experience. Here is a link to one document that might help Dollar index calculation . How did they get exatly those values I really am not aware of

traderduke:
mladen

Can you tell how you arrived at the ratios used on line 77 for the USD index, I would like to do that for EUR & GBP.

Thanks

Ray
Mladen Rakic
154441
Mladen Rakic  

Trend Trigger Factor with pre-smoothing ...

This is a variation on the Trend Trigger Index theme but with a twist ...

There are versions that are using smoothing on the calculated TTF value, but they are using "post-smoothing" (already calculated TTF values is additionally smoothed) but that way always adds lag. I was wondering what would happen if we smooth the prices used in calculation (high and low) prior to calculation. It seems to be working OK since the lag added this way is substantially less than with any post smoothing method of the same length.

Here is a comparison of the 5 period double ema pre-smoothed (upper) with 15 period double ema pre-smoothed (lower). As it is obvious, added lag is smaller than it is expected and the results are acceptable (at least that is my opinion)

PS: pre-smoothing methods are our usual 18 types of averaging :

0 -Simple moving average

1 -Exponential moving average

2 - Double smoothed EMA

3 - Double EMA

4 - Triple EMA

5 - Smoothed MA

6 - Linear weighted MA

7 - Parabolic weighted MA

8 - Alexander MA

9 - Volume weighted MA

10 - Hull MA

11 - Triangular MA

12 - Sine weighted MA

13 - Linear regression value

14 - IE/2

15 - Non lag MA

16 - Zero lag EMA

17 - Leader EMA

updated version posted here: https://www.mql5.com/en/forum/general

Sergey Golubev
Moderator
113447
Sergey Golubev  

Hi Mladen,

As I understand - it is some kind of variation of TTM/Trend scalp indicator/system from here, right?

I remember - I traded it with good results here:

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

If yes so thanks a lot.

I updated this link:

https://www.mql5.com/en/forum/178673/page2