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This MTF_NonLagMA_v7.1 SW indicator is using NonLagMA_v7.1 indicator from this post https://www.mql5.com/en/forum/general
So, download it and place to indicator's folder (and compile).
IndicatorValue is location of the indicator in separate window.
Default value is from 0 to 2:
But we can change it of course.
So, I attach first MTF_NonLagMA_v7.1 SW indicator to separate window (H1 timeframe):
And second one (to the same separate window):
And last one:
We can attach more.
Thus 1st indicator is TF=0 (current H1 on the chart), second one - H4 and 3rd one - D1.Hi I DID EXACTLY WHAT YOU HAVE DONE UP HERE...BUT STILL GET ONLY ONE DOTE LINE...OR..MAYBE LINES ABOVE EACH OTHER!!
DO I MISS SOMETHING?
THANK YOU FOR UR HELP
Hi I DID EXACTLY WHAT YOU HAVE DONE UP HERE...BUT STILL GET ONLY ONE DOTE LINE...OR..MAYBE LINES ABOVE EACH OTHER!!
DO I MISS SOMETHING?
THANK YOU FOR UR HELPSure you miss something.
Instructions works fine. Indicator works fine.
Could you please explain HOW TO USE IT BEST WAY?
Pretty easy.
Green line is a simple Standar Deviation and red line is the moving average of the Standard deviation.
When green line line goes above red one, market in gaining volatility, when goes below is losing. Dots are only markers between each period, volatility or not.
The idea comes from the Juice indicator made Igorad. I just looking a way to plot a dynamic trigger level.
In the picture below, trade when volatile increases.
The concept is also close to some indicators made Luis Ghillerme Damiani.
The dots are just gifts. But for some traders is a warning: wait to bar close
This is the Average True Range version. And the StD with one fix.
ZeroLagBands
Tricky tittle.
Bands based on zero lag algorithm.
TEMA Bands
TEMA: Triple Exponential Moving Average
The algorithm used was written by Rosh, I just added the Bands.
FRAMA Bands
FRAMA: Fractal Adaptive Moving Average by John Ehlers
Again, the algorithm used was written by Rosh, I just added the Bands
FRAMA: Fractal Adaptive Moving Average by John Ehlers Again, the algorithm used was written by Rosh, I just added the Bands
Great work Linuxser.. thank you..
I was wondering if it were possible to code the Fractal Dimension Index. There is a version of it done already that I've attached (it can be found here @ forex-tsd) However it's not the correct calculation of it.
I'm also attaching some links that lead to the correct way to calculate and interpret this indicator.
FXstreet Live Sessions Transcripts: Fractal Dimension Index (FDI). What it is, how it works and how to trade with it
Traders Tips - May 2003