Thank you very much. Could you please also share with me the "Pivot points" tool depicted in your snapshot (looks quite accurate)?
Thanks & regards
Sure they've kinda been a work in progress but seem to work ok.
Yes, it may look like the attached high low activator composite, bearing the coding logic of my previous message, only with one difference.
In the high low activator composite you coded, when the periods don't agree (eg: periods 7 and 8 are bullish, but periods 9 and 10 being bearish, the composite indicator shows yellow color)
Can you add a twist to this, on the third state when the parameter sets of the "gann t3 high low activator histo" don't agree, the color of the histogram would be half blue half red, like in the foto i am attaching.
Ps: IF, MAKING THE HISTOGRAMS HALF BLUE HALF RED EATS UP TOO MUCH BUFFER OF MT4, DUE TO CODING RESTRICTIONS, IT WOULD BE OK TO MAKE THE HISTOGRAMS IN WHICH COMPOSITE PARAMETER SETS DON'T AGREE WHITE OR YELLOW COLOR.
AND ALERTING ONLY WHEN THE BARS BECOME FULL RED OR FULL BLUE (ALL PARAMETER SETS AGREEING ON COLOR CHANGE)
One more variation on the smoothing and adaptive theme
This one has it all : it is smooth, it can adapt (if you set the adapt period to > 1) and it can even be made faster (using the Smooth speed parameter). So, we have one more toy for playing with averages, filtering and smoothing
PS: this i not a super smoother (super smoother is faster with same parameters) but the addition of speed parameter can compensate to some extent the lack of that speed (end even make it faster for some "speed" parameter values)
Good morning Mladen,
Please would you be kind enough to comment on the behaviour of the Aroon Oscillator as per my screen-print - I marked the areas that baffles me.
Would appreciate hearing from you at a time when I just started thinking that it has potential. It seems as if the regular Aroon outperforms the Oscillator?
Successful day to you.
I am afraid I do not understand the question
That is simply a result of math : Aroon oscillator is a difference between Aroon up and Aroon down
I do understand the bit about the Math, but why don't I see something like that on the original?
Thanks for your time.
As far as I see the upper is RSI not Aroon oscillator. They are different indicators. Some more info on Aroon and Aroon oscillator (how are they calculated and used) can be found here : Finding The Trend With Aroon
Sorry Mladen, I should have blocked out the RSi. I have read the entire program about Aroon available from ChartSchool and are happy with the understanding of the indicator. It is just that the Oscillator seems to behave differently to the original.
Having said that, let us just step off the topic, plse. In future I will only show the indicator in question; my apologies.
Once again thank you for your time which is know is scarce.
Which one is the original?
The one that is corrected works exactly as the original Tushar Chande indicator does. As far as I am aware, and from what I saw, all the other versions for metatrader I have seen over the years are having the same error and will never be able to reach the extreme values as they should, so we can say that these versions : https://www.mql5.com/en/forum/173526 are the original Tushar Chande Aroon indicators