I'm looking for any help if possible to a nagging issue.
Do you have any suggestion for a non-repainting indicator that could be helpful in helping to determine trend deceleration or slowdown prior to the actual trend reversal.
This is especially helpful on an 8 pip Renko bar chart, where a lot of great indicators simply show a change in direction or cross, etc. after the reversal actually takes place ( ie., 8 pips later ).
Thanks for all your time and effort to try to help, once again.
I am afraid that due to constant bar sizes and constant price changes on a renko type charts, anything that shows momentum (acceleration/deceleration) can not be used on those chart to show information it is supposed to show
Thanks again for all of your terrific help about Renko bar limitation. I also use a 5 and 15 minute time charts as well with the Renko for observation.
Is there any indicator that I could put on the time chart to help show deceleration or slowdown in the trend move prior to trend reversal?
Thanks as always for the brilliant insights and of course, for all of your time and effort to help.
Did you try using velocity indicator for that?
Version compatible with the new mql : fx_sniper_ergodic_cci_triggeralertfast_mtf_arrows_v1_nmc.mq4
Here you go
PS: for alerts on closed bar set the alertsOnCurrentto false
Updated special rsi compatible with new mql : rk-special_rsi_arrows_alerts_amp_mtf_nmc.mq4
As of additional time frames : that way you are trying can be done in only one case - if you have some separate script that is saving data in required format (the "M12" and "M18" are the ones that need to be done so), something similar to some range bar scripts. The "M18" can not be reconstructed from historical data, nor it can be "fitted naturally", so I it can not be done without anchoring, and any anchoring (or changing the anchoring) would cause repainting
Updated version compatible with new mql : hilow_channel_-_jurik_smooth_-_mtf_hist_nmc.mq4
Is it possible to make an indicator that shows the "angle" (0 - 90 as it would never go over that) of the ADX from the WildersDMI_v3 cycle periods indicator?
Try it out : wildersdmi_v3_cycle_periods.mq4
I am afraid that it is not possible with ADX
When I was making the approximation for moving average I used ATR to convert time into a price (without that it is impossible to get anything meaningful) but we can not use ATR for ADX (completely different units of computation)
Will think more of it but I am not optimistic that there is a way how to convert "time slices" to ADX like values that would, at the end, produce angle
Are you using H1 with HAoffline? I can't seem to get the same chart. I know Mladen said that you mostly use M15. Do you also have a Ha on the screen. Can you post your chart indicators??