Thanks for the explanation.
Is it possible to make an indicator that shows the "slope" of ADX instead of "angle"?
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)
That can be done
Will be made for tomorrow
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??
Ray, yes am using hourly ha offline charts, settings I'm using are SmoothPeriod1 = 7,SmoothMethod1 = LWMA, SmoothPeriod2 = 7, and SmoothMethod2 = LWMA, the only other indicator on that picture(besides the news indicator) is the T3 Itrend. I have pretty much gone to higher time frame charts(hourly+) due to time restraints.
Along with the request from yesterday, could you make the LinearRegslope "adaptive" so it is based on the cycle period indicator?
In addition, could you add options of "pre-smoothing period" and "pre smoothing mode (SMA, EMA, SMMA, LWMA)?
Thanks a lot!
Linear regression is integer bound calculation (it can not calculate fractional periods)
That makes it less suitable for being adaptive by cycle period (it would make it "choppy")
Would it be possible to round the length up like you did for polyfit r squared indicator?
Will check to see what will we get
Try this one : linearregslope_ca_adaptive.mq4
PS: CyclePeriod_v2 is necesary for the indicator to work cycleperiod_v2.mq4
At the example upper is the adaptive, lower is the regular version
Averages_Envelopes from here: https://www.mql5.com/en/forum/general updated with all 20 of the averages now and made to be compatible with new mt4 builds.