Elite indicators :) - page 97

Mladen Rakic
151718
Mladen Rakic  

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I said that if I find more info about McGuinley dymanic that I will post it here, so here it is :

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Seems that the story repeats over and over :

Metastock formula of McGinley Dynamic indicator is not McGinley Dynamic indicator (at least if we decide to believe to John R. McGuinley, Jr.) According to his article in MTA journal 48 (Summer-Fall 1997) the formula to calculate dynamic is :
ND = PD + (Index-PD)/(N*(Index/PD)) where :
ND = New Dynamic

PD = Previous Dynamic

N = Length or period

Once that formula is applied, and if we use the recommended emulation ratio (60%) what we are getting (with slight deviation) are EMA values (on the picture posted red is EMA 20, and blue is 12 McGuinley dynamic calculated according to his specifications)

If you read the artice, at the end there is one more "New McGuinley dynamic" which differs in last part (the (Index/PD) is raised to 4th power). So if you set the Power parameter to 1 what you will get is the "original" one and with Power set to 4 you will get the "new" one.

Attached the original article by John R. McGuinley, Jr. too

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So, as a conclusion : no conclusion similar to praises I have found on a couple of places (as far as I see, all originating from that investopedia article). It is, more or less, just another way of calculating EMA. But what makes me wonder is, after these comparisons, what is that article posted at investopedia talking about? McGinley Dynamic indicator?

PS: you might want to compare the "metastock version" with ema of same length. Interesting ?

drhouse7
706
drhouse7  

FX Sniper's ergodic cci in bars

Hy,

is it possible to have fx sniper's ergodic cci in bars

(so it could be simple follow back results)

look the picture...in this example from line to line i would like to have red bars

Best regards

Doc

Files:
fx.png 39 kb
kingofsofia
58
kingofsofia  
mrtools:
Too cool Mladen, like the new TMA, when was first enlightened about SSA tried it on everything, check out WPR first one smoothed with SSA now bottom one same WPR Period with reg. SSA, the smoothed still crosses oversold and overbought quicker. The dots on the squeeze are with SSA and the histo with HMA.The HMA by Mladen a few pages back.

Sorry for pulling out an old post, but I finally managed to get the H$SSA working (it was crashing my MT for some reason). Anyway, the thing is I get only green dots in the middle, no red ones, any ideas why?

William Snyder
9496
William Snyder  
kingofsofia:
Sorry for pulling out an old post, but I finally managed to get the H$SSA working (it was crashing my MT for some reason). Anyway, the thing is I get only green dots in the middle, no red ones, any ideas why?

Still working for me since its the dots in the middle it must be the SSA, so make sure you have dll's enabled, also make sure you have the SSA dll and SSA Library in metatrader/experts/library.

Files:
sqz.gif 87 kb
kingofsofia
58
kingofsofia  

This must be the problem, the SSA. Any ideas where I can find? I did not come accross them while reading the whole tread, but I might have just missed them.

William Snyder
9496
William Snyder  
kingofsofia:
This must be the problem, the SSA. Any ideas where I can find? I did not come accross them while reading the whole tread, but I might have just missed them.

To make it easier just send you my copy! Put HMA in the zip just in case!

Hope this get it working for you

Files:
ssa.rar 15 kb
Mladen Rakic
151718
Mladen Rakic  

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It is on this post : https://www.mql5.com/en/forum/general but freely use the one from the post which mrtools kindly provided (the one from his post is the most recent one too) If you are looking for the source of it, than it is on the link provided (in the packed file)

regards

mladen

kingofsofia:
This must be the problem, the SSA. Any ideas where I can find? I did not come accross them while reading the whole tread, but I might have just missed them.
kingofsofia
58
kingofsofia  

Thank you for uploading this. The strange thing is, now that I added evrything, I no longer get anything in the indicator window, just blank.

Mladen Rakic
151718
Mladen Rakic  

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check the "allow dll imports" in the settings of the indicator (as on the picture, it shows empty screen when dll imports are not allowed)

kingofsofia:
Thank you for uploading this. The strange thing is, now that I added evrything, I no longer get anything in the indicator window, just blank.
Files:
ssa.jpg 17 kb
kingofsofia
58
kingofsofia  

Oh yes, mrtools told me about the dll's setting, and I totally forgot to check this, even though his post was just above mine. Sorry for that really

This indicator seems to be a really nice tool to use. Is there any repainting by the dots? I trade 1H or bigger TF, so it would take me a couple of days to spot if it repaints.