Cycle indicators - page 12

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thanks for sharing

Does it repaint ?

 
flowe:
thanks for sharing Does it repaint ?

yes,these indicators are a little repainting. you must do it in demo account. when you can win,then you can use them in real account

 

YOur indicators and Template

Yourspace,

Please post your indicators and template. This will prob\ably take you all of 5 minutes to do, plus if you have different than stock setting for any indicator yout template file as well as your inidcator file will register this. Ths is much faster than everyone searching all over the forum when you can simply put everything in one post. I am very much interested to get your indi's and template to see if I can improve it then share it back with the community (forum).

Thanks

Theo

 
pippimp:
Yourspace,

Please post your indicators and template. This will prob\ably take you all of 5 minutes to do, plus if you have different than stock setting for any indicator yout template file as well as your inidcator file will register this. Ths is much faster than everyone searching all over the forum when you can simply put everything in one post. I am very much interested to get your indi's and template to see if I can improve it then share it back with the community (forum).

Thanks

Theo

i try this for some days,but the indicators are a little repainting,it is not very good.but if you want to try,please ang amp zzn sep.mq4:https://www.mql5.com/en/forum/180284

stc_color:https://www.mql5.com/en/forum/180284

adx:https://www.mql5.com/en/forum/173404

you can use the search,it is very easy to find the indics.

 

i have a request, please!!

i have a request to all great coders, this is the entire article (i copy paste):

"The Schaff Trend Cycle Indicator is the product of combining Slow Stochastics and the Moving Average Convergence/Divergence (MACD). The MACD has a reputation to be a trend indicator, yet it has an equal reputation to be lagging due to its slow responsive signal line. The improved signal line gives the STC its relevance as an early warning sign to detect currency trends.

How the STC Works

The STC detects up and down trends long before the MACD. It does this by using the same exponential moving averages (EMAs), but adds a cycle component to factor currency cycle trends. Since currency cycle trends move based on a certain amount of days, this is factored into the equation of the STC Indicator to give more accuracy and reliability than the MACD.

Since the MACD is nothing more than a series of EMAs with a signal line, the STC has improved on the MACD. MACD has a 12- and 26-period EMA with a nine-period signal line. STC Indicator improved on this by incorporating a 23- and 50-period EMA with a cycle component used as the 10-period signal line. Since we can factor cycle trends based on X amount of days, we can then know how far and how long a trend lasts in terms of potential pips to earn.

In terms of indicators both old and new, the STC Indicator is quite original in its conception. Never before has an indicator been developed using a cycle component. Most use some form of moving average, particularly EMAs, as a base because it's easier to calculate and it focuses on recent prices rather than a simple moving average's long data set of closing prices.

STC Development

The STC Indicator was developed primarily for fast markets, particularly currency markets, yet it can be employed in any market.The trend in the modern day is to develop more accurate, reliable and early warning signal detectors to follow prices more accurately using the old models. The invention of the computer made it able to capture speed, accuracy and reliability of prices more uniformly, because the computer eliminated the need to calculate long equations using pen and paper. So, any new modern indicator will always have a higher reliability factor when a signal is generated.

However, as reliable as the STC Indicator may be, never will an indicator be perfect. The reliability factor may be higher but slight problems exist because of the STC's ability to stay in overbought and oversold markets for extended periods. For this reason, the STC Indicator should be used for its intended purpose: to follow the signal line up and down and take profits when the signal line hits bottom or top. Eventually another signal will generate.

Indicator Issues

Notice how many times the STC line resulted in a straight line to signal an overbought or oversold market. One certain aspect is that oversold markets will eventually become overbought and overbought markets will become oversold, especially when it comes to the currency cycle aspects of this indicator. Yet that is not a signal generator. Overbought or oversold markets represented by a straight line can in many instances still represent 200 points on the upside, as it did at the overbought mark at 14:00 in the middle of the chart. This is the small problem with the STC Indicator. The recommendation is to wait for the signal before jumping in.

One can increase the cycle count signal line from 10 and adjust upwards to fit the exact market. This would represent smaller market turns and a more accurate reading. Caution is advised not to increase the cycle count higher than 40, since that is the maximum currency count. One can also adjust downward to generate many market turns, but they may not be accurate signals. For longer time framed charts such as the weekly, it is recommended to adjust the EMAs to 12 and 26 or 7 and 13, and allow the same amount of cycle counts at 20 as the signal line. For shorter time frames, such as the 10-minute chart, increase the EMAs to 115 and 240, and allow the same cycle count. A personal recommendation is to allow the indicator to work as intended with the recommended settings, especially when it comes to cycle counts. Better to adjust the EMAs rather than the cycle count trigger line if one has to adjust at all.

Conclusion

The inventor of the STC Indicator allowed the full knowledge of formulas and codes to be released in 2008, so the trading public is now becoming aware of its use as an early warning trend signal. I have personally used and profited from its use on many occasions, and I have personally used the recommended settings. The interesting aspect is that this indicator is forward-looking, and is considered a leading indicator. This means false signals are very rare if ever generated. Plus, signals are generated much faster than the old indicators, such as MACD. For another recommended indicator that works as intended, this is a good one."

[ i request to modify this indicator (STC_Plot_dcec.mq4 and ex4), using this three custom indicators using their calculation and coding like (MACD_colored_mladen.mq4 and ex4 using Zerolag MACD calculation), (ZeroLag Stochs_true.mq4 and ex4) and using (NONLAGv3.mq4 and ex4) for incorporating to the STC.

Please do my request, its very helpful to my trading, Thanks to the admin!! and other forumers has a great contribution!!

Sorry for my bad english

Files:
macd_mladen_inputs.jpg  9 kb
myrequest.zip  27 kb
 

Anyone trade it on a real account?

 

Hi all

Hi everyone this is my first post

I am just wondering if there is anyone out that can stop the cycle indentifer indicator repainting so that all signals are show and left on the chart.

Thanks in advance.

Files:
cycleidentifier.mq4  13 kb
 
jd1888:
Hi everyone this is my first post

I am just wondering if there is anyone out that can stop the cycle indentifer indicator repainting so that all signals are show and left on the chart.

Thanks in advance.

sorry, that is impossible, due to nature of this indicator the nature of this indicator is finding highers high or lowers' low, therefore not possible.

 

Hi thanks for the reply.

If its not possible to stop it from repainting is it possible to make it so that it keeps all the signals that it produces?

Thanks again.

 

Program bug

Hi everyone

I found what looks like an interesting indicator the net.

Cycle Identifier Indicator on MetaTrader4 (Forex Education) - Forex

(I tried to paste it here but it exceeded the character count)

However when I try to compile it I get the message

'\end_of_program' - unbalanced left parenthesis C:\Program Files\Go Trader MT4\experts\indicators\Cycle Identifier.mq4 (308, 1)

Can anyone help me with the problem

Thanks

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