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Hi Mladen, You can add to the indicator "AllAverages_v3.1" another four moving averages on the ocean theory: Natural Market Mirror (NMM), Natural Market River (NMR), Natural Moving Average (NMA) and nrp?
guest21
NMM and NMR are not averages at all (they are oscillators and they are a part of advanced section). "nrp" is not an indicator at all - it is an addition to indicator names that I started to use to mark "non-repainting"
guest21 NMM and NMR are not averages at all (they are oscillators and they are a part of advanced section). "nrp" is not an indicator at all - it is an addition to indicator names that I started to use to mark "non-repainting"
Then the you can program Envelopes, to make it work on the basis of natural moving average? I am sure that it can bring benefit to each of us.
Then the you can program Envelopes, to make it work on the basis of natural moving average? I am sure that it can bring benefit to each of us.
You mean a simple, percentage based, envelopes?
You mean a simple, percentage based, envelopes?
Yes, you understood correctly.
Yes, you understood correctly.
guest21
This is an ocean nma (natural moving average) with envelopes. Default settings used the same as in original Jim Sloman's nma (they are using period 40 in the original), but you can change it to whatever value you wish using parameters
Updated version of ocean natural moving average : ocn_nma_mtf_nmc.mq4
Originally it was posted here : https://www.mql5.com/en/forum/178525/page2
Multi time frame natural moving average (NMA)
This is a multi time frame version of natural moving average (NMA). It is a standalone indicator. Again on the chart there are two separate indicators as an example : 40 and 20 period 1 hour NMA on a 30 minute chart
Updated version posted here : https://www.mql5.com/en/forum/178525
Updated version of ocean natural moving average : ocn_nma_mtf_nmc.mq4 Originally it was posted here : https://www.mql5.com/en/forum/178525/page2
what settings are you using on the second picture?
what settings are you using on the second picture?
periods 30 and 50, tma set to 5
That settings works better on lower time frames (like 5 minute). For other symbols or time frames probably you will need to adjust the settings
periods 30 and 50, tma set to 5 That settings works better on lower time frames (like 5 minute). For other symbols or time frames probably you will need to adjust the settings
Thank you. It looks promising