As I said : it was posted in the elite section. And since it calculates 18 different types of averages, one picture is not going to show you anything. As of putting a link : if you are not a member of elite section, it is useless that I post the link since you can not access it
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?
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.
You mean a simple, percentage based, envelopes?
Yes, you understood correctly.
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
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
Thank you. It looks promising