One side gaussian ...

[Mladen Rakic]

Original idea for one side gaussian can be found here: Support \ Resistance - MQL4 Code Base

As usual, the idea is a very good one, but code needed some brushing

what has been done :

- completely rewritten library ( )

- completely rewritten Support/resistance indicator

- completely rewritten Rate indicator

new :

- One side gaussian moving average

- One side gaussian trend

pictures :

1. One side gaussian support/resistance

2. One side gaussian rate

3. One side gaussian MA

4. one side gaussian trend

indicators and library on next post

[Mladen Rakic]

Of usage

Almost a system :

- OS support/resistance with smoothType set to 5

- OS ma (default setting)

- OS trend (default settings)

The rest is up to you

[camisa]

just one question: is gaussian trend a MTF?

[Mladen Rakic]

...

Yes. It takes 4 time frames into account :

1. current

2. current+1

3. current+2

4. current+3

meaning (for example on 15 min chart):

-15 min time frame

- 30 min time frame

- 1 H time frame

- 4 hour time frame

it shifts time frames deppending on current time frame

camisa:
just one question: is gaussian trend a MTF?

[mikkom]

Looks interesting, is there any explanation available in english?

[Dael]

Off

mladen

Sorry for offtop, but what's the name of indi, that draws info about currency pair in top right corner of your shots? If you share it, I would appreciate it.

[fxbs]

Dael:
mladen Sorry for offtop, but what's the name of indi, that draws info about currency pair in top right corner of your shots? If you share it, I would appreciate it.

Daily data https://www.mql5.com/en/forum/178698

[TheRumpledOne]

Thanks for sharing, mladen.

Nice work, as usual.

[fxbs]

mikkom:
Looks interesting, is there any explanation available in english?

yes, please, Mladen

p.s. - and ... it's just (only) one side?

[Mladen Rakic]

...

Nothing much to explain :

It is a kind of smoothing lines (taken generally from smoothing surfaces). Smoothing chosen prices by some coefficient does make it a kind of moving average. The interesting part is that this MA (One side gaussian MA) can be compared (value wise) to some famous repainters (snake, for example) but it does not repaint

Additional explanation : I thought that it is enough to post that picture of a so called "system" to show how it can be used.

One more with "entry candidates" shown (when OS gaussian MA crossesthe OS gaussian SR middleline - the trend should be used as general trend (or direction) confirmation indicator. But as I said, it is completely up to you how you are going to use it. I find that it can be fairly usefull on a 15 min EURUSD chart (that is the only pair I trade - the rest of pairs do show similar possibilities, but do not take my word for it )

fxbs:
yes, please, Mladen p.s. - and ... it's just (only) one side?

[TheXpert]

Hello from the author!

Hi 2 all.

Good job! I was very pleased to see my idea being developed.

It was my first indicator and it was my first code written in MQL, so thanx for the code refactoring, i like it very much.

Hope, this idea helps you and will be useful.