is if possible to modify the BtTrendTrigger-T-Signal.mq4 to make it not lagger than the TTF_look-ahead indicator? hope you can help me .if other coders can give the help, please do the modification. thank you
hi, is it possible to repost the Trend Intensity Index pdf? i couldn't find it anywhere in this thread. thanks lots!
This should do it
Thank you Mladen!
Trend Trigger Factor ...
Had some emails exchanged in order to clarify what a correct TTF (Trend Trigger Factor) must look like. In ordet to avoid some more misunderstandings from people looking for it over the net (there is a zillion versions) here is a correct version as described in the December 2004 article "Trend Trigger Factor" by M.H.Pee :
15-day sell power = Highest high of (day 16 to day 30) – Lowest low of (day 1 to day 15)
After calculating these variables, you can move on to calculating the TTF:
So this is a correct version if TTF (I have posted some but they have additional T3 smoothing - this version is coded exactly as it is described in that article (except for the default levels +100 and -100, but those you can set up easily from parameters). The complete article can be found on this same thread (this post : https://www.mql5.com/en/forum/179514/page2 )
Could we have some on chart summary (like candles I guess) of all the M.H. Pee indies or at least a few please?
I found this in the PDF
Futures Truth Company
"Mr. Hill has researched and developed thousands of trading systems utilizing a multitude of indicators. He has brought his applied engineering and mathematical background to trading technology as well as authoring several books on trading techniques."
Sounds like an interesting fellow.
edit: added a 30 ma to the tpl
This is TTF using T3 smoothing and multitimeframe.Was asked for in another thread but it belongs here and makes it easier to find for me
ps) the coloring on the picture is opposite of the indicator was experimenting to check signals in overbought or oversold conditions and forgot to change back
Good day to you, Mr.Tools
Thank you for your attention. It is appreciated.
I have placed the BT Trend indi as well as Mladen's creation in the same window. Dark Blue line is BT - Light Blue line Mladen's.
Both set to 9 bars. Removed all other colors/lines to show. They both form in the same way - but BT is "quicker" for the lack of a better word. I was hoping that the "areas of no-show" could be fixed without losing the way it currently calculates.
Is this possible?
Thank you again for your time.
By any chance have you tried the version on post#46, reason I'm saying is very possible the T3 may be causing some lag
Good day to you,
Yes - the light blue TTF in my attached chart is in fact the indi in post #46. The dark Blue TTF (faster one) is not your T3 creation, but the BT Trend T indicator I originally attached on the signals thread. Both of these shape the same - but the BT Trend shapes earlier.
I just need it to not leave those "breaks" - as indicated, but be continuous as to see where it is at all times.
Thank you for your time