Here is a "simple" histogram version (one alb moving average - alerts included already) : alb__speed_-_ma_2_amp_alerts_smoothed_histo.mq4
thank you! faster than expected, like always! already trying them out do you think the "double" average histo is doable?
actually, what i was thinking was a histogram following the cross between 2 alb's, let's say 1st alb-open / 2nd alb-close (but that can as well be open vs. typical; or close vs. typical); if alb-close is above alb-open, then histo is green; if it's below, histo is red.
Seems that I misunderstood
Will make that version too
it's because of me, i should have provided more details from the beginning. i attached that indi example - histo showing a cross between two digital filters - and i assumed that you would be looking into that to see how it was build. my apologies.
This should do it : double_alb__speed_-_ma_2_amp_alerts_smoothed_histo.mq4
There are two separate adaptive look back moving averages with separates settings for both. The color changes depending on their crosses. First ma is assumed to be the faster. I used a simple setting since I do not know which parameters are you using (simply the speed of the second is set to 2 while the speed of the first is set to 1, all the rest is the same). It will probably need some "parameters playing"
thank you, mladen.
it works just as i expected - most of the times i use a cross of two averages, open vs close, with the rest of parameters identical for both of them. i asked for the histogram because it is more accurate to show the cross.
can you make a mtf version of this one?
Scrat, made it mtf.
thank you, mrtools.
can either of these indicators be made adaptive?