Maybe these two example will be more explanatory :
With slope change color change/trend change/alerts these examples would raise much, much more trend change events then with the adaptive floating zero level. Maybe that "zero level" looks strange from time to time, but it seems to be doing the job as expected
YeshuaYoke, all I can remember is I was using one on hourly chart and the other on the 4 hr chart, just remember the indicator will recalculate and what looked good could be because of the recalculation.
Looks OK. Default settings?
Yes, all defaults
first,so much thanks for introducing this nice tool and then again thanks for replying and explanations.you are great.
i was wrong,misunderstood, just word "zero" turn me confused,it is a actual floating line that is adaptive too,so we can use mt4 level zero line as main up/down trend.and this floating zero level line as short term trend........from the time it was launched,i am playing with it,i got understood,the floating zero level line can be adjust any where,once i tried it same as stoch K/D lines and it perform well even....we can use it either way,very interesting,flexible and adjustable in all situation,fast,sharp and smooth.
Interesting, isn't it
So, this is a kind of an extreme adaptive indicator. Adapting the zero level makes the level a kind of a an indicator too
A little problem. Whe n change Time frame to use with 1 Hour so look like in attachment .Something is not working !
Yep, you are right. Here is the corrected version : adxm_vhf_adaptive_floating_zero_1_1.mq4
Thank you !
please, would you be so kindly and explain me the settings of the indicators ?
I´v try the hole day, but it looks so different to yours !!
Many thanks in advance.