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New PolyFit Tools

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Igor Durkin
5403
Igor Durkin  

Hi,

in this thread I plan to post some my PolyFit tools which you can't find somewhere else.

PolyFitRSI is the first RSI which works in fitting mode(FitMode=0) with projection (ProjLength > 0).

Besides, this kind of RSI gives us more clear picture of OverBought/OverSold Zones.

Updated version posted here : https://www.forex-tsd.com/forum/exclusive/11512-new-polyfit-tools/page2#comment_755064

Files:
prsi_1.gif 17 kb
mcmalach
121
mcmalach  
igorad:
Hi,

in this thread I plan to post some my PolyFit tools which you can't find somewhere else.

PolyFitRSI is the first RSI which works in fitting mode(FitMode=0) with projection (ProjLength > 0).

Besides, this kind of RSI gives us more clear picture of OberBought/OverSold Zones.

igorad must thank you for this it looks like an amazing indicator i am going to start testing it immediately and will post anything good i come up with for you

thanks again

mcmalach
121
mcmalach  

hello igorad

testing out your indicator and i can not get any results like yours at all i just get a big huge curve i was curious how you set it up to get it to look like that on a 15min chart?

it looks real good on yours but not so much on mine i get this

Files:
Igor Durkin
5403
Igor Durkin  

Simply try to change FitMode from 0(Fitting Mode) to 1(EndPoint Mode).

msquared:
hello igorad

testing out your indicator and i can not get any results like yours at all i just get a big huge curve i was curious how you set it up to get it to look like that on a 15min chart?

it looks real good on yours but not so much on mine i get this
mcmalach
121
mcmalach  

o my haha thanks its lookin good now:)

Igor Durkin
5403
Igor Durkin  

One more Polyfit tool is PolyFitDerivative_v2. Some valuable information about Nth Order Polynomial Trading Systems you can find here.

I just want to remind that:

Order = 0 - Polynomial line

Order = 1 - Velocity of Polynomial line

Order = 2 - Acceleration of Polynomial line

Order = 3 - Jerk(or Velocity of Acceleration) of Polynomial line

and so on.

Files:
pderiv_1.gif 21 kb
Tistou
48
Tistou  

Igorad thank you.

Polyfitderivative is excellent.

biddick
339
biddick  

...............

jamesphuc72
127
jamesphuc72  

Thanks Igorad. Please add alert in the indicators.

Dear Igorad,

Your indicators are looking good. I just would like to know whether PolyFitderivative V2 is repainting or not ? If yes, then, how many bars back it is repainting ?

1. Please kindly add alert into the PolyFitRSI when it reaches Overbought zone and crosses down, and when it reaches Oversold zone and crosses up. Thanks. If possible, please also add "changing color" of this indicator when it crosses down from overbought zone, and when it crosses up from oversold zone.

2. Please explain how to use the Polyfit Derivative_V2 Indicator for a trade signal / setup.

Thanks a lot for your further information soon.

Regards,

James

Sergey Golubev
Moderator
99040
Sergey Golubev  

PolyFitBands with NRP coloring was programmed. Coloring added to upper and lower band.

For more explanation and to download this indicator - go to this post:

https://www.mql5.com/en/forum/179807/page15

biddick
339
biddick  

Mladen,

If possible ,can you add poly fitting mode to channel indicator?Many thanks and Regards.

Files:
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