best areas to catch a big and fast move
I was using the Tma color line v1.4 and my charts looked this good in hindsight.
however i was able to note something interesting......that everytime the price moved aganist the bands when they are pointing up /down the bands won and price would crash or rise very fast.
the problem is that the Tma are repainting lot.
My request is ....does anyone know of a indicator that will point to one direction (as in the case above) even when the price is doing the opposite and it does not repaint.
Rsi with rsi upgraded ...
The first version of this indicator was posted originally at this thread (this and the next post for some more description : https://www.mql5.com/en/forum/179807/page80 ). What is changed in this one is that alerts are alerting exactly when the arrows on screen happen (it was not like that before) and multi time framing is added to it now.
Kalman agjw histogram
HELLO MLADEN, It would be nice if you could make a HISTOGRAM VERSION of this indicator. It should consist of double Kalman AGJW Centre lines and PRICE. When PRICE is ABOVE the centre lines of Kalman AGJW 24 AND 41,the indicator will show GREEN. When PRICE is BELOW Kalman 24 and 41 it will show RED,While when PRICE does NOT fulfill either of the two conditions, it will show GOLD (NEUTRAL). Finally it will be better if you make it MTF so we can always see the 4hr trend while using it on 1 hr chart. THANKS FOR EVERYTHING.
Thank you very much. That was what I was looking for.
Historic Weekly Levels Continued
I had an idea while finishing up some work elsewhere somewhere
basically this weeks open of 5/14 we only had 2 levels the 5/6 close and 5/6 low to monitor how price will react around them,what if I can go back in time and see what weekly levels pertain to this month,like if price is at 1.2600 right now,it will be nice to be able to plot or display somehow weekly levels from 5,10 20 years ago,or even if I want to use 1 month,6 months ago data,like right now eur/usd price stands at 1.2727 last time price was in this area if we look at weekly chart we see,was 1/01/12 through 1/15/12,now the closest time price was in this area again before that was 9/12/2010! so now in order to not clog up chart with all levels from every month of every year that fits the description,there should be a input option to display which levels to choose from.so all in all a indy that automatically reads past weekly levels and knows which months and years fit's the current price with the user option to input which levels should be displayed,if this is possible I will be glad to see right before my eyes! or if something exists already that exactly does just this please point me to it,thanks Max
PS this is to who it may concern I understand we can only go back to around 1991 or 92 on most broker platforms so weekly levels should show week month and year like 5/6/12 low 1.2905,and last but not least I know this process can be done manually on the weekend when charts don't move but it will be neat if it was automated for us.
Hi I once heard reading an article a long time ago that the 200 ema is the granddaddy of all ema's like price totally respects it on all timeframes so can there be a quick way to find out the slope directions across all 8 timeframes,for some reason I had problems with some brokers not showing monthly charts correctly so M1-W1 will be fine and just to mention real quick now as we speak the 200 ema is pointing down on 6 out of 8 timeframes, I don't know but it probably means something ,once again if something is already here that functions this way already please show me thanks Max
A question ...
I would like to ask you a question : why not using that indicator the way I recommended it?
In the post I posted describing roughly how to use it I also told that there are situations when quick price breaks will not cause corresponding Kalman filter reaction and that Kalman filter is almost unique as far as that is regarding. If we make a histogram version we are going to loose a lot of information that one gets by simply looking at the template I posted. I can make it, but I want to clarify that it will mean loosing information and not the opposite
HELLO MLADEN, The histogram version of indicators is much better for immediate visual recognition of crossovers especially when the two or more indicators involved in the cross are of very close values. Infact i will suggest to you,NEW DIGITAL OR MR TOOLS to consider opening 2 new threads just like the existing one for multi time-frame indicators. The first would be exclusively for HISTOGRAM VERSIONS of indicators while the second would be for SLOPE VERSIONS of indicators,i am sure many of your subscribers would gladly appreciate them. WELLDONE FOR THE GREAT WORK.
Here is the Kalman histo version made to work exactly as you described it. Price to use is the price to be used in comparison to kalman filter values. You need the "KalmanAGJW - new" indicator in the indicators folder for this one to work (this one is not a standalone indicator)