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Requests & Ideas - page 49

Mladen Rakic
163388
Mladen Rakic  

Flytox

Here it is : it marks the first break of chosen price above or bellow the optimal tracking filter and then it keeps it as "trend". If you set the alertsOnCurrent to false (default setting for this one) the it is going to alert when the chosen price closes above or bellow the otf if you set it to false it is going to use current (still opened) bar
So the color of this one changes when price breaks otf value and not when the slope of otf changes

regards

Mladen

Flytox:
Hi everyone

Is it possible to have a color change with an alert when the last bar closes above /below price for this one.

many thanks
Flytox
256
Flytox  

thanks a lot for being so professional Mr Mladen.

Mladen Rakic
163388
Mladen Rakic  

Flytox

Frankly I thought that it will give much more alerts than it actually does so I was testing it. In the flat phases it tends to give more alerts so one has to be careful with it in flat periods, but, all in all, there is less alerts than one would assume when looking how tight the optimal tracking filter values are compared to prices

regards

Mladen

SIMBA
2078
SIMBA  
mladen:
Flytox

Frankly I thought that it will give much more alerts than it actually does so I was testing it. In the flat phases it tends to give more alerts so one has to be careful with it in flat periods, but, all in all, there is less alerts than one would assume when looking how tight the optimal tracking filter values are compared to prices

regards

Mladen

Mladen,will it be possible to do a MTF version?

Flytox,thanks for sharing the filter,I think it is good for scalping or for triggering entries in the lower timeframes in direction of higher timeframes trend.

Regards

S

Mladen Rakic
163388
Mladen Rakic  

bebeshel

I moved your post again here. Please do not post indicators that are from advanced elite or elite in public threads

______________________

As far as the request is considered, if I understand correctly you need a multi time frame version so here it is

regards

Mladen

bebeshel:
Mrtools, I have this indicator on Jurik RVI that does not take "Current time frame, could use this indicator as" RVI on Jurik "in H4, H1 in a chart? Thanks
Files:
Mladen Rakic
163388
Mladen Rakic  

Simba

Here you go
regards

Mladen

SIMBA:
Mladen,will it be possible to do a MTF version?

Flytox,thanks for sharing the filter,I think it is good for scalping or for triggering entries in the lower timeframes in direction of higher timeframes trend.

Regards

S
SIMBA
2078
SIMBA  
mladen:
Simba

Here you go

regards Mladen

What do you eat for breakfast ?

Thanks

S

vishalgandhi
55
vishalgandhi  

REQ)CFB dynamically adjusting RSX Mtf Indicator For MT4

Hello

You can create more sophisticated analysis by combining Jurik Tools in various ways.

The chart shows RSX, whose speed is modulated by CFB. CFB measures trend length, so when a reversal occurs, the CFB signal drops significantly. This gives us the opportunity to use that behavior to control RSX speed, so when a reversal occurs, RSX "length" is shortened and consequently, made faster.

In comparison, plain RSX is shown as a colored line. The CFB modulated RSX crosses back over the zero line faster right after a reversal.

Is There Is Any Indicator Similar To Looks In Image If Yes Please Share If No please Create

Thanks In Advance

Mladen Rakic
163388
Mladen Rakic  

Here is one version of rsx cfb adapted

Versions that Jurik is posting there are using what he calls "infinite length stochastic" in order to adapt rsx with a help of cfb and that "infinite length stochastic" is just another word for repainting (it is supposed to use whole history to find minimums and maximums and that way it is "remembering" extremes from long, long ago and when the number of used bars changes it repaints all the values backward).

Instead here is another way of using cfb for adapting rsx. You have to experiment a bit with short and long lengths (in short rsx length is going to vary between ShortLimit and LongLimit - assumption is that higher cfb values mean that there is strong trend and then the calculation length is longer and opposite for small cfb values - in that case it means that there is no trend and that rsx should react to all changes as quick as possible) and also with Cfb normalization period (the shorter the period, the faster the "reaction" should be)

Here is a comparison of a "regular" rsx (upper) and a cfb adapted rsx (lower) with default parameters that roughly correspond to each other and already here differences in "r5eaction" and values are visible
Differences are going to be bigger if you use longer length for rsx and longer long limit in the adaptive (since then it has "room" for adapting beter compared to the regular one) Here is a comparison of rsx 25 with rsx cfb adaptive 10-40 - here the differences are much bigger but that is expected since every comparison of non-adaptive to adaptive indicators at short lengths is almost always very similar - only at longer calculation lengths adaptive indicators show their true strength, and, in case of rsx (as an offspring of rsi) it will avoid a "flattening trap" that almost all rsi and rsx indicators fall in when longer calculation lengths are used
PS: I thought that I already posted something like this but it seems that I haven't so posting it now
vishalgandhi
55
vishalgandhi  

Mladen,

Thanks as always for your brilliant work. Very interesting stuff.

Mladen,will it be possible to do a MTF version?