Elite indicators - metatrader 5 version :) - page 50

sebatian
676
sebatian  
mladen:

Relative volatility index

This indicator can use the fixed levels too (as the "basic" version - when floating level period is set to <=1) but in that case it clearly shows how introducing floating levels can completely change the nature of the indicator. This indicator has the floating levels (which you can turn off by setting the floating levels to less than 1), and it seems that it really needed something like that (like all rsi like indicators, long periods of relative volatility index tend to get flatter and flatter, and then the fixed levels are becoming useless).

Deviation from the original calculation is that smoothing is added. Without smoothing (when smoothing is set to <= 1), the results is "jumpy" and in order to avoid that kind of too much signals, smoothing was added. Even longer periods of smoothing can be used (it does not cause significant lag) - but some experimenting is advised

Indicator is already multi time frame version with alerts included


Nice thanks :)
Temur Yunusov
160
Temur Yunusov  
mladen:

Try them out now (smoothing algorithms is the same - these two are changed)


Спасибо

Mladen, Вы Гуру 

Mladen Rakic
141602
Mladen Rakic  

This is an upgraded step stochastic


Changes :

  • completely rewritten the whole thing (it has nothing in common with the old versions (code wise)
  • option to use the basic averages for price filtering added
  • option to use smoothed or "raw" average range
  • option to use the latest set (22 types) of price
  • made it multi time frame
  • made it alert

Two points probably need an explanation :

Price filtering (and average range smoothing) : both are introduced in order to make filter out some false signals. As usual, probably the best is to show an example comparison , so here it is : upper is without price filtered (averaged), lower is using a very mild 5 period ema for price filtering - the difference is even like this obvious :


It needs to be experimented with, but, as far as I have noticed it in visual tests, it tends to be OK and is what we could call : an improvement, to the previous version.

The code is highly optimized now (to the extent that step stochastic is a function now - that can use anything as an input for calculation) and is cross platform portable (it will work the same way on mt4 as on mt5 - only two lines need to be changed) which means that it will be done for metatrader 4 too ASAP :)


One possibility that is less known about this type of step stochastic : see the example when slow parameter is set to less than 1 (be advised that it is a highly experimental territory and that for slow parameter set to, in general, values less than 0.5 results can be illogical) - that opens a whole new ground for experimenting with these types of settings


PS: the "less than 0.5" setting for slow parameter is worked on and is going to be altered to do some automatic adjustments for those settings, so, in the mean time : happy "experimenting" :)

Files:
myname
3231
myname  
mladen:

This is an upgraded step stochastic


Changes :

  • completely rewritten the whole thing (it has nothing in common with the old versions (code wise)
  • option to use the basic averages for price filtering added
  • option to use smoothed or "raw" average range
  • option to use the latest set (22 types) of price
  • made it multi time frame
  • made it alert

Two points probably need an explanation :

Price filtering (and average range smoothing) : both are introduced in order to make filter out some false signals. As usual, probably the best is to show an example comparison , so here it is : upper is without price filtered (averaged), lower is using a very mild 5 period ema for price filtering - the difference is even like this obvious :

ATTENTION: Video should be reuploaded
It needs to be experimented with, but, as far as I have noticed it in visual tests, it tends to be OK and is what we could call : an improvement, to the previous version.

The code is highly optimized now (to the extent that step stochastic is a function now - that can use anything as an input for calculation) and is cross platform portable (it will work the same way on mt4 as on mt5 - only two lines need to be changed) which means that it will be done for metatrader 4 too ASAP :)


One possibility that is less known about this type of step stochastic : see the example when slow parameter is set to less than 1 (be advised that it is a highly experimental territory and that for slow parameter set to, in general, values less than 0.5 results can be illogical) - that opens a whole new ground for experimenting with these types of settings

ATTENTION: Video should be reuploaded
PS: the "less than 0.5" setting for slow parameter is worked on and is going to be altered to do some automatic adjustments for those settings, so, in the mean time : happy "experimenting" :)

Pity that we can not get that look on mt4

We shall have to migrate to mt5 :)

mntiwana
4475
mntiwana  
nbtrading:

Pity that we can not get that look on mt4

We shall have to migrate to mt5 :)

 According to past news few months before,it was expected that mostly brokers along with users will be force to migrate to mt5 at the end of this year (2016) but seems still thing are working silently with out any bad news.i am more concern with a lot of coding work from coder side and we user hardly collected A class tool in years so it looks a cruel action if every thing turn garbage.
Gway
265
Gway  
mntiwana:
 According to past news few months before,it was expected that mostly brokers along with users will be force to migrate to mt5 at the end of this year (2016) but seems still thing are working silently with out any bad news.i am more concern with a lot of coding work from coder side and we user hardly collected A class tool in years so it looks a cruel action if every thing turn garbage.
mt4 will come to an end at the end of this year?
pavaka
4412
pavaka  
Anyway:
mt4 will come to an end at the end of this year?
if Trump wins
Mladen Rakic
141602
Mladen Rakic  
mntiwana:
 According to past news few months before,it was expected that mostly brokers along with users will be force to migrate to mt5 at the end of this year (2016) but seems still thing are working silently with out any bad news.i am more concern with a lot of coding work from coder side and we user hardly collected A class tool in years so it looks a cruel action if every thing turn garbage.
forum is migrating (the mt4 forum is migrating to mql5 forum)
Mladen Rakic
141602
Mladen Rakic  

New version of averages


It has the new calculating code (the code was rewritten), it has alerts now and it is multi time frame version. All the 37 types of averages are included as well as the 22 types of prices. Double smoothing and adapting is included as usual. Filtering (3 types of filters) too


Files:
baraozemo
136
baraozemo  
mladen:

New version of averages


It has the new calculating code (the code was rewritten), it has alerts now and it is multi time frame version. All the 37 types of averages are included as well as the 22 types of prices. Double smoothing and adapting is included as usual. Filtering (3 types of filters) too


mladen,

 

could you share MT5 class sources for the 37 type of averages and 22 type of prices? 

 

because I want to extract some "averages" and "prices"...