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"...
Code for prices :
I believes,now newest Averages (rewritten) for MT4 ver will be post soon :)
This is an upgraded step stochastic
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 :
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
This indicator needs an "warning" ...
It is using Gaussian filter of arbitrary order (poles) calculation depth, and, to have results that are not "too fast" you have to set the calculating period to some longer period. That is probably the first time I have seen that something is "too fast" and that the period needs to be adjusted to linger periods.
This version uses the standard 22 price types and is already a multi time frame version. Some experimenting is needed, but as a rule of thumb, the higher the order the smoother the result, but in that case lessen the periods (to get a fast and smooth result)
Since I dont use MT5 platform is this repainting ?
Do you means whole past coding work (mq4) from TSD by you, will be converted to (mq5) as i see the speed and numbers of mq5 indicators updated at "MQL5" code base site by you,even till now every indicator with original code (mq5).
and do you think TSD will be merge there one day or will be working as usual independently.
I don't know what will exactly happen to TSD : owning company does not have any plans to shut TSD down (no reason for that), so I think that it will be as is. It is natural that the "mother site" is benefiting from the work here too (but as you can see, the transfer is limited almost exclusively to what I was coding - so no "grabbing" is happening) and I must say I agree : it was sometimes sad to see how little mt5 code was made and how little mt5 coders are there around (at least those that I know of and that are doing something that is usable). I hope it will be changed, and, quite frankly, I am enjoying myself now since I like the new ways of coding I can apply now (not just mt5 - since mt4 is closer to mt5, see, for example, what can we do with a simple #define :))
PS: I think that you have noticed too that it is not a conversion that is done. I am making new stuff (I have a feeling that I am doing it more than ever - some really new things were made in the last couple of weeks). I would hate to just grab the mt4 code and convert : that is not the goal and that is not what is going to be done. At least some improvement in process must be done or else it is meaningless
First,thanks for explained reply ...... just it was a matter of possible doubts and worries regarding TSD future,for us it is a university,we learned a lot from here and have had a lot in kind of A class tools and concerning knowledge, imagine just now we (at least me) started understanding things regarding MT4 but i think there will be no big difference in MT5 tools working behavior as for us users.the only unpleasant factor that our years of collection is going to trash.
This is wonderful you enjoying new way of coding with new applications you invented just currently few weeks back and yes i noticed that new mt5 indicators here and there too,all new with new coding method and style,also i noticed the numbers of your tools and download numbers too :):) that gave me a pleasant feeling.
I believes the GAP (between mt4 and mt5 in quantity) will be filled soon within months with the speed you are coding along with quality wise too.also i believes there will be no competitor to our boss regarding multiple concerns at MQL5 code base.
all our good wishes with you
Source code for rsx variation indicator
Upgraded version of rsx variation (with some new prices added)
To remind :
RSX as is is most usually defined as "smoother RSI", and it is correct in most of the cases
RSX uses in its calculation what we could call a momentum using period 1. This version is a variation and allows you to use instead any momentum length. Of course, it caries added lag with it (when the momentum period is increased) but in some cases (if the momentum period is increased moderately) it can filter out some false signals