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This is nema - metatrader 5 version
To remind :
The first 3 are on the example picture
Nema with extra features :
Code wise : multi time frame data checking seems to be solved (finally, since mt5 treats multi time frame data in a completely different way from mt4, some additional code was needed in order to solve possible issues. It seems that the solution used in this version is working correctly)
Adaptive laguerre filter - upgrades, code optimization, additions and the usual : multi time frame and alerts added
Also this indicator :
It is an adaptive Laguerre filter trend. It takes two Laguerre filter indicators and calculates what can be used as an overall trend of the symbol it is used on. If the signal period is set to <=1, then it is behaving the same as the filter itself : color (and alerts) changes on the slope of the primary Laguerre filter
New version of step stochastic
New version of step stochastic
Do we have it for mt4?
This is a new variation of stochastic smoothing :
This version allows up to 15 times recursive (double) smoothing of the stochastic. It also can use one of the 4 types of averages for smoothing. It already has alerts and is made multi time frame
Added some more options to recursive (double)smoothed stochastic
Levels :
Color (and alerts) choice :
PS: double smoothed stochastic is for long time showing that, with the default parameters that were used by Walter Bressert, it works best on longer time frames. It specially tends to clearly show cycles on 1 hour chart, so, if you are new to it, start by using it on that time frame and then build your way to other time frames and ways of using it
Check the post now ...