Elite indicators - metatrader 5 version :) - page 62

 

QWMA indicator - the "corrected" version (as used by dr. Andreas Uhl for simple average, but this time applied to qwma)


"Correcting" is a process where the value of the average is checked for the significance (how big is it) of change. For that a standard deviation of a change is used and if the change is "not significant enough" then the change is ignored. because of that the average starts to have that "step like" value. But in any case, it should not be mixed with the step average type. The corrected average is different

If the "correction" period is set to < 0, then there is no correction made (in that case the value is exactly the same as original qwma)


Files:
QWMA ca.mq5  35 kb
 
mladen:
You mean the "wave trend oscillator"?
Yes, is it possible?
 
FXSurf:
Yes, is it possible?
As I told in a couple of posts : yes, all is in a process of converting, but all in due time
 
mladen:
As I told in a couple of posts : yes, all is in a process of converting, but all in due time

Ok great, thanks again for all that you do!

 You should post a tip jar link for people to contribute to your efforts! 

 
mladen:

QWMA indicator - the "corrected" version (as used by dr. Andreas Uhl for simple average, but this time applied to qwma)


"Correcting" is a process where the value of the average is checked for the significance (how big is it) of change. For that a standard deviation of a change is used and if the change is "not significant enough" then the change is ignored. because of that the average starts to have that "step like" value. But in any case, it should not be mixed with the step average type. The corrected average is different

If the "correction" period is set to < 0, then there is no correction made (in that case the value is exactly the same as original qwma)


Is there mt4 version?
 

"Corrected" macd (using the same method for correction that is used in averages)


Corrected values tend to be good filters, but they should not be mixed with the filters we are using. The values for the "corrected" method are different from "filtered" values


Files:
MACD ca.mq5  10 kb
 
mladen:

"Исправленным" МАКД (с использованием того же метода для коррекции, которая используется в среднем)


Исправленные значения, как правило, хорошие фильтры, но они не должны быть смешаны с фильтрами, которые мы используем. Значения для "исправленного" метода отличаются от «отфильтрованных» значений


whether it is possible to do on MT4?
 
vvFishvv:
whether it is possible to do on MT4?
It is in a process od being made for mt4 too
 
Corrected QWMA looks like Kijun-sen. Interesting.
 
tradd:
Corrected QWMA looks like Kijun-sen. Interesting.
Yes, but the math is completely different :)
Reason: