As explained before, this is an attempt to make a normalized value of MACD (since MACD is an unbound indicator) and that way minimums and maximums and certain levels can be used as in any bounded indicator
This a version of Kaufman AMA (adaptive moving average) that can be applied to any other indicator value too.
Coloring is made according to relative trend. In order to have single color line either set the color steps to 1 or set the starting color equal to ending color. To have color changes on slope direction change, set the color steps to 2
________________
PS: this is not a price filtered version (it is not possible to make a price filtered version when the indicator should be applicable to other indicators)
mladen: This a version of Kaufman AMA (adaptive moving average) that can be applied to any other indicator value too.
Coloring is made according to relative trend. In order to have single color line either set the color steps to 1 or set the starting color equal to ending color. To have color changes on slope direction change, set the color steps to 2
________________
PS: this is not a price filtered version (it is not possible to make a price filtered version when the indicator should be applicable to other indicators)
Will it be possible to have this kind of indicators for new metatrader 4?
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Normalized MACD
Normalized MACD.
As explained before, this is an attempt to make a normalized value of MACD (since MACD is an unbound indicator) and that way minimums and maximums and certain levels can be used as in any bounded indicator
Kaufman AMA
This a version of Kaufman AMA (adaptive moving average) that can be applied to any other indicator value too.
Coloring is made according to relative trend. In order to have single color line either set the color steps to 1 or set the starting color equal to ending color. To have color changes on slope direction change, set the color steps to 2
________________
PS: this is not a price filtered version (it is not possible to make a price filtered version when the indicator should be applicable to other indicators)
This a version of Kaufman AMA (adaptive moving average) that can be applied to any other indicator value too.
Coloring is made according to relative trend. In order to have single color line either set the color steps to 1 or set the starting color equal to ending color. To have color changes on slope direction change, set the color steps to 2
________________
PS: this is not a price filtered version (it is not possible to make a price filtered version when the indicator should be applicable to other indicators)Will it be possible to have this kind of indicators for new metatrader 4?
Will it be possible to have this kind of indicators for new metatrader 4?
As far as I see it is planed to be possible. At a moment that part does not work in the new metatrader 4
Cronex impulse MACD (this version of the indicator coded by Nikolay Kositsin)
Cronex impulse MACD (this version of the indicator coded by Nikolay Kositsin)
Metatrader 4 version of the Cronex impulse MACD was posted long time ago here : https://www.mql5.com/en/forum/178018/page4
StoneAxe indicator ("Three normalized oscillators on one chart" - coded by Nikolay Kositsin)
Cluster filter created by Konstantin Gruzdev
Explanation can be found here : cluster filter
Cycle Identifier
Here is a converted Cycle Identifier for Metatrader 5cycle_identifier.mq5
Standard deviation channel
Standard deviation channels (originally made by tageiger)