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Did you see this post : https://www.mql5.com/en/forum/186064/page19 ?
Frama ribbon (from this post : https://www.mql5.com/en/forum/179671/page12 ) but with two experimental calculation methods added. The two methods are producing similar results, but both are having very different results compared to the classical calculation result. Wit the new method(s) some false signals are filtered out and the results are logical
D we have mt4 version?
Relative volatility index with an addition of price pre-smoothing. It helps in making it smoother, and the lag added is not to big
Experimenting with velocity too ..
Even though velocity is by definition a smoother momentum than the momentum, decided to try some things to see if it can be made a bit smoother without adding significant lag. This is the result of experimenting
What is used are two types of smoothing : price smoothing (which adds less lag) and result (velocity) smoothing. A logical choice is probably price smoothing, but for the sake of having options to check anything (we never know what will work for some) the value smoothing is in it too. Setting any (or all) of the smoothing periods to <=1 turns the smoothing off
The indicator is already multi time frame with alerts, floating levels and 4 types of color changes/alerts choice, but one choice needs and explanation :
The rest is usual : the usual set of alerts and the (already) usual set of prices and averages used for smoothing
Some extreme fooling around for the weekend :
From idea (from this post : https://www.mql5.com/en/forum/178018/page96 ) experimenting with that idea and with extrapolation and with different types of rsi calculation (4 different type all in all) and the usual set of prices and implicitly, the choice to calculate the rsi of macd itself (when macd signal is set to <= 1) or on macd signal (when mcad signal > 1)
There will be more versions of rsi of macd but this one hit the road first. I wish a nice weekend to all :)
Mladen, Will there be a mt4 version of volatility and velocity indicators?
Mladen, Will there be a mt4 version of volatility and velocity indicators?
Mladen, Will there be a mt4 version of volatility and velocity indicators?
Relative volatility index for metarader 4 was posted here : https://www.mql5.com/en/forum/175037/page923
Again some experimenting
The double smoothed stochastic that is usually floating around is using ema for calculation. This version is a sort of deviation from that. Default does use ema for calculation, but it allows you to chose among the 4 types of averages for (double) smoothing. Some of the results are surprising (at least for me : I was expecting that MA smoothed version would be much rougher than it actually is).
Also it allows any combination of prices usage (internally it orders the prices so that they are "usable" in calculation). With all that, quite a few new versions of double smoothed stochastic can be produced (including a sort of a "raw stochastic" that can be produced when both smoothing periods are set to <= 1)
PS: it is already a multi time frame version too