IndicatorOCN (Ocean Theory) based indicators for MT4

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OCN (Ocean Theory) based indicators for MT4

Hello fellow members/visitors

This is the thread specifically for old TSD stuff when and if some one required any thing (Indicators, EAs, Scripts) from that, and when and if possible required some upgradation to that stuff, so you can made your all kind queries here regarding all TSD stuff.

What are the Ocean Theory indicators and what do they do?
  • NMA - Natural Moving Average
    • All MA’s are filters – they reduce noise, but at a price – Lag & Diminished Amplitude
    • Ocean MA’s quickly adapt to price action without arbitrary methods being introduced
    • Can be (and are) applied to other Ocean tools for early warning of directional changes
    • Offer standard deviation bands to indicate statistically significant excursions away from MA’s
  • NMC - Natural Market Channel
    • Identifies the directional trend of the market
    • Also designed to pinpoint the terminations of counter-trend reactions
    • Precise entry rules almost always limit the initial risk of a trade to the range of a single bar
  • NMM - Natural Market Mirror
    • Measures the thrusting energy of market
    • Numerical values can be compared between markets and time frames
  • NMR - Natural Market River
    • Measures the naturally declining influence of each 1 bar instantaneous rate of change
    • Math behind NMM and NMR is radically different, yet they agree most of the time
    • When they are in disagreement, it’s very important
  • NMS - Natural Market Slope
    • Behaves similar to NMM, but with a bit less noise
    • Excellent for measuring the energy of a market's thrust (volatility)
    • Subsets of the math are used to help identify terminations of counter-trend reaction
  • NXC, NDX & NST - Are bounded tools which are designed to scale between +100 and –100
    • NXC is a counter-trend identification tool
    • NDX will measure changes in momentum characteristics of the market
    • NST is a self-adjusting stochastic with adaptive lookback lengths
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