Rsx (R-squared) Adaptive

This is the updated 1.2 version of the RSX (R-squared) Adaptive indicator for MT4 which was coded by Mladen.

This particular version includes (newer drop down box) Multi-timeframe + Interpolation, Alerts, Color Change Options and much more.

R-squared as explained by Mladen:

What Is R-squared?

R-squared is a statistical measure of how close the data are to the fitted regression line. It is also known as the coefficient of determination, or the coefficient of multiple determination for multiple regression.

The definition of R-squared is fairly straight-forward; it is the percentage of the response variable variation that is explained by a linear model. Or:

• R-squared = Explained variation / Total variation
• R-squared is always between 0 and 100%:

0% indicates that the model explains none of the variability of the response data around its mean.
100% indicates that the model explains all the variability of the response data around its mean.
In general, the higher the R-squared, the better the model fits your data.

In investing, R-squared is interpreted as the percentage of a fund or security's movements that can be explained by movements in a benchmark index. For example, an R-squared for a fixed-income security versus a bond index identifies the security's proportion of price movement that is predictable based on a price movement of the index. The same can be applied to a stock versus the S&P 500 index, or any other relevant index.

If you're looking for all of the other R-Squared Adaptive indicators for MT4, here is the full list:

• T3 (r-squared) Adaptive indicator for MT4
• T3 (r-squared) Adaptive Oscillator indicator for MT4
• DSS (r-squared) Adaptive indicator for MT4
• Smoother (r-squared) Adaptive indicator for MT4
• Stochastic (r-squared) Adaptive indicator for MT4
• RSX (r-squared) Adaptive indicator for MT4
• Tema (r-squared) adaptive indicator for MT4
• Ema (r-squared) adaptive indicator for MT4
• CCI (r-squared) adaptive indicator for MT4

Is anyone using any of the Rsquared indi for trading? If so I would be really interested to know how they are using it.

This is a phase accumulation adaptive double smoothed ema with a choice of quantile level or floating level bands and with a choice of macd coloring from slope,to middle band crossing or outer level crossing.

mrtools wrote: Tue Sep 24, 2019 5:58 am This is a phase accumulation adaptive double smoothed ema with a choice of quantile level or floating level bands and with a choice of macd coloring from slope,to middle band crossing or outer level crossing.

Thank you Mrtools & Mladen for this great code and new toy. I really like how there's a choice of Quantile and Floating Levels

Jimmy wrote: Sun Sep 22, 2019 12:19 am After running a site audit tonight, here are two high-quality indicators made by Mladen & Mrtools which i'll include here to try and keep things organized

This is the Tema (r-squared) adaptive (experiment) for MT4.

i love adaptive indicators !
thanks

ionone wrote: Tue Sep 24, 2019 5:11 pm i love adaptive indicators !
thanks

Jeff, same here. They are great! :!:

Jimmy wrote: Tue Sep 24, 2019 5:13 pm

Jeff, same here. They are great! :!:

this is THE key to beating the markets

I was looking for this indicator on our site and found out Mrtools made a newer, updated version of the ALB (Adaptive Lookback) Triangular Moving Average Prize Zone which he kindly added Center Line to in our Coding Help section.
I'll post it in this thread just in case some one is looking for it.

This indicator comes with Multi-timeframe + Interpolation, Smoothing Options, Alerts & more.

Thanks Mrtools.

Some one requested for the latest version of the ALMA (Arnaud Legoux Moving Average) VHF Adaptive by Mladen and the newest one I've managed to find is version 1.4.
Currently, we only had up to version 1.1 here.

This version comes complete with (newer drop down box) Multi-timeframe + Interpolation, Floating Levels, Alerts & more.

Thanks to Mladen for this fine code.

Apologies if this indicator exists somewhere on our site already but I was unable to find this on our forums and it's such a good standalone indicator which should be added here for those who are working with Adaptive codes - The PA (Phase Accumulation) Adaptive T3 for MT4 by Mladen.

This indicator comes with Multi-timeframe + Interpolation & Alerts.

Thank you Mladen.