mrtools wrote: Mon Nov 06, 2023 6:03 am DEMA (Double Exponential Moving Average) using Jurik Volty

andrei-1 wrote: Mon Nov 06, 2023 10:31 pm Alligator

mrtools wrote: Mon Nov 06, 2023 6:03 am DEMA (Double Exponential Moving Average) using Jurik Volty

From Mladen Rakic:

Some of the average type indicators are, by their nature, suitable for being adaptive.

One of them is DEMA (Double Exponential Moving Average). This version is using Jurik Volty for making the DEMA adaptive.

PS: when comparing adaptive indicators with the non-adaptive versions, it always should be compared for long periods. The reason is simple: for short periods the difference is small and a lot of times it can not be noticed on a first sight.

Below is a comparison of regular DEMA (gray line) and Jurik Volty Adaptive DEMA (colored line) - both using a period 50.
It is obvious that adaptive DEMA is leading when compared to regular DEMA.

An MT4 version (and MT5 version attached)

Did a mt4 version, hopefully it's close.

arbalest wrote: Thu Nov 09, 2023 3:43 am Mrtools, could you please add arrow + alert on slope change (mt4 version)
Thanks

mrtools wrote: Wed Nov 03, 2021 6:27 am Sorry for the very late answer but the version you posted doesn't repaint.

sadd wrote: Mon Jan 08, 2024 6:08 am No, he'll redraw it, although sometimes it's just a few K lines, and I hope he can fix it so he doesn't redraw it.

mrtools wrote: Mon Jan 08, 2024 6:16 am Please show some examples where it repaints.

sadd wrote: Mon Jan 08, 2024 6:26 am I tested it in backtracking, and when the histographic color changes, it goes straight up with 1-3 k lines. The redraw is not serious, but 1-3 k lines will determine your portfolio.

Jimmy wrote: Sun May 12, 2019 10:01 pm This is the Stochastic Adaptive Lookback Speed indicator for MT4 which was kindly created and also upgraded by Mladen to include Multi-timeframe + Interpolation.

As a note, this particular Stochastic is more suited to scalping as it reacts to price a bit faster than the standard Stochastic Oscillator.
For swing trading, this can still be used, but you'll want to adjust the settings to 14, 3, 3. For scalping, the default 5, 3, 3 settings are ideal.