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Advanced Momentum Perceptron Oscillator – Multi-Timeframe

Posted: Sun Apr 13, 2025 4:20 am
by Thoth
Hi guys,

This is a Momentum Perceptron oscillator. It includes multi-timeframe functionality, and soon - though I’m unsure if I’ll succeed - a version with a moving average (featuring its own independent multi-timeframe system) may be released.

Update – April 14th: Download the File Again
*) Improved timeframe handling: The code has been enhanced for greater robustness and dynamic adaptability compared to the previous version.
*) Cross-compatibility between normal and Heikin Ashi timeframes: Seamless integration is now possible in either direction (with one limitation: a timeframe lower than the chart’s current setting cannot be used—the code automatically defaults to the chart’s active timeframe).
*) Unrestricted cross-compatibility for Tick, Renko, and Range bars: These can now be freely combined with one another.
*) Integration of Tick/Renko/Range with normal/Heikin Ashi timeframes: The three non-standard chart types (Tick, Renko, Range) can now be paired with normal or Heikin Ashi timeframes (but not vice versa). For example:
- Unsupported: Normal/Heikin Ashi chart + Multi-Timeframe (MTF) Tick/Renko/Range.
- supported: Tick/Renko/Range chart + MTF Normal/Heikin Ashi.
- Same-chart-type limitation: When combining Tick↔Tick, Renko↔Renko, or Range↔Range, lower timeframes cannot be used—the chart’s current timeframe is automatically applied.
Important Note:
When combining Tick/Renko/Range with (normal or Heikin Ashi) or (Tick/Renko/Range) timeframes, occasional data synchronization issues may arise. Ensure data consistency by aligning timeframes appropriately (adjustments to instrument-specific settings are required. Graph or MTF).

General note:
My recommendation - applicable to my MTF indicators, which I will gradually update, and this indicator - is to avoid mixing timeframes that rely on candle closing times (time-based) with non-hourly timeframes.
By default, it is nearly impossible to properly reconcile Renko/Range bars with tick-based charts in a multi-timeframe setup. For example: A Range20 chart would require at least a Tick200 counterpart.
This also depends on market volatility.
No issues have been observed when combining Tick/Renko/Range charts with standard or Heikin Ashi candles.


Any feedback is welcome and will help enhance the indicator.
Image

Re: Advanced Momentum Perceptron Oscillator – Multi-Timeframe

Posted: Sun Apr 13, 2025 9:50 am
by Madsakz169
That indicator looks good

Tried downloading it and adding to my system don't work

Re: Advanced Momentum Perceptron Oscillator – Multi-Timeframe

Posted: Sun Apr 13, 2025 5:17 pm
by Thoth
Madsakz169 wrote: Sun Apr 13, 2025 9:50 am That indicator looks good

Tried downloading it and adding to my system don't work
Hi Madsakz169. Can you be more specific? Are you referring to the fact that you couldn't include it in the graph?
Thanks for the feedback

Re: Advanced Momentum Perceptron Oscillator – Multi-Timeframe

Posted: Mon Apr 14, 2025 7:52 am
by Madsakz169
I think the document is for mt5?

I tried adding it to my mt4 platform

Looks good the indicator from what I'm seeing from the picture

Re: Advanced Momentum Perceptron Oscillator – Multi-Timeframe

Posted: Mon Apr 14, 2025 7:54 am
by Cagliostro
Madsakz169 wrote: Mon Apr 14, 2025 7:52 am I think the document is for mt5?

I tried adding it to my mt4 platform

Looks good the indicator from what I'm seeing from the picture

Re: Advanced Momentum Perceptron Oscillator – Multi-Timeframe

Posted: Mon Apr 14, 2025 10:03 pm
by Thoth
A new version is now available for download
Thoth wrote: Sun Apr 13, 2025 4:20 am Update – April 14th: Download the File Again
*) Improved timeframe handling: The code has been enhanced for greater robustness and dynamic adaptability compared to the previous version.
*) Cross-compatibility between normal and Heikin Ashi timeframes: Seamless integration is now possible in either direction (with one limitation: a timeframe lower than the chart’s current setting cannot be used—the code automatically defaults to the chart’s active timeframe).
*) Unrestricted cross-compatibility for Tick, Renko, and Range bars: These can now be freely combined with one another.
*) Integration of Tick/Renko/Range with normal/Heikin Ashi timeframes: The three non-standard chart types (Tick, Renko, Range) can now be paired with normal or Heikin Ashi timeframes (but not vice versa). For example:
- Unsupported: Normal/Heikin Ashi chart + Multi-Timeframe (MTF) Tick/Renko/Range.
- supported: Tick/Renko/Range chart + MTF Normal/Heikin Ashi.
- Same-chart-type limitation: When combining Tick↔Tick, Renko↔Renko, or Range↔Range, lower timeframes cannot be used—the chart’s current timeframe is automatically applied.
Important Note:
When combining Tick/Renko/Range with (normal or Heikin Ashi) or (Tick/Renko/Range) timeframes, occasional data synchronization issues may arise. Ensure data consistency by aligning timeframes appropriately (adjustments to instrument-specific settings are required. Graph or MTF).