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Re: MT4 Indicator requests and ideas

friend4you, Sun Feb 19, 2017 7:41 am

That would be wonderful. I love the adaptive version.  It shows divergence and it is one of the few indicators, which can warn you that the price can consolidate before it happens.Trade it always with the trend as you know an instrument can be overbought/sold a long time on strong trends. But if the price moves with waves, it is very good.
What does this settings do?
tdi_rsx_based_-_adaptive_smoothed__alerts__lines__divergence.mq4
"RsxSignalLinePhase = 0;"
"extern bool   RsxPriceLineDouble        = false;"
I can't see much change?

In the meantime a simple task to ma-like indicator, which does not overreact like hull ma:

I present to you one of my favourite ma. Can you add alerts on slope change and cross over? On backtests the first line seems to repaint two bars sometimes, can you make it completely non-repainting?
Can you make more options changeable like in line 109: MODE_LWMA, PRICE_CLOSE
         ld_104 = 2 * iMA(NULL, 0, period_44, 0, MODE_LWMA, PRICE_CLOSE, li_20);

In which ways is your invention oma (one more average) better?
You see in the picture also some StepMA testing. 3ma are the colored lines in waves.
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