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Re: Metatrader 5 Versions of indicators.

rabah, Fri Mar 02, 2018 7:24 am

Greetings Mladen,

I would like to first thank you for all of the great indicators that you have coded throughout the years. They have truly been a benefit to myself and many other traders. I have been using your Schaff Trend Cycle-Gaussian Filter Velocity indicator with forex trading. As I transition into trading futures on metatrader 5, could you please make a metatrader 5 version of Schaff Trend Cycle-Gaussian Filter Velocity indicator. Many thanks.

Also if any other fellow traders are interested, this indicator is very useful for identifying trends. I use Murrey Math on longer time frames. A challenge with Murrey Math is that although you know price is at a reversal level, it helps to have some kind of way to confirm that the reversal area will hold. For example in the attached chart I have corn futures. At 11/15/17 price was in the reversal zone between MML 2/8th and 1/8th. For corn futures I found the average monthly cycle to be about 28 months. Therefore, the settings that I use for the Schaff Trend Cycle-Gaussian Filter Velocity indicator are:
Timeframe = 1 month
Schaff Period = 0.2 x Gaussian Period = 2.8 = 2 (I chose not to round up)
Gaussian Period = Monthly Cycle Period /2 = 28/2 =14
Gaussian Order= 2
Signal Period =1

Afterward I use the value chart to trade the pullbacks.

thanks in advance
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