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Re: Moving Average indicators for MT4

Jimmy, Mon Nov 16, 2020 8:31 pm

Darks wrote: Sat Nov 14, 2020 6:09 am Here's a different take(adaptive method) on an already existing indicator. Results look so good at some places that it starts to give impression of an improvement although still far away from that. Image shows the comparison(between old(orange,aqua) & new(red,green) version) at default settings with T3 clean turned on.
Image
What I like about this experiment is that you can watch the lines during a trend and can somewhat gauge when there's a turning point or when a trend is exhausting.

  • When the lines begin to "pinch" take profit and exit trade
  • When the lines begin to "spread" this shows strong momentum and you can stay in the trade for more profit

And even though this can happen on many moving averages, this combination seems to work just a bit better. And it's Adaptive so it's good at filtering out the undesirable trades.

Thanks for this idea, here's the template for those who want to try Dark's idea out.
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