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Re: Moving Average indicators for MT4

mrtools, Wed Jan 26, 2022 8:00 am

GoldenBrett90 wrote: Wed Jan 26, 2022 6:02 am Hey, Jimmy, thanks for the reply.
Though, I'm really just looking to see if anyone's coded it as an individual indicator.
I'm trying to find this Tillson IE/2 as an individual indicator for near-future coding considerations.

In my findings, IE/2 follows the trend much better than the corrected T3, believe it or not, which would be much better for coding, yet T3 is the one that's popular.
Make a double-MA "cloud" set to 34 & 100 for both and you will see exactly what I'm looking at.
Since studying what Xard has produced, I've began to look at the "cloud" concept in a different way, as it can produce buy, sell, and neutral signals to make a color-coded background for easy trading psychology. I'm sure you know all about Xard.
But, anyways, T3 produces a much broader loop and lags behind by a couple of bars, though they do trade-off with which one produces an earlier entry.
I've always used T3, because it was in relation to "THV Trix" (Turhovach, CobraForex, Forex Factory).
I wonder how Trix would be if it were coded with IE/2, instead. Probably great.

Over the past couple of weeks of using it, it's seemed too good to be true...
It seems like this is what I've been looking for the past 6 years and a simple source code would be so appreciated.
Made this one.

For those who are new to this indicator, the description of the IE/2 and a PDF article can be found, here: What is the IE/2 indicator by Tim Tilson?
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