Attachments forums

List of attachments posted on this forum.


All files on forums: 136260

Re: Various Indicators - (MT5)

mrtools, Mon Apr 25, 2022 3:59 am

From Mladen Rakic:

Generalized version of the smooth step indicator (originally posted here : Smooth Step).

This version is using a property of a smooth step that it can be further smoothed - based on Kenneth H. Perlin's (a professor in the Department of Computer Science at New York University) idea

*when order 0 is used, it is the same as built in stochastic / 100 (with slowing in stochastic set to 1)
*when order 1 is used, it is the same as the smooth step indicator
*when any higher order is used, it filters further the signal while keeping the values in the expected ranges



Image


Image



Recommendations:
*You can use it in similar ways stochastic
*You can use it in any code that needs to have normalized values as inputs
All files in topic