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Re: Volume Indicators for MT4

kvak, Thu Dec 28, 2023 10:34 pm

ixion700 wrote: Thu Dec 28, 2023 9:12 pm Thank you so much! In my eyes this is very nice and far better than the original indicator but still there is a issue that it is too noisy. So i think we need a 2 step noise reduction, meaning in addition to the calculation mode which improves the formula from inside we need an extra smoothing on the outcome of the formula too. The "smoothing period(1= no smoothing)" option is in fact showing the signal line period so i suggest to change it to "signal period" to avoid the confusion and add a "main line smoothing" option which is applied to the outcome value of the formula. I don't know if such a 2 step smoothing(from inside and outside of the formula) has ever been done in any indicator before, but i think it will work. Best regards and many thanks.
I made some change in calculation, test this version, smoothing version ( upper subwindow ) add some lag to it.

Edit: redownload indicator, old version have bug in refresh in chart.
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