Re: Chaos Visual Averages Indicators for MT4
Posted: Fri Oct 11, 2019 9:45 pm
but that is not fair : we need to understand how it works or am wrong ?
Hi Jimmy,Jimmy wrote: Sun Aug 13, 2017 4:07 pm Chaos Visual Averages (Haos Visual Averages) Indicators for MT4
One of the biggest mistakes trading novices make is that they try to generate as much information as possible from one chart by using many unnecessary indicators. The result is a chart full of lines, squiggles and all sorts of nonsense which gives the trader a conflicting story.
Such on-screen "fuss" confuses a new trader forcing them to open or hold onto unprofitable positions until the dreaded Margin Call is announced.
Keep it simple they say. But how?
By using the Chaos Visual Averages indicator by Mladen.
Not only does Mladen's indicator produce the most accurate reversal signals to date, the indicator allows a trader to easily join the trend and take counter-trend trades back into the direction of the trend.
If a trader chooses to work with Chaos, the trader should have a clean chart and not use additional oscillators, as they are all already included in Visual Chaos.
Tip: A simple and winning system using Chaos can be made by marking Weekly and Daily Support and Resistance lines and counter-trend trading the approaching bounces off those support and resistance lines using the Overbought Extreme and Oversold Extreme signals of the 15 minute Chaos.
Pros:Cons:
- Uncanny accuracy in detecting reversals.
- Visually pleasing and easy to see market conditions.
- Can be used as a trend trading indicator or a counter-trend trading indicator.
- Strong back-testing results (almost 95% accuracy on "Extreme" signals).
- An "all-in-one" indicator which can be used to trade for a living.
- Even with Overbought "Extreme" and Oversold "Extreme" conditions the indicator can sometimes cause you to trade in the reverse direction of a very strong trend causing large drawdowns before price eventually reverses.
- Overbought "Extreme" and Oversold "Extreme" signals can be few and far between when trading on the 15 minute timeframe and higher. To counter this it's recommended to trade at least 8 Major pairs to receive "Extreme" signals often.
what version is it? if you share, i share other good extreme that i found in this forumschemman wrote: Thu Nov 07, 2019 5:16 am
Hi Jimmy,
Can you please make this indicator with only Extreme OB & OS levels shown? I tried to incorporate this indicator into an EA, but the back-testing was super slow and messed up in visual mode. I am unsure if I got the indicator buffers wrong. Thank you for your time.
It's v1.43. The file shared in the very start of this thread.levchuk wrote: Thu Nov 07, 2019 6:19 am
what version is it? if you share, i share other good extreme that i found in this forum
Please let me know if you found a solution yet.Fabio.g wrote: Wed Sep 06, 2017 7:35 am Hello everyone,
would you be so kind to tell me which are the buffers for when the histograms are shown, please?
and could you attach the new list of averages for 1.43, i have an old one
Code: Select all
enum enMaTypes { ma_adxvma, // Adxvma ma_ahr, // Ahrens moving average ma_alxma, // Alexander moving average - ALXMA ma_dema, // Double exponential moving average - DEMA ma_dsema, // Double smoothed exponential moving average - DSEMA ma_emas, // Ema derivative - EMAD ma_ema, // Exponential moving average - EMA ma_hull, // Hull moving average - HMA ma_ie2, // IE/2 ma_ie_2, // IE/2 ma_ilinr, // Integral of linear regression slope ma_itl, // Instantaneous trendline ma_lagg, // Laguerre filter ma_lead, // Leader exponential moving average ma_linr, // Linear regression value - LSMA ma_lwma, // Linear weighted moving average - LWMA ma_mcg, // McGinley Dynamic ma_mcma, // McNicholl ema ma_nlma, // Non lag moving average ma_pwma, // Parabolic weighted moving average - PWMA ma_rmta, // Recursive moving trendline - RMTA ma_sma, // Simple moving average - SMA ma_sine, // Sine weighted moving average ma_smma, // Smoothed moving average - SMMA ma_smoo, // Smoother ma_ssm, // Super smoother ma_b3p, // Three pole Ehlers Butterworth ma_s3p, // Three pole Ehlers smoother ma_tma, // Triangular moving average - TMA ma_tema, // Tripple exponential moving average - TEMA ma_b2p, // Two pole Ehlers Butterworth ma_s2p, // Two pole Ehlers smoother ma_vema, // Volume weighted ema - VEMA ma_vwma, // Volume weighted moving average - VWMA ma_zldema, // Zero lag dema ma_zlma, // Zero lag moving average ma_zltema // Zero lag tema };
And we still use the MT4 .mladen wrote: Sat Jan 13, 2018 11:03 pm
That (that the mt4 is not going to be supported any more) was decided a few years ago - and still we use mt4
I know there is noway to get the the haos's mql4 version but is there a way to buy it, i know it's priceless masterpiece but i think i could made it more efficient.Jimmy wrote: Mon Aug 14, 2017 4:35 pm This is the Optimized Haos Visual Averages version which was released prior to the Chaos Visual Averages.
As this was already optimized, this version of Haos's "Extreme" signals are identical to Chaos Visual Averages "Extreme" signals from the first post.
Tip: This version is ideal for traders using Haos/Chaos as a trend trading indicator as it easily outlines the overall trend in grey.
When the thin red line has ventured away from the grey histogram columns (trend) and moves near the -30 Oversold or +30 Overbought areas, you can prepare to enter a trade in anticipation for price to join back in the direction of the overall trend (grey histogram columns).
Grey histogram columns above the 0 line indicate an uptrend and grey histogram columns that are below the 0 line indicate a downtrend.