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Re: Ehlers Indicators for MT4

Posted: Tue Jul 27, 2021 6:36 am
by talaate
mrtools wrote: Sat Jul 24, 2021 8:45 am Dynamic zones added.
Dear Mrtools
Is it possible to add alerts to this unique indicator when the classic and hidden divergence condition occurs as well as when the indicator crossover with zerO level line


Re: Ehlers Indicators for MT4

Posted: Wed Jul 28, 2021 1:43 am
by mrtools
talaate wrote: Tue Jul 27, 2021 6:36 am Dear Mrtools
Is it possible to add alerts to this unique indicator when the classic and hidden divergence condition occurs as well as when the indicator crossover with zerO level line


dz band pass filter (mtf + divergence).ex4
Try!

Re: Ehlers Indicators for MT4

Posted: Wed Jul 28, 2021 2:08 am
by talaate
mrtools wrote: Wed Jul 28, 2021 1:43 amTry!
Thanks Mrtools, I really appreciate your work :thumbup:

Re: Ehlers Indicators for MT4

Posted: Mon Aug 23, 2021 8:22 am
by mrtools
Guess this is Ehlers know it's the very close to non linear kalman which far as i'm aware is from Ehler. Anyway changed the coloring to non repaint if color mode = true.

PS: For optimal settings, please see this post: Ehlers's Lowpass Filter Settings using Fibonacci numbers.

Re: Ehlers Indicators for MT4

Posted: Mon Aug 23, 2021 9:06 am
by Beastie
Thanks mate that's awesome! What settings are you using there if you don't mind me asking? Looks tasty.

Re: Ehlers Indicators for MT4

Posted: Mon Aug 23, 2021 11:57 am
by mrtools
mrtools wrote: Mon Aug 23, 2021 8:22 am Guess this is Ehlers know it's the very close to non linear kalman which far as i'm aware is from Ehler. Anyway changed the coloring to non repaint if color mode = true.
15 Min chart defaults settings except using 30 minute timeframe,order = 3, pre smooth = 3, and pct filter = 2.

Re: Ehlers Indicators for MT4

Posted: Mon Aug 23, 2021 5:41 pm
by ionone
mrtools wrote: Mon Aug 23, 2021 8:22 am Guess this is Ehlers know it's the very close to non linear kalman which far as i'm aware is from Ehler. Anyway changed the coloring to non repaint if color mode = true.
amazing

Re: Ehlers Indicators for MT4

Posted: Mon Aug 30, 2021 7:11 am
by mrtools
This is a little more updated Ehlers force index, not using the built in version.

Re: Ehlers Indicators for MT4

Posted: Mon Aug 30, 2021 7:57 pm
by Jimmy
mrtools wrote: Mon Aug 23, 2021 8:22 am Guess this is Ehlers know it's the very close to non linear kalman which far as i'm aware is from Ehler. Anyway changed the coloring to non repaint if color mode = true.
mrtools wrote: Mon Aug 23, 2021 11:57 am 15 Min chart defaults settings except using 30 minute timeframe,order = 3, pre smooth = 3, and pct filter = 2.
The Order, Pre-Smooth & PCT Filter settings are spot on.

Also, have a look at the indicator on Bitcoin 4H chart using settings of:


What's your thoughts? Good for trends or too laggy compared to Filter Period of 14? I think they're not bad to be honest! :think:

Attached is a PDF which also outlines Ehlers's Spectral filters and frequency analysis. You will find more information on the Lowpass here.


Re: Ehlers Indicators for MT4

Posted: Mon Aug 30, 2021 9:04 pm
by josi
Jimmy wrote: Mon Aug 30, 2021 7:57 pm
    [list/]
[*]Filter Period: 21 (Fibonacci number)
[*]Order: 3
[*]Pre-Smooth: 3
[*]PCT Filter: 2
[/list]
I am not talking about better or worse:
I tried 9 for Filter Period and Weighted Price and think it delivers good results.
But I am mostly on H1 - so everything may be different on other TFs.
This - thanks to Banzai and MrTools - should do the trick:
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