Re: Moving Average indicators for MT4
Posted: Sat Jan 30, 2021 3:50 am
Here it is please check
Here it is please check
Well I had to check the code again and found that my understanding of the original code was slightly wrong. So a minor tweak has been done. But regardless of that this indicator has the tendency to perform different on different assets. Also I believe number of bars on the chart effect it because of the cumulative average.
Here it is loaded on my chart. This is Trend Step LSMA (First Version) using Multiplier or 0.1.
Awesome indicator. Thank you.Darks wrote: Thu Jan 21, 2021 5:38 am This one is an idea from TradingView I really liked. It's called VWAP candles & MWAP. Although it is simply showing volume weighted candles as VWAP is a completely different indicator (it doesn't drop previous data of the session unlike VWMA) but still the name is kept. Also I didn't included the original VWAP average as in the TradingView version as it didn't felt necessary.
Thank you for the amazing share but will it be possible to add arrow and alert on color change Please .Darks wrote: Sat Jan 30, 2021 4:14 am
Well I had to check the code again and found that my understanding of the original code was slightly wrong. So a minor tweak has been done. But regardless of that this indicator has the tendency to perform different on different assets. Also I believe number of bars on the chart effect it because of the cumulative average.
I would encourage everyone who is willing to use it to please read the original TradingView description for further clearance as the Author explains some of its peculiarities in description and comments.
Added multi pair function and mtf.MarcoHedge wrote: Wed Feb 10, 2021 8:39 pm @ mrtools can you please add multi pair function to this Indicator would be very nice
greetings from Germany
Added interpolation.Can you make this MTF, interpolate, thank you Mr tools.
Darks wrote: Fri Nov 20, 2020 4:04 am So it seems that anything that can reflect trend and oscillates between 0 to 1 (or can be normalized to fit that range) can be used as an gain factor for constructing corrected average. This version is using the RSI indicator to calculate the gain for cma.
PS: For the settings used on the Daily Downloads screenshot, see here: Corrected Moving Averages RSI Settings for MT4.
Will make it.chris006 wrote: Fri Feb 12, 2021 12:25 am Hello Darks,
Would it be possible to produce a histo version of this corr_averages(RSI).ex4?
Thanks,
Try this one. Also added different RSI calculation methods.chris006 wrote: Fri Feb 12, 2021 12:25 am Hello Darks,
Would it be possible to produce a histo version of this corr_averages(RSI).ex4?
Thanks,