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Re: Moving Average indicators for MT4

3861 by mrtools
mrtools wrote: Tue Apr 04, 2023 2:24 pm Elders Auto Envelopes with latest MA Filters + Stable Update

This is an updated version of Elders Auto envelopes with all the latest averages, had to scrap g channel on this version, for some reason not working.

Mladen's explanation:

Envelope or channel lines are set parallel to the moving average (parallel to the slow MA if you use two MAs). The two channel lines must contain:

  • Approximately 95% of all prices for the past two or three months on a daily chart
  • Only the extremes protruding outside the bands

Channel lines provide attractive profit targets – sell longs near the upper line and cover shorts near the lower line.

The auto envelope automatically sizes channels by calculating a standard deviation for the last n bars. It is designed to change value at most once a week (once a month on a weekly chart), making it suitable even for intra-day data (use the ‘Fixed channel size’ parameter to switch from one mode to the other).
Found an issue with the ribbon in mtf mode and fixed that and added arrows.
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Re: Moving Average indicators for MT4

3862 by mrtools
From Mladen Rakic:

Some of the digital filters in one place :

* Hanning
* Hamming
* Blackman
* Blackman / Harris
And (simply in order to demonstrate that almost anything can be a digital filter) :

* rectangular - simple moving average
* linear weighted moving average
* triangular moving average
Capture_cb__4.png

Capture__8.png


Made a mt4 version and added a choice of volatility bands.
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Re: Moving Average indicators for MT4

3863 by kvak
Here is ribbon ma ( kind of limited Guppy version)
With lots of options like filtering trend with RSI or Daily open line or choose if you want trend by slope of MA or cross of MA/price.
Also with arrows/alerts and button.
For RSI setup you may try this version click
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Re: Moving Average indicators for MT4

3864 by NotInPortland
kvak wrote: Mon Aug 11, 2025 8:48 pm Here is ribbon ma ( kind of limited Guppy version)
With lots of options like filtering trend with RSI or Daily open line or choose if you want trend by slope of MA or cross of MA/price.
Also with arrows/alerts and button.
For RSI setup you may try this version click
Hi, very very good indicator, i'm loving it. Just a thing, the indicator is a bit heavy. Could you please insert an external variable in order to calculate the indicator only for a certain number of bars, please? Thanks a lot

Re: Moving Average indicators for MT4

3865 by kvak
NotInPortland wrote: Thu Aug 14, 2025 7:03 am Hi, very very good indicator, i'm loving it. Just a thing, the indicator is a bit heavy. Could you please insert an external variable in order to calculate the indicator only for a certain number of bars, please? Thanks a lot
Hello.
Maybe this version working better for you.
Test it.
Also try limited bars to calculate in MT4.
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CodeRe: Moving Average indicators for MT4

3867 by mrtools
Deviation Scaled VWMA (Volume Weighted MA)

Found this idea on ThinkOrSwim anyway instead of a deviation scaled ma made it into a deviation scaled Vwma, not sure how useful but seems ok.

PS: For alternate versions, please see:
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Re: Moving Average indicators for MT4

3869 by Jimmy
boytoy wrote: Mon Sep 01, 2025 2:40 pm New one for us moving avg guys.. is that the one from tos which used ehlers super smooth filter? tks and excited to know more..
I don't think so. Please take a look at this post which provides information on "deviation-scaling".

From what I can see, Mrtools has applied this technique to the VWMA which makes the Volume Weighted MA a bit more smoother, yet helpful, during choppy price action.
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Myfxbook live trading results 📊

List of our most powerful reversal indicators + Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
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IdeaRe: Moving Average indicators for MT4

3870 by mrtools
Jimmy wrote:

I don't think so. Please take a look at this post which provides information on "deviation-scaling".

From what I can see, Mrtools has applied this technique to the VWMA which makes the Volume Weighted MA a bit more smoother, yet helpful, during choppy price action.
boytoy wrote: Mon Sep 01, 2025 2:40 pm New one for us moving avg guys.. is that the one from tos which used ehlers super smooth filter? tks and excited to know more..
Deviation Scaled VWMA (Volume Weighted MA) alternative calculation

In the regular DSMA it uses a close[0] - close[2] smoothed with super smoother.
In the Vwma version it is using a close[0] - close[2] smoothed with Vwma, then smoothed again with super smoother.
In the final calculation it uses an ema calculation with a choice of all the prices.

Overnight was thinking that instead of using close[0] - close[2] why didn't I use all the prices in the complete calculation, so changed it to reflect that.

So, in this version instead of close[0] - close[2] it is using the prices[0] - prices[2], throughout the whole code which to me is probably closer to the original intent.

PS: For the previous code this was based on, please see: Deviation Scaled VWMA by Mrtools.
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