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Re: No Nonsense Forex - Indicators

Posted: Wed Dec 07, 2022 8:31 am
by mrtools
rambo wrote: Sat Dec 03, 2022 10:10 am Hello Centaur, i tried finding an mq4l file, but nobody seem to have it :/

Could u do me favour and convert this MT5 indicator into MT4, it's a great confirmation & volume tool and i wanna test it on my mt4 algorithm

https://www.mql5.com/en/code/22976

Thanks!
Posted a version here trend direction and force

Re: No Nonsense Forex - Indicators

Posted: Wed Dec 07, 2022 1:39 pm
by asbestosman21
Found this cool website where you can create expert advisors for MT4/MT5

https://www.eabuilder.com/

Re: No Nonsense Forex - Indicators

Posted: Thu Dec 08, 2022 5:47 pm
by rambo
mrtools wrote: Wed Dec 07, 2022 8:31 am Posted a version here trend direction and force
Thank you!

Also do u have a mt4 version of this SSL? i really like the fact that i can change the methods 'simple, smoothed, exponential, & linear weighed' on this indicator

and the SSL i currently have on mt4 doesn't allow me to do this.


Regards Rambo

Re: No Nonsense Forex - Indicators

Posted: Fri Dec 09, 2022 7:23 am
by mrtools
rambo wrote: Thu Dec 08, 2022 5:47 pm Thank you!

Also do u have a mt4 version of this SSL? i really like the fact that i can change the methods 'simple, smoothed, exponential, & linear weighed' on this indicator

and the SSL i currently have on mt4 doesn't allow me to do this.


Regards Rambo
Check here Gann indicators

Re: No Nonsense Forex - Indicators

Posted: Fri Dec 16, 2022 11:59 pm
by Vik93
Impressiv

Re: No Nonsense Forex - Indicators

Posted: Sat Dec 24, 2022 8:12 am
by rambo
Hi Mrtools,

Could u add those extra MA types on Oscar MT4 that the MT5 version has please

Especially smoothed ma

I would appreciate it much

Regards
Rambo

Re: No Nonsense Forex - Indicators

Posted: Sat Dec 24, 2022 11:41 pm
by rambo
mrtools wrote: Fri Dec 09, 2022 7:23 am Check here Gann indicators
Hi Mrtools, i dind't know how to tag you, so I was not sure if u was gonna see the previous post I made anytime soon.
So I thought I just respond to this conversation we had.

Re: No Nonsense Forex - Indicators

Posted: Sun Dec 25, 2022 5:50 pm
by DAVID99
Currency correlation shows it's free. I like making transactions easy.

I also have a correlation indicator which is also a sign converter, you need to understand what correlation is to use it.

Re: No Nonsense Forex - Indicators

Posted: Mon Feb 06, 2023 10:49 pm
by Centaur
Adaptive Relative Strength Index (ARSI)

ARSI (Adaptive Relative Strength Index) is another useful indicator. It smooths the market noises and shows the market trends more clearly. To achieve the goals, the indicator filters out the market fluctuations (noises) by averaging the price values of the periods, over which it is calculated.

Re: No Nonsense Forex - Indicators

Posted: Fri Feb 10, 2023 7:23 pm
by Centaur
Strength Oscillator

Not knowing when a market will trend is the greatest problem for analyst.

Based on the idea that the trend component is stronger when price is father from fair value, and noise (sideways movement) is greater when price is near value, an oscillator can be created to show the strength of the trend component based on this concept.

As the trend increases, the average change in prices becomes larger relative to the high minus the low range for the day.

During an unusual period, when the market gaps open, it would be possible for the difference in prices to become larger than the daily range.

In a sideways market both the change in the prices and daily range will get smaller, but the net price change over a period should be close to zero.

Zero line cross indicator perfect as a C1 or C2 or perhaps and exit indicator.

The oscillator can be smoothed by increasing the signal period, however this introduces some minimal lag in the signal.

An alternative way would be to smooth the output of the indicator with a least squares moving average of about 8 periods.