Hello Mladen,
is regularized ema the same as ema variation? And if not, would it be possible to apply your multi TF fix for ema variation? Thanks!
Re: Moving Average indicators for MT4
22No, they are not the samemades wrote:Hello Mladen,
is regularized ema the same as ema variation? And if not, would it be possible to apply your multi TF fix for ema variation? Thanks!
I am not sure but I think that there is already a mtf version. Will check and will get back
Re: Moving Average indicators for MT4
23Thanks Mladen, yes your latest ema variation was mtf.mladen wrote:
No, they are not the same
I am not sure but I think that there is already a mtf version. Will check and will get back
Re: Moving Average indicators for MT4
24I guess this should be thatmades wrote:
Thanks Mladen, yes your latest ema variation was mtf.
Indicator is just a tool.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.
Re: Moving Average indicators for MT4
25hi mtwana/mladen
could you please check this indicator is repainting? or any code error.. if YES, kindly correct and add arrow when change the trend colour.
or
if you have similiar kindly post
could you please check this indicator is repainting? or any code error.. if YES, kindly correct and add arrow when change the trend colour.
or
if you have similiar kindly post
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
Re: Moving Average indicators for MT4
26Dear Mladen,
one more little request, could you please release also histo version of your updated BB_stops ? Thank you!
one more little request, could you please release also histo version of your updated BB_stops ? Thank you!
Re: Moving Average indicators for MT4
27XPMA repaintssal wrote:hi mtwana/mladen
could you please check this indicator is repainting? or any code error.. if YES, kindly correct and add arrow when change the trend colour.
or
if you have similiar kindly post
Better to use some newer non-repainting combination of averages
Re: Moving Average indicators for MT4
28VIDYA
Upgraded vidya that uses Chandes momentum for adapting
___________________________________________________
Chande's Variable Index Dynamic Average (VIDYA) Chande's Variable Index Dynamic Average (VIDYA) is similar to the Exponential Moving Average (EMA) but automatically adjusts the smoothing weight based on the volatility of the prices.
VIDYA was developed by Tushar Chande and presented in March, 1992 in "Technical Analysis of Stocks & Commodities" magazine. In the first version, a standard deviation was used as the Volatility Index. In October, 1995 Chande modified VIDYA to use a new Chande Momentum Oscillator (CMO) as the Volatility Index.
Formula VIDYA is calculated by the formula:
Where: F is a smoothing factor calculated by the formula: is a number of periods for Exponential Moving Average (EMA); is the absolute current value of Chande Momentum Oscillator (CMO); is the value of VIDYA in the previous period. Usage Usually not VIDYA itself is used in trading, but its upper and lower borders (bands), that are by N% above and below VIDYA.
Hint: in Marketscope, to plot upper and lower bands of VIDYA, use the Shift indicator. Please read Shifting Indicator in Marketscope.
Trend Identification VIDYA can be used to identify the market trend:
Buy and Sell Signals VIDYA generates buy and sell signals when the price crosses over and under the bands:
Upgraded vidya that uses Chandes momentum for adapting
___________________________________________________
Chande's Variable Index Dynamic Average (VIDYA) Chande's Variable Index Dynamic Average (VIDYA) is similar to the Exponential Moving Average (EMA) but automatically adjusts the smoothing weight based on the volatility of the prices.
VIDYA was developed by Tushar Chande and presented in March, 1992 in "Technical Analysis of Stocks & Commodities" magazine. In the first version, a standard deviation was used as the Volatility Index. In October, 1995 Chande modified VIDYA to use a new Chande Momentum Oscillator (CMO) as the Volatility Index.
Formula VIDYA is calculated by the formula:
Where: F is a smoothing factor calculated by the formula: is a number of periods for Exponential Moving Average (EMA); is the absolute current value of Chande Momentum Oscillator (CMO); is the value of VIDYA in the previous period. Usage Usually not VIDYA itself is used in trading, but its upper and lower borders (bands), that are by N% above and below VIDYA.
Hint: in Marketscope, to plot upper and lower bands of VIDYA, use the Shift indicator. Please read Shifting Indicator in Marketscope.
Trend Identification VIDYA can be used to identify the market trend:
- When the market price breaks through the upper band of VIDYA, this may indicate the beginning of an uptrend.
- When the market price breaks through the lower band of VIDYA, this may indicate the beginning of a downtrend.
Buy and Sell Signals VIDYA generates buy and sell signals when the price crosses over and under the bands:
- When the price crosses over the upper band of VIDYA, this can be interpreted as a signal to buy.
- When the price crosses under the lower band of VIDYA, this can be interpreted as a signal to sell.
Attachments
Re: Moving Average indicators for MT4
29Dearest MLADENmladen wrote:Upgraded vidya that uses Chandes momentum for adapting
Thanks for the detailed explained what is vidya actually and originally.
regards
Indicator is just a tool.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.
Use it only if it can benefit you. Leave it if you don't know how to use it optimally.