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Re: Ehlers Indicators for MT4

112 by mntiwana
Elder auto envelope
Some Elders Auto Envelop series indicators
Mladen : "Deviations" are not standard deviations of a price,so the comparison to it will not hold
usual prices
The lowest picture with default values but at M10 offline chart
These users thanked the author mntiwana for the post:
srinarayani13
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.

Re: Ehlers Indicators for MT4

113 by mntiwana
Elder auto envelope 2
Mladen : Here is a version that is exactly the same as that metatrader 5 version
Almost same parameters but user friendly
These users thanked the author mntiwana for the post:
Akela
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.

Re: Ehlers Indicators for MT4

115 by mntiwana
Elders's market thermometer
Mladen's version indicator
____________________________
modes :
1 - original mode
2 - change in colors:
green -> up change
red -> down change
3 - Silberman's and Lynch modifications
if in trade already and red bar, then exit
get ready for explosive move if yellow bar
if not in trade, white bar suggests a move has started
set profit target for next day
-- if Long, add value of today's Thermometer EMA to
yesterday's high and place sell order there
-- if Short, subtract value of today's Thermometer EMA
from yesterday's low and place order to cover there
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.


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