Re: Trend Indicators

721
talaate wrote:Fri Apr 02, 2021 11:50 am I don't know if the attached version can help you, I have the source but I'll not publish it.
HalfTrend MTF with alerts.ex4
Bro.. thanks for the support.
would like to know it is an NRP indicator!!
"There is NO GOD higher than TRUTH" - Mahatma Gandhi


Re: Trend Indicators for MT4

724
Narco wrote:Fri Apr 02, 2021 4:08 pm Guys, there is no other NRP version of Half Trend except for the one Mladen posted himself called "half-trend nrp.ex4"
may be.. i hope mladen updated the half trend . May be it is a nrp version but stardard or not updated.
"There is NO GOD higher than TRUTH" - Mahatma Gandhi


Re: Trend Indicators

728
mladen wrote:Fri Apr 02, 2021 1:58 am It is not the one from the quoted post, but does not matter
The source for the new (fully non-repainting) version was never made public
Hi Mladen / Mr Tools?

Do you know if it is possible to make Half Trend transition faster?

With older versions you can set the Amplitude to negative (-1). It looks good on a visual backtest but in Realtime it actually can lag even more than amp +1. I believe this is due to using future values?

Perhaps there's a way to make a 'Zero Lag' Half Trend, something like the Zero Lag Hull Moving Average? Maybe it is possible to set lower MA values?

I've attached an example comparing the two.

Half Trend is a great indicator in steady trending markets, but it struggles with faster directional changes.

Re: Trend Indicators

729
Narco wrote:Thu Apr 08, 2021 1:49 pm Hi Mladen / Mr Tools?

Do you know if it is possible to make Half Trend transition faster?

With older versions you can set the Amplitude to negative (-1). It looks good on a visual backtest but in Realtime it actually can lag even more than amp +1. I believe this is due to using future values?

Perhaps there's a way to make a 'Zero Lag' Half Trend, something like the Zero Lag Hull Moving Average? Maybe it is possible to set lower MA values?

I've attached an example comparing the two.

Half Trend is a great indicator in steady trending markets, but it struggles with faster directional changes.
Regarding negative "amplitude" I have a simple proposal :

  • Why don't we simply decide that the future is a known?
  • So we shall simply scrap the fact that we do not know what shall happen in the future
  • Then all our problems with "predictions" will be solved
  • So : tomorrow EURUSD shall be 2.00
  • Do not believe it?
  • Why "believe" when I "know"

Please, if the math model does not have a sound ground for using some values (take the regression analysis as an example), one, and only one possible reason exists to display past values better fit in the past to past future values (since actual values are going to be changed all the time) and will make those values, as far as indicators like half trend are concerned, useless : to scam people into believing that it is a wonder

Re: Trend Indicators

730
mladen wrote:Thu Apr 08, 2021 6:17 pm Please, if the math model does not have a sound ground for using some values (take the regression analysis as an example), one, and only one possible reason exists to display past values better fit in the past to past future values (since actual values are going to be changed all the time) and will make those values, as far as indicators like half trend are concerned, useless : to scam people into believing that it is a wonder
Thanks, I appreciate the response.

I 100% agree with you, so I was just asking was there any alternatives to make it transition a bit faster without using negative amplitude.

As far as the indicator being a scam. It definitely isn't a holy grail but it can be a useful tool for alerting and heads up for PA directional changes.

Cheers