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Re: Various (Specialist) indicators for MT4

1052 by kkfx
Hello all,

Here I am sharing one special indicator that I got converted from original Ninjatrader indicator. This is a smoothed version of detrended oscillator.

Here is a decription from original author of Ninjascript.
"This is an advanced oscillator based on auxiliary particle filter, I think you will find that it is better than most commercial indicators. It can be very fast while still removing nearly all of the noise from the signal (based on similar concepts as JMA)

The purple background line is a smoothed and detrended version of the price series. The orange/green line is a prediction based on an additional adaptive smoothing technique and current volatility.

The prediction is smoothed twice and is supposed to represent the true signal without any noise, thus the prediction should always be less than the detrend line. However, certain volatile conditions will cause the prediction to cross above/below the detrend line. When this happens the likelihood of a reversal or pullback is extremely high.

You can see in the screenshot that the yellow dots warn of an eminent pullback 2 bars before it actually occurs (and no, it does not repaint) =)

You can also use this indicator to trade CCI signals, currently it plots up/down arrows on ZLR signals (although the detection logic for these is rather crude and has much room for improvement)"

The Ninatrader version is better than MT4 version.
I am posting mq4 code so the eminent stalwart coders here can modify it and make it better.
Thank you.
These users thanked the author kkfx for the post (total 7):
Naughty 77, kvak, Chickenspicy, Banzai, andrei-1, icman, Krunal Gajjar

Re: Various (Specialist) indicators for MT4

1054 by Banzai
kkfx wrote: Wed May 03, 2023 6:10 pm Hello all,

Here I am sharing one special indicator that I got converted from original Ninjatrader indicator. This is a smoothed version of detrended oscillator.

Here is a decription from original author of Ninjascript.
"This is an advanced oscillator based on auxiliary particle filter, I think you will find that it is better than most commercial indicators. It can be very fast while still removing nearly all of the noise from the signal (based on similar concepts as JMA)

The purple background line is a smoothed and detrended version of the price series. The orange/green line is a prediction based on an additional adaptive smoothing technique and current volatility.

The prediction is smoothed twice and is supposed to represent the true signal without any noise, thus the prediction should always be less than the detrend line. However, certain volatile conditions will cause the prediction to cross above/below the detrend line. When this happens the likelihood of a reversal or pullback is extremely high.

You can see in the screenshot that the yellow dots warn of an eminent pullback 2 bars before it actually occurs (and no, it does not repaint) =)

You can also use this indicator to trade CCI signals, currently it plots up/down arrows on ZLR signals (although the detection logic for these is rather crude and has much room for improvement)"

The Ninatrader version is better than MT4 version.
I am posting mq4 code so the eminent stalwart coders here can modify it and make it better.
Thank you.
d9 Particle Oscillator
(on/off button)

You can place the button on the main chart or
in the sub window.

Watch the divergences too.
These users thanked the author Banzai for the post (total 4):
Chickenspicy, TransparentTrader, andrei-1, kkfx

Re: Various (Specialist) indicators for MT4

1055 by 太虚一毫
mrtools wrote: Mon May 01, 2023 4:45 am Added the on/off button. 
Image

Rex AVGS Filtered is probably one of the best indicators for 2023! :thumbup:

Mrtools teachers may consider adding a Donchian channel to smoothed repulse. See if this combination surprises us ?

The merit is immeasurable!
These users thanked the author 太虚一毫 for the post (total 2):
Chickenspicy, alexm

Re: Various (Specialist) indicators for MT4

1056 by mrtools
太虚一毫 wrote: Fri May 19, 2023 5:59 pm Rex AVGS Filtered is probably one of the best indicators for 2023! :thumbup:

Mrtools teachers may consider adding a Donchian channel to smoothed repulse. See if this combination surprises us ?

The merit is immeasurable!
Added the donchian channel as an option, finding it not much different than floating levels.
These users thanked the author mrtools for the post (total 3):
kvak, 太虚一毫, vvFish

Re: Various (Specialist) indicators for MT4

1058 by mrtools
Absolute Strength Difference indicator with MA Filters + Stochastic, RSI & ADX Calculation

This is an absolute strength difference averages zero based histogram. The difference is based on the difference between the smoothed bears and the smoothed bulls. Histogram has auto width capability. Absolute strength can be based on Rsi calculations, Stochastic calculations, or Adx calculations
These users thanked the author mrtools for the post (total 11):
太虚一毫, Jimmy, Chickenspicy, boytoy, Gethsemane, josi, kvak, RodrigoRT7, vvFish, unimatrix, talaate

Re: Various (Specialist) indicators for MT4

1059 by 太虚一毫
mrtools wrote: Mon May 22, 2023 9:54 am This is an absolute strength difference averages zero based histogram. The difference is based on the difference between the smoothed bears and the smoothed bulls. Histogram has auto width capability. Absolute strength can be based on Rsi calculations, Stochastic calculations, or Adx calculations
Image
Very good! :thumbup:
Expect the Add button. (Adding MTF is better)
The merit is immeasurable!

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