talaate wrote: Thu Dec 21, 2023 10:51 am
Dear mrtools
This one was made by mladen long time ago, he published the original code for the one without smoothing and the used smooth averages as well as alerts. Later on, the one with smoothing and used smooth average and filter was published but in ex4 format,
In fact, it was very good one but with alerts it is difficult to be followed.
I am giving the code of mladen without alerts, filter, smoothing and smooth averages, if you may able to add them to the given code it will be very helpful from you, and believe me it is really very profitable indicator if smoothing equals 14 with SMA average.
Many Thanks
Phase change index 1.1.mq4
Have you all seen this version by Mladen, pretty sure can do one for mt4 with the averages used for pre-smooth and final value smoothing and the filtering, just an idea can also add the goods to the one posted if you all prefer.
By Mladen:
P.H.Pee has created a few indicators. In the series of those created by him there is a phase change index too
This version deviates from the original though :
* it is inverted (the original shows values when the phase should change, and the is exactly the opposite of the trend)
* option to produce smoothed values added (which is probably what is needed more in the original version)
Usage : you can use the color changes as signals.