Re: Ehlers Indicators for MT4
711
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- 太虚一毫, RodrigoRT7
Re: Ehlers Indicators for MT4
712Ehlers Elegant Oscillator using Trend Strength calculation
This is Ehlers Elegant Oscillator using a trend strength calculation, not really sure how useful it is yet though, but maybe worth testing.
What is the Trend Strength algorithm?
Mladen's "Trend Strength" algorithm is used to determine certain changes within an oscillator's reading and plotted and colored behind the main indicator's line as a secondary filter to help distinguish and plot entry points.
In most cases, the "trend strength" is calculated using a smoothed RSI but can be coded to be based off the primary indicator's readings.
This is Ehlers Elegant Oscillator using a trend strength calculation, not really sure how useful it is yet though, but maybe worth testing.
What is the Trend Strength algorithm?
Mladen's "Trend Strength" algorithm is used to determine certain changes within an oscillator's reading and plotted and colored behind the main indicator's line as a secondary filter to help distinguish and plot entry points.
In most cases, the "trend strength" is calculated using a smoothed RSI but can be coded to be based off the primary indicator's readings.
Re: Ehlers Indicators for MT4
713You can clearly see that the indicator is really cool! Could you include the MTF and of course the Reg MAs (kkkk) please, Mr Tools?mrtools wrote: Mon Jan 15, 2024 3:10 pm Ehlers Elegant Oscillator using Trend Strength calculation
This is Ehlers Elegant Oscillator using a trend strength calculation, not really sure how useful it is yet though, but maybe worth testing.
What is the Trend Strength algorithm?
Mladen's "Trend Strength" algorithm is used to determine certain changes within an oscillator's reading and plotted and colored behind the main indicator's line as a secondary filter to help distinguish and plot entry points.
In most cases, the "trend strength" is calculated using a smoothed RSI but can be coded to be based off the primary indicator's readings.
Ehlers plus Reg Ma = big one
Attachments
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Re: Ehlers Indicators for MT4
714Added mtf and the regularized ma's.RodrigoRT7 wrote: Thu Jan 18, 2024 12:24 pm You can clearly see that the indicator is really cool! Could you include the MTF and of course the Reg MAs (kkkk) please, Mr Tools?
Ehlers plus Reg Ma = big one
Re: Ehlers Indicators for MT4
715
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"Only the price on the chart can show the entrance to the deal..."
Re: Ehlers Indicators for MT4
716Hi Kvak, how are you? Can I suggest one more change to this indicator?kvak wrote: Sun Dec 24, 2023 8:39 am Maybe before Mrtools makes his version, you may test this version.
I was tempted to do it
Marry Christmas to you,...
Marry Christmas to all.....
Can you include the beloved reg ma + lambda in it?
he has a super good % on us500.
big tks!!!
Re: Ehlers Indicators for MT4
717Ehlers Early Onset with Regularized Moving Averages, Lambda Coefficient & Price OptionsRodrigoRT7 wrote: Mon Jan 22, 2024 10:58 am Hi Kvak, how are you? Can I suggest one more change to this indicator?
Can you include the beloved reg ma + lambda in it?
he has a super good % on us500.
big tks!!!
I update code with regularized MAs with lambda coeff. Also updated price option.
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Re: Ehlers Indicators for MT4
718Looks like fun!kvak wrote: Tue Jan 23, 2024 2:28 am I update code with regularized MAs with lambda coeff. Also updated price option.
The merit is immeasurable!
Re: Ehlers Indicators for MT4
719Looking forward to the teacher adding BT. The merit is immeasurable!kvak wrote: Tue Jan 23, 2024 2:28 am I update code with regularized MAs with lambda coeff. Also updated price option.
Re: Ehlers Indicators for MT4
720Ehlers Early Onset with Regularized Moving Averages, Lambda Coefficient, Price Options & On/Off Toggle Button太虚一毫 wrote: Tue Jan 23, 2024 3:07 am Looking forward to the teacher adding BT. The merit is immeasurable!
Added button.
PS: For new traders looking for information on Regularized Moving Averages + Lambda, please see: What are Regularized Moving Averages?
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