Hello folks, this is one of the best trend indicators I have used.
Can someone be kind enough to add a choice of arrows and vertical lines at trend change.
The vertical lines are great when used on HTF selection for trend and then the arrows used on CTF make an effective combination.
Unfortunately I dont have the mq4 file/code.
Many thanks
Kind regards
Re: Adaptive Indicators for MT4
622Removed the button.CKLMLL95 wrote: Thu Jun 27, 2024 11:28 am MrTools,
Can I ask you for one more thing? Can I get one without a button? That will do the same thing. I can load (2) without a button and one with so I can toggle one of the time frames on and off. I can't thank you enough, you and the other leaders of this forum really are the best.
CKLMLL95
Re: Adaptive Indicators for MT4
624
Adaptive Efficiency Ratio Regularized EMA
This is kind of different and turned out somewhat better than expected. This is an adaptive efficiency ratio Regularized EMA.
About the efficiency ratio explained by Mladen Rakic:
Theory :
The Efficiency Ratio (ER) was invented by Perry Kaufman as a measure of volatility and as a way of making some calculations adaptive. In his adaptive moving average he uses 3 periods for calculation which makes it a bit "cryptic" and, by all means, not so simple to use. This version is simplifying the whole thing without an intention to clone the KAMA (Kaufman Adaptive Moving Average) indicator - but with an intention to use the efficiency ratio for adapting the average calculations and to use only two parameters for that :
It can be used as any other moving average type indicator
Instead of an exponential moving average, this version is using the regularized ema.
PS: The standard EMA version for MT4 can be found here.
This is kind of different and turned out somewhat better than expected. This is an adaptive efficiency ratio Regularized EMA.
About the efficiency ratio explained by Mladen Rakic:
Theory :
The Efficiency Ratio (ER) was invented by Perry Kaufman as a measure of volatility and as a way of making some calculations adaptive. In his adaptive moving average he uses 3 periods for calculation which makes it a bit "cryptic" and, by all means, not so simple to use. This version is simplifying the whole thing without an intention to clone the KAMA (Kaufman Adaptive Moving Average) indicator - but with an intention to use the efficiency ratio for adapting the average calculations and to use only two parameters for that :
- Period
- Price
- No other parameters needed
It can be used as any other moving average type indicator
Instead of an exponential moving average, this version is using the regularized ema.
PS: The standard EMA version for MT4 can be found here.
- These users thanked the author mrtools for the post (total 12):
- kvak, Cagliostro, Krunal Gajjar, RodrigoRT7, Jimmy, talaate, Mundu19, macd & rsi, 88FX88, alexm, Mickey Abi, Akela
Re: Adaptive Indicators for MT4
625MrTools,
As you can see, I like this indicator. One more request. Can you add an arrow for the cross of the lines? Also, where do I go to see all the options for arrows, dots etc. that can be used for this?
As always thanks.
CKLMLL95
Re: Adaptive Indicators for MT4
626Hello Mr Tools, how are you?mrtools wrote: Sat Jul 13, 2024 9:34 am Adaptive Efficiency Ratio Regularized EMA
This is kind of different and turned out somewhat better than expected. This is an adaptive efficiency ratio Regularized EMA.
About the efficiency ratio explained by Mladen Rakic:
Theory :
The Efficiency Ratio (ER) was invented by Perry Kaufman as a measure of volatility and as a way of making some calculations adaptive. In his adaptive moving average he uses 3 periods for calculation which makes it a bit "cryptic" and, by all means, not so simple to use. This version is simplifying the whole thing without an intention to clone the KAMA (Kaufman Adaptive Moving Average) indicator - but with an intention to use the efficiency ratio for adapting the average calculations and to use only two parameters for that :Usage :
- Period
- Price
- No other parameters needed
It can be used as any other moving average type indicator
Instead of an exponential moving average, this version is using the regularized ema.
PS: The standard EMA version for MT4 can be found here.
As I am a great supporter of Reg Ma, I remembered this one, which is excellent by the way.
Could you include All Time Frame or MTF please?
big tks in advance
Re: Adaptive Indicators for MT4
627Hello Rodrigo,RodrigoRT7 wrote: Thu Aug 22, 2024 8:10 am Hello Mr Tools, how are you?
As I am a great supporter of Reg Ma, I remembered this one, which is excellent by the way.
Could you include All Time Frame or MTF please?
big tks in advance
Added mtf, think I accidentally fixed the all tf Ehlers early onset, seems to be working ok.
- These users thanked the author mrtools for the post (total 7):
- RodrigoRT7, Jimmy, thomdel, Krunal Gajjar, alexm, kvak, vinuthbn84
Re: Adaptive Indicators for MT4
628Here is request based on Mladen's rsi of adaptive ema.
In this indicator are 4 averages ema, relative ma and its regularized versions.
Indicator have DSL levels with ema, fema and rma calculations.
MTF and alerts.
In this indicator are 4 averages ema, relative ma and its regularized versions.
Indicator have DSL levels with ema, fema and rma calculations.
MTF and alerts.
- These users thanked the author kvak for the post (total 4):
- Cagliostro, RodrigoRT7, Akela, Kayleb
Re: Adaptive Indicators for MT4
629Can we add a standard deviation channel to ma? thank you.kvak wrote: Thu Sep 12, 2024 6:07 am Here is request based on Mladen's rsi of adaptive ema.
In this indicator are 4 averages ema, relative ma and its regularized versions.
Indicator have DSL levels with ema, fema and rma calculations.
MTF and alerts.
Re: Adaptive Indicators for MT4
630Dear Mr. Tools, I am testing this and it's pretty good as complement (possible substitution of traditional EMAs for low TFs). As I want to use 3/4 EMAS on the chart, when you have time, would it be possible to have an histogram version of this?mrtools wrote: Thu Aug 22, 2024 11:26 am Hello Rodrigo,
Added mtf, think I accidentally fixed the all tf Ehlers early onset, seems to be working ok.
Thanks, happy weekend!
+C+
"I conjure from shadows and shape fortunes from the unseen. The treasure lies hidden in plain sight, beneath the sunlight." - Cagliostro
