mrtools wrote: Sun Jan 05, 2025 7:01 am Corrected Smoother Momentum (Adaptive EMA Deviation)

This is a corrected smoother momentum using an adaptive ema deviation for its correction values. Has all the usual coloring choices including correction value crossing smoother momentum values. Also using a donchian channel, not sure about that choice, but seems it might be okay.

PS: For those who are new to the Correcting Algorithm by Dr. Alexander Uhl, please see: What is the Corrected Moving Average?

mrtools wrote: Sun Jan 05, 2025 7:01 am Corrected Smoother Momentum (Adaptive EMA Deviation)
This is a corrected smoother momentum using an adaptive ema deviation for its correction values. Has all the usual coloring choices including correction value crossing smoother momentum values. Also using a donchian channel, not sure about that choice, but seems it might be okay.

Steam1 wrote: Mon Jan 06, 2025 7:52 am Hi Mrtools, If possible can you add filters for signal line
Regards
Steam1
P.S. MTF

mrtools wrote: Mon Jan 06, 2025 9:20 am Hello, for the color line?

Steam1 wrote: Mon Jan 06, 2025 10:15 am The grey line, if you can do both would be great

alpha24 wrote: Sun Jan 05, 2025 10:58 pm He Bro,
Your Background color looks good will you please tell me color code or post template?

kvak wrote: Mon Dec 30, 2024 7:05 am Momentum Variation (MOM crossing MA with color change on Momentum line cross + Signal Coloring Options)

In this version have menu to choose signal coloring logic.
Also is new menu for arrows/alerts based on slope of momentum histo and signal coloring.

Momentum Calculation types:

• Momentum
• Velocity
• Smoothed Momentum
• Smoothed Momentum EMA
• Smoothed Momentum FEMA (Fast EMA)
• Smoothed Momentum MA (SMA)
• Smoothed Momentum ER Adaptive (Efficiency Ratio)

horizon202 wrote: Sat Jan 25, 2025 5:14 pm Hello Kvak,

Can you add the button function to this indicator, the efficiency ratio is interesting. Thank you.

Jimmy wrote: Thu Dec 28, 2017 7:11 pm Fixed, try it now.
momentum - floating levels 1090 fix.mq4

Kayleb wrote: Tue Jan 28, 2025 4:28 am Hello Jimmy,

first of all, thank you for this fantastic indicator! It works perfectly, and I truly appreciate the effort you've put into developing it.

I have a small suggestion for an enhancement:
Could you add an option to use alternative smoothing methods, such as moving averages (from the All Average indi), alongside the current dynamic smoothing?
I believe this would make the indicator more versatile and better suited to different trading strategies.

Current Calculation:
Currently, smoothing is implemented as follows:
wrk[r][volty+s] = wrk[r-1][vsum+s] + (wrk[r][volty+s]-wrk[r-forBar][volty+s])*div;

Proposed Extension:
The idea is to introduce a selection option to choose between:
Dynamic smoothing (as it is now)
Moving averages (SMA, EMA, and all the others from the AllAverage indicator)

This would provide users with more control over the smoothing method, which could be useful in different market conditions.
Thank you in advance, and once again, kudos for your excellent work!

Best regards,
Kayleb