Re: Trend Indicators for MT4

1731
mrtools wrote: Sun Feb 02, 2025 9:55 am Optimized Trend Tracker

Made this version, not sure how close to Alex's mt5 version though.

What exactly is the Optimized Trend Tracker code about?

The Optimized Trend Tracker is a modified Chande Momentum Oscillator (CMO) with a moving average-based trend filter.
  • The OTT period (length) is set to 9 (can be modified).
  • A percentage factor (percent) of 1.4% is used for threshold adjustments.
The Optimized Trend Tracker (OTT) serves as a trend-following indicator that modifies its functionality in response to the market's momentum (CMO) and fluctuations in price. It functions as a flexible stop-loss mechanism as well as a trend filter, producing buy and sell signals when prices breach OTT thresholds.

This tool assists traders in maintaining their positions within trends while minimizing the risk of false signals by adapting to price volatility in real time.

Other indicators to consider:

Hello Mr Tools !

Please ! I need the version button of this indicator

Thanks 🙏🏽


CodeRe: Trend Indicators for MT4

1734
RodrigoRT7 wrote: Sat Feb 01, 2025 4:44 am Hi Kvak, how are you?

As our friend Boytoy anticipated, Halftrend is very interesting.

therefore, you could include your avgs and RMAs?

If you can include those Efficiency Ratio RMA, plz.

I think everyone will like to see this classic indicator with variations of Avgs/Rmas.

tks so much, again!!!
Half Trend Slope with E-Averages (MA Filters) + Regularized Moving Averages & High/Low Channel adjustment

Hello, here is version for tests.
Added also option for different period for channel and H/L channel.

Note that with small periods the differences between the averages are not too big (unless you use a really slow average like ADXVMA, EOTF, OTT....)

Re: Trend Indicators for MT4

1735
kvak wrote: Tue Feb 04, 2025 5:14 am Hello, here is version for tests.
Added also option for different period for channel and H/L channel.

Note that with small periods the differences between the averages are not too big (unless you use a really slow average like ADXVMA, EOTF, OTT....)
Thank you very much Kvak!! As it is a classic indicator, I believe that forum members will be happy with this addition!

Some avgs do not actually change the signals, but some do, which will be very useful for me.

Thank you so much for this indicator :D
These users thanked the author RodrigoRT7 for the post (total 2):
kvak, Jimmy


Re: Trend Indicators for MT4

1737
kvak wrote: Tue Feb 04, 2025 5:14 am Half Trend Slope with E-Averages (MA Filters) + Regularized Moving Averages & High/Low Channel adjustment
RodrigoRT7 wrote: Tue Feb 04, 2025 8:17 am Thank you very much Kvak!! As it is a classic indicator, I believe that forum members will be happy with this addition!
Fabulous work you guys... the new additions are great and this is now and even BETTER indicator using default and RMA's "on"... are DCH channels "Donchian Channels"?
These users thanked the author boytoy for the post:
kvak

Re: Trend Indicators for MT4

1740
trader2000 wrote: Tue Feb 04, 2025 11:07 pm could you tell please what is this ?
The forum administration is joking. ZigZag = Stochastic. K 6, S 5, D 3.
I'm scratching my head myself.
Now the signals are linked to the levels. The levels are changed in the "levels" tab.
These users thanked the author andrei-1 for the post (total 2):
moey_dw, Kayleb