Re: Trend Indicators for MT5

61
ALPHATREND HISTO MTF WITH VWAP

Source Code:
https://www.tradingview.com/script/o50NYLAZ-AlphaTrend/

Code has been optimized and rewritten from scratch, adding MTF, VWAP filter for better alignment with volumes and Alerts.

Enjoy,
+C+

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"I conjure from shadows and shape fortunes from the unseen. The treasure lies hidden in plain sight, beneath the sunlight." - Cagliostro




Re: Trend Indicators for MT5

66
Trend Intensity Index on Inverse Fisher Transfor

M.H. Pee developed the Trend intensity index (TII) indicator to measure the strength of a trend in the market.
It helps to determine how strong the current trend is.
The stronger the trend, the higher the chance the price may continue moving in the current direction.

It can use the default MAs as a smoothing filter, and there is the option to apply Inverse Fisher Transform to the signal, as you can see in the picture (same settings, above no IFT/below IFT).
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Re: Trend Indicators for MT5

68
AlgoAlex811 wrote: Sat Feb 01, 2025 10:08 pm Optimized Trend Tracker (mt5)
mrtools wrote: Sun Feb 02, 2025 9:55 am Optimized Trend Tracker (mt4)
Thinks this beats,
Half Trend
Alpha Trend
Super Trend
Follow the Line,
Kijun Sen,
New top 10?
G Channel & Step Nema rival? 🥁
I mean, results probably wouldn't be that drastically different though
Guess ya can’t win em all and wouldn't need it anyways
PRESUMPTION creates hell

Re: Trend Indicators for MT5

69
lukgoku wrote: Thu Mar 27, 2025 7:06 pm Hi Mrtools, this indicator deserves the top 10 nrp indicators, maybe even the top 5. Would it be possible to have it in MT5 version? I saw that you had already done an appreciable conversion, but if it were possible to integrate arrows and rma it would be great.

Thanks
Hello, got this much so far!
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