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CodeRe: Adaptive Indicators for MT4

671 by mrtools
Intrest 1 wrote: Sat May 10, 2025 5:41 pm Yes
Smoothed RoC (Rate Of Change) EMA using Kaufman Efficiency Ratio

Made this one.

What is the S-RoC indicator?

The S-RoC is a on-chart, Smoothed Momentum which is used like a Moving Average for trading.

This new version is a (subwindow) hybrid Rate Of Change indicator which now acts as both a momentum tool and a trend direction signaling indicator.

This version now uses the Kaufman's Efficiency Ratio within it's calculations to make this indicator Adaptive and includes options to display color change on Slope or the Zero Line cross.
These users thanked the author mrtools for the post (total 10):
RodrigoRT7, Intrest 1, vvFish, Krunal Gajjar, Jimmy, lukgoku, Akela, macd & rsi, alexm, talaate

Re: Adaptive Indicators for MT4

673 by mrtools
Adaptive Ergodic CCI

This is an adaptive ergodic cci using an Efficiency Ratio EMA.

What is the Ergodic indicator?

In the realm of trading, the Ergodic Oscillator, formally known as the SMI Ergodic Oscillator, serves as a momentum oscillator designed to assess the strength of market trends and detect possible trend reversals. Developed by William Blau, the Ergodic oscillator integrates the Signal Line (Ergodic) with the True Strength Index (TSI) to deliver an in-depth perspective on market momentum.

An unconventional, yet useful approach to using the Ergodic indicator involves employing it as a qualifier (signal line) for the CCI. When the Ergodic indicator is overlaid on the CCI as a signal line, it effectively validates the extreme trades indicated by the CCI.

For additional reading and indicator(s), please take a look at this post, here: Ergodic CCI.
These users thanked the author mrtools for the post (total 6):
Jimmy, talaate, Asante, Sutatong, macd & rsi, RodrigoRT7


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