Apologies for coming back to this now, but is it possible to add arrows to the type 2 as well? just when any of the lines hit the overbought/oversold zones, it doesn´t even need to be an arrow just a dot in the overbought/overbought zone whenever it is touched and ideally it would stay there regardless of recalculation, it should work with the 0 candle just as with type 1.
Re: Trend Indicators for MT4
1782Hi SEC7,SEC7 wrote: Sat Feb 22, 2025 12:29 pm Trend Correlation Strength (TCS) Indicator
Introducing the Trend Correlation Strength (TCS) Indicator
This is a piece of gem.
It seems that with a little aid from a base MA, such as Jurik filter, success rate (by avoiding losses) can go even higher up.
Avoiding news impacts (red triangles in the snap-shot) will further double up profitability (avoiding negative surprises).
Big thanks to Mr. Tools for his courtesy of adding in ema smoothing.
I wonder if Jurik smoothing would add wings to this indicator.
Cheers!
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Re: Trend Indicators for MT4
1783
Hi Mr.Tools,
Do you think it's possible perhaps using Jurik method to make TCS indicator even more hugging?

Do you think it's possible perhaps using Jurik method to make TCS indicator even more hugging?

Re: Trend Indicators for MT4
1784Trend Correlation Strength (TCS) Indicator with Jurik instead of EMACazz223 wrote: Mon May 26, 2025 4:23 pm Hi Mr.Tools,
Do you think it's possible perhaps using Jurik method to make TCS indicator even more hugging?
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Hello, changed the ema smoothing to Jurik smoothing.
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Re: Trend Indicators for MT4
1785Levels are stuck to dark gray could you let us change it as this is a fine indicator upgrade by both thanks!
Re: Trend Indicators for MT4
1786Great thanks Mr Tools.
Couldn't wait to test it out.
First impression, Jurik iteration is faster by 3~5 bars.
For profitable trades, it could well mean 10~20 more pips in the bag for M15 TF.
eyes only see the bright side, lol.
Couldn't wait to test it out.
First impression, Jurik iteration is faster by 3~5 bars.
For profitable trades, it could well mean 10~20 more pips in the bag for M15 TF.

Re: Trend Indicators for MT4
1787Hello, try now at the original post.boytoy wrote: Mon May 26, 2025 11:11 pm Levels are stuck to dark gray could you let us change it as this is a fine indicator upgrade by both thanks!
Re: Trend Indicators for MT4
1788Trend Correlation Strength (TCS) Indicator with Jurik instead of EMA + Correlation optionsCazz223 wrote: Mon May 26, 2025 11:30 pm Great thanks Mr Tools.
Couldn't wait to test it out.
First impression, Jurik iteration is faster by 3~5 bars.
For profitable trades, it could well mean 10~20 more pips in the bag for M15 TF.
eyes only see the bright side, lol.
Hello, made a slight change the last version uses Pearson correlation, on this version you can choose between Pearson or Spearman correlations.
PS: For those who are new to this indicator, please see SEC7's post, here: Trend Correlation Strength Indicator for MT4.
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Re: Trend Indicators for MT4
1789At times i just wanna give you a huge hug for all these upgrades/customizations new indi's you make... you just have no idea how much you mean to common folk like me... have you always been a mathematician? or was it something you started being interested in later on
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Re: Trend Indicators for MT4
1790
Hi Mr.Tools, I would like to ask you if you would add arrows when changing the color indicator to this great indicator, so that an arrow in the indicator color would appear on the chart. Thank youmrtools wrote: Tue May 27, 2025 12:55 am Trend Correlation Strength (TCS) Indicator with Jurik instead of EMA + Correlation options
Hello, made a slight change the last version uses Pearson correlation, on this version you can choose between Pearson or Spearman correlations.
PS: For those who are new to this indicator, please see SEC7's post, here: Trend Correlation Strength Indicator for MT4.
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