Re: Trend Indicators for MT4

1781
ionone wrote: Sat Jan 18, 2025 11:53 pm is that what you wanted ?
screenshot.796.jpg
Jeff
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

1782
SEC7 wrote: Sat Feb 22, 2025 12:29 pm Trend Correlation Strength (TCS) Indicator

Introducing the Trend Correlation Strength (TCS) Indicator
Hi SEC7,
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!
These users thanked the author Cazz223 for the post (total 2):
specialkey, boytoy

Re: Trend Indicators for MT4

1784
Cazz223 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?
:razz:
Trend Correlation Strength (TCS) Indicator with Jurik instead of EMA

Hello, changed the ema smoothing to Jurik smoothing.
These users thanked the author mrtools for the post (total 4):
specialkey, Cazz223, boytoy, Krunal Gajjar


Re: Trend Indicators for MT4

1788
Cazz223 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.
:razz: eyes only see the bright side, lol.
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.
These users thanked the author mrtools for the post (total 6):
RodrigoRT7, Cazz223, Jimmy, Akela, macd & rsi, Krunal Gajjar

Re: Trend Indicators for MT4

1789
mrtools wrote: Tue May 27, 2025 12:27 am Hello, try now at the original post.
At 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
These users thanked the author boytoy for the post (total 2):
mrtools, RodrigoRT7

LikeRe: Trend Indicators for MT4

1790
mrtools 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.
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 you

download/file.php?id=3514878