Re: Ehlers Indicators for MT4

871
mrtools wrote: Thu May 01, 2025 3:08 am Hello, added the full price options.
Hello mrtools
Would it be possible to add another option to the 'Color Change On:' setting—specifically, to trigger color changes based on histogram color changes, in addition to the existing options of zero-line crossings and slope changes? Accordingly, the alerts and arrows should also respond to this new condition.
many thanks


Re: Ehlers Indicators for MT4

872
talaate wrote: Sun May 18, 2025 6:59 am Hello mrtools
Would it be possible to add another option to the 'Color Change On:' setting—specifically, to trigger color changes based on histogram color changes, in addition to the existing options of zero-line crossings and slope changes? Accordingly, the alerts and arrows should also respond to this new condition.
many thanks
Hello, the histogram color changes are completely separate from the lines slope or zero cross change settings, would have to add a separate function for the histogram arrows and alerts.


Re: Ehlers Indicators for MT4

877
mrtools wrote: Fri May 26, 2023 9:01 am Less Laggy MAMA Mesa Adaptive Moving Average using FAMA (Following Adaptive MA)

From Mladen:

Usually MESA Adaptive Moving Average (MAMA) is displayed on chart as two values. That sometimes is misleading since it is not often explained what are the traders actually looking at then.

The second value displayed on chart is what John Ehlers calls "a Following Adaptive Moving Average (FAMA)", and this indicator uses the combined values of MAMA and FAMA to assess the trend of the market.

It's an oldie but trying to modernize it a bit. This version is using a less lagging smoothing feature built in was done by Mladen a long time ago, I just kind of updated it adding filling, candles, shadow lines and a button.

For additional information on the Mesa Adaptive MA & a PDF please see: Mesa Adaptive Moving Average.
Hello, are you able to add time filter. I am currently using this for Nas100. and would be highly grateful if only the alerts can be triggered during US market open. Thanks in advance.

Re: Ehlers Indicators for MT4

878
kvak wrote: Thu May 11, 2023 7:52 am Request file, adding average pack for price smoothing....
Hello, dear kvak.

I appreciate the many indicators you have created, they have always helped me.
I am now considering using eft as an entry sign.
The indicator you created has many great options, such as average packs, lines, arrows, and zones.
Right now, this indicator displays arrows at zero crossings, but would it be possible to add an arrow display by changing the color of the histogram?

Thank you for your consideration.

Re: Ehlers Indicators for MT4

879
Banzai wrote: Thu May 15, 2025 6:29 am Cybernetic Oscillator

This script implements the Cybernetic Oscillator introduced by John F. Ehlers in his article "The Cybernetic Oscillator For More Flexibility, Making A Better Oscillator" from the June 2025 edition of the TASC Traders' Tips. It cascades two-pole highpass and lowpass filters, then scales the result by its root mean square (RMS) to create a flexible normalized oscillator that responds to a customizable frequency range for different trading styles.

Code: Select all

https://www.tradingview.com/script/QwMaFZTL-TASC-2025-06-Cybernetic-Oscillator/
MT4 converter: Banzai
Released date: May 14, 2025

Watch out for the divergences.

For MT5 version, please go here:
post1295565636.html#p1295565636

Added the simple strategy Ehlers is exploring in the article, but visualized through the indicator Banzia created for MT4 using colored wingdings on the 0-line. It is a buy only strategy, but this indie allows the user to select if sells should also be indicated based on the same settings and rules. Alternatively, one can drag it on the chart twice, 1 for buy only and 1 for sell only and optimize the periods independently.
These users thanked the author nwesterhuijs for the post (total 4):
Krunal Gajjar, RodrigoRT7, alexm, LIKE

Re: Ehlers Indicators for MT4

880
New indicator

converted from TS code
http://www.davenewberg.com/Trading/TS_Code/Ehlers_Indicators/Cycle_Period_Calculator.html

Code: Select all

{Cycle Period Measurement from Cybernetic Analysis for Stocks and Futures by John Ehlers - code compiled by dn}
Inputs: Price((H+L)/2), alpha(.07);
Vars: Smooth(0),Cycle(0),Q1(0),I1(0),DeltaPhase(0),MedianDelta(0),DC(0),InstPeriod(0),Period(0),I2(0),Q2(0);
Smooth = (Price + 2*Price[1] + 2*Price[2] + Price[3])/6;
Cycle = (1 - .5*alpha)*(1 - .5*alpha)*(Smooth - 2*Smooth[1] + Smooth[2]) + 2*(1-alpha)*Cycle[1] - (1 - alpha)*(1-alpha)*Cycle[2];
If currentbar < 7 then Cycle = (Price - 2*Price[1] + Price[2])/4;
Q1 = (.0962*Cycle + .5769*Cycle[2] - .5769*Cycle[4] - .0962*Cycle[6])*(.5+.08*InstPeriod[1]);
I1 = Cycle[3];
If Q1 <> 0 and Q1[1] <> 0 then DeltaPhase = (I1/Q1 - I1[1]/Q1[1]) / (1 + I1*I1[1]/(Q1*Q1[1]));
If DeltaPhase < 0.1 then DeltaPhase = 0.1;
If DeltaPhase > 1.1 then DeltaPhase = 1.1;
MedianDelta = Median(DeltaPhase,5);
If MedianDelta = 0 then DC = 15 else DC = 6.28318 / MedianDelta + .5;
InstPeriod = .33*DC + .67*Instperiod[1];
Period = .15*InstPeriod + .85*Period[1];
Plot1 (Period,"Period",blue);
{This indicator allows the cycle measurement to be determined in very few bars.
It sums the cycle phases until it reaches 360 degrees - a full circle.
The lag in measuring the Dominant Cycle Period is about 8 bars.}


supposedly measure the cycles periods
These users thanked the author ionone for the post (total 7):
ChuChu Rocket, Eis, mrtools, RodrigoRT7, FXchaos, boytoy, Jimmy
Scalping the Century TimeFrame since 1999