Search found 10 matches

Re: MT5 Band Indicators

Dear mrtool Mr. Bollinger, the developer of Bollinger Bands, created Bollinger Bands based on the misconception that stock prices and forex exchange rates are normally distributed. However, since stock prices and forex exchange rates are not normally distributed but power-law distribution, the assu...

Re: Precision Trend (histo)

mrtools wrote: Fri Mar 25, 2022 3:18 am I would say use buffer # 1 and 1 = up and 2 = down.
Hi Mrtools.
Yes, after a second thought base on the code itself, there needn't be 2 buffers. Just 1 buffer of 1-up, 0-down or like you suggested.
Could you give me a hand with this, it'll be such a great help?
best regards.

Precision Trend (histo)

Huge appreciation for Mladen for creating this indicator, yet the only one problem with it is it doesn't plot any buffers in the indicator window which causes the indicator unavailable for EA automation. Hope fellow coders here can help add one buffer of 1 & 0 for the bullish and bearish histogr...

Re: Volatility indicator idea needs a help with MQL4 coding

mrtools wrote: Sat Mar 19, 2022 4:58 am So you're looking for a ma of Kaufman efficiency ratio?
Hi Mrtools,
Perhaps I should've wrote more clearly, basically I just need an indicator of the Kaufman Efficiency Ratio with Averages already attached to it as parameter options.
Hope to have some help of your expertise.
Much thanks!

Volatility indicator idea needs a help with MQL4 coding

Hello compadres! Some of you might've already heard of the Kaufman Efficiency Ratio as it can be an effective filter for Reversal/Mean-Reversion trading. My idea of using the indicator is quite simple, I want to have a filter line that tells when market's volatility is above or below the trading obj...

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