Intrest 1 wrote:Thu Feb 01, 2018 12:17 am.

This indicator looks repainting......

MWA Multi Wave Analysis for MT4

Idea that have led in developing this indicator is to try to distinguish Waves of different Amplitude and Period.

Simplified, Moving Average (MA) with a Larger period is the baseline for a Shorter period Moving Average (MA)
Shorter period Moving Average (MA), fluctuated around a Longer period Moving Average (MA)

Unlike Moving Average (MA), which followed the closing price, WMA predict price trends, and indicate, the deviation from the defined wave.

WMA can reach a value Higher than the maximum closing Price for that period, the reason, the Price moves below the short-wave, the Moving Average (MA) continue to grow, but due to changes in Market conditions, Momentum, Inertia, or the Fundamental data, Price did not continue its growth.

As a basis, suggest the ordinary 200 period MVA, then we deduct MWA 200 from the closing price, now we Calculate 100 period MVA of Residual,
Again, deduct MVA 100 from Residual.

Procedure must be repeated for 50, 25, 12 and 6 period.

You can use all MWA components simultaneously, one pair, or only one component as Wave Moving Average.

Advantages of these modified moving average is obvious, at least,
earlier detection of changes in Trend precise Support and Resistance definitions,

Signals :
Signal is generated if MWA with Lower period Growth / Fall Above / Below Higher period WMA.

Better results would be achieved if they could determine the exact period, the Cycle of each Wave.

bgrtz wrote:Sat Feb 10, 2018 11:02 pm

Are they repaints?

change the time frame and try

naveen wrote:Tue Feb 20, 2018 12:44 am

change the time frame and try

I asked that question at Saturday, when the market is closed... After market open I tried those indicators, and yes, those are repaint the last closed bar...

Modified 123_V6.1 indicator, more target levels instead of arrows and dots.

Hope that you will enjoy to use this indicator
Happy trading

Glitch index dots

One of Mladen's indicators
Very flexible to form any trading set up - almost 2 step levels - 2 level arrows with unique ID and more included
request for 33 prices and 8 methods - currently it using close price with sma as per my little knowing

mntiwana wrote:Mon Apr 16, 2018 5:28 am glitch index dots
One of Mladen's indicators
Very flexible to form any trading set up - almost 2 step levels - 2 level arrows with unique ID and more included
request for 33 prices and 8 methods - currently it using close price with sma as per my little knowing

What a strange indicator and the way to use it.

Krelian99 wrote:Tue Apr 17, 2018 8:14 pm

What a strange indicator and the way to use it.

Mladen posted a MT5 glitch so i think i should post one of his MT4 here

mntiwana wrote:Tue Apr 17, 2018 9:21 pm
Mladen posted a MT5 glitch so i think i should post one of his MT4 here

Anyway i can get it to work as i can't do the compile fix- jus blank subwindow?

Deez wrote:Tue Apr 17, 2018 10:05 pm

Anyway i can get it to work as i can't do the compile fix- jus blank subwindow?

Will see when back home at my PC