josi wrote: Fri Oct 23, 2020 5:42 pm
Sadly, I find neither the slope lines, nor do I have a histo differentiation (thick lines vs thin lines) any longer.

Not sure seems to be working for me.

Tried to build the corrected nema version for MT4 so it could use MT5 timeframes. Results are not matching the MT5 version on same settings as currently the method used for achieving the values is very crude. Still posting the result indicator. This version has more features actually all of feature...

You've really done a superb job with this one Darks. How long have you been coding for? :Shocked: This is an awesome indicator my friend, thank you so much. Basically since I started posting here. Before that I was building an algorithm in Excel, which I did and was all okay but then Excel has limi...

Rabi wrote: Mon Oct 26, 2020 8:52 am

Hi Guys not sure if this is the correct way to ask but can alert be added to this indicator thank you

Color change alerts added.

PS: For the Histogram version, please see this post: Volatility Quality Histogram for MT4.

josi wrote: Thu Oct 29, 2020 12:18 am
Remind me: which one exactly are we talking about?

viewtopic.php?f=579496&t=8413428&start=1460
The RSx - the latest version is as updated in the link above but all the RSx indicators do the same job.
TEAMTRADER

Sorry to be such a dumbass - I am not talking about any arrows but about the black spots (see black spots in gray boxes) It is where the indicator 'changes its mind'. The change from one direction to another but at the last few seconds it re-changes back. The change in colour signifies these areas....

I compared the signals of the rsima to 2 Stoch. It doesn't as far as I can see do any better - one could even argue it does - at times - a bit worse. But that can be tweaked, of course. Just saying... I too am a fan of stochs - but it rarely shows the sideways movement of the RSx. I've put two sets...

interesting, thanks! Even more intersting - to me - are your indicators' inputs. Stoch: 144, 5, 2 and 39.5,3 - where did this come from? RSIMA: 43, 34? The numbers look pretty random and one wonders what exactly they want to emulate. Wouldn't it be a much better idea to use the 2nd one to emulate a...

When I had finished the post above I took this screengrab just to prove to myself that the double BB is clearer to me.
This would have been an easy trade for 10 points.
TEAMTRADER

Did a quick experiment with step averages. Average true range has been commonly used in a lot of indicators to filter out signals. In this version some other volatility metrics are tried out with ATR. So it has four step models as below:- Model 1 is simply using ATR. Model 2 is using ATR scaled by S...