So it seems that anything that can reflect trend and oscillates between 0 to 1 (or can be normalized to fit that range) can be used as an gain factor for constructing corrected average. This version is using the RSI indicator to calculate the gain for cma. PS: For the settings used on the Daily Down...

Fast EMA Hull is another fine creation by Mladen. This is a corrected version of that with some more options.

greetings all, I just want to ask... is there an indicator that measures the length of the latest closed candle using the average ATR value of a certain period number of days? for example: the average ATR value for the EURUSD pair for 5 days is 0.0060 or 60 pips... now, what the indicator does is t...

Don't know if something like this exist already but had an idea to build a stochastic based on two different stochastic (fast & slow). Calculation is very simple, it is just calculating the mean of both. Because of this type of calculation method it tends to give extreme level signals when the b...

som3nam3 wrote: Thu Dec 10, 2020 6:59 pm

Thanks for the nice indicator! Maybe MrTools or yourself (if you know how to do it) can add divergence + alert to it? Would be nice!

Currently away from laptop. Can give a try maybe when I return.
Of course Mr.tools can do it more easily and efficiently.

JAMIL wrote: Sat Dec 12, 2020 2:07 am hello Mrtools
could you please add arrow when the MA line change color on slope . if possible also try on arrow should be on candle, not placing on the line .

Regards
JAMIL

Will try adding arrows and hopefully share tomorrow as right now I am not near my laptop.

Darks wrote: Sat Dec 12, 2020 3:39 pm

Will try adding arrows and hopefully share tomorrow as right now I am not near my laptop.

Try this.

I remembered seeing an indicator named something like "inverse bands" on a forum. I couldn't find the indicator again as I searched but liked the idea the name was suggesting. So decided to build an indicator on that idea. The usage could be to identify trend and range or breakouts but sho...

As far as the code is concerned it's not same but the idea seems to be similar. As seen in the pic it looks quite identical. Hello Darks, Thanks for the interesting indicators you share here, I really appreciate your efforts. Can you confirm that this "inverse bands" indicator is the same ...

Zyzel wrote: Mon Dec 14, 2020 5:24 am

Hi Darks,

Thanks for sharing your indicator.

Can you share your settings/parameters for your M5 indicator? Again, thanks in advance!

-Zyzel

I believe it's default. Don't remember changing anything.