very good idea - and very promising signals. I think - visually - it could be improved if you had different colours for (changing) slope, i. e. blue for up - signalling uptrend when below price red for down - signalling downtrend when above price Like this. PS: For the Inverse Bollinger Bands, plea...

Thank you very much, Darks! This is very nice. I would like to know if it's possible to base the inverse bollinger bands on other types of averages. If yes, can you please add the 30+ averages available in many other indicators here, such as averages - 9.4 (mtf + alerts + arrows + kelt + button).ex...

Hey, thanks for the share, I have copied this to my indicators folder but just can't seem to get it to list in MT4, i have Dl'ed another indicator to see if its a common issue and no problems there, any ideas? TIA There is a cache file (.dat) in indicators folder. Delete it and refresh your navigat...

@Josi @Darks, Thanks for your replies, there is no cache.dat file in my terminal folder and I dl'ed a different indicator and refreshed which showed up immediately so it seems its just this one for some reason, thought it might need a additional .DLL or something to work? Are you sure there is no &...

Published an indicator on code base and also sharing it here. Description : Clarity index is a purely volume based indicator which is constructed on basis of volume, range and positive/negative candle count. It reflects the strength of trend with respect to volume. Usage : You can use the zero line ...

Did a minor change in the formula but added it as an option. It produces slightly different results.

Hello Dark. Could you create a version ofthis indicator with the option to limit the number of candles that the indicator uses? Because when I apply the indicator or start metatrader it takes to long to for metatrader "unfreeze" but after the indicator is applied, metatrader runs smoothly...

Just a little experimental stuff. Here's a Random walk index indicator that is using absolute error instead of High low range to construct the index. The results are different but good or bad that would require testing. It produces some big spikes(maybe root squaring values can also prevent that) so...

RplusT wrote: Sun Jan 03, 2021 2:47 pm

Interesting work. Just curious, what's the meaning (or definition) of "absolute error"??

It's the absolute difference between the expected value of a time series and the actual value. Here price is the actual value and Sma is the expected value.

Had to try this combination. This one is combining two different Mladen indicators and applying Nema method to Volatility quality zero line.