Just a gentle reminder… thanks again Dear mrtools… Could you please color the upper and lower bands based on slope similar to what you are doing for the middle line… thanks a lot Hi Daim2574, This is mainly Centaur's thread and really don't want to get in the way of the excellent work he is doing i...

xpf2003 wrote: Fri Nov 04, 2022 1:07 am How do you use this indicator?

As a trend trader I would suggest using it as a secondary confirmation indicator to confirm your entry indicator signal.
You only concentrate on the bottom line, if its blue you need to look at a long position if its red you need to look at a short position.

Thanks Centuar. Can you double check if buffers are updating correctly? I noticed that all buffers showed the same values even if the colour on the plots was changing. I think you have set all DTR buffers to a constant value and only updating the color indexes. The buffer values are of no use, valu...

Supertrend
Converted Tradingview Indicator: https://in.tradingview.com/script/r6dAP7yi/

Really interesting approach, I've also done some reading and they suggest using the function SymbolInfoSessionTrade, so I came up with the following function (seems to be working so far): //+------------------------------------------------------------------+ //| Function: Check if market is Open | ...

Found this post: viewtopic.php?f=579496&t=8474786

Kalman Filter could be. As far as my calcs go and some literature I've read, the Kalman Filter is an EMA on price series data. Can anyone confirm? If one take the error on measurement (error on price) factor in the Kalman calculations as the alpha in an EMA to get values ranging between 1 and zero,...

Thanks for the wonderful work as usual. I have a question - the filter you mentioned in the third paragraph, have you built that in your version of the indicator? If not, it could be a good idea to add that and expose a threshold value as a input. What do you think? My version was purely based on N...

Kaufman's Adaptive Moving Average (KAMA) - Original

Herewith the full KAMA as described by Kaufman, applying the suggested filter.

xpf2003 wrote: Wed Mar 06, 2024 3:21 am I have relooked at the formula used in the original indicator and a small modification I made while bringing it into the MT5 world.

The 95 standard-input sensitivity equals - more or less - line chart; using two makes it easy to see ranges...