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Re: No Nonsense Forex - Indicators

by: Centaur
Hi Centaur, Thanks for Alphatrend Mt5. Could you convert another popular Tradingview script as OTT to Mt5 ? https://www.tradingview.com/script/zVhoDQME/ Thanks. Had a look at several OTT versions and think I'll code this one: https://www.tradingview.com/script/5qkKOlVg-HIGH-and-LOW-Optimized-Trend-...

Re: No Nonsense Forex - Indicators

by: Centaur
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.

Re: No Nonsense Forex - Indicators

by: Centaur
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...

Re: No Nonsense Forex - Indicators

by: Centaur
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 | ...

Re: No Nonsense Forex - Indicators

by: Centaur
Optimizing the Smoothness and Accuracy of Moving Average for Price Data We cannot compare moving averages by period as a similarity measure. To solve this problem we introduce a new comparison measure – accuracy (acc). We define accuracy as the difference between current value and moving average va...

Re: No Nonsense Forex - Indicators

by: Centaur
If you have not seen already some info on the Jurik MA here; https://forex-station.com/viewtopic.php?t=8474345 I specifically have gone through these indicators, the problem is this: the original indi requires two inputs, the lookback period and the phase. Jurik uses a fairly mysterious volatility ...

Re: No Nonsense Forex - Indicators

by: Centaur
All in one Moving Average with ATR bands on price or on MA Busy with a very handy MA, trying to incorporate all known filters or MA's in one, this is what I have so far: //--- --------- //--- | Index | //--- --------- //--- SMA - Simple Moving Average //--- EMA - Exponential Moving Average //--- RM...