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Re: Trend Indicators for MT4
Posted: Thu Nov 30, 2023 12:31 am
by TEAMTRADER
I had downloaded this indi thinking it was an auto trendline indi that operated on the OPEN (not high/low) price but it seems to work on the H/L only.
It appears to be a good indicator but could it be easily adapted to get it to draw under and over the OPEN prices?
Thanks if it can be done easily.
TEAMTRADER
Re: Trend Indicators
Posted: Sun Dec 17, 2023 2:10 pm
by Steam1
mntiwana wrote: Sun Jun 04, 2017 10:41 pm
Phase change index - averages smoothed 1.1
In this version of Phase change Index Averages - filter added - the rest is same to previous averages ver but the filter did a good job more in precise way
thanks to experts
Hi Mrtools, Possible to add MTF and update price options , please
Thanks Steam1
Re: Trend Indicators for MT4
Posted: Sun Dec 17, 2023 2:28 pm
by stond
kvak wrote: Wed Nov 29, 2023 7:19 am
Little upgraded version of PTL with header.
Kvak, make it EA and we will all be very, very rich

Seriously
stond
Re: Trend Indicators
Posted: Sun Dec 17, 2023 3:30 pm
by mrtools
Steam1 wrote: Sun Dec 17, 2023 2:10 pm
Hi Mrtools, Possible to add MTF and update price options , please
Thanks Steam1
Don't think I ever had the code for that one.
Re: Trend Indicators
Posted: Tue Dec 19, 2023 7:45 am
by mrtools
pin12 wrote: Tue Dec 19, 2023 6:07 am
Thank you MrTools for the response, but unfortunately that version does not have the same values as the one I sent to be repaired. It looks different and the envelopes do not appear in 5 minutes, which should be used in the strategy...
post1295530071.html#p1295530071
Nadaraya-Watson estimator (Envelopes) with Regular & Standard Deviation Envelope options
Using envelope deviation instead of using a deviation of 3 it should be something like .03 for a m5 chart, anyway for those interested can use this version where it has a choice of either standard deviation envelopes or regular deviation envelopes, please be advised the Nadaraya-Watson estimator recalculates.
Re: Trend Indicators
Posted: Wed Dec 20, 2023 7:56 pm
by josi
mrtools wrote: Tue Dec 19, 2023 7:45 am
Thanks for your hard work, MrTools!
It's hard to find the right deviation...
Re: Trend Indicators
Posted: Thu Dec 21, 2023 12:20 am
by sal
josi wrote: Wed Dec 20, 2023 7:56 pm
Thanks for your hard work, MrTools!
It's hard to find the right deviation...
test
Re: Trend Indicators for MT4
Posted: Thu Dec 21, 2023 12:27 am
by sal
up trend starts
patterns as per snap
see how and where the 4 zigzag leg. position to entry
rsi and stoch must watch for high trend
Re: Trend Indicators
Posted: Thu Dec 21, 2023 1:08 am
by mrtools
josi wrote: Wed Dec 20, 2023 7:56 pm
Thanks for your hard work, MrTools!
It's hard to find the right deviation...
Yeah that's the hassle with regular envelopes for every different timeframe you need a different deviation, on the hourly sometimes use .35 or similar deviation also why the option to use regular standard deviation bands.
Re: Trend Indicators for MT4
Posted: Thu Dec 21, 2023 2:20 am
by dmnik