Averages Channel Candles (based off GRaB Candles)

Apologies if this is a repost but here is the Averages Channel by Mladen (posted by Mrtools) which includes colored candles and price channel.

The great thing about this tool by Mladen is that it brings back memories of an old trading strategy for me. I actually first started using this type of trend trading strategy many years ago as a newbie in the Forex game. A friend introduced me a technique called the "34 EMA Wave" by Raghee Horner. And that began my journey and research into Raghee Horner's books and trading techniques.

Back in the day, before this tool by Mladen was made, we would use three Exponential Moving Averages set to "34" and set those moving averages to:

• "High"
• "Low"
• "Close"

But with this tool by Mladen this strategy is rolled into one neat package including alerts plus more. Something I would have loved to have many years ago.

The 34 EMA Wave (channel) was and still is a very useful trading strategy and it taught me a lot about technicals, entries and even allowed me to counter-trade pullbacks when price ventured too far away from the "wave".

If anyone is looking to master trend trading I recommend downloading this indicator, applying it to your charts, and looking up Raghee Horner and her 34 EMA wave strategy. She's got a lot of very helpful info for beginners on her YouTube page as well.

For more 34 EMA Wave indicators, be sure to see here: Self-adjusting GRaB Candles for MT4 and Raghee Horner's books set.

Tim Morris Moving Average

The Tim Morris moving average system was created in 2004 by Tim Morris. It is often known as the "TMMA" and traders use this system for scalping and short term trades.

Upon backtesting it certainly seems to produce good signals for scalping in the M15 charts especially if you're taking trades in conjunction with the higher timeframe trends but it still lags behind the superior Jurik Smoothing algorithm.

Histogram and chart versions are below and have been fixed for MT4 1090.

This is jurik trend strength made user friendly and added mtf.

Trend Quality Q1 directional indicator averages
One more Trend variation of Mladen's experimenting curiosity
Mladen : Here is Q1made using averages too
with 29 types of Averages - 20 types prices - noise handling capability - levels and more including mtf interpolated

Trend Quality Q1 directional indicator - averages floating
Extended with Floating levels - 30 types Averaging methods - 20 prices - interpolated mtf and rest is included too

Trend Quality Q1 directional indicator - averages floating 2
Upgraded with adding double smoothing feature

Trend Quality B1 directional indicator averages
Mladen : Here is Trend quality B1 version that can use 29 types of Averages - 20 types prices - 3 state levels and interpolated mtf and much more too

Jurik Trend mtf alerts nmc
I dont remember if this version of jurik trend already posted some where but posting it here
level factor and level bar feature is especially invented by our kind experts,experimenting recommended

Jurik Trend envelopes mtf alerts
An other pretty variation of kind experts including double smoothed option,can be adjusted in various forms,almost shift -
alerts - interpolated mtf too ---------- bb stop style

JurikTrend envelopes mtf alerts nmc
The only difference comparing to the posted above,this version with out double smoothing,rest every feature is same