Jimmy wrote: Thu May 15, 2025 7:38 pm
I feel this is a really important indicator for MT5 traders, thank you Mrtools.
The VHF filter picks up well on
volatile pairs. The settings I like with volatile pairs are all default but change:
- T3 Calculation Mode:
False
- Lookback period for Levels:
500
Just made a minor update or guess should call it a correction, on the T3 calculation mode meant to make it a dropdown to choose the mode, had mistakenly left it as a Boolean. It is basically the same but, on the dropdown, it will explain what type of T3 in a more user-friendly way. Anyway, posted the updated version at the original post.
ps) if using T3 Calculation mode = false it will be the faster Fulks/Matulich way of calculation, otherwise it will be the Tim Tillson way of calculation.