Re: Velocity, Momentum & ROC Indicators for MT4

464
alpha24 wrote: Mon Dec 30, 2024 6:35 am signal cross zero and signal line change color on momentum cross.
Momentum Variation (MOM crossing MA with color change on Momentum line cross + Signal Coloring Options)

In this version have menu to choose signal coloring logic.
Also is new menu for arrows/alerts based on slope of momentum histo and signal coloring.

Momentum Calculation types:
  • Momentum
  • Velocity
  • Smoothed Momentum
  • Smoothed Momentum EMA
  • Smoothed Momentum FEMA (Fast EMA)
  • Smoothed Momentum MA (SMA)
  • Smoothed Momentum ER Adaptive (Efficiency Ratio)
These users thanked the author kvak for the post (total 10):
alpha24, thomdel, Krunal Gajjar, Jimmy, FXSurf, talaate, RodrigoRT7, macd & rsi, rafl99, moey_dw


CodeRe: Velocity, Momentum & ROC Indicators for MT4

466
Corrected Smoother Momentum (Adaptive EMA Deviation)

This is a corrected smoother momentum using an adaptive ema deviation for its correction values. Has all the usual coloring choices including correction value crossing smoother momentum values. Also using a donchian channel, not sure about that choice, but seems it might be okay.

PS: For those who are new to the Correcting Algorithm by Dr. Alexander Uhl, please see: What is the Corrected Moving Average?
These users thanked the author mrtools for the post (total 14):
RodrigoRT7, kvak, Jimmy, talaate, alpha24, moey_dw, thomdel, Akela, Skyold, Steam1, unimatrix, Krunal Gajjar, 太虚一毫, trader2000

Re: Velocity, Momentum & ROC Indicators for MT4

467
mrtools wrote: Sun Jan 05, 2025 7:01 am This is a corrected smoother momentum using an adaptive ema deviation for its correction values. Has all the usual coloring choices including correction value crossing smoother momentum values. Also using a donchian channel, not sure about that choice, but seems it might be okay.
Its Too good,
Thank you Sir.
These users thanked the author alpha24 for the post (total 2):
Jimmy, mrtools
"The FORCE is more your friend than the trend. "