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Re: Velocity, Momentum & ROC Indicators for MT4

Posted: Mon Dec 30, 2024 6:34 am
by kvak
alpha24 wrote: Mon Dec 30, 2024 6:10 am Thank you very much Kvak. its too good. just one problem Signal line changing on Zero cross but not changing color on momentum cross.
Hello, you want menu for signal cross zero/momentum line?
or you want momentum line change color on signal cross?

Re: Velocity, Momentum & ROC Indicators for MT4

Posted: Mon Dec 30, 2024 6:35 am
by alpha24
kvak wrote: Mon Dec 30, 2024 6:34 am Hello, you want menu for signal cross zero/momentum line?
or you want momentum line change color on signal cross?
signal cross zero and signal line change color on momentum cross.

Re: Velocity, Momentum & ROC Indicators for MT4

Posted: Mon Dec 30, 2024 6:37 am
by kvak
Momentum Stops

And one more experiment stops of momentum variations. Based on Mladen's smoother momentum stops.

Re: Velocity, Momentum & ROC Indicators for MT4

Posted: Mon Dec 30, 2024 7:05 am
by kvak
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)

Re: Velocity, Momentum & ROC Indicators for MT4

Posted: Mon Dec 30, 2024 7:21 am
by alpha24
Thank you Kvak,
it will help me in my trading strategy.
thank you very much.

Re: Velocity, Momentum & ROC Indicators for MT4

Posted: Sun Jan 05, 2025 7:01 am
by mrtools
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?

Re: Velocity, Momentum & ROC Indicators for MT4

Posted: Sun Jan 05, 2025 5:14 pm
by alpha24
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.

Re: Velocity, Momentum & ROC Indicators for MT4

Posted: Sun Jan 05, 2025 5:44 pm
by moey_dw
mrtools wrote: Sun Jan 05, 2025 7:01 am Corrected Smoother Momentum (Adaptive EMA Deviation)
EXCEPTIONALLY IMPRESSIVE INDICATOR

Re: Velocity, Momentum & ROC Indicators for MT4

Posted: Sun Jan 05, 2025 7:41 pm
by psychofx
alpha24 wrote: Sun Jan 05, 2025 5:14 pm Its Too good,
Thank you Sir.
Your setup looks really good what indicators are you using for your main chart and do you have a template you can share?

Re: Velocity, Momentum & ROC Indicators for MT4

Posted: Sun Jan 05, 2025 10:58 pm
by alpha24
moey_dw wrote: Sun Jan 05, 2025 5:44 pm EXCEPTIONALLY IMPRESSIVE INDICATOR
He Bro,
Your Background color looks good will you please tell me color code or post template?