Hello, not able to add it to the averages. More than likely there are some correctly working mt4 versions in this thread.temporalmotif wrote: Wed Jun 18, 2025 7:49 pm @mrtools
Hope you well!
Are you able to add the ROC indicator average in the form of candles like all the other averages that can be selected in the indicator attached?
I have also added an example of the ROC in question.
For some reason the ROC indicator freezes when choosing Multi Timeframe mode.
If this can be converted and working on MT5 that would be fantastic (more timeframes)
Much appreciated.
Re: Velocity, Momentum & ROC Indicators for MT4
502@mrtools
Thanks for the insight.
Is there a MT5 version of this or are you able to convert to one?
Much much appreciation you legend.
Thanks for the insight.
Is there a MT5 version of this or are you able to convert to one?
Much much appreciation you legend.
Re: Velocity, Momentum & ROC Indicators for MT4
503Try here.temporalmotif wrote: Thu Jun 19, 2025 12:53 am @mrtools
Thanks for the insight.
Is there a MT5 version of this or are you able to convert to one?
Much much appreciation you legend.
Re: Velocity, Momentum & ROC Indicators for MT4
504Hopefully one of these hasn't been made, this is a synthetic smoothed momentum (Mladens smoothed version) with floating levels and alerts.
To those not familiar with Mladen's smoothed momentum this is his explanation:
For people using momentum:
Momentum is a very useful indicator. But probably the biggest problem it has is that it can create a lot of false signals simply because it is not smooth. This is one way how it can be solved without adding any lag at all (on the contrary: in some cases, it is faster than momentum). Here is a comparison: red is the smoothed momentum, blue is the regular momentum (same period, same price)
To those not familiar with Mladen's smoothed momentum this is his explanation:
For people using momentum:
Momentum is a very useful indicator. But probably the biggest problem it has is that it can create a lot of false signals simply because it is not smooth. This is one way how it can be solved without adding any lag at all (on the contrary: in some cases, it is faster than momentum). Here is a comparison: red is the smoothed momentum, blue is the regular momentum (same period, same price)
Re: Velocity, Momentum & ROC Indicators for MT4
505It performs very good. Any chance of mtf?mrtools wrote: Sat Jul 26, 2025 11:56 am Hopefully one of these hasn't been made, this is a synthetic smoothed momentum (Mladens smoothed version) with floating levels and alerts.
To those not familiar with Mladen's smoothed momentum this is his explanation:
For people using momentum:
Momentum is a very useful indicator. But probably the biggest problem it has is that it can create a lot of false signals simply because it is not smooth. This is one way how it can be solved without adding any lag at all (on the contrary: in some cases, it is faster than momentum). Here is a comparison: red is the smoothed momentum, blue is the regular momentum (same period, same price)
sm.gif
