Posted a version here trend direction and forcerambo wrote: Sat Dec 03, 2022 10:10 am Hello Centaur, i tried finding an mq4l file, but nobody seem to have it :/
Could u do me favour and convert this MT5 indicator into MT4, it's a great confirmation & volume tool and i wanna test it on my mt4 algorithm
https://www.mql5.com/en/code/22976
Thanks!
Re: No Nonsense Forex - Indicators
133Thank you!
Also do u have a mt4 version of this SSL? i really like the fact that i can change the methods 'simple, smoothed, exponential, & linear weighed' on this indicator
and the SSL i currently have on mt4 doesn't allow me to do this.
Regards Rambo
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Re: No Nonsense Forex - Indicators
134Check here Gann indicatorsrambo wrote: Thu Dec 08, 2022 5:47 pm Thank you!
Also do u have a mt4 version of this SSL? i really like the fact that i can change the methods 'simple, smoothed, exponential, & linear weighed' on this indicator
and the SSL i currently have on mt4 doesn't allow me to do this.
Regards Rambo
Re: No Nonsense Forex - Indicators
136Hi Mrtools,
Could u add those extra MA types on Oscar MT4 that the MT5 version has please
Especially smoothed ma
I would appreciate it much
Regards
Rambo
Could u add those extra MA types on Oscar MT4 that the MT5 version has please
Especially smoothed ma
I would appreciate it much
Regards
Rambo
Re: No Nonsense Forex - Indicators
137Hi Mrtools, i dind't know how to tag you, so I was not sure if u was gonna see the previous post I made anytime soon.
So I thought I just respond to this conversation we had.
Re: No Nonsense Forex - Indicators
138Currency correlation shows it's free. I like making transactions easy.
I also have a correlation indicator which is also a sign converter, you need to understand what correlation is to use it.
I also have a correlation indicator which is also a sign converter, you need to understand what correlation is to use it.
Re: No Nonsense Forex - Indicators
139Adaptive Relative Strength Index (ARSI)
ARSI (Adaptive Relative Strength Index) is another useful indicator. It smooths the market noises and shows the market trends more clearly. To achieve the goals, the indicator filters out the market fluctuations (noises) by averaging the price values of the periods, over which it is calculated.
ARSI (Adaptive Relative Strength Index) is another useful indicator. It smooths the market noises and shows the market trends more clearly. To achieve the goals, the indicator filters out the market fluctuations (noises) by averaging the price values of the periods, over which it is calculated.
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Re: No Nonsense Forex - Indicators
140Strength Oscillator
Not knowing when a market will trend is the greatest problem for analyst.
Based on the idea that the trend component is stronger when price is father from fair value, and noise (sideways movement) is greater when price is near value, an oscillator can be created to show the strength of the trend component based on this concept.
As the trend increases, the average change in prices becomes larger relative to the high minus the low range for the day.
During an unusual period, when the market gaps open, it would be possible for the difference in prices to become larger than the daily range.
In a sideways market both the change in the prices and daily range will get smaller, but the net price change over a period should be close to zero.
Zero line cross indicator perfect as a C1 or C2 or perhaps and exit indicator.
The oscillator can be smoothed by increasing the signal period, however this introduces some minimal lag in the signal.
An alternative way would be to smooth the output of the indicator with a least squares moving average of about 8 periods.
Not knowing when a market will trend is the greatest problem for analyst.
Based on the idea that the trend component is stronger when price is father from fair value, and noise (sideways movement) is greater when price is near value, an oscillator can be created to show the strength of the trend component based on this concept.
As the trend increases, the average change in prices becomes larger relative to the high minus the low range for the day.
During an unusual period, when the market gaps open, it would be possible for the difference in prices to become larger than the daily range.
In a sideways market both the change in the prices and daily range will get smaller, but the net price change over a period should be close to zero.
Zero line cross indicator perfect as a C1 or C2 or perhaps and exit indicator.
The oscillator can be smoothed by increasing the signal period, however this introduces some minimal lag in the signal.
An alternative way would be to smooth the output of the indicator with a least squares moving average of about 8 periods.
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If you enjoy my work please hit the like button, to show some support.
All comments, criticism, advise or general ideas are more than welcome. In fact its crucial to have a continues learning / developing mechanism not just for me but all fellow market enthusiasts.
Bàn rénmǎzuò
If you enjoy my work please hit the like button, to show some support.
All comments, criticism, advise or general ideas are more than welcome. In fact its crucial to have a continues learning / developing mechanism not just for me but all fellow market enthusiasts.
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