Camisa, spot divergences with your own eyes, but never take them on still open bars. In steep trends the market stops shortly inside the open candle from time to time and sometimes it looks like a divergence but that was just a pause to take breath and the market continues the rally.

I know guys, but I really need to test something; mladen, áudio alerts on divergence arrows on current bar please???

mladen wrote: Thu May 18, 2017 4:34 pm Rana

Since that indicator actually looks interesting here is a version that does not repaint
It is a smoothed LWMA (done in a very similar way to Hull average, but it is not the same as Hull, so we can call it a smoothed LWMA)


smoothed lwma.png

It's interesting that it looks almost identical to DEMA / adaptive /smoothed from averages indi.

mades wrote: Thu May 18, 2017 9:46 pm It's interesting that it looks almost identical to DEMA / adaptive /smoothed from averages indi.

Yes, but it is very different too
Unlike the double smoothing, this type of "smoothing" is adding lag, but I thought that it would be OK to post it simply because the lag for the LWMA is not that significant (but the smoothing is lesser and lesser as the period is shorter and shorter). In any case it turned out to be an interesting indicator

It is, signals are very similar, sometimes it smooths better than DEMA sometimes worse. I always test (and use) everything on 1M so i like anything that can smooth peaks effectively. Your HA smoothed averages is unbeaten in it sofar.

mladen wrote: Thu May 18, 2017 8:29 pm Markus

Wouldn't combining two time frames render the signals untrustworthy?

dear mladen
hm i don´t know exactly what you mean. I use this indy with two lines in one chart with different timeframes.
is it curiously? :-)

marwilli wrote: Thu May 18, 2017 10:37 pm dear mladen
hm i don´t know exactly what you mean. I use this indy with two lines in one chart with different timeframes.
is it curiously? :-)

Markus

The thing is that crosses of two different time frame values are bound to change for the bars belonging to the higher time frame still opened bar

Here is an extension of smoothed LWMA
This version can calculate smoothed
- SMA
- EMA
- SMMA
- LWMA
- LSMA

All can be multi time frame and with alerts
It shows how easy is to make something like that once when the things are organized into funtions

mladen wrote: Thu May 18, 2017 4:34 pm Rana

Since that indicator actually looks interesting here is a version that does not repaint
It is a smoothed LWMA (done in a very similar way to Hull average, but it is not the same as Hull, so we can call it a smoothed LWMA)


smoothed lwma.png

Thank you Master. If possible can we have an ea built on this indicator?

Thanks,
Rana

SK_Rana wrote: Fri May 19, 2017 1:32 am Thank you Master. If possible can we have an ea built on this indicator?

Thanks,
Rana

Why don't you take some time to test it and then decide what to do further with it