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Re: Ehlers Indicators for MT4

#151
Another one for our Ehlers thread that needs to be posted is the Sinewave (Oscillator) for MT4.

This requires both indicators to be installed below in order to work.
Sinewave Oscillator indicator MT4.png
cycleperiod.mq4
(3.05 KiB) Downloaded 930 times
sinewave2.mq4
(3.19 KiB) Downloaded 950 times
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How to: Draw Fibonacci Extensions the easy way
How to: Identify major Support & Resistance using the line chart


Re: Ehlers Indicators for MT4

#152
These two are the Simple Decycler Single and Double lines by Mladen which are the indicator subwindow versions.

The chart version with the bands have been posted here: Simple Decycler with Bands for MT4.
Symple Decycler Single Line indicator MT4.png
Simple Decycler x 2 indicator for MT4.png
Simple Decycler Oscillator.mq4
(6.49 KiB) Downloaded 1071 times
Simple Decycler Oscillator x 2 (multicolor).mq4
(8.53 KiB) Downloaded 1343 times
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How to: Draw Fibonacci Extensions the easy way
How to: Identify major Support & Resistance using the line chart

Re: Ehlers Indicators for MT4

#153
This is John Ehlers Universal Oscillator which was kindly coded by Mladen. This version, as explained by Mladen includes some extras not know in the original John Ehlers version and comes with (newer drop down box) Multi-timeframe + Interpolation.
Ehlers Universal Oscillator for MT4 Multi Time Frame MTF.png
Universal oscillator.mq4
(14.96 KiB) Downloaded 1053 times
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How to: Draw Fibonacci Extensions the easy way
How to: Identify major Support & Resistance using the line chart

Re: Ehlers Indicators for MT4

#154
We're all familiar with the Elhers Fisher Transform indicator so here I would like to post the Ehlers Quotient Transform which was generously coded by Mladen.

This indicator is a another zero-lag filter that can be used for the purpose of timely trend detection. You can learn more about this indicator by downloading the PDF attached below which is an article about it from Wealth Labs.
Ehlers Quotient Transform indicator MT4.png
The Quotient Transform 1.1.mq4
(10.29 KiB) Downloaded 890 times
Ehlers Quotient Transform indicator Information .pdf
(118.66 KiB) Downloaded 583 times
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How to: Draw Fibonacci Extensions the easy way
How to: Identify major Support & Resistance using the line chart

Re: Ehlers Indicators for MT4

#155
This is the FTNP (Fisher Transform Normalized Prices) which was requested by Ibiyemi. This one was fixed by Mladen (according to my notes) and it was optimized at the time to sort out a scaling issue.

This is indicator is the latest version that I could find in our archives but for now it does not have any additional features to it.
Fisher Transform Normalized Prices indicator for MT4.png
ftnp_1.01.mq4
(1.99 KiB) Downloaded 787 times
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How to: Draw Fibonacci Extensions the easy way
How to: Identify major Support & Resistance using the line chart


Re: Ehlers Indicators for MT4

#156
Here are two experimental indicators made by Mladen back in the TSD days which we have in our archives.

As explained by Mladen:
Adding these two simply as an experiment : one is Ehlers Sine Wave of RSI and the other is Ehlers Sine Wave of Stochastic. Some toys to see if Sine Wave can be used on some other "price" sources than price itself and what would be the result of the original John Ehlers' code in such cases (as a kind of estimation of sine wave indicator usefulness).
Ehlers Sinewave Stochastic & RSI indicators for MT4.png
ehlers_sinewave_of_stochastic.mq4
(5.23 KiB) Downloaded 800 times
ehlers_sinewave_of_rsi.mq4
(5.17 KiB) Downloaded 784 times
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How to: Draw Fibonacci Extensions the easy way
How to: Identify major Support & Resistance using the line chart

Re: Ehlers Indicators for MT4

#157
This is a mt4 conversion of a mt5 version of rocket rsi from Mladen with floating levels, and some explanation by Mladen.

Theory:

In “RocketRSI—A Solid Propellant For Your Rocket Science Trading”, author John Ehlers introduces a new take on the classic RSI indicator originally developed by J. Welles Wilder. Ehlers begins by introducing a new version of the RSI based on a simple accumulation of up and down closes rather than averages. To this he applies a Fisher transform. He tells us that the resultant output is statistically significant spikes that indicate cyclic turning points with precision.

All in all, in the terms that we are used to, it is an RSI of a smoothed momentum (2 pole super smoother used for smoothing the momentum). It might and might not deserve the given name, but it deserves a version that works exactly the same as the original so that we all can test what exactly it does.

This version:

Is calculated the original way, it is producing exactly the same results as the original and has some options added:

you can chose from the 33 price options (original uses close only)
you can choose floating level period (if zero setting will give regular like levels)
you can chose to calculate Fisher transform of the "rocket" RSI or to see the "rocket" RSI itself
you have 3 coloring options:
color changes on slope change
color changes on middle line cross
color changes on levels cross (which is what has been used as trigger for entries in the original article)
Usage:

You have to experiment with this indicator to find interesting settings. One is at the example picture (you can see the settings from the picture). In any case, when you set it up, you can use the color change as signal.
rocket rsi fl's.ex4
(41.71 KiB) Downloaded 954 times
rocket rsi.png

Re: Ehlers Indicators for MT4

#158
mrtools wrote:
Mon May 27, 2019 2:57 am
This is a mt4 conversion of a mt5 version of rocket rsi from Mladen with floating levels, and some explanation by Mladen.
The Floating Levels are a great addition to this code. Thank you Mrtools and Mladen :thumbup:
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How to: Draw Fibonacci Extensions the easy way
How to: Identify major Support & Resistance using the line chart

Re: Ehlers Indicators for MT4

#159
These two particular indicators by Mladen are quite interesting and they are called the Zero Lag Experiment 1 and Zero Lag experiment 2 which both come with (newer drop down box) Multi-timeframe + Interpolation & Alerts.

As explained by Mladen:
Zero Lag Experiment 1 - Some know it as zero lag ema, so decided to use that name (even though it is dema). This indicator can make a "zero lag" of sma, ema, smma and lwma.

Zero Lag Experiment 2 - Extended the "zero lag experiment" (filtering enabled : on price, on value and on both)
Zero Lag Experimental indicator 1 by Mladen for MT4.png
Zero Lag Experimental indicator 2 by Mladen MT4.png
zero lag experiment.ex4
(26.02 KiB) Downloaded 755 times
zero lag experiment 2.ex4
(29.8 KiB) Downloaded 834 times
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How to: Draw Fibonacci Extensions the easy way
How to: Identify major Support & Resistance using the line chart


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