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Re: Ehlers Indicators for MT4

#251
Ehlers Early Onset Trend

Released date: Tuesday, July 28th, 2020.

https://www.tradingview.com/script/aMxm ... set-Trend/
In his article in this issue, “The Quotient Transform,” author John Ehlers introduces the quotient transform (QT), a zero-lag filter that can be used for the purpose of timely trend detection. The QT is an advancement of the technique he presented in his January 2014 S&C article, “Predictive And Successful Indicators.” This time, the output of a roofing filter (which includes applying a high-pass filter and SuperSmoother filter) is normalized.
http://www.traders.com/documentation/fe ... html#item1
Download here:
viewtopic.php?p=1295415779#p1295415779
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Image
Image
To Reduce CPU and RAM usage -- MT4 > Tools > Options > Chart --->> Decrease "max bars in history" and "max bars in chart" (My setting is 5000)


Re: Ehlers Indicators for MT4

#252
mrtools wrote:
Sat Jul 25, 2020 7:22 am
MaxTorque wrote:
Sat Jul 25, 2020 3:50 am
Hello mrtools,

why don´t appear the indicator ?
I´v tried several Broker and I´v compiled multiple times !

Regard
Try this version.
Hello mrtools,
I have a request for this brilliant indi:
if you have time and desire please do the following for a better visual presentation.
Fill the spaces with color and the possibility to change the colors.
And if you did, please add BUTTON and put it to the thread ON/OFF
thanks in advance
Trade what you see, not what you think

Re: Ehlers Indicators for MT4

#253
Skyold wrote:
Thu Jul 30, 2020 11:10 pm
mrtools wrote:
Sat Jul 25, 2020 7:22 am


Try this version.
Hello mrtools,
I have a request for this brilliant indi:
if you have time and desire please do the following for a better visual presentation.
Fill the spaces with color and the possibility to change the colors.
And if you did, please add BUTTON and put it to the thread ON/OFF
thanks in advance
Posted it here viewtopic.php?p=1295415904#p1295415904
CADJPYM15.png

Re: Ehlers Indicators for MT4

#254
mrtools wrote:
Fri Jul 31, 2020 2:57 am
Skyold wrote:
Thu Jul 30, 2020 11:10 pm

Hello mrtools,
I have a request for this brilliant indi:
if you have time and desire please do the following for a better visual presentation.
Fill the spaces with color and the possibility to change the colors.
And if you did, please add BUTTON and put it to the thread ON/OFF
thanks in advance
Posted it here viewtopic.php?p=1295415904#p1295415904
Hello mrtools,
Thank you so much for having the time.
An excellent visual indi for the trend
Trade what you see, not what you think

Re: Ehlers Indicators for MT4

#255
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.

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.
Hi mrtools, thanks for all the amazing good work you do for the forex station community. Would you share a mt4 "Rocket RSI" .mq4 version?, even just a basic version one.

Thank you again!!




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