mrtools wrote: ↑

Mon Oct 26, 2020 5:07 am

This is the smoothed momentum with floating levels, alerts, and mtf.

mwaschkowski wrote: ↑

Tue Nov 03, 2020 5:58 am

mrtools wrote: ↑

Mon Oct 26, 2020 5:07 am

This is the smoothed momentum with floating levels, alerts, and mtf.

Hi MrTools!

I'm loving this momentum tool, its brilliant for finding entries/exits!

Would you mind letting me know what the enum is for the 'Color change on' parameter please?

Really appreciate it!

Mark

enum  enColorOn
      {
         cc_onSlope,                                         // Change color on slope change
         cc_onMiddle,                                        // Change color on middle line cross
         cc_onLevels                                         // Change color on outer levels cross
      };
input enColorOn          ColorOn         = cc_onSlope;       // Color change on :

mrtools wrote: ↑

Tue Nov 03, 2020 8:17 am

mwaschkowski wrote: ↑

Tue Nov 03, 2020 5:58 am

Hi MrTools!

I'm loving this momentum tool, its brilliant for finding entries/exits!

Would you mind letting me know what the enum is for the 'Color change on' parameter please?

Really appreciate it!

Mark

This?

Code: Select all

enum  enColorOn
      {
         cc_onSlope,                                         // Change color on slope change
         cc_onMiddle,                                        // Change color on middle line cross
         cc_onLevels                                         // Change color on outer levels cross
      };
input enColorOn          ColorOn         = cc_onSlope;       // Color change on :

Ewan.M01 wrote: ↑

Wed Dec 16, 2020 6:00 am

I have had an idea concerning Mladen's Smoothed Momentum indicator (once again haha).
I don't know if this would be a possible modification but if it is I think it could provide a new way to look at and use the indicator.
The modification I suggest is for there to be a colour change on INNER levels cross option.

Thank you for taking the time to read

mrtools wrote: ↑

Thu Oct 29, 2020 4:20 am

talaate wrote: ↑

Tue Oct 27, 2020 9:31 pm

Hi mrtools
Is possible to convert the indicator to histo on the basis of the change color on the middle line cross with keeping altering option.
Thanks

Made the histo version with auto next time frame.

PS: For the Floating Levels version of this indicator, please see here: Smoothed Momentum indicator with Floating Levels for MT4.

mrtools wrote: ↑

Thu Dec 17, 2020 4:53 am

Ewan.M01 wrote: ↑

Wed Dec 16, 2020 6:00 am

I have had an idea concerning Mladen's Smoothed Momentum indicator (once again haha).
I don't know if this would be a possible modification but if it is I think it could provide a new way to look at and use the indicator.
The modification I suggest is for there to be a colour change on INNER levels cross option.

Thank you for taking the time to read

On this version I have, the only inner level i have is the middle line, but think I'm not understanding what you're looking for.

PS: For the Histogram version of this indicator, please see: Smoothed Momentum Histogram indicator for MT4

mwaschkowski wrote: ↑

Mon Dec 21, 2020 3:49 am

Hi MrTools,

Thanks for all the work you do! Its amazing!

I was about to create a post about the previous version of this indicator and issues I noticed when testing via the 15 min TF. I then tested again using this new version but there seems to be the same issue with both. I created a test case so that you can see exactly what I'm seeing in the hopes of getting to the bottom of this, please find attached.

I created a simple test case that shows arrows pointing up when the momentum is green and down when red. What I noticed was that on the 4hr chart everything looks good:

mom4hr.png

but when I did some back testing on the 15 min TF I saw this instead:

mom15minBacktest.png

The code included testing using the step Nema indicator as well, (line 77) which was really just a sanity check (then nema code is commented out) just to compare the results. The the Nema indicator worked fine - results were the same both on the chart and in the backtest.

Please have a look and let me know what you think.

Edit: The dates tested are around Dec 16, 2020

Thank you,

Mark

mrtools wrote: ↑

Thu Dec 17, 2020 4:53 am

On this version I have, the only inner level i have is the middle line, but think I'm not understanding what you're looking for.

PS: For the Histogram version of this indicator, please see: Smoothed Momentum Histogram indicator for MT4

SetIndexBuffer(0, levup, INDICATOR_DATA); SetIndexStyle(0,DRAW_LINE);  //0 to 3 = levels
   SetIndexBuffer(1, levmi, INDICATOR_DATA); SetIndexStyle(1,DRAW_LINE);
   SetIndexBuffer(2, levdn, INDICATOR_DATA); SetIndexStyle(2,DRAW_LINE);
   SetIndexBuffer(3, mom,  INDICATOR_DATA); SetIndexStyle(3,DRAW_LINE,EMPTY,LineWidth,ColorNe); // 3 to 7 colors
   SetIndexBuffer(4, valua, INDICATOR_DATA); SetIndexStyle(4,DRAW_LINE,EMPTY,LineWidth,ColorUp);
   SetIndexBuffer(5, valub, INDICATOR_DATA); SetIndexStyle(5,DRAW_LINE,EMPTY,LineWidth,ColorUp);
   SetIndexBuffer(6, valda, INDICATOR_DATA); SetIndexStyle(6,DRAW_LINE,EMPTY,LineWidth,ColorDn);
   SetIndexBuffer(7, valdb, INDICATOR_DATA); SetIndexStyle(7,DRAW_LINE,EMPTY,LineWidth,ColorDn);
   SetIndexBuffer(8, valc); // trend;

//for Buy/green color of indicator
return iCustom(NULL,0,momName, tf,momentumPeriodFast,PRICE_CLOSE, lvl_floa, smoothMomfloatingLevelPeriodFast,90,10,3, type, clrLimeGreen, clrRed, clrKhaki, false, false, false, false, false, false, "", false, 8, i) == 1;

mrtools wrote: ↑

Mon Dec 21, 2020 5:35 am

mwaschkowski wrote: ↑

Mon Dec 21, 2020 3:49 am

Hi MrTools,

Thanks for all the work you do! Its amazing!

I was about to create a post about the previous version of this indicator and issues I noticed when testing via the 15 min TF. I then tested again using this new version but there seems to be the same issue with both. I created a test case so that you can see exactly what I'm seeing in the hopes of getting to the bottom of this, please find attached.

I created a simple test case that shows arrows pointing up when the momentum is green and down when red. What I noticed was that on the 4hr chart everything looks good:

mom4hr.png

but when I did some back testing on the 15 min TF I saw this instead:

mom15minBacktest.png

The code included testing using the step Nema indicator as well, (line 77) which was really just a sanity check (then nema code is commented out) just to compare the results. The the Nema indicator worked fine - results were the same both on the chart and in the backtest.

Please have a look and let me know what you think.

Edit: The dates tested are around Dec 16, 2020

Thank you,

Mark

Think you need to check your iCustom calls, maybe this will help

Code: Select all

SetIndexBuffer(0, levup, INDICATOR_DATA); SetIndexStyle(0,DRAW_LINE);  //0 to 3 = levels
   SetIndexBuffer(1, levmi, INDICATOR_DATA); SetIndexStyle(1,DRAW_LINE);
   SetIndexBuffer(2, levdn, INDICATOR_DATA); SetIndexStyle(2,DRAW_LINE);
   SetIndexBuffer(3, mom,  INDICATOR_DATA); SetIndexStyle(3,DRAW_LINE,EMPTY,LineWidth,ColorNe); // 3 to 7 colors
   SetIndexBuffer(4, valua, INDICATOR_DATA); SetIndexStyle(4,DRAW_LINE,EMPTY,LineWidth,ColorUp);
   SetIndexBuffer(5, valub, INDICATOR_DATA); SetIndexStyle(5,DRAW_LINE,EMPTY,LineWidth,ColorUp);
   SetIndexBuffer(6, valda, INDICATOR_DATA); SetIndexStyle(6,DRAW_LINE,EMPTY,LineWidth,ColorDn);
   SetIndexBuffer(7, valdb, INDICATOR_DATA); SetIndexStyle(7,DRAW_LINE,EMPTY,LineWidth,ColorDn);
   SetIndexBuffer(8, valc); // trend;

mrtools wrote: ↑

Thu Oct 29, 2020 4:20 am

talaate wrote: ↑

Tue Oct 27, 2020 9:31 pm

Hi mrtools
Is possible to convert the indicator to histo on the basis of the change color on the middle line cross with keeping altering option.
Thanks

Made the histo version with auto next time frame.

PS: For the Floating Levels version of this indicator, please see here: Smoothed Momentum indicator with Floating Levels for MT4.