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Re: Velocity, Momentum & ROC Indicators for MT4

#283
whiplashtm wrote:
Sat Jul 24, 2021 8:22 am
Maybe something like this could work OK. Do you think the results would be very different? Could you add a signal line (with the different averages)?

And is the smoothing by default "EMA" in this indicator? If so could it also get the option to use the different smoothing averages?

I like how it behaves similar too Volatility Quality - probably because of the Stdev. calculation in it.

Thank you very much!

OMA channel candles + oma atr band on chart (shared by kvak): viewtopic.php?p=1295439418#p1295439418
Made an averages version.
avg cmo.png
Averages Cmo.ex4
(119.49 KiB) Downloaded 175 times

Re: Velocity, Momentum & ROC Indicators for MT4

#285
mrtools wrote:
Sun Jul 25, 2021 1:53 pm
Made an averages version.
while I love !rsi adaptive ema levels and its precision (and wish kvak or MrTools would turn it into another button indicator)
I am not so sure - spoiler alert - about averages CMO (see for yourself)
Vidya CMO - on the other hand - is a totally different matter.
US500H1.png
US500H12.png


Re: Velocity, Momentum & ROC Indicators for MT4

#286
josi wrote:
Sun Jul 25, 2021 4:28 pm
while I love !rsi adaptive ema levels and its precision (and wish kvak or MrTools would turn it into another button indicator)
I am not so sure - spoiler alert - about averages CMO (see for yourself)
Vidya CMO - on the other hand - is a totally different matter.
Yeah there is something not quite right about it, will study the code more when I get a chance.

Re: Velocity, Momentum & ROC Indicators for MT4

#287
josi wrote:
Sun Jul 25, 2021 4:28 pm
while I love !rsi adaptive ema levels and its precision (and wish kvak or MrTools would turn it into another button indicator)
I am not so sure - spoiler alert - about averages CMO (see for yourself)
Vidya CMO - on the other hand - is a totally different matter.
Hi Josi.
!rsi adaptive ema levels is a gem from Mrtools and i like it :) .
I'm trying to make a similar one. Here is my trying. It is from old rsi_adaptive_ema_mtf__alerts_2, from Mladen.
Update prices, added 20 averages and DSL.
I dont know how Mrtools calculate DSL levels, my is difrent...especially in longer period...
It is only experiment....
It have functional MTF, but in MTF is bug in Button when you changed position, it is accetable only in current timeframe. In MTF is default.
Dont know how to make it working correctly.
BTW , I think Mrtools version is better....
2021-07-25_220428.png
2021-07-25_220700.png
rsi_adaptive_ema_mtf__alerts_2.mq4
(7.07 KiB) Downloaded 145 times
DSL rsi adaptive ema BT ttest.ex4
(129.68 KiB) Downloaded 90 times

Re: Velocity, Momentum & ROC Indicators for MT4

#288
mrtools wrote:
Mon Jul 26, 2021 3:01 am
Yeah there is something not quite right about it, will study the code more when I get a chance.
I think - all your work is remarkable and fascinating. Thanks for doing it.
One reason, of course, could be that despite the strong price move up (which on higher TFs looks like a BO - engulfing candle - that signifies continuation) it could be
strongly fading momentum (i. e. a fakeout - that would mean price has to go strongly down).
Mladen's indicators often visualize momentum instead of price action.
Also - inputs may be less than ideal, higher period often solves to strong momentum reactions.
Only time will tell what's what.

Re: Velocity, Momentum & ROC Indicators for MT4

#289
kvak wrote:
Mon Jul 26, 2021 7:05 am
Update prices, added 20 averages and DSL.
For the moment I only looked at DSL rsi adaptive ema:
I tried the different averages (by changing them) - you will find that none of them alters the indicator line in any way.
So maybe, just maybe, your indicator list that doesn't work, is the problem.

Re: Velocity, Momentum & ROC Indicators for MT4

#290
josi wrote:
Mon Jul 26, 2021 6:43 pm
For the moment I only looked at DSL rsi adaptive ema:
I tried the different averages (by changing them) - you will find that none of them alters the indicator line in any way.
So maybe, just maybe, your indicator list that doesn't work, is the problem.
Josi, you try change perioda of average?
There is a visually diffrent.
For period 1, of course, this is no difference.
2021-07-26_121308.png
2021-07-26_121241.png


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