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Re: Schaff Indicators for MT4

#182
This is Schaff trend cycle-adjustable smoothing (mtf).ex5 made by teacher mrtools. The signal line is displayed as a dotted line, which can be compared well with the K line.

Looking forward to modifying the signal line of Schaff-Trend Cycle (mtf + arrows + alerts) .ex4, it is also displayed with a dotted line. Boundless merit!
Schaff trend cycle - adjustable smoothing (mtf).ex5
(36.6 KiB) Downloaded 43 times
Schaff Trend Cycle - adjustable smoothing 1.2.mq4
(30.03 KiB) Downloaded 83 times
Schaff - Trend Cycle (mtf + arrows + alerts).ex4
(50.58 KiB) Downloaded 93 times
Schaff - Trend Cycle (mtf + arrows + alerts).png
Schaff trend cycle - adjustable smoothing (mtf).png

Re: Schaff Indicators for MT4

#183
太虚一毫 wrote:
Fri Sep 24, 2021 1:30 am
This is Schaff trend cycle-adjustable smoothing (mtf).ex5 made by teacher mrtools. The signal line is displayed as a dotted line, which can be compared well with the K line.

Looking forward to modifying the signal line of Schaff-Trend Cycle (mtf + arrows + alerts) .ex4, it is also displayed with a dotted line. Boundless merit!
Made a version with the dots option.

PS: For the template used in our Daily Downloads post, please see here: Schaff Trend Cycle template for MT4.
!!Schaff - Trend Cycle (mtf + arrows + alerts).ex4
(54.07 KiB) Downloaded 260 times
EURUSDM15.png

Re: Schaff Indicators for MT4

#184
太虚一毫 wrote:
Fri Sep 24, 2021 1:30 am
Looking forward to modifying the signal line of Schaff-Trend Cycle (mtf + arrows + alerts) .ex4, it is also displayed with a dotted line. Boundless merit!
Thank you brother for this idea. I really like this :)

mrtools wrote:
Fri Sep 24, 2021 4:13 am
Made a version with the dots option.
Thanks Mrtools the Dots is always a very good addition as it helps us gauge the "strength" of the moves.

For traders that are new to indicators with "Dots" lines:

  • The further the Dots are apart, the more strength there is in the move. This doubles as a Volatility gauge. Dots that are far apart act as a confirmation that a strong move is in play.
  • The closer the Dots are, the less Volatility there is. This does not mean the direction is wrong, it just means the market is "coasting" in that direction.

This particular setup for Crypto using the Schaff Trend Cycle Dots utilizes two instances of the indicator. For me, I like the Dots feature but also appreciate the guidance of the lines.

If you'd like to use this setup, the template is attached below.
Schaff Trend Cycle Dots Chart template MT4.png
Schaff Trend Cycle Dots MT4 Template.zip
(134.92 KiB) Downloaded 155 times
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Re: Schaff Indicators for MT4

#185
mrtools wrote:
Fri Sep 24, 2021 4:13 am
Made a version with the dots option.

PS: For the template used in our Daily Downloads post, please see here: Schaff Trend Cycle template for MT4.
I look forward to the teacher making a !!Schaff-Trend Cycle (mtf + arrows + alerts) histo version.

Condition: Increase RSI filtering.

RSI> 65, Schaff Trend Cycle histo painted blue.

RSI <35, Schaff Trend Cycle histo painted yellow.
RSI Filter v1 histo alerts.mq4
(8.58 KiB) Downloaded 72 times
123.png


Re: Schaff Indicators for MT4

#188
mrtools wrote:
Mon Sep 27, 2021 12:48 pm
Try.
This is the 30-point Schaff Trend Cycle in the 5-minute chart, and the 30-point Schaff Trend Cycle in the 15-minute chart.

Obviously,!! Schaff-Trend Cycle + rsi histo (mtf + alerts) is slightly behind.
It would be better if you add up65 and down35 level adjustments in the parameter options of !!Schaff-Trend Cycle + rsi histo (mtf + alerts)!

Or, increase the RSI time period adjustment (M5, M15, M30, H1, etc.) options.

The time period of RSI is not necessarily the same as the time period of !!Schaff-Trend Cycle + rsi histo (mtf + alerts).

But coding may be more troublesome. :)

This expression may be more accurate:

1. RSI time period adjustment (M5, M15, M30, H1, etc.) options;
2.!! Schaff-Trend Cycle + rsi histo (mtf + alerts) time cycle adjustment options (M5, M15, M30, H1, etc.).

They can all be adjusted by traders themselves.
5-30.png
15-30.png

Re: Schaff Indicators for MT4

#189
It is more reliable to use RSI filter + Schaff Trend Cycle for short-term.
Obviously better than Schaff Trend Cycle-gaussian filter velocity (histo).

In many cases, the gaussian filter is not very reliable. :)


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