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Re: Ehlers Indicators for MT4

#371
Jimmy wrote:
Thu Nov 18, 2021 7:30 pm
Thanks!
One could argue that you don't need a second MA because you already have colour change on slope change (which gives earlier signals than a second MA; albeit sometimes less trustworthy) - but then everyone trades differently.

Many people don't want to confront this fact (because they glorify Mladen for all the extraordinary work he has done):
I think this one has better signals than Mladen's indies normally have but still:
let's assume you know in which direction you want to trade in each instance (by using e. g. higher TF for directional bias):
Does this indicator give better signals than the MT4 built-in MA?
My advice: compare Mladen's indicators to one by MrTools (for example: Jurik Volty bands).
I think you will find that - for now - it produces better signals most of the time.
USDCADH1.png


Re: Ehlers Indicators for MT4

#372
mrtools wrote:
Thu Nov 18, 2021 2:02 pm
In the December 2021 issue of TASC article “The DMH: An Improved Directional Movement Indicator”, John Ehlers explores a method of modernizing directional movement with Hann windowing.
Hi MrTools,

I have an idea - not sure if its worth it but could you code 2 lines instead of one(short length and long length) and color change when short length is above/below long length. MTF as a bonus :D
Capture.PNG

Re: Ehlers Indicators for MT4

#373
Jimmy wrote:
Thu Nov 18, 2021 7:30 pm
Thank you Mrtools for being so kind to share it over here.

Currently experimenting with it, so far I've utilized a Moving Average to help with the entries. It will be interesting to see how this code develops and if other traders find it working for them :)

If anyone is interested, here's a DMH + Moving Average template for MT4:
Image
Added a signal ma, color on signal cross, and mtf.
DMH + sig (mtf).ex4
(33.07 KiB) Downloaded 80 times
USDJPYH1.png

CandlesticksRe: Ehlers Indicators for MT4

#374
mrtools wrote:
Sun Oct 31, 2021 1:03 pm
@mrtools, @kvak, @banzai @jimmy

Wow! Thanks for the amazing Ehlers' Fishers Transform nrp :). I added it to my trading yesterday and this was the result! You guys rock :Fire: :problem:
Ehlers' Fishers Transform.jpg
The quality of the indicators that you and ALL the other amazing coders make available to the community is fantastic! Yes, we as traders have to find the best combinations to suit our own personal trading style and strategy. However, having access to such a wealth of knowledge and expertise is beyond words. My personal thanks to all of you knows no bounds :)

Keep it up guys and may you be blessed with amazing karma! <3 :clap:

Warmest regards,
BeatlemaniaSA
"The KEY to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading!"

Re: Ehlers Indicators for MT4

#375
mrtools wrote:
Sun Oct 31, 2021 1:03 pm
Price options added.
Hi @mrtools,

Could you please add alerts and notifications to your indicator listed below:
Ehlers Fisher transform nrp.mq4
(9.68 KiB) Downloaded 39 times
Warmest regards,
BeatlemaniaSA
"The KEY to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading!"


Re: Ehlers Indicators for MT4

#378
mrtools wrote:
Fri Nov 19, 2021 4:47 am
Added a signal ma, color on signal cross, and mtf.
Image
Hello Sir can you add alerts push, email and chart to this indicator please. I guess on the cross of the two ma's and also the 0 line. Possibly the ability to toggle them off and on. So that both could be on at the same time. Thank you for taking your time to read this.

Re: Ehlers Indicators for MT4

#379
kenshin281180# wrote:
Fri Nov 19, 2021 11:14 am
Hello Sir can you add alerts push, email and chart to this indicator please. I guess on the cross of the two ma's and also the 0 line. Possibly the ability to toggle them off and on. So that both could be on at the same time. Thank you for taking your time to read this.
Try.
DMH + sig (mtf + alerts).ex4
(41.63 KiB) Downloaded 89 times


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