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Re: MT5 Moving Averages (MAs)

#53
From Mladen Rakic:

NET (Noise Elimination Technology) - a sort of a rolling Kendall rank correlation coefficient -was introduced in one of the rsi indicators posted at this code base.

Now it is used to determine the "trend" of a simple moving average. As such, it is not same with the slope of SMA and do not be surprised that the slope and the trend color change are going to deviate sometimes



Image


Image


Recommendations:
*You can use the color change of the indicator for possible trend changes
*some experimenting (especially with NET period) is advised prior to using this indicator for trading decisions
Sma with NET.mq5
(9.31 KiB) Downloaded 31 times

Re: MT5 Moving Averages (MAs)

#54
mrtools wrote:
Tue Dec 28, 2021 2:29 pm
From Mladen Rakic:

NET (Noise Elimination Technology) - a sort of a rolling Kendall rank correlation coefficient -was introduced in one of the rsi indicators posted at this code base.

Now it is used to determine the "trend" of a simple moving average. As such, it is not same with the slope of SMA and do not be surprised that the slope and the trend color change are going to deviate sometimes



Image


Image


Recommendations:
*You can use the color change of the indicator for possible trend changes
*some experimenting (especially with NET period) is advised prior to using this indicator for trading decisions
There is 1 error, 0 warning while compiling


Re: MT5 Moving Averages (MAs)

#57
From Mladen Rakic:

Reason to post this is simple : saw some vwap (Volume-Weighted Average Price) indicators that are, execution wise, horribly slow
This version is not (slow) and is as simple to use as it gets (3 parameters, 1 buffer) and also can calculate any time frame vwap (including some that do not exist in the MT5 supported time frames either)


Image


PS: unlike some other multi time frame indicators, there is no recalculation whatsoever in this indicator (regardless of the time frame used)
vwap (fast).ex5
(14.88 KiB) Downloaded 18 times

Re: MT5 Moving Averages (MAs)

#58
From Mladen Rakic:

Original vwap is calculated as a sort of sliding simple moving average of volume weighted price
This variation is instead using sliding ema for that. See the comparison of the 2 : read is the original, blue is this one :
vwap (fast)(ema).ex5
(13.89 KiB) Downloaded 18 times
Capture vwap.png


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