mrtools wrote:Wed May 29, 2019 12:34 pm
A little more updated version added coloring of the vortex if vortex plus greater or less than vortex minus and added arrows at the cross.
Is there an MTF version of this indicator?
Cheers,
Bleemus
mrtools wrote:Wed May 29, 2019 12:34 pm
A little more updated version added coloring of the vortex if vortex plus greater or less than vortex minus and added arrows at the cross.
Jimmy, I am loving this. Is there a way to add alerts and maybe arrows to this please?? It is showing great promise for catching reversals quicker than other tools.Jimmy wrote:Sat Jun 29, 2019 11:33 pm This is the Least Square Moving Average channelled made by Mladen for MT4 and is an excellent tool for trading trends and timing swing trading entries.
As explained by Mladen:
Well, first version of LSMA trend was posted long time ago and it was made only to show what some other indicator was about. In the mean time it was renamed (surprise, surprise ... ) and posted as something different while nothing at all was changed in it.
The main problem (in my opinion) with the old version was the "oversensitivity" since all it is looking for is a slope of linear regression value (LSMA == linear regression value). This version is a possible way to avoid that "oversensitivity" and ads a kind of a filter on it that might help in avoiding "insignificant" changes.
Rain! That is an excellent idea man and thanks for letting us know that you're liking this indicator.rain wrote:Thu Jul 18, 2019 1:47 pm Jimmy, I am loving this. Is there a way to add alerts and maybe arrows to this please?? It is showing great promise for catching reversals quicker than other tools.
Added arrows,alerts, and made it more user friendly.rain wrote:Thu Jul 18, 2019 1:47 pm
Jimmy, I am loving this. Is there a way to add alerts and maybe arrows to this please?? It is showing great promise for catching reversals quicker than other tools.
Just realized i did the wrong indicator will try and find the source and add alerts.mrtools wrote:Fri Jul 19, 2019 4:24 am Added arrows,alerts, and made it more user friendly.
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