DownloadRe: Trend Indicators for MT4

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tank.turner2 wrote: Sun Sep 18, 2022 11:02 pm Absolutely :
josi wrote: Mon Sep 19, 2022 12:04 am Seems to work during ranges, but not so well in trends:
Nadaraya Watson Channel indicator and setup template for Ranging Markets

Thanks for the feedback and setup guidlines by both of you.

I'll post a Dark Mode template using those settings here just in case any one would like to use it for ranging markets and quiet times like the Asian session.
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Re: Trend Indicators for MT4

1284
mrtools wrote: Sun Sep 18, 2022 3:39 pm Nadaraya-Watson estimator (Envelopes)

Added envelopes, since it recalculates doubt arrows or alerts would be very accurate.
Image
You can make this end-pointed so it doesn't repaint. The truth about this indicator is it's really sort of a Gaussian weighted kernel function so the endpoint is valid and useful. To do this, you just take the index 0 value from each candle and that's the indicator value. So you'd run this calculation on each candle and then only use the first value of the array.

You can see the end-pointed version here. If Mladen ever comes back, maybe he can explain more. Here's an example, this one only repaints on current bar like every other indicator, wait until close of the bar to take the signal. https://www.tradingview.com/script/4BKP ... rage-Loxx/
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