Re: Step Indicators for MT4

611
kvak wrote: Sat Mar 04, 2023 10:00 am Non-linear Kalman Filter for MT4 with Step function

Here is nonlinear kalman filter from Mladens MT5 version.
Updated with step function.....There are several method how calculate step....
Arrows, alerts and button....

The description by John Ehlers

  • Take EMA of price (better, a 3 Pole filter).
  • Take the difference (delta) between Price and its EMA.
  • Take an EMA of delta (or a 3 Pole filter):
    • Smoothing will help reduce whipsaws.
    • Ideally, smoothing introduces no major trend mode lag because delta is detrended.
  • Add the smoothed delta to EMA for a zero lag curve.
  • Add 2*(smoothed delta) to EMA for a smoother predictive line.

Settings to try

  • Filter Order: First Order (EMA)
  • Fast Filter Period: 14
  • Pre-smoothing Period: 3
  • MA Type: Linear Weighted MA
  • Step calculate on: EMA Deviation
  • Step size: 100.0
  • Calculation period of Step: 51.0
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Dear KVak and MrTools,

just an idea of mine, I was reading through the description of Kalman Filter and its benefits, I would like to seek your expertise if you can create a 3xKalman Filter cross with Candles/Button function. Something like below screenshot of 3xMA.
Preferably with the option of Neutral Candles (Need to wait for Fast to cross both Medium and Slow lines).

If this can be created, it might lead to some very interesting result, as I see there is potential for the crosses to highlight certain hidden weak/strong swings in the market.
Thanks and much appreciated
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Gethsemane, BeatlemaniaSA, RodrigoRT7


Re: Step Indicators for MT4

612
RodrigoRT7 wrote: Fri Jun 09, 2023 4:09 am hello my friends, how are you? Is there a possibility to include that averages magic kit here? An ATR indicator is always a good option as an exit, so I would like to explore other options in it.

Thanks a lot in advance :)
Image
Added all the averages hopefully it's close to the original, had to redo it.
These users thanked the author mrtools for the post (total 7):
RodrigoRT7, kvak, 太虚一毫, Gethsemane, marwilli, josi, alif


HappyRe: Step Indicators for MT4

617
Hello.

This is the older Advanced Step RSI 2.3 DZ MTF Arrows, with one little tweak:

-I added the " "timeFrameToString(timeFrame)" function to the alert, push and email. Nothing else

I use 2 step rsi's on my setup and at times it's hard to tell what one is sending the alert. Mine is h1 and m30

Code is error free, it was a little journey into the code, but that's as far as my skills go.

Again THiS is the oLD (v.2.3 ADVANCED STEP RSI)

If not allowed, mods please delete

Keep on rocking @ FS!!!
Check out my Intraday Swinging Setup - Updated Q4 2022... viewtopic.php?p=1295496595#p1295496595

Re: Step Indicators for MT4

619
Step T3 Average Guppy Long

Guppy Long = MA(30), MA(35), MA(40), MA(45), MA(50), MA(60).

It's not a holy grail. But it will you an idea of what the trend is.
These users thanked the author Banzai for the post (total 5):
josi, alif, FXSurf, Jimmy, 太虚一毫


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