temporalmotif wrote: Wed Jun 18, 2025 7:49 pm @mrtools

Hope you well!

Are you able to add the ROC indicator average in the form of candles like all the other averages that can be selected in the indicator attached?

I have also added an example of the ROC in question.

For some reason the ROC indicator freezes when choosing Multi Timeframe mode.

If this can be converted and working on MT5 that would be fantastic (more timeframes)

Much appreciated.

Hello, not able to add it to the averages. More than likely there are some correctly working mt4 versions in this thread.

@mrtools

Thanks for the insight.

Is there a MT5 version of this or are you able to convert to one?

Much much appreciation you legend.

temporalmotif wrote: Thu Jun 19, 2025 12:53 am @mrtools

Thanks for the insight.

Is there a MT5 version of this or are you able to convert to one?

Much much appreciation you legend.

Try here.

Hopefully one of these hasn't been made, this is a synthetic smoothed momentum (Mladens smoothed version) with floating levels and alerts.

To those not familiar with Mladen's smoothed momentum this is his explanation:

For people using momentum:

Momentum is a very useful indicator. But probably the biggest problem it has is that it can create a lot of false signals simply because it is not smooth. This is one way how it can be solved without adding any lag at all (on the contrary: in some cases, it is faster than momentum). Here is a comparison: red is the smoothed momentum, blue is the regular momentum (same period, same price)

mrtools wrote: Sat Jul 26, 2025 11:56 am Hopefully one of these hasn't been made, this is a synthetic smoothed momentum (Mladens smoothed version) with floating levels and alerts.

To those not familiar with Mladen's smoothed momentum this is his explanation:

For people using momentum:

Momentum is a very useful indicator. But probably the biggest problem it has is that it can create a lot of false signals simply because it is not smooth. This is one way how it can be solved without adding any lag at all (on the contrary: in some cases, it is faster than momentum). Here is a comparison: red is the smoothed momentum, blue is the regular momentum (same period, same price)


sm.gif

It performs very good. Any chance of mtf?

Sutatong wrote: Tue Jul 29, 2025 2:25 am It performs very good. Any chance of mtf?

Hello, mtf added.

mrtools wrote: Tue Jul 29, 2025 3:25 am Hello, mtf added.

Very kind of you as always. Thank you, Mrtools.

mrtools wrote: Tue Apr 01, 2025 12:04 pm Z-score of Smoother Momentum (MOM)

Hello, did this version.

Hello dear @mrtools. Very nice obos zones! Could you add a btn pls? thanks in forward.

ixion700 wrote: Mon Nov 03, 2025 7:24 am Hello dear @mrtools. Very nice obos zones! Could you add a btn pls? thanks in forward.

Hello, on/off button added.

Momentum Ratio Oscillator for MT4 & MT5

The indicator computes a smoother momentum ratio by comparing the current value to the previous value through a series of EMA calculations. The outcome resembles some existing indicators, such as volume zone or price zone oscillators, due to the EMA's smoothing effect, which creates a "smooth step-like" result during sudden value changes. However, the math behind these indicators is entirely different.

How is it used?

In this version you can use either color changes or levels crosses (since the indicator is bound to 0 to 1 range) as signals

Trend confirmation

• If the indicator line stays above the 0.8 level, the trend is a strong bullish.
• If the indicator line stays below the 0.2 level, the trend is a strong bearish.
• Whenever the oscillator crosses above 0.5, this shows a shift towards bullish momentum.
• When the oscillator crosses below the 0.5 level, this shows the beginning of bearish momentum.

Entries

• Enter by joining the trend whenever the oscillator rebounds from 0.2 or 0.8 with color change.
• Exit when the opposite signal appears.

Did a mt4 version.