Re: Moving Average indicators for MT4

971
Here is the Running Median Moving Average which was originally made by HindmostFr and kindly optimized by Mladen for MT4 as a non-repainting indicator which makes this indicator simple and easy to use for scalping when price crosses over then closes outside the median (Moving Average) line.
These users thanked the author Jimmy for the post (total 2):
Bob Loblaw, Jozo
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance


Re: Moving Average indicators for MT4

972
Here are the Double SMA & Triple SMA by Mladen as standalone indicators as well which you can add to your non-repainting Moving Averages collection.

As explained by Mladen:
Saw this idea somewhere and kinda liked it, so here are two indicators for the weekend ...

The idea is similar to DEMA and TEMA but instead of using EMA for calculation SMA is used. Here is a comparison : violet is regular SMA, red is DSMA (double SMA) and blue is TSMA (triple SMA)
These users thanked the author Jimmy for the post:
Bob Loblaw
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: Moving Average indicators for MT4

973
Continuing on from the post above, this is Mladen's Double & Triple Linear Weighted Moving Averages for MT4.

As explained by Mladen:
DWMA and TWMA ...

Same thing done as in the previous post except that in these cases linear weighted moving average is used instead of simple moving average. On the chart : green is the regular LWMA, blue is DWMA and red is TWMA
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: Moving Average indicators for MT4

974
This one is a hidden gem that was optimized by Mladen back in the day called the FRAMA (Fractal Adaptive Moving Average) MACD.
The original concept was by John Ehlers back in 2006 and then Matt Kennel (MrPip) made one version and this final version is by Mladen.

Although simple in it's form and without many options, this indicator performs very well for trading trends (especially for aggressive traders who are often in a hurry to open positions when the MACD's line "cross" before further confluence).

As explained by Mladen:
FractalMA macd like 2 ... Has a signal line and you can choose the signal line calculation mode (the usual sma ,ema, smma and lwma modes).

Thank you to Mladen for this code :)
These users thanked the author Jimmy for the post (total 3):
Bob Loblaw, alexm, Jedidiah
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: Moving Average indicators for MT4

975
Jimmy wrote: Fri Jun 21, 2019 4:25 pm Here are the Double SMA & Triple SMA by Mladen as standalone indicators as well which you can add to your non-repainting Moving Averages collection.

As explained by Mladen:
Saw this idea somewhere and kinda liked it, so here are two indicators for the weekend ...

The idea is similar to DEMA and TEMA but instead of using EMA for calculation SMA is used. Here is a comparison : violet is regular SMA, red is DSMA (double SMA) and blue is TSMA (triple SMA)
:thumbup:
any possible to combine as single indicator with tripple sma 2 line and double sma 1 line with 3 sets of setting Period.
settings
double sma - 35 period
triple sma - 35 & 55 period
These users thanked the author sal for the post:
Jimmy
"There is NO GOD higher than TRUTH" - Mahatma Gandhi


Re: Moving Average indicators for MT4

976
sal wrote: Fri Jun 21, 2019 5:46 pm :thumbup:
any possible to combine as single indicator with tripple sma 2 line and double sma 1 line with 3 sets of setting Period.
settings
double sma - 35 period
triple sma - 35 & 55 period
Yes! Good idea man :clap:
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: Moving Average indicators for MT4

978
This one was requested via PM by Azi. I couldn't find this as a standalone indicator here so I'll post it up here but apologies if it's a repost.

This one is coded according to description and the idea of David Hawkins. Thanks to Mladen for this one.
These users thanked the author Jimmy for the post:
RodrigoRT7
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: Moving Average indicators for MT4

979
This is the Chi-Squared that was coded by Mladen for MT4.

As explained by Mladen:
Chi squared ...

The way this indicator is written (the data it uses for calculation). this indicator belongs to moving averages thread indirectly

It is a Chi squared of a chosen type of a moving average.

In order to add some functionality other then testing how good a moving average fits the data it is applied to, added one option : Directional. If it is set to true, then the formula stays the same but it is trying to accommodate to the direction of the price changes too. Here is a comparison of a regular Chi-squared (upper) and "directional" one (lower). Bare in mind that when in "directional" mode, it is not a chi square any more but a kind of an offspring of chi squared
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance

Re: Moving Average indicators for MT4

980
Here is the Standardized Average coded by Mladen for MT4.

As explained by Mladen:
Standardized moving average ...

Even though it does not look like a moving average at a first glance, it can be treated as one.

It is a standardized moving average (it is standardized using margin of error) The interesting thing about it is that, unlike other oscillators derived from moving average, this one tends to have fixed minimums and maximums (depending on the length and the type of the average itself) and that can tell us more about the rhythm of the market and when the trend is continued or abandoned.

PS: price smoothing is added as a "reasonable compromise" to get a bit smoother (less signals) oscillator. As long as the smoothing is small, smoothed price is going to be very close to the price itself
These users thanked the author Jimmy for the post:
rudiarius
Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.


Guide to the "All Averages" Filters (ADXvma, Laguerre etc.) 🆕
Use Fibonacci numbers for indicator settings + How to draw Fibonacci Extensions
An easy trick for drawing Support & Resistance


Who is online

Users browsing this forum: Ahrefs [Bot], alimpe2000, mrtools, tc1688 and 84 guests