Re: Moving Average indicators for MT4

1451
Darks wrote: Sat Nov 14, 2020 6:09 am Here's a different take(adaptive method) on an already existing indicator. Results look so good at some places that it starts to give impression of an improvement although still far away from that. Image shows the comparison(between old(orange,aqua) & new(red,green) version) at default settings with T3 clean turned on.
Image
What I like about this experiment is that you can watch the lines during a trend and can somewhat gauge when there's a turning point or when a trend is exhausting.

  • When the lines begin to "pinch" take profit and exit trade
  • When the lines begin to "spread" this shows strong momentum and you can stay in the trade for more profit

And even though this can happen on many moving averages, this combination seems to work just a bit better. And it's Adaptive so it's good at filtering out the undesirable trades.

Thanks for this idea, here's the template for those who want to try Dark's idea out.
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Re: Moving Average indicators for MT4

1452
Jimmy wrote: Mon Nov 16, 2020 8:31 pm
  • When the lines begin to "pinch" take profit and exit trade
  • When the lines begin to "spread" this shows strong momentum and you can stay in the trade for more profit
GREAT WORK
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Re: Moving Average indicators for MT4

1453
Jimmy wrote: Mon Nov 16, 2020 8:31 pm
What I like about this experiment is that you can watch the lines during a trend and can somewhat gauge when there's a turning point or when a trend is exhausting.
Could you tell us - i. e. people who don't use your tpl - the indicator's inputs
a) period
b) price
for both (faster and slower) instances of the indicator?

Re: Moving Average indicators for MT4

1454
Jimmy wrote: Mon Nov 16, 2020 8:31 pm

What I like about this experiment is that you can watch the lines during a trend and can somewhat gauge when there's a turning point or when a trend is exhausting.

  • When the lines begin to "pinch" take profit and exit trade
  • When the lines begin to "spread" this shows strong momentum and you can stay in the trade for more profit

And even though this can happen on many moving averages, this combination seems to work just a bit better. And it's Adaptive so it's good at filtering out the undesirable trades.

Thanks for this idea, here's the template for those who want to try Dark's idea out.
I was honestly just comparing the two adaptive systems but really glad you have developed a strategy based on it. What you are proposing could be translated into a percentage price oscillator using both averages. It would show how spread or squeezed the fast T3 is with respect to the slow T3 in percentage but not sure how good that would look. Have to build and see.
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Re: Moving Average indicators for MT4

1457
Darks wrote: Tue Nov 17, 2020 1:32 am Have to build and see.
MaxTorque wrote: Wed Nov 18, 2020 2:09 am Dear mrtools and all coders,

please, may I have an arrow when color changing ??!!

The arrows should have flexibel Gap.

Thank you very much in advance and greetings.

MaxTorque
Arrows added.
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Re: Moving Average indicators for MT4

1460
So it seems that anything that can reflect trend and oscillates between 0 to 1 (or can be normalized to fit that range) can be used as an gain factor for constructing corrected average. This version is using the RSI indicator to calculate the gain for cma.

PS: For the settings used on the Daily Downloads screenshot, see here: Corrected Moving Averages RSI Settings for MT4.
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