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Re: Dynamic zones Polychromatic momentum 5.14

#231
mladen wrote:
Wed May 03, 2017 4:50 am
Tsar wrote:
Wed May 03, 2017 3:38 am
Dear mladen,

Thank's for Update Dynamic zones Polychromatic momentum 5.13 indicator's

I found this Indie can't Show in :

Monthly time frime : GBP/USD ; EUR/USD and EUR/GBP
Weekly & Monthly time frimes : GBP/NZD and GBP/AUD

I used Metatrader Version: 4.00 Build 1065 (23 Maret 2017) & Five Digits Broker
Can you fix it, please... Thank's in Advance


A new version with some issues solved

Also, it is suing the fast multi time frame mode now - should be easier on CPU when in multi time frame mode. Some other code changes made too (in order to make it easier to use)


Tested today and Worked Well. Thank you very much...
Always looking the GREAT, never left GOOD Point...


#232
Fresh_Prince wrote:
Wed May 03, 2017 7:43 am
Tsar wrote:
Wed May 03, 2017 3:38 am
Dear mladen,

Thank's for Update Dynamic zones Polychromatic momentum 5.13 indicator's

I found this Indie can't Show in :

Monthly time frime : GBP/USD ; EUR/USD and EUR/GBP
Weekly & Monthly time frimes : GBP/NZD and GBP/AUD

I used Metatrader Version: 4.00 Build 1065 (23 Maret 2017) & Five Digits Broker
Can you fix it, please... Thank's in Advance


Could You pls share the template with the name of the currency pair in the left corner?


Hi Fresh_Prince,

That is TRO_Watermark indie.
These Costum Indicator, you can Choice to set the Ones of 4 Corner [with Changes Setting MyCorner Number]
TRO_Watermark.mq4
(3.25 KiB) Downloaded 517 times
TRO_Watermark.mq4
(3.25 KiB) Downloaded 632 times
TRO Watermark.png
TRO Watermark_Sett.png
Always looking the GREAT, never left GOOD Point...

Re: Dynamic zone indicators ...

#233
mladen wrote:
Wed May 03, 2017 5:28 am
Also, since some of the explanations have been lost in numerous "migrations" (of forex-TSD for one), I would like to repeat some stuff regarding polychromatic momentum
According to Dennis Meyers (that first described it) it is :


Dennis Meyers wrote:Momentum is defined as the difference, or percent change, between the current bar and a bar some lookback period in the past.. The major problem with using momentum based indicators is that the optimum lookback period seems to change over time creating losses with the current chosen lookback period. To avoid the errors due to a single lookback period we create an indicator that takes an weighted average of all significant lookback periods for the tradable. We named this indicator polychromatic because poly means many and chromatic means colors. Thus, polychromatic momentum for this indicator translates into the sum of many momentums.

The momentum magnitudes from different lookback periods are not equalized. That is, the momentum from 17 bars ago will have a range of magnitudes that are much greater than the range of momentum magnitudes of the one bar momentum. For Brownian motion random processes the expected distance a particle can move is proportional to the square root of time. Thus to equalize the effect of differences in magnitude so that the longer bar momentum magnitudes don't swamp the magnitudes of the shorter bar momentums in an average , we will weight the momentum values. The weighting function that we chose here is n α , where α is a system input variable. This weighting will equalize the various momentum magnitudes

So, even though some might have thought that "polychromatic" come from a nicely colored values and bars, it is not so. But I liked the description and that is why it was made the way it is. Dynamic zones served as a natural normalization method that is necessary for any gradient coloring - without it it would hardly be possible to do that, but still the "polychromatic" does not apply to that, but to the very core of the way how the indicator is calculated
Is it possible to add the Full range of averaging(weighting) to his formula or will that change the purpose of the indicator?

Re: Dynamic zone indicators ...

#234
RJD007 wrote:
Wed May 03, 2017 11:15 pm
mladen wrote:
Wed May 03, 2017 5:28 am
Also, since some of the explanations have been lost in numerous "migrations" (of forex-TSD for one), I would like to repeat some stuff regarding polychromatic momentum
According to Dennis Meyers (that first described it) it is :






So, even though some might have thought that "polychromatic" come from a nicely colored values and bars, it is not so. But I liked the description and that is why it was made the way it is. Dynamic zones served as a natural normalization method that is necessary for any gradient coloring - without it it would hardly be possible to do that, but still the "polychromatic" does not apply to that, but to the very core of the way how the indicator is calculated
Is it possible to add the Full range of averaging(weighting) to his formula or will that change the purpose of the indicator?
I am not sure that it can be done, but will check it and get back to you regarding this

Re:

#235
Tsar wrote:
Wed May 03, 2017 7:36 pm
Fresh_Prince wrote:
Wed May 03, 2017 7:43 am


Could You pls share the template with the name of the currency pair in the left corner?
Hi Fresh_Prince,

That is TRO_Watermark indie.
These Costum Indicator, you can Choice to set the Ones of 4 Corner [with Changes Setting MyCorner Number]
Thx a Lot


Re: Dynamic zone indicators ...

#240
Nice idea
Did you try making the value chart an offline chart?

No, since I am a mediocre coder, I just use Icustom and have been working with absolutestrength v1.1. Never thought of using offline VC chart. I will play with that.

Thanks!


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