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Re: ADX DMI Indicators for MT4

#61
Dear mladem I have had the opportunity to compare Wilders ADX vs MT ADX for a long period of time and finally although many people think that the wilders calculation is more optimal, there is some relevance in MT ADX that offers more exact parameters for the method I use in DI + / DI- reading, could not explain to you in detail, I'm not that technical / mathematical.
ADXm looks very interesting but in my case I am interested in absolute units visualization and skip the half-waves that its author highlights because they are not useful for me, futhermore, the fact of the trend direction is hindered (ANG3110 words) it´s not a issue because bias are established by another method.
Thanks for your interest .


Re: ADX DMI Indicators for MT4

#63
mako wrote:Hello,

  could you please add list, possibility of Prices to this indicator? Thanks

Regards
mako

That indicator uses fixed high, low and close prices for calculations. It can not be set as an option

Re: ADX DMI Indicators for MT4

#64
mladen wrote:
mako

That indicator uses fixed high, low and close prices for calculations. It can not be set as an option
Thank you Mr. Mladen...And is it possible to add Zero lag Tema as smoothing method? thanks

Re: ADX DMI Indicators for MT4

#65
mako wrote: Thank you Mr. Mladen...And is it possible to add Zero lag Tema as smoothing method? thanks
As an alternative to Tema (ocn nma indicators)
I think "dmx - ocn nma 2_2" is/are the best one versions when trying/experimenting DMI/DMX,i astonished why traders don't think of and or ignoring OCEAN (nma) Indicators i like more because of so many reasons.

Only i want request to our respected coders for adding the very effective function "angle level" same they added in "Angle of averages - alerts 1.2" for to remove/ignore false signals (of desired/required size) in this "dmx - ocn nma 2_2" version,pictures attached for illustration purpose.
AUDUSDH1-dmxocnnma2-2.png
USDCHFH1-angleofavergalert1.2s.png
dmx - ocn nma 2_2.ex4
(18.88 KiB) Downloaded 595 times
Angle of averages - alerts 1.2.ex4
(122.4 KiB) Downloaded 625 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


Re: ADX DMI Indicators for MT4

#68
Hello,
it is possible to add Zero lag Tema to the variety, list of DMI smoothing methods of DMI oscillator./ except of SMA, EMA, LWMA, SMMA/

Regards

Re: ADX DMI Indicators for MT4

#70
ADXm fl

ADXm the floating levels version with price pre-smoothing (the same as the ADXm (on chart) indicator except that it is in a sub window)
interpolated MTF,user friendly,symbol choice,3 state 22 prices,4 smoothing methods,3 state filters,filter price,filter adxm value and or both,floating levels,alerts,line width (thickness) 3 state color change,on slope,outer level cross,middle line cross-along with shadowing and sizing it
AUDUSDH1.png
ADXm fl.mq4
(24.6 KiB) Downloaded 773 times
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


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