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Re: ADX DMI Indicators for MT4

#71
ADXm fl 1.1

ADXm the floating level version - with a choice of floating or quantile levels,which make it one of the "new Dynamic Zone" version indicator,in picture lower SW.

 
AUDUSDH1.png
ADXm fl 1.1.mq4
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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

#72
ADXm (on chart)

It is not just a mere transform to on chart version but it having additions compare to the original ADXm (namely averages choice for price pre filtering,smoothing,floating levels ) ... All in all some playing recommended (as usual) but it seems to be usable with those additions
AUDUSDH1.png
EURUSDH1-adxmonchart-adxmnrp2.png
ADXm (on chart).ex4
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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

#74
ADXm averages 2

This ADXm version that can use the latest 30 types of Averages in calculation
AUDUSDH1-adxmaverg.png
ADXm averages 2.ex4
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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

#76
ADXm averages 2_2

ADXm by default uses EMA for results smoothing
this version allows to change that,now it allows the 30 types of averages + 30 Double smoothed types :

PS : difference can be significant,the example below uses Ahrens Average in both cases,but the upper is the new version of ADXm.
In some cases the signal in the new version was not just 2 bar earlier but much more-and that is with out using double smoothing.
image_192822.png
AUDUSDH1.png
AUDUSDH1adxmaverg2-2.png
ADXm averages 2_2.ex4
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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

#77
ADXm averages 2_3

In this version line width added in parameters,now the users can adjust it from indicator property.
image_192871.png
ADXm averages 2_3.ex4
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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

#78
ADXm averages 2_4

Previous version did not have an option to have the price smoothing as Double smoothed average too,this version correct that.
Also added an option to choose if the coloring should be or slope or levels cross (like on the example picture)
image_192874.png
AUDUSDH1-adxmaverg2-4.png
 
ADXm averages 2_4.ex4
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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

#79
ADXm averages 2_5

In order to avoid some problems (and explanations)  and since McGinley Dynamic Average can not handle ADXm calculation steps (it would need to be made a different math calculation in order to be able to do so, but then it would not be a McGinley Dynamic MA)
PS : Some more minor ADXm calculation changes done (not in the averages,but in ADXm it self) - results are more logical in some cases.

 
image_192975.png
AUDUSDH1-adxmaverg2-5.png
ADXm averages 2_5.ex4
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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

#80
ADXm averages 2_6
ADXm averages 2.7 ...... (MTF-the version already posted-the last version of this series till now)

MLADEN : When a bug is planted in the head then it does not leave it easily
Found a completely different formula for McGinley average : metastock formula,and decided to give it a try and even though the average it self is not too different ,the ADXm result appeared finaly ..... so here is a version that can calculate ADXm using McGinley Dynamic
------------------
PS : Results are some times strange,but i find it useful even in that format
PPS : even though john McGinley claims that his formula (which is different than the metastoch formula) is worthless,i decided not to use his formula,difference between values produced by his formula and metastock formula are marginal,but the metastock formula does not suffer from errors when there is a series of same values (in which case john McGinley's formula fails miserably),and i find it better,Assuming that there will be no repeated values in rather naive.

 
image_192994.png
AUDUSDH1-adxmaverg2-6.png
ADXm averages 2_6.ex4
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ADXm averages 2.7.ex4
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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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