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Re: Trend Indicators

#651
mrtools wrote:
Fri Nov 15, 2019 7:52 am
sal wrote:
Fri Nov 15, 2019 4:44 am


mr.tools
please add alert sound on this Trend Intensity Index indicator
Which one?
viewtopic.php?f=579496&t=8472182&start=99
Trend Intensity Index 1.1.mq4

Kindly add arrow reversal for the stochastic both lines crosses above upper/lower level when the trend intensity line is below/above levels as per below snap
Screenshot_2.jpg


Re: Trend Indicators

#652
mntiwana wrote:
Fri Sep 14, 2018 5:24 pm
FTLM - Fast Trend Line Momentum
STLM - Slow Trend Line Momentum
(FTLM and STLM show rate of changing (falls or growing) of FATL and SATL calculated similarly with Momentum indicator but using smoothing as a result of filtrations of the price)
FTLM can predict the trend early and it is great for divergence too.
Blue lines are Fibonacci of yesterday's high and low.
GBPJPYM5_20191125b.png

Re: Trend Indicators for MT4

#654
Banzai wrote:
Thu Nov 28, 2019 5:57 am
How to read FTLM histograms. Fast Trend Line Momentum.
Hi Banzai,
would it possible to share that session indicator, please ? Visually very pleasing with different colour background.
cheers
hannele


Re: Trend Indicators for MT4

#656
Dear mladen, Mrtools, and community ppl here
I have an idea

please take a look at this zigzag indicator :
zigzag value.png
i dont wanna talk about the zigzag,
it's the total pip value between ZZ which is a very nice past information

can u implement this "total pip value" into ptl indicator? (I found it here : viewtopic.php?p=1295351640)
this will really help me to evaluate all the 28 pairs in the past

i will upload both source files needed
thanks

**if "total pip value" between buy signal and sell signal is minus, then no prob (maybe this will happen in ranging market)
ZigZagWithValue.mq4
(8.17 KiB) Downloaded 198 times
ptl 2.07 alerts.mq4
(11.66 KiB) Downloaded 180 times

Re: Swing Line indicator

#657
Jimmy wrote:
Mon Nov 12, 2018 4:31 pm
Here is Mladen's ingeniously coded Swing Line set of indicators fixed for MT4 1090.

Originally created by Ron Black, the Swing Line indicator was originally presented in Ron Black’s article in this issue (“Getting Clear With Short-Term Swings”).
Hi . does this repaint?

Re: Trend Indicators

#658
mntiwana wrote:
Fri Sep 14, 2018 5:24 pm
I think this and some other such kind of indicators belongs to Filters family indicators but experts can better explain
for example
FATL,- fast adaptive trend line
SATL - slow adaptive trend line
FTLM - fast trend line mom
STLM - slow trend line mom
RFTL - reference fast trend line
RSTL - reference slow trend line

FATL (Fast Adaptive Trend Line)– is formed with the digital filter of the low frequency FLF - 1. Filter FLF – 1serves to suppress noises of high frequency and market cycles with very short periods of oscillation that can be considered as noise - Fast Adaptive Trend Line (suppression of high-frequency noise market cycles with very short periods of fluctuation)
fatl-plusback-indicator.mq4
(16.46 KiB) Downloaded 180 times
GBPJPYM15.png

Re: Trend Indicators

#659
Fast Trend Line Momentum (FTLM) and Slow Trend Line Momentum (SLTM) indicators show the rate of price change, FATL and SATL are calculated the similar way as Momentum indicator:

FTLM(bar) = FATL(bar) – RFTL(bar)
STLM(bar) = SATL(bar) – RSTL(bar)

where:

FATL(bar) - FATL digital filter;
RFTL(bar) - RFTL digital filter;
SATL(bar) - SATL digital filter;
RSTL(bar) - RSTL digital filter;

The main difference FTLM from the classic Momentum indicator is the following: it uses the close prices, processed by digital fiters instead of close prices itself. As a result, FTLM looks smoothed and regular, in contrast with classic Momentum technical indicator.
SATL and RSTL filter coefficients.png


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