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Re: Trend Indicators

#661
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.
FATL and RFTL filter coefficients.png


Re: Trend Indicators for MT4

#662
From the land of the rising sun.

Here's the Google Translation:
Trend_Power_Combo

Trade style: Any
Tool Type: Analysis
Genre: Auxiliary tool
Recommended currency pairs: all currencies
Hours: All hours
Recommended market: None

Overview
Point each numerical value of several indicators
A tool for judging the strength of trends

Which market is in the uptrend, downtrend range of the current market?
And if a trend is occurring
You can judge how strong it is

The more meters in the indicator, the stronger the trend
In addition, it can be judged as an upward trend by increasing the meter above, and a downward trend if it increases below

Parameter introduction
HistorySize: 1000
→ You can set the number of candlesticks to display Trend_Power_Combo

Trend_Filter: Pattern1
→ You can set the response to Trend_Power_Combo trend
Pattern 0 → Let's look at the strength of fine trends
Pattern 1 → Look at the strength of the average trend
Pattern2 → Look at the strength of the big trend

Comments from the producer
An analysis tool that can quickly determine the strength of a trend

This tool alone can be used for entry and payment,
We also recommend that you add this to your discretion!
Trend_Power_Combo.ex4
(16.31 KiB) Downloaded 371 times
EURAUDM15_20200110b.png
Trend_Power_Combo01.png

Re: Trendalt Alert

#665
Jimmy wrote:
Tue May 07, 2019 11:01 pm
This was previously requested by Moey and I had some troubles finding it in the archives but this is the version that was uploaded by Mladen in around 2016.
Hi Jimmy,

Thanks for the trendalt_Alert indicator. I plan to see how it works on M1 chart but could you please help confirm if the indicator repaints? I see some posts saying some versions repaint. However, I'm not sure if this includes the mladen version you posted. Thanks again.




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