InfoRe: Chaos Visual Averages Indicators for MT4

64
Jimmy wrote: Sun Aug 13, 2017 4:07 pm Chaos Visual Averages (Haos Visual Averages) Indicators for MT4

One of the biggest mistakes trading novices make is that they try to generate as much information as possible from one chart by using many unnecessary indicators. The result is a chart full of lines, squiggles and all sorts of nonsense which gives the trader a conflicting story.
Such on-screen "fuss" confuses a new trader forcing them to open or hold onto unprofitable positions until the dreaded Margin Call is announced.

Keep it simple they say. But how?

By using the Chaos Visual Averages indicator by Mladen.
Not only does Mladen's indicator produce the most accurate reversal signals to date, the indicator allows a trader to easily join the trend and take counter-trend trades back into the direction of the trend.

If a trader chooses to work with Chaos, the trader should have a clean chart and not use additional oscillators, as they are all already included in Visual Chaos.

Tip: A simple and winning system using Chaos can be made by marking Weekly and Daily Support and Resistance lines and counter-trend trading the approaching bounces off those support and resistance lines using the Overbought Extreme and Oversold Extreme signals of the 15 minute Chaos.

Pros:
  • Uncanny accuracy in detecting reversals.
  • Visually pleasing and easy to see market conditions.
  • Can be used as a trend trading indicator or a counter-trend trading indicator.
  • Strong back-testing results (almost 95% accuracy on "Extreme" signals).
  • An "all-in-one" indicator which can be used to trade for a living.
Cons:
  • Even with Overbought "Extreme" and Oversold "Extreme" conditions the indicator can sometimes cause you to trade in the reverse direction of a very strong trend causing large drawdowns before price eventually reverses.
  • Overbought "Extreme" and Oversold "Extreme" signals can be few and far between when trading on the 15 minute timeframe and higher. To counter this it's recommended to trade at least 8 Major pairs to receive "Extreme" signals often.
Hi Jimmy,
Can you please make this indicator with only Extreme OB & OS levels shown? I tried to incorporate this indicator into an EA, but the back-testing was super slow and messed up in visual mode. I am unsure if I got the indicator buffers wrong. Thank you for your time. :)
Attachments

Re: Chaos Visual Averages Indicators for MT4

65
schemman wrote: Thu Nov 07, 2019 5:16 am

Hi Jimmy,
Can you please make this indicator with only Extreme OB & OS levels shown? I tried to incorporate this indicator into an EA, but the back-testing was super slow and messed up in visual mode. I am unsure if I got the indicator buffers wrong. Thank you for your time. :)
what version is it? if you share, i share other good extreme that i found in this forum


Re: Chaos Visual Averages Indicators for MT4

67
Fabio.g wrote: Wed Sep 06, 2017 7:35 am Hello everyone,

would you be so kind to tell me which are the buffers for when the histograms are shown, please?

and could you attach the new list of averages for 1.43, i have an old one

Code: Select all

enum enMaTypes
{
   ma_adxvma,  // Adxvma
   ma_ahr,     // Ahrens moving average
   ma_alxma,   // Alexander moving average - ALXMA
   ma_dema,    // Double exponential moving average - DEMA
   ma_dsema,   // Double smoothed exponential moving average - DSEMA
   ma_emas,    // Ema derivative - EMAD
   ma_ema,     // Exponential moving average - EMA
   ma_hull,    // Hull moving average - HMA
   ma_ie2,     // IE/2
   ma_ie_2,     // IE/2
   ma_ilinr,   // Integral of linear regression slope
   ma_itl,     // Instantaneous trendline
   ma_lagg,    // Laguerre filter
   ma_lead,    // Leader exponential moving average
   ma_linr,    // Linear regression value - LSMA
   ma_lwma,    // Linear weighted moving average - LWMA
   ma_mcg,     // McGinley Dynamic
   ma_mcma,    // McNicholl ema
   ma_nlma,    // Non lag moving average
   ma_pwma,    // Parabolic weighted moving average - PWMA
   ma_rmta,    // Recursive moving trendline - RMTA
   ma_sma,     // Simple moving average - SMA
   ma_sine,    // Sine weighted moving average
   ma_smma,    // Smoothed moving average - SMMA
   ma_smoo,    // Smoother
   ma_ssm,     // Super smoother
   ma_b3p,     // Three pole Ehlers Butterworth
   ma_s3p,     // Three pole Ehlers smoother
   ma_tma,     // Triangular moving average - TMA
   ma_tema,    // Tripple exponential moving average - TEMA
   ma_b2p,     // Two pole Ehlers Butterworth
   ma_s2p,     // Two pole Ehlers smoother
   ma_vema,    // Volume weighted ema - VEMA
   ma_vwma,    // Volume weighted moving average - VWMA
   ma_zldema,  // Zero lag dema
   ma_zlma,    // Zero lag moving average
   ma_zltema   // Zero lag tema
};
Please let me know if you found a solution yet.

Re: Chaos Visual Averages Indicators for MT4

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mladen wrote: Sat Jan 13, 2018 11:03 pm

That (that the mt4 is not going to be supported any more) was decided a few years ago - and still we use mt4
And we still use the MT4 :lol: :lol: :lol: .
There are just too many good indicators for the MT4 for technical analysis that does not exist for the MT5. (Thank Forex-Tsd, Trade-Station, etc.)
Unfortunately, there are no more updates for the MT4, but we don t give up the MT4 that fast :hug: :thumbup: .
Work hard,make much Money,but always stay social and correct for all living things.

Re: Chaos Visual Averages Indicators for MT4

69
Hello, thank you for sharing this indicator. I am trying to use it as a trend entry confirmation, but I don't understand what I should be looking for as entry criterias. I am looking at the second version shared in the thread, the one with the grey histogram and the grey line. At first, I assumed the entry trigger was based on a zero line cross from the histogram, but then you mentioned the red line going into OB and OS and using that to be ready for a signal. I don't understand this part.

Re: Chaos Visual Averages Indicators for MT4

70
Jimmy wrote: Mon Aug 14, 2017 4:35 pm This is the Optimized Haos Visual Averages version which was released prior to the Chaos Visual Averages.
As this was already optimized, this version of Haos's "Extreme" signals are identical to Chaos Visual Averages "Extreme" signals from the first post.

Tip: This version is ideal for traders using Haos/Chaos as a trend trading indicator as it easily outlines the overall trend in grey.
When the thin red line has ventured away from the grey histogram columns (trend) and moves near the -30 Oversold or +30 Overbought areas, you can prepare to enter a trade in anticipation for price to join back in the direction of the overall trend (grey histogram columns).
Grey histogram columns above the 0 line indicate an uptrend and grey histogram columns that are below the 0 line indicate a downtrend.
I know there is noway to get the the haos's mql4 version but is there a way to buy it, i know it's priceless masterpiece but i think i could made it more efficient.


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