Re: MT5 Moving Averages (MAs)

51
From Mladen Rakic:

NET (Noise Elimination Technology) - a sort of a rolling Kendall rank correlation coefficient -was introduced in one of the rsi indicators posted at this code base.

Now it is used to determine the "trend" of a simple moving average. As such, it is not same with the slope of SMA and do not be surprised that the slope and the trend color change are going to deviate sometimes

Recommendations:
*You can use the color change of the indicator for possible trend changes
*some experimenting (especially with NET period) is advised prior to using this indicator for trading decisions
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太虚一毫


Re: MT5 Moving Averages (MAs)

52
mrtools wrote: Tue Dec 28, 2021 2:29 pm From Mladen Rakic:

NET (Noise Elimination Technology) - a sort of a rolling Kendall rank correlation coefficient -was introduced in one of the rsi indicators posted at this code base.

Now it is used to determine the "trend" of a simple moving average. As such, it is not same with the slope of SMA and do not be surprised that the slope and the trend color change are going to deviate sometimes

Recommendations:
*You can use the color change of the indicator for possible trend changes
*some experimenting (especially with NET period) is advised prior to using this indicator for trading decisions
There is 1 error, 0 warning while compiling

Re: MT5 Moving Averages (MAs)

55
From Mladen Rakic:

Reason to post this is simple : saw some vwap (Volume-Weighted Average Price) indicators that are, execution wise, horribly slow
This version is not (slow) and is as simple to use as it gets (3 parameters, 1 buffer) and also can calculate any time frame vwap (including some that do not exist in the MT5 supported time frames either)


PS: unlike some other multi time frame indicators, there is no recalculation whatsoever in this indicator (regardless of the time frame used)
These users thanked the author mrtools for the post (total 6):
RodrigoRT7, rudiarius, pfxi, 太虚一毫, alexm, DaffyTaffy


Re: MT5 Moving Averages (MAs)

57
Kaufman's Adaptive Moving Average (KAMA)

Developed by Perry Kaufman, Kaufman's Adaptive Moving Average (KAMA) is a moving average designed to account for market noise or volatility. KAMA will closely follow price when the price swings are relatively small and the noise is low. KAMA will adjust when the price swings widen and follow price from a greater distance. This trend-following indicator can be used to identify the overall trend, time turning points, and filter price movements.

I've Included ATR bands, for No Nonsense Forex Traders. ATR is based on Wilders original calculations, meaning the ATR smoothing is via a rolling moving average and not some made-up garbage.

Indicator can be used as a BASELINE for NNFX traders.

I've also included an entire set of price derivatives to choose from.

Please don't ask me to amend this indicator for Alert notifications. My answer is and always will be DIY...

For use in an EA, buffer numbers are as follows: 0 - KAMA_LINE, 1 - UPPER_ATR_LINE, 2 - LOWER_ATR_LINE.
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mhipolito
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Bàn rénmǎzuò

If you enjoy my work please hit the like button, to show some support.
All comments, criticism, advise or general ideas are more than welcome. In fact its crucial to have a continues learning / developing mechanism not just for me but all fellow market enthusiasts.

Re: MT5 Moving Averages (MAs)

60
太虚一毫 wrote: Wed Apr 27, 2022 12:11 am AMA (filtered - histo) is Mladen Rakic's masterpiece. :thumbup:
Teachers can consider adding buttons.
AMA (filtered) [on/off buttons]

Released date: December 20th, 2018
Coder: Mladen

Theory :

In “Adaptive Moving Averages” in this issue (Technical Analysis of Stocks & Commodities, April 2018), author Vitali Apirine introduces an adaptive moving average (AMA) technique based on Perry Kaufman’s KAMA (Kaufman adaptive moving average). His update to the original KAMA allows the new method to account for the location of the close relative to the high–low range. The author describes a trading system that combines the AMA and KAMA, suggesting that the combination may reduce the number of whipsaws relative to using either moving average by itself.

The indicator is coded exactly as it is described by Vitali Apirine (including the usage of high and low prices for adapting). But in order to make it easier to use it in a "classical way" (ie: using some sorts of signals that we can get from it), this version has additional filter to make the slope change color changes less frequent and thus to make false signals appear in fewer occasions

Usage :

It can be used as any regular moving average (or, for the users of KAMA - Perry Kaufman's AMA, as a "faster" substitute of KAMA). Also, you can use the color change of this indicator as signal.
These users thanked the author Banzai for the post (total 3):
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