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- 6683
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- Published:
- 2018.09.19 10:35
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Basics :
This indicator is using the well known JMA (Jurik Moving Average) to calculate a sort of a generic trend. The way it calculates it :
- it calculates the jma of high
- it calculates the jma of low
- it calculates the jma of close
- it calculates the jma of typical price (high+low+close)/3 - the "generic" value (it s not the same as (jma(high)+jma(low)+jma(close))/3 hence the name "generic")
- the slope of the "generic" depends on the slopes of the first 3 valuse
- if all are sloping up the color of the "generic value is the color for up
- if all are sloping down the color of the "generic value is the color for down
- otherwise the color of the "generic' is indicating neutral (thus filtering out some potential false signals)
Usage :
You can use the color of the "generic" value as a signal. Also, the colors of the other 3 jmas can be used as early warnings fo potential trend change or reversal
![Step chart of RSX of average](https://c.mql5.com/i/code/indicator.png)
Short description.
![Volatility Indicator](https://c.mql5.com/i/code/indicator.png)
Great indicator for Time series analysis as shows stationary properties. Indicator calculates the difference between a 14 period Double exponential moving average and price closes. Great to help identify unusual price activity.
![RSX of alb average](https://c.mql5.com/i/code/indicator.png)
RSX of adaptive lookback average
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Expert advisor uses the difference between bar closes and a close moving average to detect unusual activity, it will then buy arbitrary volatility spikes. This is a prototype that I will be expanding on in the future, at the moment the user can input an arbitrary level to buy at. In future developments I plan on building a neural network in the EA that detects and compares volatility levels.