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Blau Ergodic TVI 3
In the mean time ...
Blau ergodic tvi (in general almost all William Blau's indicators) is using EMA for calculation. This is an exploration how would a tick volume indicator (TVI) "behave" with some other times of smoothing used instead of EMA. Added the usual set ot 18 types of averages so one can experiment what kind of a result can one get from some smoothing type.
As an example : default parameters, using SMMA
updated and upgraded version posted here: https://www.mql5.com/en/forum/general
Stoch AM with ema deviations : stocham__ema_deviations_nmc.mq4
Originally it was posted here : https://www.mql5.com/en/forum/general
biddick
Using deviations for adapting indicators has its cost : it has to be normalized first and normalization always "deforms" values. Anyway, in the example that you provided us (from the link) inserted ema deviations as source option 3 (so the option that was 3 (it is saying close, but it is actually an EMA or a simple moving average of close)) becomes 4 so try it out (for longer periods it looks like this) Did not change or alter the rest of the code in any other wayAs of making RSX adaptive : a short definition of it would be that RSX is a smoother RSI. Like any RSI, RSX too suffers from the "long period illness" : the longer the period, the flatter the value (flattening around 50) and that makes the range of periods usable (some studies go even to the extent that RSI over the period of 10 is not usable) much narrower and very, very limited
regards
Mladen
Mladen,
Addition to this , can we use the EMA deviation as a modifier(adaptor) for indicators?If yes is it possible for you to give an RSX example?
I have seen a similar idea(stochastic modified with standart deiviation) in Russian side of the mql code base : С�‚о�…ас�‚ик, мод�ƒли�€ованн�‹й по ампли�‚�ƒде но�€ми�€ованной вола�‚ил�Œнос�‚�Œ�Ž. - MQL4 Code Base
Many thanks.Updated version posted here : https://www.mql5.com/en/forum/general
Mrtools ,
Is it possible for you to code this formula as an oscilator thanks.?
(3*Close) – (2*High) – (2*Low) + Open
Mrtools ,
Is it possible for you to code this formula as an oscilator thanks.?
(3*Close) – (2*High) – (2*Low) + Opennevar
Here you go
osc.mq4
BB stops EMA deviations : bb_stops_-_ema_deviations_nmc.mq4
Originally it was posted here : https://www.mql5.com/en/forum/general
biddick
Here is a EMA deviations variation of Bollinger bands stopAs of the rest : if I understand correctly by "dynamic levels" you mean dynamic zone levels. Dynamic zone levels are about probability of a value becoming some other value. EMA deviations are something completely different. Also, cfb is an indicator determining if there is a trend or not (when rising there is a trend when falling there is no trend), which again is a completely different then EMA deviations
regards
Mladen
Mladen ,
Could it be possible for you to make band stop indicator like bollinger band stop indicator from EMA deviation?
You said Using deviations for adapting indicators has its cost : it has to be normalized first and normalization always "deforms" values but was this not the issue with using cfb as an adaptor?
Last one ,is it possible to use the ema deviations as dynamic levels for indicators(like those ones in advanced elite)?Thanks.Updated version posted here : https://www.mql5.com/en/forum/general
nevar Here you go
Thank you Mladen,
Can you add std devs.(+-) as threshold ?
By the way when I am typing posts in TSD I have to hit the alphabet letters 2-3 times on the keyboard.Tis is happenning in diffrent computers I am using.
Thank you Mladen,
Can you add std devs.(+-) as threshold ?
By the way when I am typing posts in TSD I have to hit the alphabet letters 2-3 times on the keyboard.Tis is happenning in diffrent computers I am using.nevar
Here is a version with standard deviations added. Two modes : the default is mode useful (in my opiniopn - DeviationsMode 0, and the other is a classical deviations bands) osc__stdev_bands.mq4
Fx Snipper's Ergodic CCI Trigger histo bars mtf from here: https://www.mql5.com/en/forum/general made compatible with new mt4 builds.