Of usage
Almost a system :
- OS support/resistance with smoothType set to 5
- OS ma (default setting)
- OS trend (default settings)
The rest is up to you
just one question: is gaussian trend a MTF?
...
Yes. It takes 4 time frames into account :
1. current
2. current+1
3. current+2
4. current+3
meaning (for example on 15 min chart):
-15 min time frame
- 30 min time frame
- 1 H time frame
- 4 hour time frame
it shifts time frames deppending on current time frame
just one question: is gaussian trend a MTF?
Looks interesting, is there any explanation available in english?
Off
mladen
Sorry for offtop, but what's the name of indi, that draws info about currency pair in top right corner of your shots? If you share it, I would appreciate it.
mladen Sorry for offtop, but what's the name of indi, that draws info about currency pair in top right corner of your shots? If you share it, I would appreciate it.
Daily data https://www.mql5.com/en/forum/178698
Thanks for sharing, mladen.
Nice work, as usual.
Looks interesting, is there any explanation available in english?
yes, please, Mladen
p.s. - and ... it's just (only) one side?
...
Nothing much to explain :
It is a kind of smoothing lines (taken generally from smoothing surfaces). Smoothing chosen prices by some coefficient does make it a kind of moving average. The interesting part is that this MA (One side gaussian MA) can be compared (value wise) to some famous repainters (snake, for example) but it does not repaint
Additional explanation : I thought that it is enough to post that picture of a so called "system" to show how it can be used.
One more with "entry candidates" shown (when OS gaussian MA crossesthe OS gaussian SR middleline - the trend should be used as general trend (or direction) confirmation indicator. But as I said, it is completely up to you how you are going to use it. I find that it can be fairly usefull on a 15 min EURUSD chart (that is the only pair I trade - the rest of pairs do show similar possibilities, but do not take my word for it )
yes, please, Mladen p.s. - and ... it's just (only) one side?
Hello from the author!
Hi 2 all.
Good job! I was very pleased to see my idea being developed.
It was my first indicator and it was my first code written in MQL, so thanx for the code refactoring, i like it very much.
Hope, this idea helps you and will be useful.
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
Original idea for one side gaussian can be found here: Support \ Resistance - MQL4 Code Base
As usual, the idea is a very good one, but code needed some brushing
what has been done :
- completely rewritten library ( )
- completely rewritten Support/resistance indicator
- completely rewritten Rate indicator
new :
- One side gaussian moving average
- One side gaussian trend
pictures :
1. One side gaussian support/resistance
2. One side gaussian rate
3. One side gaussian MA
4. one side gaussian trend
indicators and library on next post