Experiments ... - page 66
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That was something I used for me internaly
Here is a version without it :
can you please add new averages methods and some kind of filtering method too
thanks
Hello Mladen
can you please add new averages methods and some kind of filtering method too
thanks
Here is the upgraded version (still eeping the "generic" Wilders' ema - for the sake of clarity). New set of averages and new set of prices added. No filters for now (have to think what exact points to use for filtering since there are much more points than it looks at the first sight)
Here is the upgraded version (still eeping the "generic" Wilders' ema - for the sake of clarity). New set of averages and new set of prices added. No filters for now (have to think what exact points to use for filtering since there are much more points than it looks at the first sight)
thanks for upgraded to newest averages and prices
This is one more experiment
One version of super trend is actually what was known as atr stops (as described here :
Theory
All stops attempt to limit risk by placing orders to exit a trade if price moves in the wrong way. Some traders simply use a percentage; others use technical levels such as support, resistance and trendlines. Still others use complicated formulas using indicators and price action together (if indicator crosses X then exit).
ATR Trailing Stops are based on average true range, which itself attempts to consider period to period changes as well as the range for the current period. By doing so, it incorporates volatility into the mix so that stops for more volatile stocks are wider and stops for more sedate stocks are narrower.
Interpretation
The Average True Range Trailing Stop is similar to other trailing stop methods. As long as price action remains above the stop in up trends and below it for down trends, the position is held. As soon as price crosses the stop, the position is exited.
This version is attempting to add some life to that old indicator (old because it seems that it was neglected for a long time).
For start this version adds the choice what can be used for values calculations (with that choice it starts to "deserve" different name then atr stops, since now it is not just using atr. This version can use :
and will be added some more options as they emerge as usable option for this type of indicator.
As an example : the green/orange is using atr and the blue/red is using standard deviation (all the rest of the parameters is the same). Used default parameters just for the example - parameters experimenting is advised as usual - but as it is obvious, the difference can be significant
Here is the upgraded version (still eeping the "generic" Wilders' ema - for the sake of clarity). New set of averages and new set of prices added. No filters for now (have to think what exact points to use for filtering since there are much more points than it looks at the first sight)
This is one more experiment
One version of super trend is actually what was known as atr stops (as described here :
This version is attempting to add some life to that old indicator (old because it seems that it was neglected for a long time).
For start this version adds the choice what can be used for values calculations (with that choice it starts to "deserve" different name then atr stops, since now it is not just using atr. This version can use :
and will be added some more options as they emerge as usable option for this type of indicator.
As an example : the green/orange is using atr and the blue/red is using standard deviation (all the rest of the parameters is the same). Used default parameters just for the example - parameters experimenting is advised as usual - but as it is obvious, the difference can be significant
New experiment = New great ideas,
Mladen's Ideas have no end,
God bless you
This is one more experiment
One version of super trend is actually what was known as atr stops (as described here :
This version is attempting to add some life to that old indicator (old because it seems that it was neglected for a long time).
For start this version adds the choice what can be used for values calculations (with that choice it starts to "deserve" different name then atr stops, since now it is not just using atr. This version can use :
and will be added some more options as they emerge as usable option for this type of indicator.
As an example : the green/orange is using atr and the blue/red is using standard deviation (all the rest of the parameters is the same). Used default parameters just for the example - parameters experimenting is advised as usual - but as it is obvious, the difference can be significant
Dearest MLADEN
yes,it is faster,i compared it with "SuperTrend averages 2.4" but it do not match with any combination,almost different calculation (standard deviation) some times it came close to tema,some times to dema.
may be newest averages and prices help it more useful :)
i do not understand why filter is not working within "SuperTrend averages 2.4",attached ..... it is already with 36 averages 20 prices,adaptive,ds,7display options and much more.
regards
Here is the upgraded version (still eeping the "generic" Wilders' ema - for the sake of clarity). New set of averages and new set of prices added. No filters for now (have to think what exact points to use for filtering since there are much more points than it looks at the first sight)
This is one more experiment
One version of super trend is actually what was known as atr stops (as described here :
This version is attempting to add some life to that old indicator (old because it seems that it was neglected for a long time).
For start this version adds the choice what can be used for values calculations (with that choice it starts to "deserve" different name then atr stops, since now it is not just using atr. This version can use :
and will be added some more options as they emerge as usable option for this type of indicator.
As an example : the green/orange is using atr and the blue/red is using standard deviation (all the rest of the parameters is the same). Used default parameters just for the example - parameters experimenting is advised as usual - but as it is obvious, the difference can be significant
Extending it a bit more :
This version has the additional :
in the option of how the "super trend" should be calculated
Also, don't be surprised that there are two more lines displayed : those are the "candidates" that will become the starting points of next trend change support (if the trend changes, of course). This way it should be a bit more "visual" what exactly is happening, and what should we pay attention to when using this indicator
Found an interesting idea for super trend (in this file : https://www.mql5.com/en/forum/173574/page766 ) and decided to add it as an option to super trend (since the idea seems to be good).
The idea is to calculate middle price not using just one bar high and low but for a certain period of bars. It does not cause repainting, but changes the results enough to be considered as a good idea. If that period is set to 1 or less, then the calculation is exactly the same as the "old" super trend. Some experimenting with parameters is, as usually, advised
Some more changes to the "experiment" made (check the "gray lines")