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A few indicators, relatives of XMA, but not quite. The logic of calculation is different . Just the rendering is similar.
Only one parameter is used -porog
All calculations are based on the fractional change of price. That's why indicator readings are not very strong when timeframe changes. Although, it all depends on a set threshold
The first one by close prices
The second works better in my opinion. Price movement within a bar is also taken into account
The third option is something like a canal. Although not exactly a channel. Not a canal at all, to be exact.
Another relative. Although not quite any more. Same MACD, but relative values are used. Which allows obtaining values of the same order on any instrument
Several indicators related to XMA....
but if we add one more parameter
and at the very end before return the loop like this
then you get a nice smoothed graph (red):
I'll add a channeler to complete the collection.
Hi, could you tell me if it's possible to display Stochastic indicators of different timeframes in one window? Or maybe there is such a modification of this indicator?
))
Hi, could you tell me if it's possible to display Stochastic indicators of different timeframes in one window? Or maybe there is such a modification of this indicator?
))
Maybe there is, I did not do it.
Hi, could you tell me if it's possible to display Stochastic indicators of different timeframes in one window? Or maybe there is such a modification of this indicator?
))
You can see something like this here: https://www.mql5.com/ru/code/9352
Hi, could you tell me if it's possible to display Stochastic indicators of different timeframes in one window? Or maybe there is such a modification of this indicator?
))
Will it do?