Mladen Rakic / Profile
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7+ years
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Mladen Rakic
Left feedback to customer for job Dll file update
David
I am glad that I could help.
regards :)
Mladen Rakic
Left feedback to customer for job A pre-made indicator does not read the values of the 1st previous (closed) candle properly
It has been a pleasure to work with you :)
Mladen Rakic
Published code Schaff Trend Cycle
The Schaff Trend Cycle (STC) indicator detects up and down trends long before the MACD. It does this by using the same Exponential Moving Averages (EMAs), but adds a cycle component to factor currency cycle trends. Since currency cycle trends move based on a certain amount of days, this is factored into the equation of the STC indicator to give more accuracy and reliability than the MACD.
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![Chris Mukengeshayi Chris Mukengeshayi](https://c.mql5.com/avatar/2017/12/5A32DC65-BBB8.jpg)
![Indanguang Samrow Panmei Indanguang Samrow Panmei](https://c.mql5.com/avatar/2015/9/55F1FB59-B9D3.jpg)
Indanguang Samrow Panmei
2018.03.28
nice job.donchian indi in mt5 will also be for slowly shifting to mt5 ;D
![Indanguang Samrow Panmei Indanguang Samrow Panmei](https://c.mql5.com/avatar/2015/9/55F1FB59-B9D3.jpg)
Mladen Rakic
Published code MACD of average
This is a MACD that can use average for input price instead of using "pure" price. That can help in filtering some false signals, but the main purpose of this code is to show how simple some things can be done using MetaTrader 5. In addition to all usual options when it comes to this type of indicators, option to have color changes based on MACD slope change or MACD crossing signal line.
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Mladen Rakic
Published code RSI of average
A very well known RSI of average is made with, all in all, 3 lines of a code in a main loop (color assignment on RSI slope change included in those 4 lines). This one can be used as template for some other indicator and can provide a simplicity solution for those that think that everything is very complicated in MetaTrader 5.
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Mladen Rakic
Published code Stochastic of T3
This version of Stochastic Oscillator reduces the number of false alerts by smoothing the price prior to be used in the stochastic calculation. That makes a nice smooth stochastic as a result that can easily be used for trend trading systems.
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Mladen Rakic
Published code Hull MACD
This version of MACD uses Hull Moving Average for MACD calculation instead of using EMA (as the original Gerald Appel version does). That makes it "faster" than the EMA version and suitable for scalping techniques as well as for trending techniques (if longer calculation periods are used).
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Mladen Rakic
Published code Point of Balance
The indicator shows current trend by showing a color of the current balance. The opposite color is not displayed as long as it does not become a trend (hence, lack of color, means the opposite trend is the prevailing)
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Mladen Rakic
Published code Inverse Fisher CCI
CCI is a very useful indicator. But it lacks one thing: known bounds. Adding Inverse Fisher Transform to CCI makes it oscillate in known bounds, and that way it can help in assessing what is exactly going on with the markets.
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Mladen Rakic
Published code Volume Average percent
This version is a sort of normalized version - since it shows Volume as a percent compared to the Average Volume over a chosen period.
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Mladen Rakic
Published code Volume Average
Long known volume analysis method.
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![Mohammad Majidi Mohammad Majidi](https://c.mql5.com/avatar/2015/12/56728265-A227.jpg)
Mohammad Majidi
2019.10.26
Hi Mladen ; How can I use this indicator as a Custome indicator for an ea ?
Mladen Rakic
Published code 3 MAs Market
Indicator that shows the current estimated state of the market based on a correlation of 3 Moving Averages.
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Mladen Rakic
Published code Chande's DMI (Dynamic Momentum Index)
The Dynamic Momentum Index (DMI) is a variable term RSI. When default values are used, the RSI term varies from 3 to 30. The variable time period makes the RSI more responsive to short-term moves. The more volatile the price is, the shorter the time period is. It is interpreted in the same way as the RSI, but provides signals earlier.
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Mladen Rakic
Published code ZigZag separate
ZigZag separate is a MetaTrader 5 version of one indicator that was floating around the net as a wonder indicator for MetaTrader 4.
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Mladen Rakic
Published code Fractal Adaptive MACD
Fractal Adaptive Moving Average Technical Indicator (FRAMA) was developed by John Ehlers. This indicator is constructed based on the algorithm of the Exponential Moving Average, in which the smoothing factor is calculated based on the current fractal dimension of the price series. The advantage of FRAMA is the possibility to follow strong trend movements and to sufficiently slow down at the moments of price consolidation.
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Mladen Rakic
Published code Instantaneous Trend Line bands (generalized)
This version extends the Instantaneous Trend Line indicator with a sort of bands to make it easier to spot trend change and to filter out some false signals that can be produced if only the slope of the ITL indicator is takes for a signal. And it also differs from the original in one important part: instead of using fractional alpha parameter for calculation, this version uses period which makes it the same category as averages are and the usage becomes a bit more intuitive than the original version.
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Mladen Rakic
Published code Instantaneous Trend Line (generalized)
This version differs from the original Instantaneous Trend Line in one important part: instead of using fractional alpha parameter for calculation, this version uses period which makes it the same category as averages are and the usage becomes a bit more intuitive than the original version.
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Mladen Rakic
Published code Instantaneous Trend Line Bands
This version extends the Instantaneous Trend Line indicator with a sort of bands to make it easier to spot trend change and to filter out some false signals that can be produced if only the slope of the ITL indicator is takes for a signal.
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![Gazi Deen Islam Gazi Deen Islam](https://c.mql5.com/avatar/2020/9/5F562F38-2EE5.png)
Mladen Rakic
Published code Instantaneous Trend Line
Instantaneous Trend Line is one of the series of indicators created by John Ehlres.
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![mesuteryilmaz mesuteryilmaz](https://c.mql5.com/avatar/2019/6/5CF58A50-ECA3.jpg)
Mladen Rakic
Published code Stochastic DeMarker
This version of DeMarker indicator uses the "help" of smoothed Stochastic to emphasize the states of DeMarker and to help in easier trend assessment.
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