Dsl (discontinued signal lines) – rsx – indicator MetaTrader 4

Dsl (discontinued signal lines) - rsx - indicator for MetaTrader 4
RSX is by it’s nature “smoother RSI than RSI” without additional lag and because of that it has much less signals than the RSI. RSX is mainly used in combination with levels or with a sort of signal lines. Some prefer the levels some, on the other hand, “signal” line. We could dispute which one … Read more

Trend trigger factor – discontinued signal line(s) – indicator MetaTrader 5

Trend trigger factor - discontinued signal line(s) - indicator for MetaTrader 5
Theory : Trend Trigger Factor was described by M.H. Pee in the Technical Analysis of Stocks and Commodities magazine in December, 2004. Usually the indicator is added some sort of smoothing in order to filter out the false break results. This version : It is using averages filter out prices prior to being used in … Read more

Market mode – discontinued signal lines – indicator MetaTrader 5

Market mode - discontinued signal lines - indicator for MetaTrader 5
Theory : John Ehlers uses bandpass filter (originally published here : Bandpass Filter) to calculate what can be called a “market mode”. The method used for that is to calculate an average of peaks and valleys and if the bandpass filter is above or bellow those levels, the market mode is determined with relative position … Read more

McClellan Oscillator – smoother with discontinued signal lines – indicator MetaTrader 5

McClellan Oscillator - smoother with discontinued signal lines - indicator for MetaTrader 5
Theory : McClellan oscillator, as is (originally published here : McClellan Oscillator Smoother) is a bit difficult to use due to lack of obvious signals. This version is adding discontinued signal lines to it in order to help finding signals in an easier way Usage : You can use color changes as signals McClellan Oscillator … Read more