Extended

Deviation scaled MA – extended – indicator MetaTrader 5

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Deviation scaled MA - extended - indicator for MetaTrader 5
Theory : The original of deviation scaled ma was originally published here : Deviation Scaled MA with some more explanation. That original is using what Ehlers calls a “filer” which is simply a difference between close and a close of 2 bars ago. That is all OK – as long as you use close price … Read more

Vervoort’s crossover – extended – indicator MetaTrader 5

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Vervoort's crossover - extended - indicator for MetaTrader 5
Theory : Sylvain Vervoort’s article in May 2008 issue of TASC , “The Quest For Reliable Crossovers,” describes a trading system based on three functions: the triple exponential moving average (TMA), the heikin-ashi close (haC), and the “typical price” (TypicalPrice). Vervoort’s strategy trades the crossover of the typical price and heikin-ashi TMAs In order to … Read more

EMA to SMA MACD – extended – indicator MetaTrader 5

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EMA to SMA MACD - extended - indicator for MetaTrader 5
Theory : The idea comes from another trading platform. They called it differently there, but the name here reflects exactly what it is all about. The idea is simple : we are counting on a fact that EMA (Exponential Moving Average) is “faster” from SMA (Simple Moving Average). That way a “MACD” is constructed using … Read more

Extended normalized RSI – indicator MetaTrader 5

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Extended normalized RSI - indicator for MetaTrader 5
Theory : Reasons for applying min/max normalization on RSI were explained here : Normalized RSI . This version is adding some options that can help using the indicator for trading decisions : multiple choice of color changes (on outer levels cross, on level 50 cross or on slope change) and some visual aids that can … Read more

Extended normalized RSI – on chart version – indicator MetaTrader 5

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Extended normalized RSI - on chart version - indicator for MetaTrader 5
Theory : Reasons for applying min/max normalization on RSI were explained here : Normalized RSI . This version is adding some options that can help using the indicator for trading decisions : multiple choice of color changes (on outer levels cross, on level 50 cross or on slope change) and some visual aids that can … Read more

Corrected double smoothed Wilder’s EMA (extended version) – indicator MetaTrader 5

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Corrected double smoothed Wilder's EMA (extended version) - indicator for MetaTrader 5
Theory : This indicator is a “corrected” version (using dr. Alexander Uhl’s method for correcting an average) of Wilder’s double smoothed EMA Also it is adding floating levels to the indicator. That way you have 4 choices for color changes : change color when outer floating levels are crossed change color when middle floating level … Read more

Asymmetric bands oscillator – extended – indicator MetaTrader 5

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Asymmetric bands oscillator - extended - indicator for MetaTrader 5
Theory : This is an extended version of the “regular” asymmetric bands oscillator (originally published here :  Asymmetric Bands Oscillator ). This version is adding the estimation of the price “weight” within the current trend and also it is attempting to estimate the impact it could have to the build of the trend Usage : … Read more

Donchian channel – extended – indicator MetaTrader 5

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Donchian channel - extended - indicator for MetaTrader 5
Theory : The Donchian channel is an indicator used in market trading developed by Richard Donchian. It is formed by taking the highest high and the lowest low of the last n periods. The area between the high and the low is the channel for the period chosen.  Donchian Channel Formula The upper band is … Read more

Donchian channel – extended, multi time frame version – indicator MetaTrader 5

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Donchian channel - extended, multi time frame version - indicator for MetaTrader 5
Theory : The “regular” version, with detailed description was posted here : Donchian Channel – Extended . This version is adding multi time frame property to the indicator Usage : It can be used the same way as the original. Multi time frames are having, apart from all the standard multi time frames that can … Read more

Corrected extended (volatility ratio adaptive) Wilder’s double smoothed ema – multi time frame version – indicator MetaTrader 5

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Corrected extended (volatility ratio adaptive) Wilder's double smoothed ema - multi time frame version - indicator for MetaTrader 5
Theory : The original (with detailed description) was posted here : Corrected Extended Wilder’s Double Smoothed EMA. As it is described in the post, is is using volatility ratio for adapting the double smoothed Wilder’s EMA. Adapting is making it more responsive to market changes and thus producing signals sooner (on average). This version is … Read more