Indicator Bank

Quoting Tankk

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CCI Accurate DDV
CCI Accurate EXP
CCI Accurate PCT
CCI Accurate SLR
CCI Accurate TRL
to the question of deviations of Price from Average..

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Quoting Slingshots1

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Hello Tankk please i hope you have not forgotten me about post no 1916 .Thanks

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Quoting Slingshots1

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Good day Tankk , many thanks for helping me out last month im very grateful and wish you more expanded knowledge in the coding world please i need to enhance the attached VLINE indicator with sound signal and alert i dont know if you can help me to prepare a similar one because this one was done in ex.4 file years back, its done based on DAILY CANDLE TREND DIRECTION .At the opening of the daily candle it will display the trend bias for the day, either in RED for down or BLUE for up on the Daily Candle, now when we change to other time frames like 4hrs and one hr it will still stay at the opening for the day and wont disappear. I just need it to inform me by alerting me for the day market direction and enabling me to switch to smaller time frames so as to trade in that direction. Please kindly assist me when you are less busy. Thanks TANKK {file} {image} {image} {image}

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Quoting Tankk

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2 Horizont Levels Pips Levels MTF TT {image} {image} {image} {file}

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Quoting slingshots1

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hi tankk induk needs a little tweaking vertical line is displaying on last candle of 4hrs , i think the default setting is 4hrs according to the alert received, although it should be on daily candle but it displayed right on daily candle. If it display on daily candle and i decide to change it to 4hrs the line should be able to mark the beginning of the day on 4hrs but it just jumped to the last candle on 4hrs.thanks {image}

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Quoting Slingshots1

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Hi Tankk induk needs a little tweaking vertical line is displaying on last candle of 4hrs , I think the default setting is 4hrs according to the alert received, although it should be on daily candle but it displayed right on daily candle. IF IT DISPLAY ON DAILY CANDLE AND I DECIDE TO CHANGE IT TO 4HRS THE LINE SHOULD BE ABLE TO MARK THE BEGINNING OF THE DAY ON 4HRS BUT IT JUST JUMPED TO THE LAST CANDLE ON 4HRS.THANKS {image}

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Quote

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Aleksej Poljakov: short description:
Probably, every trader has heard of the Hodrick-Prescott filter:
behind all these incomprehensible formulas there is one mathematical fact - the second derivative of a linear trend is zero.

In the discrete case, the second derivative looks like this: x[0] - 2*x[1] + x[2] (indexing as in time series).
It can also be used for forecasting - x[0] = 2*x[1] - x[2].

That is, we assume that the trend will not change and will retain its properties. However, in this form, the filter will be unstable.
All filter coefficients must lie within the range from -1 to +1. To make the filter stable, we will use several second derivatives with different sampling rates.
For example, we will forecast the opening price on a bar with index -1. Then, the indicator formula will be approximately as follows:
open[-1] = 2*open[0] - open[1]
open[-1] = 2*open[1] - open[3]
open[-1] = 2*open[2] - open[5]

After finding all the values, we will find their average, which we will take as a forecast. The picture is as follows.
Possible improvements to the indicator - to give the derivative values different weighting factors, like LWMA. Or use an adaptive approach.

Quoting PipDizzle

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Hi, Does anyone have SweetSpots Gold indicator for MT5 by any chance?

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Quoting Banktrader7

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Beat the market maker dashboard {file} {image} {image}

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Denis Glaz: short description:
The indicator calculates the price change on each bar and displays a histogram in an additional indicator window.
Displays 3 types of data: absolute price change, percentage and logarithmic.
Trading strategy:
The indicator can be used in different ways. Most often, it is a useful auxiliary tool that helps to assess the trend and the state of the market.
There is also a strategy that allows you to get high-quality signals of a trend reversal...
Search for trend reversal signals:
We draw a straight line through the peaks on the indicator chart, if possible. If the slope of the line and the price direction differ (there is a divergence),
then at the point of intersection of our line and the zero level, a probable trend reversal will occur.
The clearer the divergence and the more evenly the peaks are lined up, the better the signal.
It is recommended to use with trend strength indicators/oscillators on timeframes H4 and higher.