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And next is Moving Averages indicator.
You may see standard ma indicator (write color) and all the others are Jurik MA indicators with the same settings.
And some people asked about howto draw vertical lines automatically?
Look at the images: any lines. On bar close, open, day start and close, on some hour - any kind of lines adjustable.
Interesting stuff with this NRTR indicator... could you please post the MQL4 file for it? Or is it in the ZIP file posted two pages back by Linuxser? What is its name? I couldn't find it there...
Interesting stuff with this NRTR indicator... could you please post the MQL4 file for it? Or is it in the ZIP file posted two pages back by Linuxser? What is its name? I couldn't find it there...
Thanks!
I will post the templates tomorrow for all the images I made. BTW you may install the latest Jurik (by Linuxser).
The screenshot shows stiffer settings where some lag shows up, but this stuff can be tuned a lot better than the image shows.
::--> Note the lack of so-called 'divergence' - that is, unlike MACD and other standard TA oscillators, these have less tendency to move back down toward the center or zeroline while price is still moving up.
IMHO, a big problem with traditional oscillators is that they give false directional readings when a trend occurs, but the momentum of the trend stops increasing or falls off a bit. Price continues to rise, but the traditional oscillators like MACD start to fall, giving a false signal.
This is less of a problem with the indicators in the screenshot. Note the trend on the right side.
"Less false 'divergence' signals, priceless"
A lot of cool stuff can be done with tools like these.
- - - -
This is hard to articulate this late at nite but-
One nonobvious aspect of the problem where price continues to rise, but the traditional oscillators like MACD start to fall and give a false signal is that it sort of forces the use of zeroline crossings of the oscillator as a signal. But maybe, just maybe, the slope-or-state of the indicator is a better signal than a zeroline cross. By slope-or-state I mean, "If the indicator is sloping upwards or is at 100, LongCondition = true". I have seen many instances where slope-or-state of "non-divergence" indicators like PFE of Momentum outperformed zeroline crossings of diverging indicators.... An easier way to say it: In my experience, slope-or-state of "non-divergence" indicators outperforms either slope or zeroline crossings of traditional diverging indicators. Your milage may vary.
Could I check which version set of Jurik indicators are you using? The one in Post #69 or Post #101 ?
I found some of the files in Post #101 needed more files to compile ie JurX Series Resize and JurXSeriesAlert Where can I find these?
When I load the set_1.tpl I get the same chart as in my previous post
Some of the templates are not showing any indicators
Linear Mode
