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De-Trender.
If the line is crossing 0 coming from 10 or from minus 10 - trading zone.
Any other types of lines are none-trading zones: horizontal one, or with min or max in the halfways to 0 or from/to 10 or minus 10.
Last edited by newdigital; 10-04-2005 at 09:46 AM.
Some members asked about FATL and other filters.
Please find attached the full set of the indicators (with some pictures for more understanding).
All the description you may find http://www.finware.ru/
(in russian) or http://www.fin-ware.com/indicators.html (in english).
FATL is Fast Adaptive Trend Line indicator;
SATL is Slow Adaptive Trend Line indicator;
RFTL is Reference Fast Trend Line indicator;
RSTL is Reference Slow Trend Line indicator;
FTLM is Fast Trend Line Momentum indicator FTLM(k)=FATL(k)–RFTL(k);
STLM is Slow Trend Line Momentum indicator STLM(k)=SATL(k)–RSTL(k);
RBCI is Range Bound Channel Index indicator;
PCCI is Perfect Commodity Channel Index indicator PCCI(k)=close(k)–FATL(k).
Last edited by newdigital; 10-07-2005 at 12:18 PM.
In additional I fould the very good software. You may create any filter you want for MT4 (mql4 code), for MT3 (mql2), for MetaStock and for Omega ProSuite. Anyone. Anything. Very good program but in russian language.
I sent a request to the author asking him to translate it.
Because of very good.
Last edited by newdigital; 10-07-2005 at 01:25 PM.
Yes. They did it.
Thanks Sergey Iljukhin (Sergey, Novosibirsk),
Keny (Oleg, Krasnoyarsk),
Goodman (Moscow) and
Cobalt (Moscow)
for the very good software which you may download from the respective area.
This soft is in english with the help file in english language as well (created by the people from Syberia).
Did you be in Siberia?
No. I did not. Not yet. Not now.
But they are playing forex!
Last edited by newdigital; 10-11-2005 at 09:18 AM.
The indicator of Demark (DeMarker).
It is standard indicator for MetaTrader.
This indicator is based on the comparison of the period maximum with the previous period maximum. The received maxima are summarized. The indicator of Demark is intended for revealing the areas with high and low risk for purchase (sale). It registers the areas of price exhaustion, which usually coincide with price peaks and hollows. The indicator changes from 0 up to 1. When the indicator falls below 0.3, the turn of the prices upwards is expected. When the parameter of the indicator rises above 0.7, the turn of the prices downwards is expected.
In download area we posted the software to generate any digital filter.
But if you prefer to use metatrader to do everything we have the special indicator for that case.
To use this indicator you must copy DF.dll file to "libraries" folder and make sure availability of Bdsp.dll, lapack.dll, mkl_support.dll in C:\Windows\System32\ folder or or in \experts\libraries\. Check "Allow DLL import" and "Confirm DLL function's call" in Options->Expert Advisors.
Description of the parameters (settings) of the indicator:
1. Filter type
0 - LPF (FATL/SATL/KGLP)
1 - HPF (KGHP)
2 - BPF (RBCI/KGBP)
3 - RBF (KGBS)
2. Some extra conditions
LPF: P1>D1
HPF: P1<D1
BPF and RPF: D2>P2>P1>D1
Description of the other settings you may find at Discussion Area > General Discussion > Digital Filters
Part 1 of 2.
Last edited by newdigital; 10-13-2005 at 03:59 AM.