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It is a kind of smoothing lines (taken generally from smoothing surfaces). Smoothing chosen prices by some coefficient does make it a kind of moving average. The interesting part is that this MA (One side gaussian MA) can be compared (value wise) to some famous repainters (snake, for example) but it does not repaint
Additional explanation : I thought that it is enough to post that picture of a so called "system" to show how it can be used.
One more with "entry candidates" shown (when OS gaussian MA crosses the OS gaussian SR middle line - the trend should be used as general trend (or direction) confirmation indicator. But as I said, it is completely up to you how you are going to use it. I find that it can be fairly usefull on a 15 min EURUSD chart (that is the only pair I trade - the rest of pairs do show similar possibilities, but do not take my word for it)
Quote:
Originally Posted by fxbs
yes, please, Mladen
p.s. - and ... it's just (only) one side?
Hi 2 all.
Good job! I was very pleased to see my idea being developed.
It was my first indicator and it was my first code written in MQL, so thanx for the code refactoring, i like it very much.
Hope, this idea helps you and will be useful.
Hi 2 all.
Good job! I was very pleased to see my idea being developed.
It was my first indicator and it was my first code written in MQL, so thanx for the code refactoring, i like it very much.
Hope, this idea helps you and will be useful.
Thanx .
Well, i think one function is missing in the library:
Code:
double SmoothArray(int level, double& array[], int shift)
{
double sum = 0;
int limit = levels[level];
if (shift >= (Bars - limit)) return(array[shift]);
for (int i = 0; i < limit; i++)
sum += GaussianBuffer[i][level]*array[shift + i];
return (sum);
}
Hi 2 all.
Good job! I was very pleased to see my idea being developed.
It was my first indicator and it was my first code written in MQL, so thanx for the code refactoring, i like it very much.
Hope, this idea helps you and will be useful.
!!!!_eu_gs.gif
I am NOT the ORIGINAL author and I am not claiming authorship of this indicator. All I did was modify it. I hope you find my modifications useful.
MODIFIED_VERSION_OS Gaussian Support Resistance-1 has price labels added which and be turned on/off via user input.
There is a user input to turn off the middle band.
There is a user input to turn on the alert if the price breaks either the resistance or support levels.
I am NOT the ORIGINAL author and I am not claiming authorship of this indicator. All I did was modify it. I hope you find my modifications useful.
Now I'm gonna make this algorithm built-in as one of MA methods.
All i need is comparision of different MA methods with GMA and with other custom MA algorithms.
Do you know, may be somebody has already done this?
If successful, i'll post the results of these researches at our forum.
And then there is a chance for standard MA to be improved.
Now I'm gonna make this algorithm built-in as one of MA methods.
All i need is comparision of different MA methods with GMA and with other custom MA algorithms.
Do you know, may be somebody has already done this?
If successful, i'll post the results of these researches at our forum.
And then there is a chance for standard MA to be improved.
Do you want it? And could you help me?
Hello,
I would like to understand what this algorithm is about.
Anybody could please put together a detailed description?
Thanks
)
.
.
Linear Mode
