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Not exactly. The Bars indicator gets overlaid on top of your candle chart, it doesn't color the candles themselves. So, assuming that the NonLagMA_v7 says the trend is Up, there should be two shades of Japanese green candles (Lime for long candles and muted Green for short candles) and when the NonLagMA_v7 says the trend is down, I want two shades of red candles (bright Red for short candles and muted Maroon for long candles). Please refer to the attached picture. I hope I'm being clear this time.
Thanks!
Shawn Ambrose
Last edited by pfgroup; 08-30-2008 at 04:03 PM.
Reason: Simplify
Hi,
In this thread I wish to represent the new trading tools which based on NonLagging Moving Average( NonLagMA ).
Some theory:
Some time ago I found that coefficent in the formula of FATL and SATL (so named Digital Filters ) are described by the formula of a fading sinusoid.
Then I've developed formula for so named NonLagging Moving Average on the basis of Linear Weighted MA.
Now you can download 2 versions of this MA:
1st - simple NonLagMA (v3);
2st - advanced(v4) with filter(value in pips) and color mode.
Length=8 - correspond FATL
Length=34 - SATL
Also you can compare this MA with JMA and HMA.
I wait for your comments.
In the TrendLaboratory you can find these tool in EL code.
Regards,
Igor
please can you re-attach the indicators and also how to use them as i cant download them. also, do they repaint? thank you
Hi,
Some of our members asked me to reduce the number of warnings (WarningMode=1).
So I've modified NonLagMA for these needs. Just try to change WarningTicks
for this puppose. You'll receive warnings each 1,2,3...or any ticks.
Hi,
Some of our members asked me to reduce the number of warnings (WarningMode=1).
So I've modified NonLagMA for these needs. Just try to change WarningTicks
for this puppose. You'll receive warnings each 1,2,3...or any ticks.
I like this MA alot i was wondering if anyone would be willing to use their expert programming skills to make a bollinger band out of it? Thanks for programming it igorad....highly appreciate u sharing ur hard work with us!
Linear Mode
