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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.
your MAs are in fact non lagging. However it won't make things better.
Like any self-adaptive Mas it redraws color and makes the previous signal void.
Put it on M1 chart and take a look.
History looks nice then
your MAs are in fact non lagging. However it won't make things better.
Like any self-adaptive Mas it redraws color and makes the previous signal void.
Put it on M1 chart and take a look.
History looks nice then
alp
No. I checked. It is not painting the past.
May be I did not have a case ...
But i attached this indicator to M1 and it is not painting.
For me so it is usefull.
And digital filters are very usefull (i know that you don't like them).
Please attach JMA on the same chart. It's closely too
Oh. Now I know what's going on. I was thinking in terms of the standard MA's trying to match them with this new one for a better visual. Gotcha. Thanks!
As I understand yellow color is for reversal. Right?
How to make this color not for one bar, for 3 or 5 for example.
Usually the price is not reversing for one bar. It may be 5 or even 10 bars. Look at the image.
Because it may be additional filter means 'not to trade during the price reversing'.
Linear Mode
