Ocean theory based indicators
OCean nst indicator - metatrader 5 version
Ocean nst indicator - metatrader 5 version
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Difference in parameters (same as for ndx, but in order to keep it clear, posting it here too):over bought color -> starting color used for gradient filling and an indicator that overbought conditions are metIf you want to turn the gradient coloring off you can do it in one of the following ways:over sold color -> ending color used for gradient filling and an indicator that oversold conditions are met
color steps for drawing -> number of steps to use for gradient drawing
- set the number of steps to 1 (in which case just the starting color will be used)
- or use same starting (over bought) and ending (over sold) color
Ocean ndx indicator - metatrader 5 version
Ocean ndx indicator - metatrader 5 version
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Difference in parameters :over bought color -> starting color used for gradient filling and an indicator that overbought conditions are metIf you want to turn the gradient coloring off you can do it in one of the following ways:over sold color -> ending color used for gradient filling and an indicator that oversold conditions are met
color steps for drawing -> number of steps to use for gradient drawing
- set the number of steps to 1 (in which case just the starting color will be used)
- or use same starting (over bought) and ending (over sold) color
Ocean nxc indicator - metatrader 5 version
Ocean nxc indicator - metatrader 5 version
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Difference in parameters - (same as for ndx and nst, but in order to keep it clear, posting it here too):over bought color -> starting color used for gradient filling and an indicator that overbought conditions are metIf you want to turn the gradient coloring off you can do it in one of the following ways:over sold color -> ending color used for gradient filling and an indicator that oversold conditions are met
color steps for drawing -> number of steps to use for gradient drawing
- set the number of steps to 1 (in which case just the starting color will be used)
- or use same starting (over bought) and ending (over sold) color
Natural moving average - metatrader 5 version
Natural moving average - metatrader 5 version
Difference in parameters : there is no difference in parameters. The only difference comes from a fact that in metatrader 5it is possible to place "descriptive labels" to parameters so the "pain in the a..." job we had before in remembering what does some cryptic name of some parameter mean is simply obsolete.
Natural moving average + bands metatrader 5 version
Natural moving average + standard deviation bands metatrader 5 version
Difference in parameters : there is no difference in parameters compared to it's metatrader 4 counterpart.
Smoothed natural moving average + bands
Smoothed natural moving average + standard deviation bands metatrader 5 version
Difference in parameters : there is no difference in parameters compared to it's metatrader 4 counterpart.
Natural movin average smooth - metatrader 5 version
Natural moving average smooth - metatrader 5 version
Difference in parameters : there is no difference in parameters.
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In this thread Jim Sloman's "Ocean theory" based indicators will be posted.
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PS: this thread (as it stands right now) will have about 60 indicators posted here (metatrader 4 + metatrader 5 versions) Metatrader 4 versions are completed, but because I would like to post immediately it's metatrader 5 counter parts and descriptions that are a bit more usable, it takes some more time. Also, as I go along, some completely new ones are going to be posted. In order to know if there is an ongoing coding going on that will change the number of states I will always mark it on this post.
So the current state is : new code is in a process of preparing and will be posted as soon as possible
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PS : a PS that I think needs to be added.
The whole thing with ocean indicators and me started from here :https://www.mql5.com/en/forum/178525 At that moment my information as of what are they it and how do they work were superficial. I did take some part in the indicators posted there but, later, found out that those are simply not what ocean indicators are. And then I started to code these. So do not be confused - these are what ocean indicators are and should be