Sidhu Moving Average
I am putting this Indicator here as i couldnt find a better place.Its a Ninjatrader 7 Indi.If anyone can translate it to Metastock or Metatrader it would be great.
Well,Sidhu Moving Average takes best from all the different Adaptive moving averages and combines it into One Average.It utilizes FantailVMA1, FantailVMA3, Kaufman AMA and Chande 's VMA.While these averages have their own merits , however i wasnt satisfied using just anyone of these because one excelled at smoothing, the other at reponsiveness so i decided to adopt the middle path.This gave birth to SidhuMA.Its has option to select any one average to all the four different averages and what it does is, it plots the half of it on chart i.e (( Avg1 + Avg2 +Avg3+Avg4)/2) with WMA as smoothing factor.
The different averages can also be plotted on the chart along with the SidhuMA, just change the default color from transparent to whatever you like.
It beats all the other moving averages in crossover type system, i have back-tested it rigorously against all the other averages.
Forex indicator OBOS (overbought and oversold) of overbought and oversold displays respective market condition. It is important to pay attention on the current color of the histograms: green means uptrend, orange – downtrend. Crossing of the lines provides delayed signal, so the indicator is more for info. Formulas of OBOS indicator: Up = EMA (EMA ((WP-EMA (WP)) / StdDev (WP))), Dn = EMA (Up), where EMA – exponential moving average with the period [Length], StdDev – standard deviation with the period [Length] WP – weighted price ((high + low + close + close) / 4). Further development of the indicator for STI system – added BB channel and arrows on the chart are displayed if the intersection of the curvil indicator occurs outside of the channel. If the crossing happened insede the channel, the arrows are not placed. OBOS usage example
I Think this one is much better than all fancy named repaint like "PABLO"Fed up with all these bull sheet "REPAINTER" as they are so good, that, Any one without knowing the painting art can draw any picture using these stupid for any damn setting, on any time frame chart and any currency pair..If "PABLO PICCASSO" would have been live today he would either have proud of all these "REPAINTER" miracle in the Forex world and would left his job or suicide immediately...All they must be exhibited in the "World wide Painting and Repainting Competition" to show their art and not technicalI suggest expert coder from WWI, to develop Anti Repaint (Or Anti Holy Grail) software ( like anti virus) to search and clean on the net for all these Non (none sense) Repaint on www so to make them an endangered species (indicator) category in Forex world..... LLLLOOOOLLLL.....CHEERSSSSS...[ P.S. Please be humble to click "Thanks" , for acknowledging the Repaint Lover and Non... ]
Metatrader Indicators:Price action channel formed by two smoothed moving averages with High and Low (3 periods);Stochastic Cross Alert indicator (3,2,2);Brian Trend indicator;ATR Ratio indicator (7, 49, trigger 1.0).Rules for 5min Binary Options Strategy High Low :Stochastic Cross AlertTrade only in trend. The trend is determined by Brian Trend Indicator.Buy callBrian Trend Blue dots;Stochastic cross alert green arrow (3,2.2);ATR Ratio value>trigger line (>1.0);If these conditions are agreed, when you see the blue arrow, buy a Options Binary call only if the price of the candle alert is into the price action channel .Buy PutBrian Trend Red dots;Stochastic cross alert red arrow (3,2.2);ATR Ratio value>trigger line (>1.0);If these conditions are agreed, when you see the red arrow, buy a Options binary putonly if the price of the candle alert is into the price action channel.