Normalized LWMA Slope

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Normalized LWMA Slope

Postby Apprentice » Tue May 12, 2015 9:47 am

Normalized LWMA Slope.png

Based on request.
viewtopic.php?f=27&t=59374&p=100428#p100428
Normalized LWMA= (LWMA-LWMA[-1])/ATR
Normalized LWMA Slope.lua
(3.77 KiB) Downloaded 696 times

MTF Normalized LWMA Slope.lua
(7.17 KiB) Downloaded 627 times

The indicator was revised and updated
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Re: Normalized LWMA Slope

Postby mulligan » Tue May 12, 2015 1:59 pm

The MTF version is exactly what I've been working with without the benefit of this combined indicator. The combined 3 time frames works extremely well. The only problem is endless hours watching the computer screen. I request what ever is the easiest, alert, signal, or strategy with the following parameters:
Buy - all three time frames in up trend
Sell - all three time frames in down trend
Exit - any contradiction

Note - Up in uptrend and down in uptrend are both considered uptrend. Same with down trend.

Thanks very much for coding this indicator. The results of trading the combined 3 time frames is really extraordinary. I hope the time to code some kind of alert is available.

Thanks for your consideration
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Re: Normalized LWMA Slope

Postby Apprentice » Fri May 15, 2015 2:56 am

Your request is added to the development list.
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Re: Normalized LWMA Slope

Postby mulligan » Wed Jul 15, 2015 8:31 am

Could you please check the mtf version. The numbers on the right for the 3 different time frames are not responding. Seem to be stuck. Tried removing and reloading the indicator, but no luck.

Thanks
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Re: Normalized LWMA Slope

Postby superleo » Thu Nov 10, 2016 5:28 am

hi apprendice,

can you create mtf lwma slope strategy

indicators:

1. NORMALIZED LWMA SLOPE INDICATOR WITH DEFAULT PARAMETERS
    TIME FRAME;M15
    BUY LEVEL: 0
    SELL LEVEL:0

2.NORMALIZED LWMA SLOPE INDICATOR WITH DEFAULT PARAMETERS:

    TIME FRAME: H4
    BUY LEVEL :0
    SELL LEVEL: 0

BUY:
    1 NORMALIZED LWMA SLOPE IN H4> BUY LEVEL AND
    2. NORMALIZED LWMA SLOPE IN M15 CROSS OVER BUY LEVEL

SELL:
    1.NORMALIZED LWMA SLOPE IN H4< SELL LEVEL AND
    2. NORMALIZED LWMA SLOPE IN M15 CROSS UNDER SELL LEVEL
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