MAVC: Moving Averages Combo by Mehmet YildizliMAVC: Moving Averages Combo by Mehmet Yildizli
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You can use this indicator to add more than one moving average on the same chart. At the beginning of the indicator settings, the "Volume For Tillson" parameter is used only when you select the Tillson moving average.
When you check the "Use (high + low + 2 * close) / 4" checkbox, this value is used as the source data to be included in the calculations of all moving averages. When you clear this check box, calculations are made according to the selection you make in the SOURCE section.
You can add 4 moving averages at the same time to the chart.
You can choose a different period and a different calculation method for each moving average.
In this way, you can make a buying / selling decision by considering the relative positions of more than one moving average.
The risks you may be exposed to as a result of your transactions will be entirely at your own risk, as the buy / sell signals you will receive through this indicator will be revealed by your interpretation of the curves that will emerge according to the parameters and calculation methods you choose.
Moving Average Calculation Methods:
1. "S: Simple": Simple Moving Average (SMA)
2. "E: Exponential": Exponential Moving Average (EMA)
3. "DE: Double Exponential": Double Exponential Moving Average (DEMA)
4. "W: Weighted": Weighted Moving Average (WMA)
5. "VIDYA 1: VIDYA via St Dev": Variable Index Dynamic Average - by standard deviation (VIDYA)
6. "VIDYA 2: VIDYA via CMO": Variable Index Dynamic Average - via CMO (VIDYA)
7. "T: Tillson": Tillson - T3
8. "RMA: Running Mov Av": Running Moving Average (RMA)
Hope you will benefit from the indicator.
TÜRKÇE AÇIKLAMA
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MAVC: Moving Averages Combo by Mehmet Yildizli
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Bu indikatör ile birden fazla hareketli ortalamayı aynı grafik üzerine ekleyebilirsiniz. İndikatör ayarlarının başında, "Volume For Tillson" parametresi sadece Tillson hareketli ortalama seçimi yaptığınız zaman kullanılmaktadır.
"Use (high+low+2*close)/4" onay kutusunu onayladığınızda ise, bütün hareketli ortalamaların hesaplamalarına dahil edilecek kaynak veri olarak bu değer kullanılır. Bu onay kutusundaki onayı kaldırdığınızda ise KAYNAK kısmında yapacağınız seçime göre hesaplamalar yapılır.
Aynı anda 4 hareketli ortalamayı grafiğe ekleyebilirsiniz.
Her hareketli ortalama için farklı bir periyot ve farklı bir hesaplama yöntemi seçimi yapabilirsiniz.
Bu şekilde birden fazla hareketli ortalamanın birbirine göre durumlarını dikkate alarak alış/satış kararı verebilirsiniz.
Bu indikatör yoluyla alacağınız alış/satış sinyalleri, tamamen sizin belirleyeceğiniz parametre ve seçtiğiniz hesaplama yöntemlerine göre ortaya çıkacak eğrilerin sizin tarafınızdan yorumlanarak ortaya çıkacağı için işlemleriniz sonucunda maruz kalabileceğiniz riskler tamamen size ait olacaktır.
Hareketli Ortalama Hesaplama Yöntemleri:
1. "S:Simple" : Basit Hareketli Ortalama (SMA)
2. "E:Exponential" :Üstel Hareketli Ortalama (EMA)
3. "DE:Double Exponential": İkili Üstel Hareketli Ortalama (DEMA)
4. "W:Weighted": Ağırlıklı Hareketli Ortalama (WMA)
5. "VIDYA 1: VIDYA via St Dev": Değişken Hareketli Ortalama - standart sapma yoluyla (VIDYA)
6. "VIDYA 2: VIDYA via CMO": Değişken Hareketli Ortalama - CMO yoluyla (VIDYA)
7. "T:Tillson": Tillson - T3
8. "RMA:Running Mov Av": Running Moving Average (RMA)
İndikatörden faydalanmanız dileğiyle.
Mehmetyildizli
Smoothed RSI by Mehmet Yildizli - SORSI assume that most of you already know Relative Strength Index indicator. It gives us the following signals in general, when we see the following conditions occur. If RSI crosses;
1. 30 above, it means BUY signal.
2. 50 above, it means WAIT signal.
3. 70 above, it means WAIT and be careful for SELL signal.
4. 70 below, it means SELL signal.
5. 50 below, it means WAIT signal.
6. 30 below, it means WAIT and be careful for BUY signal.
On the other hand, RSI sometimes crosses those reference levels very often in the opposite direction. This is a very big problem, in fact. It may cause you lose money.
That'is it!. This indicator (Smoothed Relative Strength Index by Mehmet Yildizli - SORS) is a new version of Relative strength index that moves smoothedly. Therefore, it doesnt cross those reference levels listed above, very oftenly in the opposite directions.
There two lines of this indicator. First is RSI line. You can change the parameters of RSI on the settings window of the indicator. The interpretation of the indicator is the same with the classic RSI indicator, as represented above.
Other line is the signal line. This signal line is calculated of RSI line according to the DEMA(Double Exponential Moving Average) approach.
You can change the parameter of signal line on the settings window.
Hope you will like and benefit!
VIDYA by Mehmet YildizliVIDYA by Mehmet Yildizli - Variable Index Dynamic Average
Our behaviours toward financial markets change every time of any date. On the other hand, we usually tend to analyze averages via constant period-of time. That is, our analyzing way is not consistant with a changing dynamics of financial markets.
Therefore, a new form of Moving Average comes trough into the scene: The Variables Index Dynamic Average-VIDYA.
VIDYA is a moving average that regulates itself according to the volatiliy of prices. When prices go up or fall down rapidly VIDYA approches to prices. When prices move less volatile, VIDYA tracks the prices from a distance.
We start calculating VIDYA with an approch of Exponential Moving Average. However, the difference between VIDYA and EMA(Exponential Moving Average) is the changes of constant coeffient of EMA, according to volatility. When new price comes, each time, the VIDYA calculates a new coefficient used to calculate the average. Then, each time a new price comes, a new period of time is calculated according to volatiliy.
In this moving average indicator, you can set two moving average period at the same time. Additionally, you can set two different step height for two moving averages. These step height coefficients is used to round the moving averages. Therefore, when prices cross up and down continously you can change these step heights in order to prevent unnecessary trades.
