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One More Holy Grail

This is a discussion on One More Holy Grail within the Trading tools forums, part of the Trading Forum category; Multi-order Exponentilal Fitting Hi, Time to time I receive the requests to make profitable strategies using the fitting indicators such ...

          
   
  1. #1
    Developer igorad's Avatar
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    One More Holy Grail

    Multi-order Exponentilal Fitting




    Hi,

    Time to time I receive the requests to make profitable strategies using the fitting indicators such as TMA, Hodrick-Prescott filter, SSA, Solar Wind(or Fisher yur4ik) and others that look perfect on the history.
    So I decided to add one more "Holy Grail" to them - the Multi-order Exponentilal Fitting indicator.

    Code:
    extern int     Price          =   0;   //Price Mode (0...6) 
    extern int     Length         =  25;   //Period of Smoothing
    extern int     Order          =   2;   //Fitting Order
    extern double  WeightFactor   =   2;   //WeightFactor(eg. 2-EMA,1-Wilder) 
    extern int     Window         = 500;   //Window size in bars
    One More Holy Grail-exfit_2.png

    Regards,
    Igor
    Attached Files Attached Files
    Dr.Fox, yji, stan18 and 6 others like this.

  2. #2
    Administrator newdigital's Avatar
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    Holy Grail in financial market looks like that :

    One More Holy Grail-10000.jpg
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  3. #3
    Administrator newdigital's Avatar
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    The next one is super-signals indicator.

    This indicator was originally created by Nick Beluck as his coding joke (super-signals) but this indicator became a popular one with some next improvements


    One More Holy Grail-eurusd-d1-ibfx-inc.png



    One More Holy Grail-xauusd-m5-ibfx-inc.png
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  4. #4
    Developer igorad's Avatar
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    ExFit Bands

    Hi,

    Please take a look at the ExFit Bands indicator.

    Code:
    extern int     Price          =   0;   //Price Mode (0...6) 
    extern int     Length         =  25;   //Period of Smoothing
    extern int     Order          =   2;   //Fitting Order
    extern double  WeightFactor   =   2;   //WeightFactor(eg. 2-EMA,1-Wilder) 
    extern double  Multiplier1    =   1;   //Volatility Multiplier #1  
    extern double  Multiplier2    = 1.5;   //Volatility Multiplier #2
    extern double  Multiplier3    =   2;   //Volatility Multiplier #3
    extern int     Window         = 300;   //Window size in bars
    One More Holy Grail-exfitbands_2.png

    Regards,
    Igor
    Attached Files Attached Files
    yji, chartartist, rajases and 4 others like this.

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    Quote Originally Posted by igorad View Post
    Hi,

    Please take a look at the EaxFit Bands indicator.

    Code:
    extern int     Price          =   0;   //Price Mode (0...6) 
    extern int     Length         =  25;   //Period of Smoothing
    extern int     Order          =   2;   //Fitting Order
    extern double  WeightFactor   =   2;   //WeightFactor(eg. 2-EMA,1-Wilder) 
    extern double  Multiplier1    =   1;   //Volatility Multiplier #1  
    extern double  Multiplier2    = 1.5;   //Volatility Multiplier #2
    extern double  Multiplier3    =   2;   //Volatility Multiplier #3
    extern int     Window         = 300;   //Window size in bars
    Click image for larger version. 

Name:	exfitbands_2.png 
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    Regards,
    Igor
    How does it work? How to use it?

  6. #6
    Administrator newdigital's Avatar
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    I think - it is same to use as Bollinger Bands for example :



    But please note that this indicator is Grail
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    Quote Originally Posted by newdigital View Post
    I think - it is same to use as Bollinger Bands for example :



    But please note that this indicator is Grail
    What does it mean by "Holy"?

  8. #8
    Administrator newdigital's Avatar
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    It is an allegory with Holy Grail - read in wikipedia here - people were trying to find this Grail to be rich and so on. It is same here - indicators which are looking on the chart on the same way as 'forex grail' (but in reality - it is not).
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  9. #9
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    Quote Originally Posted by newdigital View Post
    It is an allegory with Holy Grail - read in wikipedia here - people were trying to find this Grail to be rich and so on. It is same here - indicators which are looking on the chart on the same way as 'forex grail' (but in reality - it is not).
    I knew that-just thought you might be serious

  10. #10
    Administrator newdigital's Avatar
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    Many forex forums are having such the threads "I am rich - I found Holy Grail" ... so it was the idea to place some "the grails" on this thread.

    By the way, some traders are using those indicators (for example - super-signal indicator) ... so this thread is not useless... because if we know how to use those indicators - it will be very good for us.
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