One More Holy Grail

Multi-order Exponentilal Fitting

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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

Attachment 5130

Regards,
Igor

Holy Grail in financial market looks like that :

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

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

Attachment 5187

Regards,
Igor

Originally Posted by igorad

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

Attachment 5187

Regards,
Igor

How does it work? How to use it?

I think - it is same to use as Bollinger Bands for example :

• Bollinger bands - How To Master Bollinger Bands
• Bollinger Bands and Forex
• How to Trade Bollinger Bands - Stocks, Futures, Forex

But please note that this indicator is Grail

Originally Posted by newdigital

I think - it is same to use as Bollinger Bands for example :

• Bollinger bands - How To Master Bollinger Bands
• Bollinger Bands and Forex
• How to Trade Bollinger Bands - Stocks, Futures, Forex

But please note that this indicator is Grail

What does it mean by "Holy"?

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).

Originally Posted by newdigital

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

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.