TrendMagic indicator

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TrendMagic indicator

Postby Alexander.Gettinger » Sun Apr 04, 2010 9:29 pm

TMI.png


New Version (2.26.2012.) by Apprentice
TMI.lua
(2.06 KiB) Downloaded 2478 times


Note: NG, Oct 11 2010: A new version is available here: viewtopic.php?f=17&t=2374


Old Version
TrendMagic.lua
(2.08 KiB) Downloaded 3851 times


MTF.png


MTF_Trend_Magic.lua
(9.36 KiB) Downloaded 1830 times

MTF_MCP_Trend_Magic.lua
(13.87 KiB) Downloaded 1766 times

For both MTF indicators, install TSI Indicator.
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Re: TrendMagic indicator

Postby michaelwen » Sun Apr 04, 2010 11:18 pm

thanks for your indicator.
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Re: TrendMagic indicator

Postby michaelwen » Sun Apr 04, 2010 11:26 pm

could you explain how to use it? thanks
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Re: TrendMagic indicator

Postby WWMMACAU » Mon Apr 12, 2010 6:00 pm

michaelwen wrote:could you explain how to use it? thanks


Thanks Alexander.Gettinger.

Just attach this indicator to the chart as usual.
It is also trend indicator.
Green color is uptrend.
Red color is downtrend.http://www303.lunapic.com/editor/?action=url&url=852/822/19401530503479550&s=www305&files=1
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Re: TrendMagic indicator

Postby michaelwen » Sat Apr 24, 2010 3:45 am

thanks for the information. good job.
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Re: TrendMagic indicator

Postby fxcatty » Sun Aug 22, 2010 11:16 am

Hello, What exactly is TrendMagic? I guess to be more specific on what I am asking is what determines if the line is Green or ReD?

I see that it is somehow determined by the CCI and Average True Range, but what is the system code actually looking for?

Thanks,
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Re: TrendMagic indicator

Postby Apprentice » Mon Aug 23, 2010 3:59 am

Down=High[period]+ATR[period];
Up=Low[period]-ATR[period];

if CCI>=0 then Line is Green

if CCI<0 then Line is Red

IF Up[period]< Up[period-1]) then
Up[period]=Up[period-1];

IF Down[period]> Down[period-1]) then
Down[period]=Down[period-1];


I do not know if you understand this code.
In short, the growing trend is always growing,
falling tend always to fall.

Thanks to your request I found a bug in the code indicator.
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Re: TrendMagic indicator

Postby 7510109079 » Fri Oct 21, 2011 8:22 am

Is this indicator a combination of the ZIGZAG and HA indicators or are the calcs used within different somehow and if so how?, thx
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Re: TrendMagic indicator

Postby Marekk » Sat Feb 25, 2012 7:33 am

Can someone The Trend Magic indicator as a multi-timeframe make
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Re: TrendMagic indicator

Postby Apprentice » Sun Feb 26, 2012 4:59 am

Your request is added to the developmental cue.
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