Glad to report to the group that the Vervoot indicator is available for MT4... Rock solid, no repainting...
It is the red one on the bottom.
Eur/USD 5 min chart.
"The indicator was presented by Sylvain Vervoort in the October 2010 issue of Stocks & Commodities magazine. The article was awarded with the Reader's Choice award in 2011.
It begins by smoothing the price curve with a “rainbow” weighted moving average.
This smoothed price curve is used to calculate a RSI, which is then smoothed with the Vervoort zero-lag exponential moving average. The resulting curve is then transformed with an inverse Fisher filter.
Codes for various platforms have been released, the attached is my MQL4 port."
[Dear Guest/Member you can't see link before click here to register]
It is the red one on the bottom.
Eur/USD 5 min chart.
"The indicator was presented by Sylvain Vervoort in the October 2010 issue of Stocks & Commodities magazine. The article was awarded with the Reader's Choice award in 2011.
It begins by smoothing the price curve with a “rainbow” weighted moving average.
This smoothed price curve is used to calculate a RSI, which is then smoothed with the Vervoort zero-lag exponential moving average. The resulting curve is then transformed with an inverse Fisher filter.
Codes for various platforms have been released, the attached is my MQL4 port."
[Dear Guest/Member you can't see link before click here to register]