Step One More Average

Step One More Average

Indicator built upon a special moving average formula that adapt its period automatically accordingly to the market behaviour and noises. This moving average is called the OMA (One More Average), the formula come from an MT4 version found on internet.

Converted from MT4 because of a request on forum.

This version of the one more average indicator embed a step variation of the result of the calculation. The sensitivity and step size can be modified in order to adapt how the moving average respond to the step function, which is comparing how the moving average evolved between difference of actual and past data with current average true range.

The adaptive period can be more or less adaptive by changing the “speed” parameter (0.1 step). The adaptive behaviour of the formula can be shutdown with “Adaptive=0”.

 

 

Share this

Risk disclosure:

No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

ProRealTime ITF files and other attachments : How to import ITF files into ProRealTime platform?

New! PRC is also now on YouTube, subscribe to our channel for exclusive content and tutorials

  1. SoloContado • 156 days ago #

    Hello Nicolas,

     

    thanks a lot for your many contributions in this post. I have a problem with the imported file: when I import it into the Price chart, I just get a flat line at the “0” level, no average is plotted.

     

    I have 10.3 version of PRT.

    Any suggestion would be wellcome.

    Best regards,

    Jorge Hernando

     

    • Nicolas • 156 days ago #

      Because of no data available at the start of calculations. Add this at line 15 : if barindex>length then

      and add an ‘endif’ at end of the code just before the Return function line. 

  2. srajtri • 86 days ago #

    Hi Nicolas,

    thanks for your updates and am very new in trading would you guide me to back test this indicator and give me some refrences to understand coding techniques.

    thanks & regards

    Selva

     

    • Nicolas • 86 days ago #

      Please post any question on forums, thanks.

avatar
Register or

Likes

avatar avatar avatar avatar avatar avatar avatar
Related users ' posts
Nicolas Hi Maz, it's always a pleasure to review your post, they are always perfectly well formatted...
Robert Great work! Could be useful :)
Tedvin Nice one, thanks a lot Maz :)
supertiti Il manque 2 slash devant len dans le code dur car la variable ne marche pas bonne journée
Nicolas Forum svp, avec des images pour bien expliquer merci :) 
finplus oui bien sûr j'ouvre le sujet immédiatement.  
denmar Hi Nicolas Any chance you could please modify the code slightly for me? I would like it if ...
Merls Hi Nicholas, Is it possible to add the Mansfield RS criteria in also? I have been trying to ...
Onythan Hello Nicolas, Thanks for this screener. I was wondering if I could add a criteria in order...
Nicolas 50 results is the limit, but you can get more with PRT-CFD premium : https://www.prorealcode...
Kris V Hi Gabri, Thanks for this interesting indicator, I am not a programmer and have a small pro...
gabri Kris, let me know which color you want to use. The lines to change are the 22,23,24.
Riccardo Benedetti Thanks a lot nicolas for this indicator. good job. I love the great work done simple. Thanks...
Riccardo Benedetti ciao nicolas mi piacerebbe provare a fare un backest di una strategia con questo indicatore ...
TheAccountant Bonjour et merci pour cet indicateur. j'essai de parametrer une alerte sur le changement de...
Sofitech Ce code n'est valable que sur la V10.3 ? sur le 10.2 il y a une erreur de syntaxe dans le fi...
Nicolas Oui en effet, c'est un indicateur "10.3" à cause uniquement de la mise en forme des courbes ...
piarou Objet : PRC_QEMA | indicator Bonjour, Bizarrement : • les deux paramètres sont en remarqu...
Nicolas En effet, c'est le cas si on copie/colle le code. Ces 2 variables sont inscrites en externes...
Nicolas
5 months ago
Holt EMA
Holt EMA
0
Indicators
David Nicolas I've looked at it again and there's a problem.  As an example here's a simple cross...
Nicolas You'll need to preload bars to get the good calculations of you indicators. I did not test i...
David Nicolas I tried DEFPARAM Preloadbars = 5000 And still the same drawn output of entries/exit...
Ernesto1 J'ai essayé avec deux différents I ,  a =  3 périodes et un 3 x 5 = 15 périodes.Ie comme si ...
Wilko Nicolas, anytime I have an idea, I just search for it on ProRealCode and usually you have do...
Nicolas Of course! please add a query in probuilder forum and we'll work together on this indicator ...
luigi Ciao Nicolas. Approfitto di questo spazio per chiederti se puoi aiutarmi. Avrei bisogno di u...
Nicolas Si prega di utilizzare i forum per chiedere richieste di codice per favore.
Wilko Hi Nicolas!, Thanks for providing code for the FRAMA! If I have understood correctly, one s...
triss1965@gmail.com HELP, WHY DONT I NOT GOT THE INDICATOR IN CHART. JUST UNDER?????????????
Nicolas Use the wrench on the upper left side of your price chart to add correctly indicator on PRICE.
bluetime6 Hello Doctrading.   Can you ask you for something? Can you code a screener screen po...
gianlox I added a simple momentum indicator (MACD). I think much better results:   achat = 0v...
gianlox achat = 0 vente = 0 MACD12M = MACDline[12,26,9](close) MACD12S = ExponentialAverage[9](MA...
IGOSNELL Thanks but unfortunately can't read German. If you can show that your strategies can work on...
Nicolas Thank you for contribution. Please consider that advertising is tolerate as long as you cont...
triss1965@gmail.com  Hi, I cant make it work. And if you doing so much money. Why do you have to sell it? It don...
AleX 0 improvments, I tried a lot of modified version but no one was working. I think that only w...
Fabio Anthony Terrenzio this strategy works only in a well defined trend
brosly Good afternoon I am trying to get the complete code of lex strategy made by adolfo since I s...

Top