Complex Trend Detector - Indicator for MT4

Quoting Symphoenix

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Interesting turn of events to say the least... I just come here to share an indicator that proved to me to be useful and I'm being attacked on the fact that it repaints ! Hello, are there any Center Of Gravity users here ? Repainting is NOT always a bad thing because the signals coming from this kind of indicators are ADAPTIVE... You just have to know it to gain an edge. Like Hanover said, there is no holy grail, only pieces of it... Best regards

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Quoting SmartErisa

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i've tested it in the tester & indeed it is a very good indicator. you are very kind shared it to the public for free, if i were you i will keep it for my self. kudos for you mr.Symphoenix

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Quoting tincog

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{quote} Hi Symphoenix I'm a big fan of the center of gravity and really looking forward to knowing more from you. Good job and thank you for this indicator. cant wait to test it tomorrow since they are useful only in forward testing. cheers tincog

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Quoting Symphoenix

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{quote} Nice ! You can search for SyFirst_Grid : it's an EA i've shared here which uses COG as its main indicator ----- Update : https://www.forexfactory.com/showthread.php?t=616970

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Quoting Symphoenix

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{quote} Thanks for your kind words ! I always thought like sharing was a must-do for me as I've learnt so much in here I know for a fact that FlatLiner is very good tool as we use it in my own company. So, in a word, enjoy if you are capable of it ! Best regards

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Quoting aaven

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{quote} Symphoenix, Could you please give us some thoughts on how one can utilize the indicator? Thanks

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Quoting Enneyk

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Thank you for sharing the indicator. I want to use a chart illustration to show why I believe this indicator repaints. This is just from backtesting. {image}

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Quoting Symphoenix

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{quote} Simple ! When FlatLiner = 1, we are looking for a buying opportunity (accordingly to others tools). When FlatLiner = -1, we are looking for a selling opportunity (accordingly to others tools). Simple ! PS : FlatLiner is a filter, nothing else !

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Quoting hanover

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{quote} Houston, we have a problem: {quote} Indeed it does. Save your money, folks. At last we have proof that forex isn't rocket science. ______________________________ Here is an easy, objective way of checking the extent to which any indicator repaints: (note: you can do this at any time, even while the market is closed) 1. Open a blank chart, and attach only the indicator you want to test to the chart. Press F8 to get the Chart Options, and then ensure that 'Chart...

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Quoting mr.brown

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have seen repainting indis earlier however this one worst by far

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Quoting Symphoenix

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A sub-unit of my company's main structure worked on a trend detector implementing the latest financial theories to see what was this all about. It was inspired by the Physics Department's researches and mainly by the proprietary spectral filtration process they had elaborated. A few months later, a sub-unit was created and they came up with this for the Algorithmic Unit. This indicator finds the peaks and bottoms in entropy, filters them and smoothes them to finally analyze the cycle it is into.

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Quote

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So the search for the "Holy Grail" continues.....

Quoting hanover

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{quote} Indeed...... here it is.

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