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Jurik indicators

  • #541
  • Apr 2, 2026 12:21am Apr 2, 2026 12:21am
Dear mrtools
whooo, really very impressive indicator, Many Thanks
  • #542
  • Edited 1:42pm Apr 19, 2026 1:29pm | Edited 1:42pm
Averages distance from price:

The Distance from Moving Average indicator measures how far the current price is from a specified moving average, helping traders assess market momentum and potential trend reversals.

Indicator Overview:

The Distance from Moving Average indicator quantifies the deviation of a security's price from its moving average (MA). This distance can be expressed in absolute terms or as a percentage, providing insights into market conditions and potential trading opportunities.

How It Works
Calculation:
The indicator calculates the distance by subtracting the moving average value from the current price. This difference can then be divided by the moving average value to express it as a percentage or in absolute terms:

Ma Distance = Current Price−Moving Average/Distance in pips

  1. Types of Moving Averages: Users can select from various types of moving averages, including:

  1. Simple Moving Average (SMA)
  2. Exponential Moving Average (EMA)
  3. Weighted Moving Average (WMA)
  4. and more

  1. Visualization: The calculated distance is typically plotted on a separate chart or below the main price chart, allowing traders to easily visualize the relationship between price and the moving average. Positive values indicate that the price is above the moving average (bullish sentiment), while negative values indicate it is below (bearish sentiment).

Applications in Trading

  1. Trend Analysis: A significant distance from the moving average may indicate a strong trend, while a small distance suggests consolidation or reduced volatility. Traders often look for extreme values to identify potential reversals or corrections.
  2. Mean Reversion: The indicator can help identify overbought or oversold conditions, signaling potential entry points for mean reversion strategies. When the price is significantly above or below the moving average, it may be due for a correction.
  3. Signal Generation: Crossovers of the distance line with the zero line can signal potential changes in trend direction, providing actionable insights for traders.


This version has an added signal line, filtering option, large selection of prices, and a double smoothing option which doubles the available average options.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1.png Size: 135 KB
Attached File(s)
File Type: ex4 ! Avgs distance from price.ex4   484 KB | 122 downloads
  • #543
  • Apr 26, 2026 8:26pm Apr 26, 2026 8:26pm
Quoting mrtools
This is a digital filter jma slope speed with a choice of 33+ prices and digital filter options to include either Ftlm, Stlm, Fatl, Satl, Rftl, or Rstl all smoothed with jurik. {image} {file}
This has the same digital filter choices as above except it is using Rsi, with a choice of around 20 different Rsi types. Also, the digital filters prices have an option to be pre-smoothed which hopefully doesn't add to much lag. The bands are Quantile bands.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4.png Size: 113 KB
Attached File(s)
File Type: ex4 ! ddz ps digital filters Rsi.ex4   192 KB | 80 downloads
  • #544
  • Apr 26, 2026 11:48pm Apr 26, 2026 11:48pm
Quoting mrtools
{quote} This has the same digital filter choices as above except it is using Rsi, with a choice of around 20 different Rsi types. Also, the digital filters prices have an option to be pre-smoothed which hopefully doesn't add to much lag. The bands are Quantile bands. {image} {file}
Please post MQ5 also.
  • #545
  • May 7, 2026 12:51am May 7, 2026 12:51am
Quoting mrtools
The Polychromatic Momentum System and it's technical indicators by Dennis Meyers: Momentum is defined as the difference, or percent change, between the current bar and a bar some lookback period in the past. The major problem with using momentum-based indicators is that the optimum lookback period seems to change over time creating losses with the current chosen lookback period. To avoid the errors due to a single lookback period we create an indicator that takes a weighted average of all significant lookback periods for the tradable. We named this...
Do you have mt4 version?
TG - @Tomfix
  • #546
  • May 7, 2026 8:46am May 7, 2026 8:46am
Quoting TomFix
{quote} Do you have mt4 version?
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDH4.png Size: 74 KB

Attached File(s)
File Type: ex4 ! Dz Corr polychromatic momentum (alerts).ex4   68 KB | 73 downloads
  • #547
  • May 19, 2026 10:17am May 19, 2026 10:17am
Repulse Indicator

The Repulse indicator measures market bullish or bearish pressure, calculated as the difference between positive and negative forces, often using EMAs or price-based ratios.
Core Formula
The Repulse indicator can be calculated in several ways depending on the platform or trading style:

  1. EMA-Based Formula:
    The most common approach uses exponential moving averages (EMAs) to quantify buying and selling pressure:
    Repulse[i] = Pos_EMA[i] - Neg_EMA[i]

    1. Pos_EMA[i]: Measures positive (bullish) pressure from buyers
    2. Neg_EMA[i]: Measures negative (bearish) pressure from sellers
      A positive result indicates bullish sentiment, while a negative result indicates bearish sentiment

  2. Price-Based Formula:
    Another method calculates Repulse using candlestick prices:
    Repulse = (Close – Open) / (High – Low)
    This value is then averaged over a defined interval (commonly 5, 15, or 33 bars) using a moving average to smooth the signal https://www.bing.com/th?id=ODLS.A245...3-D9EC6AB74B9Fbitbymojo.com. Positive values indicate buying pressure, and negative values indicate selling pressure.

Interpretation

  1. Positive Repulse: Indicates that buyers are dominating, suggesting bullish momentum.
  2. Negative Repulse: Indicates that sellers are dominating, suggesting bearish momentum.
  3. Oscillation Around Zero: The zero line serves as a midline dividing bullish and bearish conditions. Traders often look for divergences or trend confirmations relative to price movements.

Practical Usage

  1. Multiple Time Frames: Using Repulse with different periods (e.g., 1, 5, 15) helps identify short-term and medium-term trends simultaneously https://www.bing.com/th?id=ODF.eTLo-BQbfW8CvnkrCSki2QCentralCharts.
  2. Trend Confirmation: In an uptrend, a rising Repulse above zero confirms strong bullish momentum; leveling off or declining may indicate exhaustion.
  3. Combination with Other Indicators: Pairing Repulse with volume analysis, support/resistance levels, or other oscillators can improve signal reliability https://www.bing.com/th?id=ODF.d-air0dTfzJToV3pPiuPKAprorealcode.com+1.
    Understanding the Repulse indicator formula allows traders to gauge market pressure effectively, anticipate potential reversals, and optimize entry and exit points in trading strategies.

This version is the price-based version, using an assortment of average and price options with a choice of floating levels, Donchian channel, or Quantile bands. Coloring options are outer levels cross, middle level cross, or slope change.

Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 88 KB
Attached File(s)
File Type: ex4 ! avgs smoothed repulse (mtf + alerts + arrows + btn).ex4   491 KB | 128 downloads
  • #548
  • May 19, 2026 3:47pm May 19, 2026 3:47pm
Quoting mrtools
Repulse Indicator The Repulse indicator measures market bullish or bearish pressure, calculated as the difference between positive and negative forces, often using EMAs or price-based ratios. Core Formula The Repulse indicator can be calculated in several ways depending on the platform or trading style: EMA-Based Formula: The most common approach uses exponential moving averages (EMAs) to quantify buying and selling pressure: Repulse = Pos_EMA - Neg_EMA Pos_EMA: Measures positive (bullish) pressure from buyers Neg_EMA: Measures negative...
Hi mrtools
Is there a way to have this indicator show more history on the chart?
Thanks, Chris.
  • #549
  • May 19, 2026 4:55pm May 19, 2026 4:55pm
Quoting cfudge
{quote} Hi mrtools Is there a way to have this indicator show more history on the chart? Thanks, Chris.
Hi Chris,

Yes, you can increase the fill bars (by default it is set to 500) or set the fill bars to zero which will give you more history but remove the filling.
  • #550
  • May 19, 2026 7:49pm May 19, 2026 7:49pm
Quoting mrtools
{quote} Hi Chris, Yes, you can increase the fill bars (by default it is set to 500) or set the fill bars to zero which will give you more history but remove the filling.
Thank you, that worked by going to 0.

I just want to let you know you have a complete system with this one indicator...it's quite extraordinary...I did a really simple random sample on the Gold 1M chart from the last 24 hrs and was able to net 58.5R with 16 trades broken down to 6 wins 2 small losses (@1R and 0.5R) 3 BE and 5 losers. I would have traded these at $100.00 per trade so that would equate to $5850.00.

Incredible

Chris

I am currently running a thread in the Trading Strategies forum and I will be focusing on that as those EAs are making good profit (presently 140% gain in 17 days) so I will have to put this on the back burner for now, but if any body else here has time to mess around with a simple EA for it please let me know and I will give the details for the system.
  • #551
  • May 19, 2026 8:09pm May 19, 2026 8:09pm
Quoting mrtools
Repulse Indicator The Repulse indicator measures market bullish or bearish pressure, calculated as the difference between positive and negative forces, often using EMAs or price-based ratios. Core Formula The Repulse indicator can be calculated in several ways depending on the platform or trading style: EMA-Based Formula: The most common approach uses exponential moving averages (EMAs) to quantify buying and selling pressure: Repulse = Pos_EMA - Neg_EMA Pos_EMA: Measures positive (bullish) pressure from buyers Neg_EMA: Measures negative...
hi sir,

Please share mq5 as well.
  • #552
  • May 20, 2026 10:02am May 20, 2026 10:02am
Quoting Mcxtrader
{quote} hi sir, Please share mq5 as well.

Hello,

Did this mt5 version.
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH1.png Size: 65 KB
Attached File(s)
File Type: ex5 avgs smoothed repulse (mtf + fl's +alerts + arrows).ex5   180 KB | 74 downloads
  • #553
  • May 20, 2026 7:51pm May 20, 2026 7:51pm
Quoting mrtools
{quote} Hello, Did this mt5 version. {image} {file}
Thank you very much Sir.
  • #554
  • May 20, 2026 9:59pm May 20, 2026 9:59pm
Quoting cfudge
{quote} Thank you, that worked by going to 0. I just want to let you know you have a complete system with this one indicator...it's quite extraordinary...I did a really simple random sample on the Gold 1M chart from the last 24 hrs and was able to net 58.5R with 16 trades broken down to 6 wins 2 small losses (@1R and 0.5R) 3 BE and 5 losers. I would have traded these at $100.00 per trade so that would equate to $5850.00. Incredible Chris I am currently running a thread in the Trading Strategies forum and I will be focusing on that as those EAs are...
Please how can I check out your thread in the Trading Strategies forum can I get the link? Thanks
  • #555
  • May 21, 2026 11:00am May 21, 2026 11:00am
Quoting mrtools
{quote} Hello, Did this mt5 version. {image} {file}
Please i need your help in converting this arrow alert functions to MT5 i know its not supposed to be done here but i dont want to miss you i was even thinking cfudge could do it . Please its for a HRLYBBWPR H1/ H4 strategy, When candle crosses the middle BB and close upside the next candle is the entry and the take profit is the upper BB thats all, the arrow setting is working fine for me, the only additional stuff i want attched to the arrow are 3 DOTS one dot BELOW THE ARROW....one dot mark the ENTRY and last dot marks the upper bb as TP , Then it goes on transition to MT5 . Please cfudge im sorry for posting this here, pardon me please.
Attached Image (click to enlarge)
Click to Enlarge Name: FOR MR TOOLS.JPG Size: 39 KB
Attached File(s)
File Type: mq4 2x5 MA CROSS FullAlerts.mq4   14 KB | 34 downloads
  • #556
  • May 21, 2026 3:11pm May 21, 2026 3:11pm
Quoting Slingshots1
{quote} Please i need your help in converting this arrow alert functions to MT5 i know its not supposed to be done here but i dont want to miss you i was even thinking cfudge could do it . Please its for a HRLYBBWPR H1/ H4 strategy, When candle crosses the middle BB and close upside the next candle is the entry and the take profit is the upper BB thats all, the arrow setting is working fine for me, the only additional stuff i want attched to the arrow are 3 DOTS one dot BELOW THE ARROW....one dot mark the ENTRY and last dot marks the upper bb as...
Sorry but that version repaints.
  • #557
  • Jun 3, 2026 7:14pm Jun 3, 2026 7:14pm
The Band %B (%b) is a technical indicator that quantifies the position of the price relative to the Bollinger Bands. It is calculated using the formula:

  1. %b = (Current Price - Lower Band) / (Upper Band - Lower Band)

This means:

  1. A %b value of 1 indicates the price is at the upper band, while a value of 0 indicates it is at the lower band https://www.bing.com/th?id=ODF.INhCOd4qElPoejfhZYl17AWikipedia.
  2. Readings above 0.80 suggest that the price is near the upper band, indicating potential overbought conditions, while readings below 0.20 suggest it is near the lower band, indicating potential oversold conditions https://www.bing.com/th?id=ODF.m4_eGpdnZxzJGwoW1zuMXQStockCharts.com.
  3. The %b indicator can be useful for identifying trends and trading signals, helping traders make informed decisions https://www.bing.com/th?id=ODF.WIu_F0zF5vDm-mKv5gIu4QTradingView+1.


This version is the same calculation except it is using varied options for band deviation, options to use are built in mt4 atr, custom atr, adaptive atr, standard error, ema deviation, relative ma deviation, fast ema deviation, adaptive ema deviation, adaptive relative ma deviation, adaptive fast ema deviation, weighted deviation, custom standard deviation - with sample correction, or custom standard deviation - without sample correction. Color choices and alerts are on floating outer levels cross, floating level middle cross, or slope change.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDDaily.png Size: 66 KB
Attached File(s)
File Type: ex4 ! Avgs percent bands fls (alerts).ex4   494 KB | 30 downloads
  • #558
  • Jun 5, 2026 11:48am Jun 5, 2026 11:48am
Spearman rank correlation

Spearman's rank correlation coefficient, denoted by ρ (rho), is a nonparametric measure of the strength and direction of the monotonic relationship between two continuous or ordinal variables. Unlike Pearson's correlation, which measures linear relationships, Spearman's correlation assesses how well the relationship between two variables can be described using a monotonic function.
Calculation of Spearman's Rank Correlation
To compute Spearman's rank correlation, follow these steps:

  1. Convert the data to ranks: Assign ranks to the values of each variable. If there are tied values, assign them the average of their ranks.
  2. Calculate the difference in ranks: For each pair of observations, compute the difference between the ranks of the two variables.
  3. Square the differences: Square each difference obtained in the previous step.
  4. Sum the squared differences: Sum all the squared differences.
  5. Apply the formula: Use the formula to calculate the Spearman correlation coefficient: [ ρ = 1 - \frac{6 \sum d_i^2}{n(n^2 - 1)} ] where (d_i) is the difference between the ranks of each observation, and (n) is the number of observations.

This version also can use Pearson's correlation if desired. Also uses an assortment of different rsi's included in the calculation with all the usual prices and options to smooth the correlated values with different moving average options.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 70 KB
Attached File(s)
File Type: ex4 ! Spearman rank correlation of rsi + avgs (mtf).ex4   581 KB | 25 downloads
  • #559
  • Jun 10, 3:25pm (21 hr ago) Jun 10, 3:25pm (21 hr ago)
Wave period oscillator

Theory :
The indicator is based on Akram El Sherbini's article "Time Cycle Oscillators" published in IFTA journal 2018.
The WPO is a short-term oscillator that measures the buying and selling period of price cycles over a certain time interval. The leading oscillator indicates a rise in buying period when it moves above the zero line and a rise in selling period when it moves below the zero line

Usage :
Trading Tactics
Centerline Crossover: As shown in Figure 11, a bullish centerline crossover occurs when the WPO line moves above the zero level to turn positive. A bearish centerline crossover occurs when the WPO line moves below the zero level to turn negative. When bulls are in control, the price rally begins and the average of the bull’s period T increases to drive the WPO line above the centerline. A buy signal is subsequently triggered. When the bulls start to loose power, prices move sideway and the average period decreases. In this case, the WPO line may flutter near the centerline and cause false signals, whipsaws. To avoid the whipsaws occuring on the centerline, the following trading tactics are proposed.

Changed out the EMA and built in prices for an assorted bunch of averages and prices. Also added deviation bands.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH4.png Size: 87 KB
Attached File(s)
File Type: pdf WavePeriodZoneOscillator.pdf   2.0 MB | 8 downloads
File Type: ex5 WPO avgs with deviation bands.ex5   140 KB | 8 downloads
  • #560
  • Jun 10, 5:36pm (19 hr ago) Jun 10, 5:36pm (19 hr ago)
Quoting mrtools
Wave period oscillator Theory : The indicator is based on Akram El Sherbini's article "Time Cycle Oscillators" published in IFTA journal 2018. The WPO is a short-term oscillator that measures the buying and selling period of price cycles over a certain time interval. The leading oscillator indicates a rise in buying period when it moves above the zero line and a rise in selling period when it moves below the zero line Usage : Trading Tactics Centerline Crossover: As shown in Figure 11, a bullish centerline crossover occurs when the WPO line moves above the zero level to turn positive. A bearish centerline crossover occurs when the WPO line moves below the zero level to turn negative. When bulls are in control, the price rally begins and the average of the bull’s period T increases to drive the WPO line above the centerline. A buy signal is subsequently triggered. When the bulls start to loose power, prices move sideway and the average period decreases. In this case, the WPO line may flutter near the centerline and cause false signals, whipsaws. To avoid the whipsaws occuring on the centerline, the following trading tactics are proposed. Changed out the EMA and built in prices for an assorted bunch of averages and prices. Also added deviation bands. {file} {image} {file}
Hello my Friend mrtools
Do we have it for mq4
My Regards
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