Hi all
First of all I would like to thanks Mladen and Mr. Tools Guys hats off to you both, with help of your indicator i am able to get some good results in my trading.
I have a question regarding 4 time frame indicator. I have been testing 4 time frame macd bars. I back test them on usdjpy. The parameter i have been using for macd is 5 8 3 . I used 1 hour chart for trading. Buy setup when i see weekly and daily macd bar turn from red to green I buy. Sell setup when i see weekly and daily macd turn from green to red i sell. Could you please suggest? yeah last but not the least does this indicator repaint.
Thank you
Re: 4 Time Frame and All TFs Indicators for MT4
352Multi time frame indicators by their nature will recalculate/repaint because if your say using it on a 4 hour chart and looking at a daily time frame on the indicator, there is a period of 6, 4 hour bars that can change direction before the daily bar is complete, hopefully that helps to explain.Indyboy wrote: Wed Feb 26, 2020 1:49 am I have a question regarding 4 time frame indicator. I have been testing 4 time frame macd bars. I back test them on usdjpy. The parameter i have been using for macd is 5 8 3 . I used 1 hour chart for trading. Buy setup when i see weekly and daily macd bar turn from red to green I buy. Sell setup when i see weekly and daily macd turn from green to red i sell. Could you please suggest? yeah last but not the least does this indicator repaint.
More on this: Why do Multi-timeframe indicators need to repaint/recalculate?
Re: 4 Time Frame and All TFs Indicators for MT4
353
Thank you very much Mr.toolsmrtools wrote: Wed Feb 26, 2020 4:52 am Multi time frame indicators by their nature will recalculate/repaint because if your say using it on a 4 hour chart and looking at a daily time frame on the indicator, there is a period of 6, 4 hour bars that can change direction before the daily bar is complete, hopefully that helps to explain.
You and many people in this forex station have been very helpful.
Re: 4 Time Frame and All TFs Indicators
354Actually it is always good to have 5 time frame histograms. II also use H4 to see the trend in the M5 chart.Banzai wrote: Sat Jan 11, 2020 9:02 am
I modified it to see the H4 trend in the M5 chart.
Also check out "4 time frame stochastic 2.01 nmc.mq4" at:
viewtopic.php?p=1295351989#p1295351989
I like a horizontal band like histogram which makes it very visual to see Pullbacks and Throwbacks.
It does not have H4 TF. Can you please make it 5 time frame ? Thank you
Re: 4 Time Frame and All TFs Indicators for MT4
355Thanks, man, really good work - I will test it!kvak wrote: Sat Jan 11, 2020 12:33 am Creation from coder Tankk.
Tied Signals to Arrows ... added SIGNALBAR, but it works on the "current chart period" ...
and since 4 TF are applied immediately = Arrows may disappear before the high candle closes, and the Signal has already triggered ....
therefore, and ideally, SIGNALBAR should be increased by a multiple of the oldest TF: for example: M5-M15-M30-H1 -> SIGNALBAR = 1 + (H1 / M5) = 13.
Re: 4 Time Frame and All TFs Indicators for MT4
356Missing 4 time frame tma centered.
Perhaps respected coders will make this indicator
Perhaps respected coders will make this indicator
Re: 4 Time Frame and All TFs Indicators for MT4
357repainting crapkvak wrote: Sat Jan 11, 2020 12:33 am Creation from coder Tankk.
Tied Signals to Arrows ... added SIGNALBAR, but it works on the "current chart period" ...
and since 4 TF are applied immediately = Arrows may disappear before the high candle closes, and the Signal has already triggered ....
therefore, and ideally, SIGNALBAR should be increased by a multiple of the oldest TF: for example: M5-M15-M30-H1 -> SIGNALBAR = 1 + (H1 / M5) = 13.
Scalping the Century TimeFrame since 1999
Re: 4 Time Frame and All TFs Indicators for MT4
358
Hello trader
May i get this indicator, please upload it.
Thank you.
Re: Expanding 4 Time Frame and All TFs Indicators
359It is always good to have 5 time frame histograms. II also use H4 to see the trend in the M5 chart.
I like a horizontal band like histogram which makes it very visual to see Pullbacks and Throwbacks.
It does not have H4 TF. Can you please make it 5 time frame ? Thank you
Pullback visuals shown by highlow rainbow.jpg
[/quote]
Dear mrtools, may I request to make 5 TF horizontal bands for the attached indicator Rainbow Thank you.
I like a horizontal band like histogram which makes it very visual to see Pullbacks and Throwbacks.
It does not have H4 TF. Can you please make it 5 time frame ? Thank you
Pullback visuals shown by highlow rainbow.jpg
[/quote]
Dear mrtools, may I request to make 5 TF horizontal bands for the attached indicator Rainbow Thank you.
Re: 4 Time Frame & All TFs Indicators
360#38
Thank you Mr.mntiwana!
This is great indicator.
And I want to 4or5 kinds of Lengh and Deviation , not MTF
Alert and Arrow when all signals are the same
For example in M15 chart
25SMA and 3σ
50SMA=M30 and 2σ
100SMA=H1 and 1.5σ
400SMA=H4 and 1σ
https://forex-station.com/app.php/attach/file/3309053