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Re: ADX DMI Indicators for MT4
Posted: Mon May 03, 2021 4:16 am
by mrtools
From Mladen::::
ADXm - on-chart version
It is not just a mere transform to on-chart version, but is having additions compared to the original ADXm (namely averages choice for price pre-smoothing, filtering, floating levels, ...). All in all, some playing recommended (as usual), but is seems to be usable with those additions ...
Re: ADX DMI Indicators for MT4
Posted: Mon May 03, 2021 5:54 am
by Skyold
mrtools wrote: Mon May 03, 2021 4:16 am
From Mladen::::
ADXm - on-chart version
It is not just a mere transform to on-chart version, but is having additions compared to the original ADXm (namely averages choice for price pre-smoothing, filtering, floating levels, ...). All in all, some playing recommended (as usual), but is seems to be usable with those additions ...
Hi mrtools,
Thank you very much for the awesome ADX indicators and of course mladen and their tireless efforts for the community.
Skyold
Re: ADX DMI Indicators for MT4
Posted: Mon May 03, 2021 9:36 pm
by Jimmy
mrtools wrote: Mon May 03, 2021 4:16 am
ADXm - on-chart version
Thank you for posting this up Mrtools. I've always loved these on-chart indicators, they are certainly special and these one looks good for trading breakouts
Re: ADX DMI Indicators for MT4
Posted: Mon May 03, 2021 11:28 pm
by josi
mrtools wrote: Mon May 03, 2021 3:50 am
This is an older version of ADXm originally from ANG, nice indicator but the colors repainted, Mladen fixed it in this version.
1st test: methinks, it works real well
Re: ADX DMI Indicators for MT4
Posted: Tue May 04, 2021 8:41 pm
by Skyold
mrtools wrote: Mon May 03, 2021 4:16 am
From Mladen::::
ADXm - on-chart version
It is not just a mere transform to on-chart version, but is having additions compared to the original ADXm (namely averages choice for price pre-smoothing, filtering, floating levels, ...). All in all, some playing recommended (as usual), but is seems to be usable with those additions ...
Hello mrtools,
could you please insert the indi the option next higher tf?
Many Thanks
Re: ADX DMI Indicators for MT4
Posted: Wed May 05, 2021 2:34 am
by mrtools
Skyold wrote: Tue May 04, 2021 8:41 pm
Hello mrtools,
could you please insert the indi the option next higher tf?
Many Thanks
Sorry don't have the code for that one.
Re: ADX DMI Indicators for MT4
Posted: Tue May 18, 2021 11:43 pm
by 太虚一毫
mrtools wrote: Tue Feb 21, 2017 11:13 am
From Mladen
Here is the oscillator version PS: still left the 4 types of smoothing method. To remind : original ADX (DMI) is calculated using SMMA (which is sometimes called "running MA" and is equal in values to what is called "Wilders EMA" which is used in original DMI), but I left the option to experiment with the other types of averages too
dmi_oscillator.png
dmi oscillator.mq4 mladen 2016.11.20 #14190mladen:
Here is the oscillator version PS: still left the 4 types of smoothing method. To remind : original ADX (DMI) is calculated using SMMA (which is sometimes called "running MA" and is equal in values to what is called "Wilders EMA" which is used in original DMI), but I left the option to experiment with the other types of averages too Also this version :This version has an option to smooth the results of the oscillator and it has 3 choices of color chage : on levels crosson zero cross and on slope changealerts are triggered according to color change choice
dmi_oscillator__2.png
viewtopic.php?f=579496&p=1294881540#p1294881540
DMI oscillator 1.1、DMI oscillator 1.3
Strange, this simple oscillator is more accurate than many other indicators!
Re: ADX DMI Indicators for MT4
Posted: Wed May 19, 2021 12:02 am
by ChuChu Rocket
Good feedback man. Yes, it's another hidden gem on Forex Station. What do you think could be upgraded on it?
Re: ADX DMI Indicators for MT4
Posted: Wed May 19, 2021 12:14 am
by 太虚一毫
ChuChu Rocket wrote: Wed May 19, 2021 12:02 am
Good feedback man. Yes, it's another hidden gem on Forex Station. What do you think could be upgraded on it?
From the perspective of using and making money, it doesn't matter if you upgrade or not. Because its signal is perfect.
If you want to upgrade, it is also from the aesthetic point of view to make it look more beautiful.
Perhaps, you can add a complete set of prices and averaging methods to test and see which configuration is the best.
This is the Euro 5-minute chart (see the 15-minute signal):
Re: ADX DMI Indicators for MT4
Posted: Fri May 21, 2021 9:44 am
by talaate
Dear Mrtools
Would you let alerts and arrows display on the strong signal (i.e. indicator_color1 and indicator_color3) as they are more than level 2 (0.05). You may also add level 2 value, if possible, as option in the indicator setting , so one can adjust it as option, that will be perfect.
,Also, I would appreciate, if you may add alerts when week signal (i.e. indicator_color2 and indicator_color4).
Thanks
as