TEAMTRADER wrote: Fri Sep 01, 2017 12:53 am I do not seem to be getting anywhere with this indicator request so I post it again for the third time.
The SIGNAL it produces seems to be based on the opening price when outside the bands.
The ALERT shows only the price penetrating the bands.
Can the ALERT be made to show only when the SIGNAL shows on screen please?
Appreciate it if Mr Tools or MLaden could adapt so it 'corrects' this indicator.
TEAMTRADER
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Re: MT4 Indicators with alerts/signals
friend4you, Fri Sep 29, 2017 12:12 am
Maybe you should try this keltner indicator with alarm at bands. Lwma 60 with ATR 30 on KATR 3 will be similar to your TMA 55, but not repainting. The simplier ATR bands (brown in picture) is faster for your renko charts, both calculate volatilty bands similar to starc bands.
Screenshot_215.png