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Re: MT4 Indicator requests and ideas

Jimmy, Thu Dec 19, 2019 5:41 pm

mrtools wrote:
Thu Dec 19, 2019 7:05 am
Daim2574 wrote:
Thu Dec 19, 2019 3:55 am
Hi Mrtools,

could you please make your Z-score indicator as MTF

viewtopic.php?p=1295380928#p1295380928

Thanks a lot for the kind help :)
Added mtf.
Lovely work as always brother and thank you Daim2574 for the idea :)

In our Daily Downloads screenshot I've added a Moving Average to the subwindow which can help us gauge entries on the 30 minute chart.

The following settings are:

  • Z-Score using a 20 period setting
  • Moving Average (Simple) using a 5 period setting
  • Moving Average setting is set to "Previous Indicator's Data"

The settings idea is from an article from 2002 by Veronique Valcu (creator of the Z-Score) which I've attached as a PDF below.

Try these settings and see how they work for you!
Veronica Valcu - Z-Score Indicator.pdf
(137.06 KiB) Downloaded 452 times
Jurik Z-Score Indicator Settings Template.zip
(226.69 KiB) Downloaded 573 times
Jurik Z-Score indicator for MT4 with added Moving Average settings.png
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