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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

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!
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