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Re: Volume Indicators for MT4

kvak, Thu Dec 28, 2023 10:29 am

ixion700 wrote: Wed Dec 27, 2023 7:45 pm Hello dear @kvak. I have an idea for a volume based indicator and i hope you see into it if you find it interesting. As we know on original Chaikin oscillator's formula a 10 day exponential Ma is subtracted from a 3 day ema of accumulation-distribution line. Is it possible to change the indicator so that better smoothing types can be used in its formula instead of EMA and have mtf? In addition to that, the original Chaikin's idea was of a line crossing zero, but i think a smoothable signal line cross and a color change on slope can also help alot. Happy new year and holidays and many thanks to you in forward.
Hello.
I rewrite indicator, here is updated version with mtf, alerts, arrows and averages pack.
Also have 3 state for coloring, on slope, zero level cross and signal cross.

EDIT : Download new version from this POST
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