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Re: Convert MT5 indicators to MT4
Posted: Mon Jan 25, 2021 7:05 am
by DVanAssen
DVanAssen wrote: Fri Jan 22, 2021 9:10 pm
Hi Jimmy and all
Please see if this MQ5 indicator can be converted to MQ4. Many thanks - Good weekend to all
hi Jimmy - any feedback on my request
Re: Convert MT5 indicators to MT4
Posted: Mon Jan 25, 2021 4:42 pm
by Eka
Dear mrtool ,
Would you convert this too
Re: Convert MT5 indicators to MT4
Posted: Tue Jan 26, 2021 5:30 am
by mrtools
Eka wrote: Mon Jan 25, 2021 4:42 pm
Dear mrtool ,
Would you convert this too
Have this version with all the averages already, adxvma is included.
Re: Convert MT5 indicators to MT4
Posted: Tue Jan 26, 2021 7:01 am
by neufert
mrtools wrote: Sun Dec 22, 2019 12:44 pm
There was some older mt4 versions which I made more user friendly and optimized the code somewhat. In the trading the trend indicator there are now more choices for the moving averages for the atr.
Hello Mr.Tools, I would like you to add your standard voice alarm for "trading the trend".
Re: Convert MT5 indicators to MT4
Posted: Tue Jan 26, 2021 1:52 pm
by Eka
mrtools wrote: Tue Jan 26, 2021 5:30 am
Have this version with all the averages already, adxvma is included.
Thank You mrtools
Re: Convert MT5 indicators to MT4
Posted: Tue Jan 26, 2021 5:05 pm
by moey_dw
mrtools wrote: Tue Jan 26, 2021 5:30 am
Have this version with all the averages already, adxvma is included.
one of the best trend indi ever..............
trends = itrend
counter trend = haos chaos visual
Re: Convert MT5 indicators to MT4
Posted: Tue Jan 26, 2021 6:21 pm
by josi
mrtools wrote: Tue Jan 26, 2021 5:30 am
Have this version with all the averages already, adxvma is included.
What exactly is the function of the goldenrod-line?
Re: Convert MT5 indicators to MT4
Posted: Tue Jan 26, 2021 7:04 pm
by ChuChu Rocket
josi wrote: Tue Jan 26, 2021 6:21 pm
What exactly is the function of the goldenrod-line?
It's used to determine the strength of the trend. Once it's broken, the trend is 100% locked in and confirmed. This is a good signal to enter.
It's like how some traders add a 20 line to the ADX to determine volatility. But what is good about the line on the itrend is that it's sort of Dynamic, as it adjusts itself, and is not just a flat line added
Would be good to hear an answer from Mrtools about it, too, in case I have missed something.
Re: Convert MT5 indicators to MT4
Posted: Tue Jan 26, 2021 8:32 pm
by Dego
ChuChu Rocket wrote: Tue Jan 26, 2021 7:04 pm
It's used to determine the strength of the trend. Once it's broken, the trend is 100% locked in and confirmed. This is a good signal to enter.
It's like how some traders add a 20 line to the ADX to determine volatility. But what is good about the line on the itrend is that it's sort of Dynamic, as it adjusts itself, and is not just a flat line added
Would be good to hear an answer from Mrtools about it, too, in case I have missed something.
Could you show a chart what is a good setup for the goldenrod line? And on what tf?
Re: Convert MT5 indicators to MT4
Posted: Tue Jan 26, 2021 9:30 pm
by ChuChu Rocket
Dego wrote: Tue Jan 26, 2021 8:32 pm
Could you show a chart what is a good setup for the goldenrod line? And on what tf?
There is an example already on Forex Station's Daily Download page and their Social Media pages
It works on all timeframes but I use it on the 4H.