mrtools wrote: Sun May 19, 2024 2:12 am Not sure why i am even bothering since there seems to be little interest but anyway, added Wilder's rsi double smoothed ema to the rsi mix.

I think we all agree that you are doing an excellent job and hope that you'll continue to come up with new creations forever and forever and forever...

As so often I dare to hand out some "food for thought", nevertheless.
And this has nothing to do with MrTools' work at all but is inherent to stochastic indicators in general (and to some extent also to MACDs) : if people follow the signals without thinking, they will burn a lot of money:
Loss of momentum does not always result in falling prices - or even a range - etc

mrtools wrote: Sun May 19, 2024 2:12 am Heiken Ashi Stochastic Divergences indicator - optimized

Not sure why i am even bothering since there seems to be little interest but anyway, added Wilder's rsi double smoothed ema to the rsi mix.

PS: For the RSI version of this indicator, please see: Heiken Ashi RSI Divergences indicator for MT4.

I'm also a little less active in ideas and suggestions due to my work, but I always keep an eye on 100% of your posts. I'm deeply grateful to you, our programmer friends like Kvak and our members who put their ideas here and not least, Jimmy and the Moderators.


I wish you an excellent, happy and profitable week

mrtools wrote: Sun May 19, 2024 2:12 am Heiken Ashi Stochastic Divergences indicator - optimized

Not sure why i am even bothering since there seems to be little interest but anyway, added Wilder's rsi double smoothed ema to the rsi mix.

Amazing work! Thank you MrTools

mrtools wrote: Sun May 19, 2024 2:12 am Heiken Ashi Stochastic Divergences indicator - optimized

Not sure why i am even bothering since there seems to be little interest but anyway, added Wilder's rsi double smoothed ema to the rsi mix.

PS: For the RSI version of this indicator, please see: Heiken Ashi RSI Divergences indicator for MT4.

I can't change the levels. What can be done about this?

Intrest 1 wrote: Wed May 22, 2024 4:46 pm I can't change the levels. What can be done about this?

Should be able to change levels in this version.

pin12 wrote: Tue Jul 23, 2024 1:27 pm Hello

Would it be possible to convert this indicator from MT5 to MT4 please?

Zig-Zag of Heiken Ashi Candlesticks

Made this version, not sure how close to the mt5 version it is though.

This is a Zig-Zag that's calculated and drawn using the the highs and lows of the Heikin Ashi candlesticks. As the color of the Heikin Ashi bars change, the direction of the Zig-Zag pattern also changes accordingly.

You clever guys it never crossed my mind to have a zig zag using HA for calculation........ niceee

pin12 wrote: Tue Jul 23, 2024 1:27 pm Would it be possible to convert this indicator from MT5 to MT4 please?

mrtools wrote: Wed Jul 24, 2024 1:06 am Made this version

kvak wrote: Wed Aug 09, 2023 4:06 am Heiken Ashi (TradingView formula) with 3x MA Ribbon

Sorry for that, I find one my bug and then some averages have error, here is corrected version....
Channel is based only on period, you may try adjust periods and increase the distance between periods....

+ Added separate colors for wick.

Hi, kvak,thanks for this indicator, is it possible for the arrows to be separated i.e different arrows for when medium period cross long period and when fast period cross medium like you did 3x alma (cross+ribbon) . so i can easily see the arrow for long trend and the other arrow for entry. would like if i can adjust the colour and size so that one can easily differentiate it, Thanks.

Topguy7 wrote: Sat Aug 24, 2024 1:14 am Hi, kvak,thanks for this indicator, is it possible for the arrows to be separated i.e different arrows for when medium period cross long period and when fast period cross medium like you did 3x alma (cross+ribbon) . so i can easily see the arrow for long trend and the other arrow for entry. would like if i can adjust the colour and size so that one can easily differentiate it, Thanks.

Hello. Like this?
Added arrows/alerts for fast/medium and medium/slow MA cross