Page 12 of 17

Re: Mini Chart & Value Chart Display Indicators MT4

Posted: Tue Aug 29, 2023 6:39 am
by PhilaniKubeka23
mrtools wrote: Sat Sep 24, 2022 2:04 pm This is a dynamic zone step oma, indicator has a choice of using heiken ashi smoothed bars or regular value chart bars, the step oma has value filter and or price filters also has limited bar display, which is kind of funky, but it still seems to work as long as you don't go too low with the amount of bars.
Hello,
How do use this indicator? How do you read it?
Sorry, I am new here. I understand overvalue and undervalued price in the traditional way, but I don't know how to interpret with OMA and HeikenAshi all together with the zones.
It is detrended from Price, but when is the buy / sell signal?

Re: Mini Chart & Value Chart Display Indicators MT4

Posted: Tue Aug 29, 2023 7:04 am
by mrtools
PhilaniKubeka23 wrote: Tue Aug 29, 2023 6:28 am Hello,
How do use this indicator? How do you read it?
Sorry, I am new here. I understand overvalue and undervalued price in the traditional way, but I don't know how to interpret with OMA and HeikenAshi all together with the zones.
It is detrended from Price, but when is the buy / sell signal?
The zones are now dynamic ob/os or dynamic upper/lower zones depending on how you trade them. You can use oma color changes with the heiken ashi to maybe go in the direction of the color changes maybe in agreement with a higher timeframe signal.

Re: Mini Chart & Value Chart Display Indicators MT4

Posted: Tue Aug 29, 2023 4:03 pm
by PhilaniKubeka23
mrtools wrote: Tue Aug 29, 2023 7:04 am The zones are now dynamic ob/os or dynamic upper/lower zones depending on how you trade them. You can use oma color changes with the heiken ashi to maybe go in the direction of the color changes maybe in agreement with a higher timeframe signal.
Can I use it for Divergence?
or is this just coincidence. I don't really know what the OMA is looking at or calculating average of the value chart?

Re: Mini Chart & Value Chart Display Indicators MT4

Posted: Wed Aug 30, 2023 2:25 am
by mrtools
PhilaniKubeka23 wrote: Tue Aug 29, 2023 4:03 pm Can I use it for Divergence?
or is this just coincidence. I don't really know what the OMA is looking at or calculating average of the value chart?
It's an oma of the average of the value chart values. And it can be used for divergence.

Re: Mini Chart & Value Chart Display Indicators MT4

Posted: Fri Sep 01, 2023 2:56 am
by PhilaniKubeka23
mrtools wrote: Wed Aug 30, 2023 2:25 am It's an oma of the average of the value chart values. And it can be used for divergence.
Thank you.
How can I use this on Indices?
When I put this indicator on Gold and Nasdaq, it looks pretty messy.

What settings can you recommend?
I tried messing around with the settings, but because I don't know the details of each parametre, it is a problem for me to configure it.

Re: Mini Chart & Value Chart Display Indicators MT4

Posted: Fri Sep 01, 2023 8:06 pm
by maroka
PhilaniKubeka23 wrote: Fri Sep 01, 2023 2:56 am Thank you.
How can I use this on Indices?
When I put this indicator on Gold and Nasdaq, it looks pretty messy.

What settings can you recommend?
I tried messing around with the settings, but because I don't know the details of each parametre, it is a problem for me to configure it.
Hello PhilaniKubeka23, you can try higher timeframe if the current one looks messy, or keep playing around with the settings and tweak to your taste.

Re: Mini Chart & Value Chart Display Indicators MT4

Posted: Fri Sep 01, 2023 8:09 pm
by PhilaniKubeka23
Jedidiah wrote:Mon Sep 26, 2022 5:40 am dynamic_zone_value_chart_averages_arrows__alerts.ex4
This indicator does not work.
it says you are trying to use a reamed indicator..

How do I get it to work?

Re: Mini Chart & Value Chart Display Indicators MT4

Posted: Fri Sep 01, 2023 8:11 pm
by maroka
PhilaniKubeka23 wrote: Fri Sep 01, 2023 8:09 pm This indicator does not work.
it says you are trying to use a reamed indicator..

How do I get it to work?
Change the name back to the original.

Re: Mini Chart & Value Chart Display Indicators MT4

Posted: Fri Sep 01, 2023 8:15 pm
by PhilaniKubeka23
maroka wrote: Fri Sep 01, 2023 8:11 pm Change the name back to the original.
What is the original name?
I just downloaded it as is.

How do I find out what the original name is?

Re: Mini Chart & Value Chart Display Indicators MT4

Posted: Fri Sep 01, 2023 8:19 pm
by maroka
PhilaniKubeka23 wrote: Fri Sep 01, 2023 8:15 pm What is the original name?
I just downloaded it as is.

How do I find out what the original name is?
I had thought you renamed it?
I thought you were using this indi a while ago and complained it was messy... What changed?

Maybe delete and redownload it?