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Re: MT4 Indicator requests and ideas
Posted: Sun Feb 19, 2017 5:58 am
by tradre
Thank you mladen it works now...
Re: MT4 Indicator requests and ideas
Posted: Sun Feb 19, 2017 6:13 am
by friend4you
TDI rsx based - smoothed alerts lines2 nmc.mq4 has already many functions and is from tsd from 2012. Maybe you find similar versions on your harddiscs?
As I use renko charts, a fast (in cpu terms), simple version would be the best.
It's just a rsi with bollinger bands on it, which needs some smoothing and adaptiveness.
I just found on the bad tsd search engine this file, maybe you want to enhance it a little bit with some filtering?
If I deactivate lines on an indicator, does that make it faster or does the indicator just don't show the lines like in the rsx indicator of the second post?
Re: MT4 Indicator requests and ideas
Posted: Sun Feb 19, 2017 6:30 am
by Pava
...forget me if I am wrong...but shouldn't there be another thread with same name "Requests and Ideas"?...
Re: MT4 Indicator requests and ideas
Posted: Sun Feb 19, 2017 7:01 am
by mrtools
There has been a lot of upgrades in a lot of things related to this indicator, think will be able to use a lot of them in this indicator.Will work on it.
Re: MT4 Indicator requests and ideas
Posted: Sun Feb 19, 2017 7:28 am
by tradre
Pava wrote:...forget me if I am wrong...but shouldn't there be another thread with same name "Requests and Ideas"?...
there are two in forex-tsd because one was getting 'full' thats why a second one was created...so unless this one is 'full' there should be only one available
Re: MT4 Indicator requests and ideas
Posted: Sun Feb 19, 2017 7:42 am
by friend4you
That would be wonderful. I love the adaptive version. It shows divergence and it is one of the few indicators, which can warn you that the price can consolidate before it happens.Trade it always with the trend as you know an instrument can be overbought/sold a long time on strong trends. But if the price moves with waves, it is very good.
What does this settings do?
tdi_rsx_based_-_adaptive_smoothed__alerts__lines__divergence.mq4
"RsxSignalLinePhase = 0;"
"extern bool RsxPriceLineDouble = false;"
I can't see much change?
In the meantime a simple task to ma-like indicator, which does not overreact like hull ma:
I present to you one of my favourite ma. Can you add alerts on slope change and cross over? On backtests the first line seems to repaint two bars sometimes, can you make it completely non-repainting?
Can you make more options changeable like in line 109: MODE_LWMA, PRICE_CLOSE
ld_104 = 2 * iMA(NULL, 0, period_44, 0, MODE_LWMA, PRICE_CLOSE, li_20);
In which ways is your invention oma (one more average) better?
You see in the picture also some StepMA testing. 3ma are the colored lines in waves.
Re: MT4 Indicator requests and ideas
Posted: Sun Feb 19, 2017 9:13 am
by mladen
Nagh. The two "Requests and Ideas" happened on TSD because there was elite and advanced elite section (which were not visible by each other in some cases) and then two threads with same name were created. No need for that here at all
Re: MT4 Indicator requests and ideas
Posted: Sun Feb 19, 2017 9:43 am
by Pava
...ok...I still miss fun threads...like "ADX?"...or "MACD!"...I even have some ideas about naming threads...like "RSI!?" or MA?!"...
Re: MT4 Indicator requests and ideas
Posted: Sun Feb 19, 2017 1:49 pm
by mrtools
friend4you wrote:I found these popular TDI indicators of Dean Malone from 2006, maybe the first zone indicator.
Is it possible to adjust the settings of TDI Alerts v4 to use on several settings for smoothing or filtering? Adaptivness would also be great.
Does it make sense to add the other rsi methods like cuttlers?
Other TDI versions can be downloaded here
Code: Select all
//+------------------------------------------------------------------+
//| |
//| Traders Dynamic Index |
//| |
//| This hybrid indicator is developed to assist traders in their |
//| ability to decipher and monitor market conditions related to |
//| trend direction, market strength, and market volatility. |
//| |
//| Even though comprehensive, the T.D.I. is easy to read and use. |
//| |
//| Green line = RSI Price line |
//| Red line = Trade Signal line |
//| Blue lines = Volatility Band |
//| Yellow line = Market Base Line |
//| |
//| Trend Direction - Immediate and Overall |
//| Immediate = Green over Red...price action is moving up. |
//| Red over Green...price action is moving down. |
//| |
//| Overall = Yellow line trends up and down generally between the |
//| lines 32 & 68. Watch for Yellow line to bounces off |
//| these lines for market reversal. Trade long when |
//| price is above the Yellow line, and trade short when |
//| price is below. |
//| |
//| Market Strength & Volatility - Immediate and Overall |
//| Immediate = Green Line - Strong = Steep slope up or down. |
//| Weak = Moderate to Flat slope. |
//| |
//| Overall = Blue Lines - When expanding, market is strong and |
//| trending. When constricting, market is weak and |
//| in a range. When the Blue lines are extremely tight |
//| in a narrow range, expect an economic announcement |
//| or other market condition to spike the market. |
//| |
//| |
//| Entry conditions |
//| Scalping - Long = Green over Red, Short = Red over Green |
//| Active - Long = Green over Red & Yellow lines |
//| Short = Red over Green & Yellow lines |
//| Moderate - Long = Green over Red, Yellow, & 50 lines |
//| Short= Red over Green, Green below Yellow & 50 line |
//| |
//| Exit conditions* |
//| Long = Green crosses below Red |
//| Short = Green crosses above Red |
//| * If Green crosses either Blue lines, consider exiting when |
//| when the Green line crosses back over the Blue line. |
//| |
//| |
//| IMPORTANT: The default settings are well tested and proven. |
//| But, you can change the settings to fit your |
//| trading style. |
//| |
//| |
//| Price & Line Type settings: |
//| RSI Price settings |
//| 0 = Close price [DEFAULT] (COHLMTW) |
//| 1 = Open price. |
//| 2 = High price. |
//| 3 = Low price. |
//| 4 = Median price, (high+low)/2. |
//| 5 = Typical price, (high+low+close)/3. |
//| 6 = Weighted close price, (high+low+close+close)/4. |
//| |
//| RSI Price Line & Signal Line Type settings |
//| 0 = Simple moving average [DEFAULT] |
//| 1 = Exponential moving average |
//| 2 = Smoothed moving average |
//| 3 = Linear weighted moving average |
//| SMA EMA SMMA LWMA |
//| Good trading, |
//| |
//| Dean |
//+------------------------------------------------------------------+
This is a updated user friendly version with the choices of rsi, only thing it's lacking know is the mtf which is in work
Re: MT4 Indicator requests and ideas
Posted: Sun Feb 19, 2017 6:23 pm
by mladen
Pava wrote:...ok...I still miss fun threads...like "ADX?"...or "MACD!"...I even have some ideas about naming threads...like "RSI!?" or MA?!"...
Oh well - there will probably be cases like that with time, but we shall try to keep the forum simple and logical. But as usual, the main part is done by users / members of the forum - not the mods