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Re: MT4 Indicator requests and ideas

Posted: Sat Jan 09, 2021 3:18 pm
by naluvs01
mrtools wrote: Sat Jan 09, 2021 6:44 am

Posted it here Synthetic Vix
Mr. Tools,
You are truly a Legend in your own time!!!!!! Thank you!

Re: MT4 Indicator requests and ideas

Posted: Sun Jan 10, 2021 2:16 am
by DrNefario
Would someone be able to code an indicator (X) that, when applied/dragged (like the MT4 Moving average indicator) to another indicator (Y) window, shows the difference between the current value of Y-indicator and the value of Y for the previous candle? And represent it as a histogram.
For example:
  • when the Y-indicator reaches it's peak, this X-indicator would start turning from positive to negative (cross the zero line).
  • also, when Y-indicator slows down (but keeps going up), this X-indicator would start turning downwards... and viceversa.
I guess this would be a simple way of measuring the evolution of the Y-indicator slope, and allow to enter or exit trades earlier when used on some smoothed indicators that can give late signals.

If such indicator -or similar that can measure the slope of another indicator- has already been shared here before, would someone mind pointing me in the right direction?

Re: MT4 Indicator requests and ideas

Posted: Sun Jan 10, 2021 2:31 am
by vhagwie
Hi Mr Tools,

Can you upgrade the Cronex Taichi indicator as follows:
1) A histogram where the trend changes as the price crosses over the Green Line either upward or downward, as shown in the picture?
2) Add arrow on the main chart as it crosses the Green line
3) Make it MTF, if possible?

Thank you so much, I learned a lot in this forum.

Re: MT4 Indicator requests and ideas

Posted: Sun Jan 10, 2021 3:35 am
by mrtools
DrNefario wrote: Sun Jan 10, 2021 2:16 am Would someone be able to code an indicator (X) that, when applied/dragged to another indicator (Y) window, shows the difference between the current value of Y-indicator and the value of Y for the previous candle? And represent it as a histogram.
For example:
  • when the Y-indicator reaches it's peak, this X-indicator would start turning from positive to negative (cross the zero line).
  • also, when Y-indicator slows down (but keeps going up), this X-indicator would start turning downwards... and viceversa.
I guess this would be a simple way of measuring the evolution of the Y-indicator slope, and allow to enter or exit trades earlier when used on some smoothed indicators that can give late signals.

If such indicator -or similar that can measure the slope of another indicator- has already been shared here before, would someone mind pointing me in the right direction?
If I'm understanding correctly don't think you would need 2 indicators.

Re: MT4 Indicator requests and ideas

Posted: Sun Jan 10, 2021 3:53 am
by DrNefario
mrtools wrote: Sun Jan 10, 2021 3:35 am

If I'm understanding correctly don't think you would need 2 indicators.
Correct, what I named Indicator "Y" in the example, could be a Stochastic with slow settings, or a MACD or whatever other indicator you would like to use.
What I'm looking for is the indicator I named "X" for loss of a better name.

Just like you can drag the MT4 Moving Average or Bollinger Bands indicator to another indicators window and apply it to "first indicators data" or "previous indicators data"... I'd like to know if someone could code an indicator whose value is the diference of the current and the previous candle value of whatever indicator it is applied to (maybe also include the option of applying it to "first indicator data" or "previous indicator data", so you could measure the slope of the moving average of an indicator, for example).

Essentially, it would measure the changes in slope/inclination of whatever indicator it is applied to.

Sorry if I made it sound too unclear, English isn't my first language.

Re: MT4 Indicator requests and ideas

Posted: Sun Jan 10, 2021 4:16 am
by traderokey
traderokey wrote: Sat Jan 09, 2021 10:53 am Also when you have time, please add all price options to this Stochastic MACD indicator.
Many thanks.


Stochastic MACD alerts.ex4

Hi Mrtools, not sure if you saw this. I'd appreciate if you can add the full price options.
Thanks again.

Re: MT4 Indicator requests and ideas

Posted: Sun Jan 10, 2021 5:04 am
by Intrest 1
mrtools wrote: Sun Jan 10, 2021 3:35 am

If I'm understanding correctly don't think you would need 2 indicators.
Hello mrtools.
Add reversal zones to the XO indicator.
Zone by the candle wick on the corresponding indicator bar, which is the last one above level 1 or -1.
Thank you

Re: MT4 Indicator requests and ideas

Posted: Sun Jan 10, 2021 9:17 am
by talaate
Hi mrtools
My regards
Is it possible to create Histo version from "3 ma - cross (mtf + alerts).ex4" for the only condition of up or down of "Ma fast/Ma medium/Ma slow"

Re: MT4 Indicator requests and ideas

Posted: Sun Jan 10, 2021 11:39 am
by Lord Rain
Hello, can some help me put a supply only and demand only buttons to this supply and demand indicator. thanks

Re: MT4 Indicator requests and ideas

Posted: Sun Jan 10, 2021 1:50 pm
by mrtools
traderokey wrote: Sun Jan 10, 2021 4:16 am


Hi Mrtools, not sure if you saw this. I'd appreciate if you can add the full price options.
Thanks again.
Posted here Stochastic Macd