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Re: MT4 Indicator requests and ideas
Posted: Tue Aug 02, 2022 5:48 am
by pin12
Hi !
Until today I did not find a smart robot that adjusts all the parameters automatically according to a single control, or according to the balance of an account.
It could even be automatically optimized according to each broker and other characteristics of each account.
I think it would not be very difficult to do so.
Just an idea.
Re: MT4 Indicator requests and ideas
Posted: Tue Aug 02, 2022 3:31 pm
by doprotonu
friend4you wrote: Thu Jul 07, 2022 2:58 pm
Pease ask mrtools for implimenting your suggestions and show pics of your usage.
The problem is already solved.
Re: MT4 Indicator requests and ideas
Posted: Wed Aug 03, 2022 8:55 pm
by Jedidiah
rudiarius wrote: Mon Dec 14, 2020 3:47 am
Hello Darks,
Thanks for the interesting indicators you share here, I really appreciate your efforts.
Can you confirm that this "inverse bands" indicator is the same as the Bermaui bands. I have an MT5 indicator (see below) that looks the same it only lacks the squeeze component from your indicator. (Which makes yours even better
)
As the original creator Al Bermaui explains the idea behind the indicator is:
1. Calculate Standard Deviation as an oscillator that moves between 0 and 100. I will name it Bermaui Deviation percent (BD %).
2. If "BD %" is near zero then volatility is at its extreme. In addition, if "BD %" is near 100 then volatility is very low.
3. High volatility means a great probability for a trending market, while low volatility means side-way or ranging market.
4. Middle Line is a Simple Moving Average (SMA) because Standard Deviation is calculated depending on SMA.
5. Add "BD %" to a simple moving average with the same number of bars in the calculation to get The Upper Bermaui Band.
6. Subtract "BD %" from a simple moving average with the same number of bars in the calculation to get The Lower Bermaui Bands.
If you can confirm that these indicators are actually the same (or the difference between them) I will also post the MT5 indicator in the correct thread.
Dear Mr Tools, Can u convert it to MT4 version? .
I really don't want to give money to MQL5 merchants for nothing.
I'd rather give it to our dearest Mr. Tools.
Gratitude
Re: MT4 Indicator requests and ideas
Posted: Thu Aug 04, 2022 1:26 pm
by Jedidiah
honje19960321 wrote: Wed Aug 03, 2022 8:55 pm
Dear Mr Tools, Can u convert it to MT4 version? .
I really don't want to give money to MQL5 merchants for nothing.
I'd rather give it to our dearest Mr. Tools.
Gratitude
mrtools wrote: Thu Aug 04, 2022 3:37 am
Version with arrows, alerts, and deviation control. And not sure how close it is to Darks or the original author's versions.
Expect the teacher to add all averaging methods to it, including Jurik Average.
Re: MT4 Indicator requests and ideas
Posted: Fri Aug 05, 2022 12:13 am
by mrtools
honje19960321 wrote: Thu Aug 04, 2022 1:26 pm
Expect the teacher to add all averaging methods to it, including Jurik Average.
Are you finding it close to the original Bermaui bands?
Re: MT4 Indicator requests and ideas
Posted: Fri Aug 05, 2022 1:49 am
by Jedidiah
mrtools wrote: Fri Aug 05, 2022 12:13 am
Are you finding it close to the original Bermaui bands?
I just got home.
In my judgment.
I think. . . not close to the original version
Always feel like something is missing.
Thank you very much for your efforts Mr. Tools
Re: MT4 Indicator requests and ideas
Posted: Fri Aug 05, 2022 6:24 am
by branesuraj
Hi
@MrTools
i want zero line cross alert for this histogram indicator.
please keep this request .
Re: MT4 Indicator requests and ideas
Posted: Fri Aug 05, 2022 1:02 pm
by Jedidiah
honje19960321 wrote: Thu Aug 04, 2022 1:26 pm
Expect the teacher to add all averaging methods to it, including Jurik Average.
Indeed, it should be upgraded after a more complete version. .
Re: MT4 Indicator requests and ideas
Posted: Fri Aug 05, 2022 3:44 pm
by Deez
Hi MrTools,
Could you please modify this indi for me - currently it changes color on level cross but could you please make it change on
level cross && (when it crosses outside bands)
Thanks again.
Re: MT4 Indicator requests and ideas
Posted: Fri Aug 05, 2022 8:25 pm
by Jimmy
Honje, just a second
To avoid unnecessary workload on Mrtools, what makes you suggest the code that's not matching the requested criteria to be now upgraded to a "complete" version? How would a more complete version help?
Please let Mrtools understand the purpose of your additional request to avoid any work going to waste and confusion by others.
mrtools wrote: Fri Aug 05, 2022 12:13 am
Are you finding it close to the original Bermaui bands?
honje19960321 wrote: Fri Aug 05, 2022 1:02 pm
it should be upgraded after a more complete version. .
)