• MT4 Indicator requests and ideas

Posted: **Sun Nov 13, 2022 4:49 pm**

Hi all,

Is there any indicators which show which hourly candle make daily high or low - attached pic of TRO indicator - Hopefully something available like this ?

Thanks

Posted: **Sun Nov 13, 2022 4:50 pm**

honje19960321 wrote: Sun Nov 13, 2022 3:49 pm Dear Mr Tools, this is a hidden gem.

Honje.

Whats the name of the green and red channel on the chart ?

Posted: **Sun Nov 13, 2022 4:51 pm**

Mickey Abi wrote: Sun Nov 13, 2022 4:50 pm Honje.

Whats the name of the green and red channel on the chart ?

Adaptive Donchian ZZ 100+BT
Give you

Honje

Posted: **Sun Nov 13, 2022 6:39 pm**

rogeryrogery wrote: Sun Nov 13, 2022 4:49 pm Hi all,

Is there any indicators which show which hourly candle make daily high or low - attached pic of TRO indicator - Hopefully something available like this ?

Thanks

也许这个…………？

Posted: **Sun Nov 13, 2022 8:08 pm**

Maybe can you share ?

The one I shared / looking for tell you what time of hour candle make higher / lower of days .

Like in this pic - in last 250 days - candle at 22:00 made highest of day 57% of time and candle at 17:00 made lowest of day 58% of time.

Posted: **Sun Nov 13, 2022 9:25 pm**

sal wrote: Sun Nov 13, 2022 3:20 pm is this arrow valid!!
green arrow in Red line below
warnings !!

Yes the Arrow is valid ( was valid ) during that candle formation,

You can test

Open GBPUSD H1

Then use Period 11 you will get this

Then Change period to 12, You will get this.

Again change to Period 13, You will get this

HOW TO USE HP Last IN TRADING
- Open H4 chart and add HP Last with period 7 | This will Give you intra_Day trading direction
- Then on lower Timeframe, m15 use HP with period 13 or Period 21
- Then if the last signal on H4 is BUY, then on lower timeframe you will take only BUY alert as as your Entry

NB | You can use other indicator on m15 to confrim your entries.
Below is GBPUSD H4, we have only BUY as our trading direction since 09/11

Posted: **Sun Nov 13, 2022 9:41 pm**

[quote=DTRCT post_id=1295495865 time=1668335132 user_id=4931323]
Yes the Arrow is valid ( was valid ) during that candle formation,

thanks for information.

i check the mt4 tester for arrow repainting also, m1 chart. what i find that, arrow paint on 2nd bar from current bar..

i just try m5 9 & m1 14 periods settings .have you try the period in m5 arrow for m1 trades!!

Posted: **Mon Nov 14, 2022 3:19 am**

It seems like the line recalculates, but the arrows don't refresh accordingly.
The coloring is not coded using the standard procedure.
I suppose that this part of the code:

Code: Select all

   //arrow handling
    for(x = limit - 1; x >= 0; x--)
    { 
       arrup[x] = EMPTY_VALUE;
       arrdwn[x] = EMPTY_VALUE;
    }
    
     for(x = limit - 1; x >= 0; x--)
    { 
     if (trend[x] != trend[x+1])
     {
             atr=iATR(Symbol(),0,100,x)/2;  //typical ATR value to get distance
             
             if (trend[x] > 0) //uptrend
             { 
                  if (ShowArrows == true ) {  arrup[x+1] = hpf[x+1] - atr * 2 ; }
             }
             else if ( trend[x] < 0 )  //downtrend
              {   
                  if (ShowArrows == true )   { arrdwn[x+1] = hpf[x+1] + atr * 2 ; }
                
              }
             
              
              
              
      }
      else
      {
       arrup[x] = EMPTY_VALUE;
       arrdwn[x] = EMPTY_VALUE;
       }
      
     }

should look like this:

Code: Select all

   //arrow handling
     for(x = limit - 1; x >= 0; x--)
    {
       arrup[x] = EMPTY_VALUE;
       arrdwn[x] = EMPTY_VALUE; 
     if (trend[x] != trend[x+1])
     {
             atr=iATR(Symbol(),0,100,x)/2;  //typical ATR value to get distance
             
             if (trend[x] > 0) //uptrend
             { 
                  if (ShowArrows == true ) {  arrup[x+1] = hpf[x+1] - atr * 2 ; }
             }
             else if ( trend[x] < 0 )  //downtrend
              {   
                  if (ShowArrows == true )   { arrdwn[x+1] = hpf[x+1] + atr * 2 ; }
                
              }
             
              
              
              
      }

Posted: **Mon Nov 14, 2022 4:07 am**

honje19960321 wrote: Sun Nov 13, 2022 3:49 pm Dear Mr Tools, this is a hidden gem.
It was never asked to upgrade it.
Now I dust it off and take it out
it's sparkling now.
微信截图_20221112201702.png
1.
Please change the default setting to
ChannelPeriod 20
HigLowShift 20
微信截图_20221113134239.png

2.
Please give silver line breakout channel, add alert and vertical line and arrow
An alert is an alert for a breakout channel

3.
Please change the color judgment of the zero line. DodgerBlue is displayed if the silver line is above the zero line. SandyBrown is displayed if the silver line is below the zero line.
3.png

4.

Please add a signal wire to the silver wire
4.png

Gratitude
Honje

Letting you know am working on it, while I'm at it will try and update it somewhat.

Posted: **Mon Nov 14, 2022 7:56 am**

honje19960321 wrote: Sun Nov 13, 2022 3:49 pm Dear Mr Tools, this is a hidden gem.
It was never asked to upgrade it.
Now I dust it off and take it out
it's sparkling now.
微信截图_20221112201702.png
1.
Please change the default setting to
ChannelPeriod 20
HigLowShift 20
微信截图_20221113134239.png

2.
Please give silver line breakout channel, add alert and vertical line and arrow
An alert is an alert for a breakout channel

3.
Please change the color judgment of the zero line. DodgerBlue is displayed if the silver line is above the zero line. SandyBrown is displayed if the silver line is below the zero line.
3.png

4.

Please add a signal wire to the silver wire
4.png

Gratitude
Honje

Try here Bollinger band type indicators

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