Re: MT4 Indicator requests and ideas

17293
bgntrs wrote: Sun Dec 18, 2022 10:21 pm Hi Mr Tools

Can you please add HH hl LL lh labels to this zig zag indicator please. This zigzag close indicator works on price close rather than wicks.

Alternatively if it is easier maybe you could add price close option to the zigzag hh hl lh ll B indicator

Thanks

bg
here it is
"There is NO GOD higher than TRUTH" - Mahatma Gandhi

Re: MT4 Indicator requests and ideas

17294
Dear Kvak,

Forgive me for making a demand on you again, it’s just that I have been struggling with trading and I am beginning to see some light due to the big hearts of forex station's generous gang of: Kvak, Master Xard777,Mrtools, Bazai, , fourXXXXX, BeatlemaniaSA ……………etc.

Can you please add on/off button to the following indicators.
Once again, compliment of the season & best wishes to the family.

Resilient2win


Re: MT4 Indicator requests and ideas

17296
Resilient2win wrote: Tue Dec 20, 2022 6:49 pm Dear Kvak,

Forgive me for making a demand on you again, it’s just that I have been struggling with trading and I am beginning to see some light due to the big hearts of forex station's generous gang of: Kvak, Master Xard777,Mrtools, Bazai, , fourXXXXX, BeatlemaniaSA ……………etc.

Can you please add on/off button to the following indicators.
Once again, compliment of the season & best wishes to the family.

Resilient2win
Hello.
This is one, rest are decompiled files....
Why you not use some newest version?
Best wishes to you too....

Re: MT4 Indicator requests and ideas

17300
Kvak and mrtools, or whoever wants to take this on, I have a TradingView indicator that I would like converted into MT4 if possible:

https://www.tradingview.com/script/D9lP ... -Pressure/


The code is below:

Code: Select all

// © fract
//@version=5
indicator(title='Buying & Selling Pressure', shorttitle='BSP', overlay=false, timeframe="")

// Inputs and Formula {
high_ = math.max(high, close[1])
low_ = math.min(low, close[1])
bp = close - low_ //buying_pressure
sp = high_ - close //selling_pressure
ln = input(24, "BSPMA Length")
bpma = ta.ema(bp, ln)
spma = ta.ema(sp, ln)
//}
// Colors {
bpgrow = #40af40
bpfall = #2962ff
sprise = #f23645
spfall = #f57f17
//}
//{ Plots
bpp = plot(bpma, "Buying Pressure", color= bpma > bpma[1] ? bpgrow : bpfall, linewidth= 1)
spp = plot(spma, "Selling Pressure", color= spma > spma[1] ? sprise : spfall, linewidth = 1)
fill(bpp, spp, bpma > spma ? color.rgb(0, 255, 0, 90) : color.rgb(255, 0, 0, 90))
//}

Similar to the "MADX" indicator I requested a while back, this indicator only has 20 lines of very short code and I don't imagine the conversion to MT4 will be too difficult.

I'm also thinking of similar modifications that I requested when I first talked about the MADX indicator on Forex-Station:

  • Adding all averages (I think through the eAverages pack?) so we can experiment with more than just the EMA
  • Choosing which kind of moving average you use for "bpma" and "spma" separately
  • Being able to change the length of "bpma" and "spma" separately so you aren't stuck with one length for all 3 parameters
  • MTF/AHTF mode
  • Arrows for buy/sell entries
  • Coloring the candles to reflect when the indicator reflects buying/selling pressure
  • Alerts to help us know when to look for a trade, especially on the higher timeframes
  • A button so we can turn the indicator appearance on and off when we want

Looks to me like another great indicator for short-term scalping, especially for non-forex instruments which become most volatile at specific time periods of each trading day.

Thanks again for all the effort the programmers put in to make these indicators a cost-free reality for the rest of us! :thumbup: