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Re: MT4 Indicator requests and ideas
Posted: Wed Jan 31, 2024 1:50 am
by HIROGA
Hello , is there possible to add a option ''Candle offset , minute or shift " in this indicator ?
So i could display the MTF Candle in another GMT Time .
Re: MT4 Indicator requests and ideas
Posted: Wed Jan 31, 2024 4:33 am
by MS22
kvak wrote: Tue Jan 30, 2024 9:40 am
Like this?
Thank you very much, I was searching for something like that. Btw... I have changed to arrows, default period is now 7, and I have changed some colors in file, so if somebody wants to have this version I will post the indicator file. Thanks once again for fast help
Re: MT4 Indicator requests and ideas
Posted: Wed Jan 31, 2024 6:56 am
by ixion700
kvak wrote: Tue Jan 30, 2024 9:40 am
Like this?
Hello dear @kvak. As we know RVI is a very good momentum indicator for Scalping. Since it is using SMA and normal price types, i think this indicator can have a great deal of improvement with using HA type prices and other averages in it's formula. I hope this can catch your interest to make a new version of RVI which the average and price types can be selected. Attached a picture of the formula that is also described here:
https://www.investopedia.com/terms/r/re ... _index.asp. Best regards.
Re: MT4 Indicator requests and ideas
Posted: Wed Jan 31, 2024 10:40 am
by kvak
ixion700 wrote: Wed Jan 31, 2024 6:56 am
Hello dear @kvak. As we know RVI is a very good momentum indicator for Scalping. Since it is using SMA and normal price types, i think this indicator can have a great deal of improvement with using HA type prices and other averages in it's formula. I hope this can catch your interest to make a new version of RVI which the average and price types can be selected. Attached a picture of the formula that is also described here:
https://www.investopedia.com/terms/r/re ... _index.asp. Best regards.
Try this simple version with smoothing, added also mtf.
Re: MT4 Indicator requests and ideas
Posted: Wed Jan 31, 2024 5:26 pm
by ixion700
kvak wrote: Wed Jan 31, 2024 10:40 am
Try this simple version with smoothing, added also mtf.
Thank you very much, this is way better now, making less false signals. Just to make sure, is the smoothing type used in calculations (inside formula) or is it applied on the outcome of the formula?
Re: MT4 Indicator requests and ideas
Posted: Wed Jan 31, 2024 7:16 pm
by dmnik
Hello! Please add the MTF function to this wonderful indicator and add arrows when changing colors. Thank you for your attention !
Re: MT4 Indicator requests and ideas
Posted: Thu Feb 01, 2024 1:29 am
by Shintsu49
Hi Mr Tools,
in the Tipu Renko indicator there's a section called "Renko Mark" in which is possible to choose between brick mode and arrow mode. Is it possible to have both of them? Meaning having the arrows when brick mode is chosen.
Thanks and best regards!
Re: MT4 Indicator requests and ideas
Posted: Thu Feb 01, 2024 2:21 am
by mrtools
dmnik wrote: Wed Jan 31, 2024 7:16 pm
Hello! Please add the MTF function to this wonderful indicator and add arrows when changing colors. Thank you for your attention !
Looks like it already has mtf.
Re: MT4 Indicator requests and ideas
Posted: Thu Feb 01, 2024 3:57 am
by mrtools
Shintsu49 wrote: Thu Feb 01, 2024 1:29 am
Hi Mr Tools,
in the Tipu Renko indicator there's a section called "Renko Mark" in which is possible to choose between brick mode and arrow mode. Is it possible to have both of them? Meaning having the arrows when brick mode is chosen.
Thanks and best regards!
Posted a version
here
Re: MT4 Indicator requests and ideas
Posted: Thu Feb 01, 2024 10:28 am
by kvak
ixion700 wrote: Wed Jan 31, 2024 5:26 pm
Thank you very much, this is way better now, making less false signals. Just to make sure, is the smoothing type used in calculations (inside formula) or is it applied on the outcome of the formula?
In first version have only smoothed outcome value. In this version have smoothing price in calculation and also have menu for price choose. Also signal have menu for original calculation or calculation from moving average.