Re: MT4 Indicator requests and ideas
Posted: Thu Dec 13, 2018 2:58 am
i still look forward to having the corrected double woody cci
thanks
thanks
Going to do that too -aguiyi wrote: Thu Dec 13, 2018 2:58 am i still look forward to having the corrected double woody cci
thanks
thanks in advance and please attached the corrected averages. does it have MTF and arrows version, would be nice to try it
Thanksrijay wrote: Thu Dec 13, 2018 2:34 am
that is exactly ADR for prices for daily move.
i find it better to do it manually, as many times after large compression , average of n days range can be low and still prices can spike more,
so i have adopted different method,
say for example , for any instrument(with full lot size) margin call is going to get triggered at $300(from previous days close price level), then convert that to pips, and draw lines of that pips on both sides starting from previous days close price level, that is the daily range for that instrument for that day on both sides depending on your view of trend.
as this is done using levels, where margin calls are taken into account that is the PANIC level for the traders both for INTRADDAY as well as for SWING traders. you may do it from open prices, though i find previous days close prices more useful.
i think i have posted one indicator in mt4 indicator bank section that you can try if you want that takes in to account n days range in calculations and draws automatic lines as you need.
but i still prefer to draw lines daily manually using previous days closing prices.
Mladen's coded with extended features "Corrected Average" so called CA versions posted here at its belonging thread "Moving Average Indicator" thread - heremntiwana wrote: Thu Dec 13, 2018 2:13 am
Hi aguiyi
"ma-i-CA" indicator is "Corrected Average" indicator
all the variation you posted are same,simply different periods/values
any way corrected and posted here all that ones,they are working now,at least with me
in lowest picture for to explain you,compared Mladen's "Corrected Average" version
the white is your one,solo coloring
and blue/red dual/slope coloring along with golden signaling line is Mladens version with same parameters
Thanks youmrtools wrote: Thu Dec 13, 2018 2:43 am
That is a decompiled and repainting ma cross indicator, to make the signal 1 bar back would make it repaint. Have this non repainting version.