mrtools wrote: Sat Feb 15, 2020 5:28 am

This is the macd osma.

Daim2574 wrote: Fri Feb 14, 2020 7:11 pm

Dear mrtools..these two indicators don't load under mt4 could you please look into them (I believe maybe because they are old codes since 2012)....thanks a million

pacois wrote: Sat Feb 15, 2020 4:55 am

Try it, this I managed to change.

Amunra5 wrote: Fri Feb 14, 2020 3:56 pm

hope we can have this indi for fs community.
cant post wbsite per fs rules. but the info on its site says:

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Angular Momentum

Non-Repainting Indicator that is based on combined angular momentum of price levels using configured period as main reference.

It is sensitive to the change of angular momentum on lower periods.

Yellow Line – Market is trending up
Red Line – Market is trending down
Blue Line – Angular Momentum

You can use this indicator on any time frame without the need to configure any moving average period.


Indicator parameters

Alert - Set alert to true if you want to be notified by MT5 platform for each new change in angular momentum direction.
Notification - Set notification to true if you want the notification to be sent to MT5 mobile app.
Period - Set the period in consideration for the general direction of the trend.


How to use

Long Trades:

When you see a Yellow Line, wait for the blue line to go to the lowest point and trade only when it is moving back up.
When you see the Yellow Line is changed to Red Line, you should attempt to close your trades that are on the wrong direction of the market soon.

Short Trades:

When you see a Red Line, wait for the blue line to go to the highest point and trade only when it is moving back down.
When you see the Red Line is changed to Yellow Line, you should attempt to close your trades that are on the wrong direction of the market soon.

Recommendation:

Place 2 angular momentum indicators with H1 and H4 on your chart to trade existing trends.


Global variable written

[AM][Symbol][Period] - It is the general direction of the trend (1 is bullish trend, -1 is bearish trend).

squalouco wrote: Sat Feb 15, 2020 5:55 am

Thank you Pacois for your help, that's pretty good!

As an extra request, the indicator displays several colours for the different type of candlestick formations, is there a way to set an option to format the text colour to some other colour?

Also, the current option on the indicator to remove the lines doesn't work, if set to true, actually places all the lines in the chart, could you have a look?

Please see attached chart.

pacois wrote: Sat Feb 15, 2020 6:37 am
try!!

kgovender wrote: Fri Feb 14, 2020 7:06 am
Hi Mr Tools,

I am aware of its re-painting nature and am comfortable with that. Please could you kindly add sound alerts?

Kind Regards,


Kris

markstep wrote: Sat Feb 15, 2020 5:10 pm Hi Mr.Tools, Is there a similar indicator like this combine with MA and RSI with MTF? I can only upload one per chart it would be easy to see everything at one chart, Thank you.