Re: MT4 Indicator requests and ideas

12412
太虚一毫 wrote: Tue Mar 16, 2021 6:42 pm rsi smoothed-mtf + alerts + lines There are too many vertical lines. Please change it. Only one vertical line is displayed for the same sub-trend (the same trend), and a vertical line in the opposite direction is not displayed until there is a trend in the opposite direction. as the picture shows
Posted it here Rsi smoothed
These users thanked the author mrtools for the post:
thomdel


Re: MT4 Indicator requests and ideas

12416
mrtools wrote: Wed Mar 17, 2021 11:59 am Think I found my error and posted
Hello mr. Tools.
Will you give me a moment of your precious attention?

I would really like to have an analogue (with the same options) of the wonderful usdx smoothed.ех4 indicator, but only for the euro from usual EURX indicators.
Thank you so much.
These users thanked the author blonde for the post:
pipsquirrel

Re: MT4 Indicator requests and ideas

12418
Good day,


Is anybody able to modify this indicator so that the columns can be sorted by highest to lowest?

The value I am hoping to sort is "APR", but it would be nice to have the option to sort by a different one as well if need be.

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While I am typing this I had an idea for another modification/indicator. Would it be possible to add a column with a pip "efficiency"? A value determined by PRICE PER PIP vs ATR? Maybe the ATR multiplied by the value/price/cost of 1 pip at 1 lot?

For example if EURUSD D1 ATR is 82, we multiply by price of 1 pip for 1 lot which is $10 and we get... 82 x 10 = $820

Now we have a more digestible perspective on the actual value of 1xATR.

2nd example GBPJPY D1 ATR is 115, multiply by price of 1 pip for 1 lot which is $9.16 and we get... 115 x $1053

Easy to see how much potential profit exists within a single average ATR

...

Maybe somehow the spread could also be accounted for; much more important for scalpers (turn on/off?). Spread data gathered and averaged for the period...?

For example, we use EURUSD again:
- D1 ATR is 82pips. 82 pips x $10/pip = $820
- M15 ATR is 5 pips. 5 pips x $10/pip = $50

If the average spread on D1 is 2.5 pips, then we have $820 - $25 = $795 potential in a single D1 ATR period

If the average spread on M15 is 2.5 pips then we have $50 - $25 = $25 potential in a single M15 ATR period


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Sorry, didn't mean to digress from my actual request. Idea came to me as I was typing...

Maybe somebody can make something of it...


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