Display posts from previous
Sort by

Re: MT4 Indicator requests and ideas

15131 by Msquared
mrtools wrote: Tue Mar 15, 2022 2:56 pm Think it should do that now if alertsOnCurrent = false.
I tested the “alertsoncurrent” function in the live market and it alerts every instance the candle goes above the fractal line even while the candle is still open. Not when it’s completely opened and closed. The reason I need for the alerts to come on the first candle that completely opens and closes above the high line and below the low line is to avoid false break outs and much as possible . I strictly trade breakout and this would tremendously reduce my drawdown and help eliminate bad trades. This is the last piece of a system I’m developing that I’ll share with the forum once completed. Thank you Mr Tools. 🙏🏽


Re: MT4 Indicator requests and ideas

15136 by Henk13
Hello,

Would it be possible to create a MT4 indicator for "Rob Hoffman Overlay" setup?
Here is the tradingview code for the indicator.
Thanks.

// Created By UCSGEARS
// Based on Videos from youtube, by Rob Hoffman

study("Rob Hoffman - Overlay Set", shorttitle = "RH - MAs", overlay = true)

a = sma(close,3)
b = sma(close,5)

c = ema(close,18)
d = ema(close,20)

e = sma(close,50)
f = sma(close,89)
g = ema(close,144)
h = sma(close,200)

k = ema(close,35)
r = rma(tr,35)
ku = k + r*0.5
kl = k - r*0.5

plot(a, title = "Fast Speed Line", linewidth = 2, color = #0000FF)
plot(b, title = "Slow Speed Line", linewidth = 2, color = fuchsia)
plot(c, title = "Fast Primary Trend Line", linewidth = 3, color = #00FF00)
plot(d, title = "Slow Primary Trend Line", linewidth = 3, color = #000000)
plot(e, title = "Trend Line - 1", linewidth = 3, color = #0000FF, style = circles)
plot(f, title = "Trend Line - 2", linewidth = 3, color = #20B2AA)
plot(g, title = "Trend Line - 3", linewidth = 3, color = #FF4500)
plot(h, title = "Trend Line - 4", linewidth = 3, color = fuchsia)

plot(k, title = "No Trend Zone - Midline", linewidth = 2, color = #3CB371)
plot(ku, title = "No Trend Zone - Upperline", linewidth = 2, color = #3CB371)
plot(kl, title = "No Trend Zone - Lowerline", linewidth = 2, color = #3CB371)

Re: MT4 Indicator requests and ideas

15137 by mrtools
Henk13 wrote: Thu Mar 17, 2022 9:31 pm Hello,

Would it be possible to create a MT4 indicator for "Rob Hoffman Overlay" setup?
Here is the tradingview code for the indicator.
Thanks.

// Created By UCSGEARS
// Based on Videos from youtube, by Rob Hoffman

study("Rob Hoffman - Overlay Set", shorttitle = "RH - MAs", overlay = true)

a = sma(close,3)
b = sma(close,5)

c = ema(close,18)
d = ema(close,20)

e = sma(close,50)
f = sma(close,89)
g = ema(close,144)
h = sma(close,200)

k = ema(close,35)
r = rma(tr,35)
ku = k + r*0.5
kl = k - r*0.5

plot(a, title = "Fast Speed Line", linewidth = 2, color = #0000FF)
plot(b, title = "Slow Speed Line", linewidth = 2, color = fuchsia)
plot(c, title = "Fast Primary Trend Line", linewidth = 3, color = #00FF00)
plot(d, title = "Slow Primary Trend Line", linewidth = 3, color = #000000)
plot(e, title = "Trend Line - 1", linewidth = 3, color = #0000FF, style = circles)
plot(f, title = "Trend Line - 2", linewidth = 3, color = #20B2AA)
plot(g, title = "Trend Line - 3", linewidth = 3, color = #FF4500)
plot(h, title = "Trend Line - 4", linewidth = 3, color = fuchsia)

plot(k, title = "No Trend Zone - Midline", linewidth = 2, color = #3CB371)
plot(ku, title = "No Trend Zone - Upperline", linewidth = 2, color = #3CB371)
plot(kl, title = "No Trend Zone - Lowerline", linewidth = 2, color = #3CB371)
Code wise for the most part just looks like a bunch of different ma's an idea how to trade it?

Post Reply Attachments 15411

Return to “MT4 Indicators”