Added divergence with alerts, limit bars, and an option to use either a regular awesome 2 color histogram(as in picture) or a 4 color histogram. Already had arrows and alerts on slope and zero cross.talaate wrote: Fri Dec 03, 2021 9:28 am Dear mrtools
My regards
would you please add the divergence to this indicator with alerts and please add limit bar to reduce the usage of CPU
Thanks
viewtopic.php?p=1295372349#p1295372349
Awesome (arrows + alerts + mtf) 1.04.ex4
PS: You may transfer the new indicator to proper forum
Re: Trend Indicators for MT4
972Thanks mrtools , regardsmrtools wrote:Fri Dec 03, 2021 1:44 pm Added divergence with alerts, limit bars, and an option to use either a regular awesome 2 color histogram(as in picture) or a 4 color histogram. Already had arrows and alerts on slope and zero cross.
Re: VMA TradingView v2
973Hello, very good indicator, does it possible to built an mtf version please? Thank you!ionone wrote:Tue Apr 09, 2019 7:37 pm here is V2 without spaces between color changes. i think it's better, but that's how you like it
Re: Trend Indicators for MT4
974Coppock Curve with Price Options for Rate Of Change
This is the coppock curve histogram indicator with the ability to use different prices for the rate of change.
Interesting information about the indicator:
The Coppock curve or Coppock indicator is a technical analysis indicator for long-term stock market investors created by E.S.C. Coppock, first published in Barron's Magazine on October 15, 1962.
The indicator is designed for use on a monthly time scale. It is the sum of a 14-month rate of change and 11-month rate of change, smoothed by a 10-period weighted moving average.
Coppock, the founder of Trendex Research in San Antonio, Texas, was an economist. He had been asked by the Episcopal Church to identify buying opportunities for long-term investors. He thought market downturns were like bereavements and required a period of mourning. He asked the church bishops how long that normally took for people, their answer was 11 to 14 months and so he used those periods in his calculation.
A buy signal is generated when the indicator is below zero and turns upwards from a trough. No sell signals are generated (that not being its design). The indicator is trend-following, and based on averages, so by its nature it doesn't pick a market bottom, but rather shows when a rally has become established.
Coppock designed the indicator (originally called the "Trendex Model") for the S&P 500 index, and it has been applied to similar stock indexes like the Dow Jones Industrial Average. It is not regarded as well-suited to commodity markets, since bottoms there are more rounded than the spike lows found in stocks.
This is the coppock curve histogram indicator with the ability to use different prices for the rate of change.
Interesting information about the indicator:
The Coppock curve or Coppock indicator is a technical analysis indicator for long-term stock market investors created by E.S.C. Coppock, first published in Barron's Magazine on October 15, 1962.
The indicator is designed for use on a monthly time scale. It is the sum of a 14-month rate of change and 11-month rate of change, smoothed by a 10-period weighted moving average.
Code: Select all
Coppock=WMA[10]\;of\;(ROC[14]+ROC[11])}{\displaystyle Coppock=WMA[10]\;of\;(ROC[14]+ROC[11])}.
Coppock, the founder of Trendex Research in San Antonio, Texas, was an economist. He had been asked by the Episcopal Church to identify buying opportunities for long-term investors. He thought market downturns were like bereavements and required a period of mourning. He asked the church bishops how long that normally took for people, their answer was 11 to 14 months and so he used those periods in his calculation.
A buy signal is generated when the indicator is below zero and turns upwards from a trough. No sell signals are generated (that not being its design). The indicator is trend-following, and based on averages, so by its nature it doesn't pick a market bottom, but rather shows when a rally has become established.
Coppock designed the indicator (originally called the "Trendex Model") for the S&P 500 index, and it has been applied to similar stock indexes like the Dow Jones Industrial Average. It is not regarded as well-suited to commodity markets, since bottoms there are more rounded than the spike lows found in stocks.
Re: Trend Indicators for MT4
975i think it is a great tool............. slept on but with dis 33 price options can make for good tool nowmrtools wrote:Wed Dec 08, 2021 1:38 pm This is the coppock curve histogram indicator with the ability to use different prices for the rate of change.
i wonder if can pls add average filters so can try ADXma & Lagguerre filters........... now that will be super & not even need mtf i think!!! pls mrtools
Official Forex-station GIF animator at your service
See a GIF with Forex-station.com on it? I probably made it
The best divergence indicator in the world.
Real news exists: Infowars.com
See a GIF with Forex-station.com on it? I probably made it
The best divergence indicator in the world.
Real news exists: Infowars.com
Re: Trend Indicators for MT4
977Added the averages.moey_dw wrote:Wed Dec 08, 2021 9:13 pm i think it is a great tool............. slept on but with dis 33 price options can make for good tool now
i wonder if can pls add average filters so can try ADXma & Lagguerre filters........... now that will be super & not even need mtf i think!!! pls mrtools
Re: Trend Indicators for MT4
978Respected Sir,
If you like this Idea:
Please Add Arrows on Zero Cross, Arrows on Slope Change, Arrow Code, Arrow Gap Alerts, Zone Chart bgd useful options to coppock curve averages histogram.
Attached below Indis for Ref *: These Indis have these options.
!!macd all colored averages (mtf + arrows + alerts + zones) Indi & Awesome averages (arrows + alerts + mtf + lb + diverge)
Thanks for your Time, Efforts, Generosity.
Re: Trend Indicators for MT4
979mrtoolz sometimes i feel like u are a genie & u make our dreams come true............ thx for adding all average filtermrtools wrote:Thu Dec 09, 2021 10:16 am Added the averages.
look at the chart im use the adxvma for filter & lower tf u do not need a MTF anymore!!!
Official Forex-station GIF animator at your service
See a GIF with Forex-station.com on it? I probably made it
The best divergence indicator in the world.
Real news exists: Infowars.com
See a GIF with Forex-station.com on it? I probably made it
The best divergence indicator in the world.
Real news exists: Infowars.com
Re: Trend Indicators for MT4
980The SMMA seems to work very well too. Managed to put it on the chart right before the opening of the DE40....Boosts confidence. Nice trades.
Thank you mrtools!!!
Thank you mrtools!!!