Re: MT4 Indicator requests and ideas

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charli wrote: Mon May 23, 2022 5:31 am Dear coders, this is an idea from another user, should be nice if possible, to combine these two indicators to give an alarm and arrow when qqe is sell and bressert crosses below 80, for the up arrow opposite,qqe is buy and Bressert crosses above 20. This should be enough. Also to have parameters for both indicators to adjust for the best settings....Thanks a lot
The author suggests for buy arrows above ema 50,sell below ema 50.
Check here Qqe indicators
These users thanked the author mrtools for the post:
charli

Re: MT4 Indicator requests and ideas

15574
PumbaPLS wrote: Sun May 22, 2022 10:15 pm Hey Team,

I am search for an ATR indicator.. what I need:

ATR based on EMA not SMA (maybe with a setting to change it?)

3 added multiplication options ( ATR x 1, x 2, x5 for example)

Those levels then are shown on the chart (similar as to ADR levels)

There are many ADR indicators out there, but for daytrading/scalping I find the ADR largely useless as its too slow. I dont care what happened yesterday. I want to know what is happening today.

Image
If someone maybe finds the time..
You cannot solve a problem from the same consciousness that created it. You must learn to see the world anew


Re: MT4 Indicator requests and ideas

15580
gigamer2 wrote: Tue May 24, 2022 2:50 am It looks almost too good :Shocked: . does it repaint? if I use it for example with 4 hour settings on a 30 min chart?
PumbaPLS wrote: Tue May 24, 2022 3:26 am MTF = repainting
Sorry Pumba, just going to expand on this. If it's a non-repainting indicator, it won't repaint on the current timeframe.
Non repainting indicators with Multi-timeframe capabilities do not repaint per se, they just continue to adjust and finish calculating until that higher timeframe selected is Closed.

Some important posts that explain this:


Giga, using the MTF doesn't outright mean it's a "repainting" indicator. But I hope this post explains the reasoning why a Multi-timeframe indicator cannot finish calculating until the higher timeframe's candle is Closed :thumbup:
These users thanked the author ChuChu Rocket for the post (total 4):
Chickenspicy, PumbaPLS, DTRCT, Jimmy