this is very helpful for me to find overall market trend and timing for entry.. Thankyou!! great additionmrtools wrote: Fri Mar 03, 2023 12:01 pm Moving Average Cross Heatmap (Dashboard with clickable Timeframes & Pairs)
Have this version, has buttons for whichever timeframe and currency pair you click on it will go there, I just set my template on 1 pair and can click on any pair and timeframe and check.
Re: Trend Strength And Heatmap indicators thread
62hey mrtools,
if we can have all moving averages added in moving average cross over heatmap indicator. it would be fantastic. if possible please consider
thanks
if we can have all moving averages added in moving average cross over heatmap indicator. it would be fantastic. if possible please consider
thanks
Re: Trend Strength And Heatmap indicators thread
63Jimmy I really love this dashboard indicator it truly is a piece of art. If this thing ever stopped working I would be doomed budJimmy wrote: Sun Mar 05, 2023 12:36 am Fantastic work brother, this is now the best version of this dashboard.
Especially being able to stack multiple dashboards by changing the ID and still being very lightweight on our MT4's it just works incredibly well.
Re: Trend Strength And Heatmap indicators thread
64Volatility Ratio indicator by Mladen + MTF Dashboard (Heatmap)
This is Mladens Volatility ratio, built it in to a heatmap same as the regular indicator the heatmap colors when when volatility >1 for volatility and <1 for no or low volatility. This heatmap is similar to the ma cross if you click on a block it will send you to that pair and it's timeframe. Indicator not needed for the heatmap to work.
Mladen's explanation about VR:
Theory
There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : we do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that :
Usage
This is not a directional indicator. It should be used for volatility detection, not trend assessment - for that you have to use some other indicator and then check this one if the market volatility conditions are those that you expect
This is Mladens Volatility ratio, built it in to a heatmap same as the regular indicator the heatmap colors when when volatility >1 for volatility and <1 for no or low volatility. This heatmap is similar to the ma cross if you click on a block it will send you to that pair and it's timeframe. Indicator not needed for the heatmap to work.
Mladen's explanation about VR:
Theory
There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : we do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that :
- values above level 1 are indicating state of higher volatility
- values below level 1 are indicating state of lower volatility
Usage
This is not a directional indicator. It should be used for volatility detection, not trend assessment - for that you have to use some other indicator and then check this one if the market volatility conditions are those that you expect
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- These users thanked the author mrtools for the post (total 12):
- Jimmy, moey_dw, sylvester21, Chickenspicy, Jedidiah, kvak, Mundu19, nathanvbasko, josi, boytoy, iPar, timballingall67
Re: Trend Strength And Heatmap indicators thread
65Man oh man thank u for making plus expanding this trend strength thread as well as sharing the Mladen codes!! Especially being a Friday night u are doing codes for our community instead of partying and snorting blow!!!
Time & time again I have never been outta mtg..... do you think it could be ders derson or not
- These users thanked the author moey_dw for the post (total 2):
- Chickenspicy, Jedidiah
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 Strength And Heatmap indicators thread
66What does that mean man?moey_dw wrote: Sat Mar 11, 2023 3:04 pm I have never been outta mtg..... do you think it could be ders derson or not
- These users thanked the author Jimmy for the post (total 2):
- Chickenspicy, Jedidiah
Re: Trend Strength And Heatmap indicators thread
67Official 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 Strength And Heatmap indicators thread
68Greetings MrTools, my last post was deleted possibly because i have been inactive/ away from my computer for some days i apologize for the late reply if you did respond to my last request. But is it possible for you to create a MTF heatmap based on the crossing of the rsi moving average of this indicator. When the rsi crosses below the Average period it turns red and when the rsi crosses above the Average period it turns green? Would be appreciated if so!
Kind Regards,Jon
Kind Regards,Jon
Re: Trend Strength And Heatmap indicators thread
69The way theses heatmaps are made not able to make it into a heatmap could make it in 2 parts using an iCustom call but in my opinion that just makes the indicator too heavy cpu wise.Lightningstorm7 wrote: Mon Mar 13, 2023 3:42 am Greetings MrTools, my last post was deleted possibly because i have been inactive/ away from my computer for some days i apologize for the late reply if you did respond to my last request. But is it possible for you to create a MTF heatmap based on the crossing of the rsi moving average of this indicator. When the rsi crosses below the Average period it turns red and when the rsi crosses above the Average period it turns green? Would be appreciated if so!
Kind Regards,Jon
!!! RSI ma simple+Arrows 1.2 (mtf).mq4
- These users thanked the author mrtools for the post:
- Lightningstorm7
Re: Trend Strength And Heatmap indicators thread
70I already did it some time ago, but not posted, you can test it.Lightningstorm7 wrote: Mon Mar 13, 2023 3:42 am Greetings MrTools, my last post was deleted possibly because i have been inactive/ away from my computer for some days i apologize for the late reply if you did respond to my last request. But is it possible for you to create a MTF heatmap based on the crossing of the rsi moving average of this indicator. When the rsi crosses below the Average period it turns red and when the rsi crosses above the Average period it turns green? Would be appreciated if so!
Kind Regards,Jon
!!! RSI ma simple+Arrows 1.2 (mtf).mq4
But as said Mrtools, it is using icustom call and is very CPU intensive.
You must need histo in same indicator folder like dashboard...
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- Lightningstorm7