MT4 Indicator requests and ideas

Woodyz wrote: Sat Mar 18, 2023 2:37 pm Does anyone have a linear regression indicator setup like this or similar they can share please?

Xronos__ wrote: Sat Mar 18, 2023 9:50 am are not off r projected,
in donchian the lines are projected 1 step (ex:you see yesterdays lines today if you use period 1 and timeframe D1)

Chickenspicy wrote: Sat Mar 18, 2023 2:45 pm,

Woodyz wrote: Sat Mar 18, 2023 5:43 pm No good if we have to log in to use it.......
Thanks for trying

FoxFoxicle wrote: Sat Mar 18, 2023 2:48 pm I tried comparing the donchian to two ADR indicators. The calculations are different.

Xronos__ wrote: Sat Mar 18, 2023 8:29 pm looks like your white dots are not ADR they are all the same range
perhaps some idea based on the adr but not adr
also the low red line in your chart is not at the low of the day

regards

FoxFoxicle wrote: Sat Mar 18, 2023 8:45 pm I see. So do you mean donchian channel in setting "1" more accurate than the ADR indicators I posted?

I used the following.

Xronos__ wrote: Sat Mar 18, 2023 9:18 pm yes
if the porpose of the tool is to plot correct ADR (Hi,Lo, (Hi+Lo)/2<--mid line) then on your chart the only correct lines are those of donchian with period 1

!SM_ADR_Marker.ex4

OGT ADR Indicator v1.2.ex4

i'm not aware of these files

also i do not use *.ex4 with no source code at all, so i will not test them sorry.

regards

FoxFoxicle wrote: Sat Mar 18, 2023 9:28 pm Thank you very much. I owe you.

Can you confirm if this H4 donchian channel lines has the correct average for H4 candles? Sorry I'm not really a coder.

Xronos__ wrote: Sat Mar 18, 2023 9:52 pm now you know correct and wrong regardig the ADR

there is no need to be a coder or depend to anyone to give you confirmation

you can do this

regards

ps:/ sorry for the misspelling of the word "previous" on the image