Re: Various (Specialist) indicators for MT4

1262
Cazz223 wrote: Sat Apr 20, 2024 5:59 pm Hi MrTools,

Wishing all is well with you. A few good months have passed since last posting about the EA developed using your fabulous DeMarker indicator.
Something have been puzzling me, I hope you would please shed some light on.

I use 4 instances of DeMarker indis in EA as key filterer and trigger.
After many many testings, I notice that when the "DeMarker Period" setting gets smaller, abnormal behavior tends to arise.

In the first image show the indicators curves that I manually attached the indicators onto the chart after backtest completed.
In snap-shot below, by right, DeMarker instance 4 should have filtered and blocked the trade from being opened, but it didn't.

Whereas in other cases, where DeMarker 1,2,3 which have larger settings, the EA work perfectly fine. Trades were not opened if DeMarker1,2,3 "say' no.
Their settings as follows:
DeMarker 1: DeMarker Period=150; Adapting period=65, Floating Level=75,
DeMarker 2: DeMarker Period=96; Adapting period=40, Floating Level=48,
DeMarker 3: DeMarker Period=50; Adapting period=21, Floating Level=25,
DeMarker 4: DeMarker Period=21; Adapting period=18, Floating Level=9,

The codes for all 4 indicators in the EA are almost identical, with only the numbering varies so to reference to the respective DeMarker instance, such as Demarker _TF4, DeMarkerPeriod4 etc.

It seems that the "reading" of the indicator by the EA is different from the the curves depicted on the chart, at least not for the 4th DeMarker.

I wonder if there is anything that can be done so that what I see (curves on chart) match exactly what the EA reads using the icustom command.


Many thanks.

Cazz
HI,
awesome job, is it possible to try this EA?

Re: Various (Specialist) indicators for MT4

1263
mrtools wrote: Mon Apr 22, 2024 12:44 am Have you tried using buffer #9 the slope buffer? If slope = 1 uptrend and slope -1 downtrend.
Hi MrTools,

As Buffer #9 readings don't appear in the Data Windows, it never crossed my mind that I could use it.

Would "buffer #9 (the slope buffer)" still be corresponding to the 3 Color Change modes (1. on slope; 2) on outer level cross; 3) on mid level cross)?
Or, is it "Buffer #9" = "Color change on slope"?
I guess my actual question is, if the Buffer #9 readings will also adapt itself to the 3 Color Change modes.


Best regards,

Cazz


Re: Various (Specialist) indicators for MT4

1267
Cazz223 wrote: Mon Apr 22, 2024 8:27 pm Hi MrTools,

As Buffer #9 readings don't appear in the Data Windows, it never crossed my mind that I could use it.

Would "buffer #9 (the slope buffer)" still be corresponding to the 3 Color Change modes (1. on slope; 2) on outer level cross; 3) on mid level cross)?
Or, is it "Buffer #9" = "Color change on slope"?
I guess my actual question is, if the Buffer #9 readings will also adapt itself to the 3 Color Change modes.


Best regards,

Cazz
Yes, just make sure to add

Code: Select all

enum  enColorOn
      {
         col_colorOnSlope,                             // Change color on slope change
         col_colorOnLevelo,                            // Change color on outer level cross
         col_colorOnLevelm                              // Change color on middle level cross
      };
input enColorOn        colorOn         = col_colorOnLevelo; // Color change
and

colorOn to your iCustom call.
These users thanked the author mrtools for the post:
Cazz223

Re: Various (Specialist) indicators for MT4

1268
kvak wrote: Sat Apr 20, 2024 8:21 am Expansion Contraction indicator with Color Filling, Arrows & Alerts

Hello, here is little updated version with filling, arrows and alerts for test.
Arows/alerts for fast/slow cross.

To recap,
  • This indicator compares two price points (High and Low) by using a Moving Average channel and using a second, built-in indicator that compares the two price points (High and Low), through two longer look-back Moving Average Channel settings.
  • It utilizes Standard Deviation for volatility readings
  • Aims at being "zero lag"
  • Is marketed as an all-in-one indicator
TransparentTrader's original post which includes the full description is here.
Posted an updated mt5 version here
These users thanked the author mrtools for the post (total 4):
kvak, RodrigoRT7, Jimmy, TransparentTrader

Re: Various (Specialist) indicators for MT4

1269
TransparentTrader wrote: Sat Apr 20, 2024 9:35 am Fantastic work, thank you for the quick turnaround!
You always find good indicators man you are a great researcher 👏👏👏
These users thanked the author moey_dw for the post (total 2):
TransparentTrader, Jimmy
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 👈

Re: Various (Specialist) indicators for MT4

1270
kvak wrote: Sat Apr 20, 2024 8:21 am Expansion Contraction indicator with Color Filling, Arrows & Alerts

Hello, here is little updated version with filling, arrows and alerts for test.
Arows/alerts for fast/slow cross.

To recap,
  • This indicator compares two price points (High and Low) by using a Moving Average channel and using a second, built-in indicator that compares the two price points (High and Low), through two longer look-back Moving Average Channel settings.
  • It utilizes Standard Deviation for volatility readings
  • Aims at being "zero lag"
  • Is marketed as an all-in-one indicator
TransparentTrader's original post which includes the full description is here.
Good day Mr. Kvak, can you add MTF capability to this indicator please? Thank you very much.
Best regards.


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