JEGI DOW OH YEAH
PIBOH MUCHICHI

bunny2020 wrote: Thu Aug 22, 2024 11:08 am JEGI DOW OH YEAH
PIBOH MUCHICHI

HUH???

t2g wrote: Mon Sep 02, 2024 4:50 pm Thank you for sharing.
Yes, It looks really interesting.

But unfortunately I don't have MT5.....
Could you convert this mql5 to mql4 please.......

WSO (Widner Support Oscillator) and WRO (Widner Resistance Oscillator) Channel for MT4

This technical indicator is on the 'Automated Support And Resistance' idea from an article written by Mel Widner in TASC, back in 1998.

The indicator has two main parts: the WSO (Widner Support Oscillator) and the WRO (Widner Resistance Oscillator).

The WSO looks at the current Close price and compares it to the last six support levels. Its values range from 0 to 100, where a WSO of 0 means the Close is below all six support levels, and a WSO of 100 means it’s above all six. When the WSO changes, it shows that support levels are shifting, either by breaking through an old one or creating a new one.

The WRO works in a similar way. It compares the current Close to the last six resistance levels, also ranging from 0 to 100. A WRO of 0 indicates that the Close is below all six resistance levels, while a WRO of 100 shows it’s above all six. Changes in the WRO reflect shifts in resistance, which can mean breaking an old level or forming a new one.

Calculation

The WSO and WRO are defined as:

WSO = 100( 1 – (INT(S1/C) + INT(S2/C) + INT(S3/C) + INT(S4/C) + INT(S5/C) + INT(S6/C)) / 6)

WRO = 100( 1 – (INT(R1/C) + INT(R2/C) + INT(R3/C) + INT(R4/C) + INT(R5/C) + INT(R6/C)) / 6)

This version displays the channel on the chart rather than presenting the oscillator values in the bottom subwindow allowing the indicator to be used directly as a Support & Resistance guide.

Converted it to MT4, PDF article also attached below.

kvak wrote: Fri Feb 16, 2024 9:53 am Pivot Point Oscillator with Divergences

There is menu in option there you set lines width. And added Divergences.

Hello Kvak,
I really appreciate your work!

Would it be possible to add alerts to this indicator? for when it crosses the pivot line and when it generates a divergence signal? And would it be possible if one of those alerts could be while the bar is still open (provides an anticipation signal).

If possible that would be much appreciated. Thank you!

AnaconMLF wrote: Fri Sep 20, 2024 8:42 am Hello Kvak,
I really appreciate your work!

Would it be possible to add alerts to this indicator? for when it crosses the pivot line and when it generates a divergence signal? And would it be possible if one of those alerts could be while the bar is still open (provides an anticipation signal).

If possible that would be much appreciated. Thank you!

Hello,here is indicaror with alerts for cross, for divergence alerts have some bugs now...

kvak wrote: Mon Sep 23, 2024 5:24 am Hello,here is indicaror with alerts for cross, for divergence alerts have some bugs now...

The alerts on the divergence are definitely buggy, only fires intermittently and sometimes delayed.

AnaconMLF wrote: Mon Sep 23, 2024 12:23 pm The alerts on the divergence are definitely buggy, only fires intermittently and sometimes delayed.

There is not alerts for divergences, only on cross of levels....

kvak wrote: Mon Sep 23, 2024 5:24 am Hello,here is indicaror with alerts for cross, for divergence alerts have some bugs now...

Good evening Kvak, how are you?

Could you update the means and rms of these two indicators please?

And just include the color on function in what eAverages has?

Thank you very much, it works very well with WPR!

Is there a FIBONACCI TIME ZONES indicator that only draws a small line instead of the entire vertical line on the chart?
when you put many fibonacci time zones that start from different swings to search for time clusters, then there are too many lines on the graph

RodrigoRT7 wrote: Wed Oct 09, 2024 3:31 pm Good evening Kvak, how are you?

Could you update the means and rms of these two indicators please?

And just include the color on function in what eAverages has?

Thank you very much, it works very well with WPR!

Hello, try this version...