Re: MT4 Indicator requests and ideas

21062
Wizard wrote: Sat Feb 22, 2025 5:07 pm Dear Mrtools and Kvak,

I think i found an indicator worthy enough for top 10 non repainting indicators.
I am attaching two indicators, Davits pivot and pivot oscillator. I want Davits pivot to be working the same as pivot oscillator, so davits pivot should display blue color or histogram whenever it reaches R61 or R78 ( FIb retracement based on options daily, weekly , monthly etc ).
Similarly red histogram color whenever it reaches S61 or S78 fib retracement. I believe this indicator with these modifications will be the most powerful reversal indicator created ever.
Thanks.
Hello, sorry, don't know...

Re: MT4 Indicator requests and ideas

21064
Is it possible to make oscillator out of this?


Stock traders and analysts who rely on technical analysis use sine waves to plot the upper and lower limits of a stock's movement up and down over time. This helps them spot fleeting opportunities to buy or sell the stock, based on its movements outside its usual range.

The sine wave can be a useful tool when stocks are generally moving cyclically. It fails, however, when the markets overall are trending, meaning they are moving in a way that is less predictable.


Re: MT4 Indicator requests and ideas

21067
ROI wrote: Wed Feb 26, 2025 4:05 pm Is it possible to make oscillator out of this?

SineWMA.mq4



Stock traders and analysts who rely on technical analysis use sine waves to plot the upper and lower limits of a stock's movement up and down over time. This helps them spot fleeting opportunities to buy or sell the stock, based on its movements outside its usual range.

The sine wave can be a useful tool when stocks are generally moving cyclically. It fails, however, when the markets overall are trending, meaning they are moving in a way that is less predictable.
Try here