Re: Volume Indicators for MT4

973
Intrest 1 wrote: Thu Mar 27, 2025 8:09 pm It seems that if you take a five -day ADR in relation to the average volume of five days, then the current bar in the form of a volume of volume to the range can be greater or less than the average five -day value
Why does it do that........... hrrmmm
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Re: Volume Indicators for MT4

974
Dynamic Aggregated VSA v1.0

This MT4 indicator is an experiment of mine based on (dynamic aggregated) ticks vs price. Since MT4 does not show us historical ticks with their tick prices (or the amount of up vs down ticks), I created a VSA-like algo that, if necessary, calls a certain amount of ticks from previous bars to measure the live bar. It puts amounts of tick data into an array and that array is dynamic: whenever the current data isn’t enough to make a good judgment, it keeps calling extra data until it does. Also, the calculation can be RSI-like if needed for a clearer relative price momentum. But please be advised, it is still under development and it should not be used as a stand-alone strategy. Combine it, for instance, with a short-term trend to get confirmations on continuous trends, pullbacks, and/or corrections. I also used some popular colors. Enjoy!

Key features

Trend Mode:
When TRUE, it will color each candle the same color as the last change in trend. If OFF, it only highlights the bars that got the indicator’s attention (including potential direction). Red = Downwards pressure, Green = Upwards pressure.

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Re: Volume Indicators for MT4

975
Pipa wrote: Tue Apr 08, 2025 11:44 pm Dynamic Aggregated VSA v1.0

This MT4 indicator is an experiment of mine based on (dynamic aggregated) ticks vs price. Since MT4 does not show us historical ticks with their tick prices (or the amount of up vs down ticks), I created a VSA-like algo that, if necessary, calls a certain amount of ticks from previous bars to measure the live bar. It puts amounts of tick data into an array and that array is dynamic: whenever the current data isn’t enough to make a good judgment, it keeps calling extra data until it does. Also, the calculation can be RSI-like if needed for a clearer relative price momentum. But please be advised, it is still under development and it should not be used as a stand-alone strategy. Combine it, for instance, with a short-term trend to get confirmations on continuous trends, pullbacks, and/or corrections. I also used some popular colors. Enjoy!

Key features

Trend Mode:
When TRUE, it will color each candle the same color as the last change in trend. If OFF, it only highlights the bars that got the indicator’s attention (including potential direction). Red = Downwards pressure, Green = Upwards pressure.


AUDUSDM5_DAVSA_02.png

AUDUSDM5_DAVSA_01.png

DAVSA.ex4
Pipa, after your last indicator you created, I will be testing this one!

Thank you
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Pipa
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Re: Volume Indicators for MT4

976
Jonex1995 wrote: Sun Apr 20, 2025 8:26 pm hello beautiful people can anyone got some time to make this indicator for MFI ?
MFI (Money Flow Index) Summed with Multi-timeframe & Alerts

Hello, not very beautiful, but made this version.

What is the Money Flow Summed indicator?

Like the RSI Summed indicator created by Mladen, the MFI "Summed" assesses the NNN (next-nearest-neighbour) Money Flow Index values according to the periods defined within the indicator.

It evaluates whether all NNN Stochastic values are positioned above or below a specific threshold. When all values exceed the threshold, it indicates an upward trend; conversely, if all values fall below, it signifies a downward trend. In cases where the values are mixed, the indicator reflects the "Neutral" state.

As explained in our RSI Summed post, the RSI Summed suggests that although some people might argue that this condition can be determined just by looking at the slowest RSI, this view isn't always correct because it heavily depends on the chosen time frames. As a result, this indicator will evaluate all the specified Money Flow Index values.

The periods can be listed using colons to separate them. The default setting is 14;15;16;17;18;19;20;21.

PS: For addition indicators, please also consider:
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Re: Volume Indicators for MT4

978
mrtools wrote: Mon Apr 21, 2025 6:49 am Hello, not very beautiful, but made this version.
Huh!!! It is beautiful just like you Mrtoolz......... now a set RSI + MFI + STOCH summed histograms here 👏👏👏
These users thanked the author moey_dw for the post (total 3):
Jimmy, doolfrews, mrtools
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 👈