Posted a mt5 version here.lukgoku wrote: Thu Mar 27, 2025 7:06 pm Hi Mrtools, this indicator deserves the top 10 nrp indicators, maybe even the top 5. Would it be possible to have it in MT5 version? I saw that you had already done an appreciable conversion, but if it were possible to integrate arrows and rma it would be great.
Thanks
Re: Various (Specialist) indicators for MT4
1492In my opinion, the Ehlers indicator looks very good on small timeframes in this version, which changes color to red and green depending on the height of the histogram. It is very good to use for beginners in the latest version Xard system to confirm after a small dot appears. I was looking at gold M5, the parameters of the indicator are 8, 3.
This indicator can also be used in any system to work in the direction of the trend of the higher timeframe.
Link to indicator: viewtopic.php?p=1295510485#p1295510485
Re: Various (Specialist) indicators for MT4
1493
Fantastic 8, 3 on the EFT work very good for M5.. that's a nice setting thanks for testzelepuk wrote: Sat Mar 29, 2025 12:48 am In my opinion, the Ehlers indicator looks very good on small timeframes in this version, which changes color to red and green depending on the height of the histogram. It is very good to use for beginners in the latest version Xard system to confirm after a small dot appears. I was looking at gold M5, the parameters of the indicator are 8, 3.
This indicator can also be used in any system to work in the direction of the trend of the higher timeframe.
Link to indicator: viewtopic.php?p=1295510485#p1295510485
- These users thanked the author boytoy for the post:
- RodrigoRT7
Re: Various (Specialist) indicators for MT4
1494Try adding this indicator with a period of 75 to M1. This indicator will help you filter out false movements and stay in the game. I meant to add this indicator to the trend scalp with parameters 100, 8.lukgoku wrote: Wed Mar 26, 2025 7:34 pm if you are interested try the trend trigger at 100 on m1 with RMA and smoothing period at 8, it looks really good to me
In my opinion, it looks good.
Re: Various (Specialist) indicators for MT4
1495MrTools, hello!
There are many indicators of the previous day's high low. Could you edit one of them so that the line continues to be drawn until the price hits it?
An example of what I want in the picture.
There are many indicators of the previous day's high low. Could you edit one of them so that the line continues to be drawn until the price hits it?
An example of what I want in the picture.
Re: Various (Specialist) indicators for MT4
1496
REI (Range Expansion Index) with Jurik RSX & Confidence BandsTopguy7 wrote: Sat Apr 19, 2025 7:18 pm Hi Mrtools. saw an old indicator converted by you to mt4,was wondering if you still have it and if arrow/alerts can be added to it.Thanks.
The ex4 is working on my platform but mq4 which you posted is not attaching . Attached are the 2 . Thanks
Hello, this version with alerts and arrows seems better.
What is the Range Expansion Index?
The Range Expansion Index (REI) is an oscillator designed to assess the rate of price changes and to indicate OBOS (overbought and oversold) conditions when there is a sign of price weakness or strength. This indicator was created by Thomas DeMark and is detailed in his publication, New Market Timing Techniques: Innovative Studies in Market Rhythm & Price Exhaustion.
The values of the REI range from -100 to +100. It is considered an advanced oscillator because it remains neutral during periods of price stability and only indicates trends when significant peaks or troughs are achieved.
Confidence Bands
This version of the REI includes Confidence Bands.
A confidence band in statistical analysis illustrates the "uncertainty" in estimating a curve or function from limited or noisy data. Likewise, a prediction band indicates the uncertainty of a new data point on the curve, influenced by noise.
Confidence bands are closely associated with confidence intervals, which indicate the uncertainty in estimating a single numerical value.
The RSX plays an important role in this indicator
This version is founded on the idea put forth by Mark Jurik, who recommends that the REI can be determined by adding
rsx(high) + rsx(low)
, leading to a notably smoother result.- These users thanked the author mrtools for the post (total 12):
- RodrigoRT7, Topguy7, Jimmy, boytoy, nbibu, 太虚一毫, kudrpenk, vvFish, FXSurf, macd & rsi, FredericoA, Krunal Gajjar
Re: Various (Specialist) indicators for MT4
1497mrtools wrote: Sun Apr 20, 2025 2:45 pm REI (Range Expansion Index) with Jurik RSX & Confidence Bands
Hello, this version with alerts and arrows seems better.

"Only the price on the chart can show the entrance to the deal..."
Re: Various (Specialist) indicators for MT4
1500z-score eAverages H1 testkvak wrote: Mon Mar 10, 2025 7:04 am Z-score with MA Filters (Averages)
Z-score with average pack as request.
Also avalaible quantile/floating or fixed levels
PS: For more information on the Z-score, please see: What is the Z-score indicator?
- These users thanked the author delp for the post (total 2):
- kvak, RodrigoRT7