Re: Various (Specialist) indicators for MT4

1595
mrtools wrote: Mon Oct 30, 2023 5:26 am Alpha Trend Bands with ATR & Candlestick overlay

Hi,

Added an atr band and candle options.

What is the Alpha Trend indicator?

The Alpha Trend is an improved version of what was originally called "Trend Magic".

Upon inspection of the code we can see that the Alpha Trend formula consists of several indicators:
  • RSI (Relative Strength Index)
  • ATR (Average True Range)
  • MFI (Money Flow Index)
Improving over the Trend Magic's solid foundations, the Alpha Trend ensures it's able to withstand ranging markets keeping you aligned with the right trend even in times of low or no trading activity.

This version includes ATR bands as well as a Candlestick overlay.

PS: For the Histogram version, please see: Alpha Trend Bands Histogram indicator.
Alpha Trend Bands with ATR & Candlestick overlay + new Deviation types

Just updated to add more deviation types to the bands.
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Re: Various (Specialist) indicators for MT4

1597
mrtools wrote: Sun Nov 16, 2025 2:55 pm Alpha Trend Bands with ATR & Candlestick overlay + new Deviation types

Just updated to add more deviation types to the bands.
Hello good sir. I stand by the Braid Filter it's an amazing indicator but I was wondering if you or someone here could update it so it doesn't give alerts on neutral change ONLY on bull and bear bars. It would rely help cause its just pinging neutral alerts every time the bar moves lol.