Re: Step Indicators for MT4
Posted: Thu Feb 04, 2021 1:05 am
Remarkable. Thank you Mr. Darks for this indicator!
Step Indicators for MT4
Page 44 of 71
Re: Step Indicators for MT4
Posted: Sat Feb 06, 2021 8:26 am
Prices added.Hi Mrtools,
Could you please add all price options to this indicator?
Thanks.
Re: Step Indicators for MT4
Posted: Sun Mar 14, 2021 2:15 pm
Added a choice of deviation bands or atr band options, also updated the indicator a bit to now include auto adjust candles instead of the bars.Ganesh wrote: Fri Mar 12, 2021 6:43 pm hi, mrtools kindly add 2-3 deviation bands to this attached indicator.step - nema (mtf alerts arrows).ex4
PS: To see an example on how ATR Bands & Custom Standard Deviation Bands differ, please see here: ATR Bands Vs Standard Deviation Bands.
Re: Step Indicators for MT4
Posted: Sun Mar 14, 2021 6:10 pm
Excellent work. thank you very much mrtoolsmrtools wrote: Sun Mar 14, 2021 2:15 pm Added a choice of deviation bands or atr band options, also updated the indicator a bit to now include auto adjust candles instead of the bars.
Re: Step Indicators for MT4
Posted: Mon Mar 15, 2021 4:13 pm
ATR Bands vs Custom Deviation Bandsmrtools wrote: Sun Mar 14, 2021 2:15 pm Added a choice of deviation bands or atr band options, also updated the indicator a bit to now include auto adjust candles instead of the bars.
This is really good. Different results can be seen when changing the Bands from ATR to either Custom Standard Deviation.
Without getting too technical, how can we use ATR Bands Vs Custom Standard Deviation Bands?
- Use the ATR bands for predicting possible reversal areas and candlestick exhaustion
- Use the Custom Standard Deviation for entering breakouts and forecasting Volatility whenever the bands "PINCH"
ATR Bands
Custom Standard Deviation Bands
Thank you Mrtools and Ganesh for the idea
Re: Step Indicators for MT4
Posted: Mon Mar 15, 2021 5:03 pm
The Color Candles indicator is good!mrtools wrote: Thu May 09, 2019 3:47 am Okay will make it later, had been working on this one, never was happy with the step function, but think this version the step is a little better, and possibly IMHO a little better than the step kaufman, anyway added the 7 display options to it, including the auto adjusting candles.
Re: Step Indicators for MT4
Posted: Mon Mar 15, 2021 5:18 pm
It is not clear, which is better, step nema (mtf + alerts + arrows + bands), step-vhf-adaptive-vma (mtf + alerts + arrows) two candles! All in all good! Thank the teacher for his selfless contribution! Boundless merit!
Re: Step Indicators for MT4
Posted: Mon Mar 15, 2021 6:56 pm
yeah......... bands is good too!!太虚一毫 wrote: Mon Mar 15, 2021 5:18 pm It is not clear, which is better, step nema (mtf + alerts + arrows + bands), step-vhf-adaptive-vma (mtf + alerts + arrows) two candles! All in all good! Thank the teacher for his selfless contribution! Boundless merit!
Re: Step Indicators for MT4
Posted: Tue Mar 16, 2021 12:47 am
If you only look at candles or arrows without showing these thin gray lines, it will be more perfect! Haha, too much demand! ! !mrtools wrote: Sun Mar 14, 2021 2:15 pm Added a choice of deviation bands or atr band options, also updated the indicator a bit to now include auto adjust candles instead of the bars.
PS: To see an example on how ATR Bands & Custom Standard Deviation Bands differ, please see here: ATR Bands Vs Standard Deviation Bands.
Re: Step Indicators for MT4
Posted: Sat Mar 20, 2021 5:01 am
Hi. mrtools , Band version of step nema gives different signals with the original version. original corrected version attached heremrtools wrote: Sun Mar 14, 2021 2:15 pm Added a choice of deviation bands or atr band options, also updated the indicator a bit to now include auto adjust candles instead of the bars.
PS: To see an example on how ATR Bands & Custom Standard Deviation Bands differ, please see here: ATR Bands Vs Standard Deviation Bands.