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Re: Stochastic indicators for MT4

Posted: Fri Mar 15, 2024 10:11 am
by kvak
Stochastic histogram with entry/exit arrows and alerts...

Re: Stochastic indicators for MT4

Posted: Tue Mar 19, 2024 1:05 am
by lukgoku
mrtools wrote: Fri Mar 08, 2024 4:10 am Alerts added.
Dear Mrtools, is there a histo version with MTF of Smacd?

Re: Stochastic indicators for MT4

Posted: Tue Mar 19, 2024 1:26 am
by mrtools
lukgoku wrote: Tue Mar 19, 2024 1:05 am Dear Mrtools, is there a histo version with MTF of Smacd?
What kind of histogram did you have in mind?

Re: Stochastic indicators for MT4

Posted: Tue Mar 19, 2024 2:02 am
by lukgoku
mrtools wrote: Tue Mar 19, 2024 1:26 am What kind of histogram did you have in mind?
perhaps you could create a double histogram that changes color when the color of the Smoothed line changes and then when it crosses the Signal line...I think maybe it would be easier to follow, I think it's a fantastic indicator to use on the m1 for scalping and this way you would be able to identify the moment more quickly

Re: Stochastic indicators for MT4

Posted: Fri Mar 22, 2024 7:14 pm
by lukgoku
mrtools wrote: Tue Mar 19, 2024 1:26 am What kind of histogram did you have in mind?
hi MrTools, do you think it's possible?

Re: Stochastic indicators for MT4

Posted: Sat Mar 23, 2024 1:30 am
by mrtools
lukgoku wrote: Fri Mar 22, 2024 7:14 pm hi MrTools, do you think it's possible?
Did this not sure if it is what you are looking for though. On the histogram 1 to 2 = bullish slope, -1 to -2 = bearish slope, 0 to 1 = bullish signal cross, and 0 to -1 = bearish signal cross.

Re: Stochastic indicators for MT4

Posted: Sat Mar 23, 2024 2:10 am
by lukgoku
mrtools wrote: Sat Mar 23, 2024 1:30 am Did this not sure if it is what you are looking for though. On the histogram 1 to 2 = bullish slope, -1 to -2 = bearish slope, 0 to 1 = bullish signal cross, and 0 to -1 = bearish signal cross.
Hi, first of all thank you for answering me, it wasn't obvious to me.

You're almost there. You're very close to my thoughts, but I had imagined it as two simple separate and non-overlapping histograms, but I don't know if it's possible... if it were it would be fantastic, otherwise it could also be used like this if you could add the alerts.

Thanks again

Re: Stochastic indicators for MT4

Posted: Sat Mar 23, 2024 2:37 am
by lukgoku
mrtools wrote: Sat Mar 23, 2024 1:30 am Did this not sure if it is what you are looking for though. On the histogram 1 to 2 = bullish slope, -1 to -2 = bearish slope, 0 to 1 = bullish signal cross, and 0 to -1 = bearish signal cross.
MrTools,
I tried using copy and paste to create the version I had in my head

Re: Stochastic indicators for MT4

Posted: Wed Mar 27, 2024 2:31 am
by talaate
kvak wrote: Fri Mar 15, 2024 10:11 am Stochastic histogram with entry/exit arrows and alerts...
Hi kvak
IIs it possible to create same simple indicator for RSI.
Many Thanks

Re: Stochastic indicators for MT4

Posted: Wed Mar 27, 2024 5:37 am
by TEAMTRADER
I am baffled.
I changed the indicator code on line 5 from separate to 'chart' and obviously it did not work.
I changed it back to 'separate' and on screen the indicator now loaded and showed on screen. SUCCESS?
Then on line 24 I tried to change the colours of each level - and failed - see my comment on line 24.
Every time I have to load it to a chart I have to do the same thing and save the template. Obviously I would prefer to have the indicator loading first time without the time wasted on changing and rechanging.
Questions
a. Can this same indicator be made so it can be loaded onto all charts on screen?
b. Can the levels of this indicator be made so that the colours and widths can be changed?
I also show two illustrations of how I use the indi by drawing trap line over and under the indi itself and particularly at the extremes - first one shows entry when the indicator, NOT the price, breaks through the trapline and the second is the exit when the price hit the BB. It was a very safe 20 pts.
Obviously I can still get it to work for myself, with a lot of fiddle, but ideally others would benefit hugely.
Many thanks
TEAMTRADER