You can use the Dragon's Mouth by reading this instructional post.Rajamohamed wrote: Mon Aug 19, 2024 11:34 pm Hello Mr.Andrei
how to use this dragons mouth indicator? Are there any rules for using it? If so please let me know.
I would love to listen to you.
kvak, this indicator is very good! thanks!kvak wrote: Fri Aug 02, 2024 3:59 am What is the RMI Trend Sniper?
The RMI Trend Sniper indicator has been created to accurately pinpoint market trends and trading signals as well as guide investors on where to set stop losses.
This technical indicator combines the analysis of the Relative Strength Index (RSI) alongside the Money Flow Index (MFI) and an innovative method for range-weighted moving average in order to provide a thorough insight into market dynamics.
The adjustable parameters permits traders to determine the strength of Bullish & Bearish trends with the adjustable "Positive above/Negative below" option: Sets thresholds to determine the strength of bullish and bearish trends.
RSI calculations
This version comes with the following RSI calculation types:
- Regular RSI
- Slow RSI
- Rapid RSI
- Harris RSI
- RSX
- RSX (Gaussian)
- RSX 2
- Cutlers RSI
- Ehlers Smoothed RSI
- Laguerre RSI
- RSI DS (Double Smoothed)
- RSI Super Smoothed
- RSI Gaussian
- Ultimate RSI
Helo.Gabms wrote: Thu Aug 22, 2024 8:08 am kvak, this indicator is very good! thanks!
Question: when I set the indicator manually to chart, works fine. But when I call the indicator from an EA and I try to get the values with iCustom function, I get an alert error that says "Alert: Invalid File name". The indicator has a different name internally? Or what is the original name of rmi(trend sniper).ex4 indicator?
Thanks.
Gabms
ionone wrote: Tue Aug 27, 2024 6:55 pm screenshot.667.jpg
my new toy for you !
it's a trend indicator : if the red line goes up and is above the 0.25 limit then it's trending for sure
Jeff
Code: Select all
// © Dreadblitz
//@version=4
//
study("BULL BEAR POWER TREND", shorttitle = "BBPT", overlay=false)
//
reg_trend_on = input(false, "Activate Reg Trend Line")
length = input(defval=8, title="?? Length Reg Trend line=", minval=1)
//
BullTrend_hist = 0.0
BearTrend_hist = 0.0
BullTrend = (close - lowest(low, 50)) / atr(5)
BearTrend = (highest(high, 50) - close) / atr(5)
BearTrend2= -1*BearTrend
Trend = BullTrend - BearTrend
hline(0, title='Nivel 0', color=#000000, linestyle=hline.style_solid, linewidth=1)
niv_0=plot(0, title='Nivel 0"', color=#000000, linewidth=1, style=plot.style_line, transp=100)
hline(2, title='Nivel 2', color=#008000, linestyle=hline.style_solid, linewidth=1)
niv_2=plot(2, title='Nivel 2', color=#008000, linewidth=1, style=plot.style_line, transp=100)
hline(-2, title='Nivel -2', color=#FF0000, linestyle=hline.style_solid, linewidth=1)
niv_22=plot(-2, title='Nivel -2"', color=#FF0000, linewidth=1, style=plot.style_line, transp=100)
a=plot(BullTrend, title='Bull Trend"', color=#008000, linewidth=2, style=plot.style_line, transp=0)
b=plot(BearTrend2, title='Bear Trend"', color=#FF0000, linewidth=2, style=plot.style_line, transp=0)
fill(a,niv_2, color=#008000, transp=50)
fill(b,niv_22, color=#FF0000, transp=50)
fill(niv_22,niv_2, color=color.white, transp=60)
plot(reg_trend_on == false?Trend:na, title='Trend', color=#000000, linewidth=1, style=plot.style_line, transp=0)
if BullTrend < 2
BullTrend_hist := BullTrend -2
plot(BullTrend_hist, title='Bull Trend Hist', color=#FF0000, linewidth=1, style=plot.style_columns, transp=0)
if BearTrend2 > -2
BearTrend_hist := BearTrend2 +2
plot(BearTrend_hist, title='Bull Trend Hist', color=#008000, linewidth=1, style=plot.style_columns, transp=0)
//alexgrover-Regression Line Formula
x = bar_index
y = Trend
x_ = sma(x, length)
y_ = sma(y, length)
mx = stdev(x, length)
my = stdev(y, length)
c = correlation(x, y, length)
slope = c * (my / mx)
inter = y_ - slope * x_
reg_trend = x * slope + inter
//
plot(reg_trend_on == true?reg_trend:na, title='Trend', color=#000000, linewidth=1, style=plot.style_line, transp=0)WOW DEAR YOU ARE VERY SPECIAL THANK YOU....... HABIBI MARVELOUS CONVERSION TO MT4muhammadFarooq2k20 wrote: Fri Aug 30, 2024 5:19 am i convert my first indicator treadingview to mlq4 power trend indicator
Five star conversion brother. This is a superb effort, a strong indicator for visualizing volatility and trends by watching the outer lines. Thank you for this indicator!muhammadFarooq2k20 wrote: Fri Aug 30, 2024 5:19 am i convert my first indicator treadingview to mlq4 power trend indicator