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Re: Trend Indicators for MT4

Posted: Mon Oct 14, 2024 3:23 am
by talaate
mrtools wrote: Mon Oct 14, 2024 1:17 am Someone on another forum posted another fix, I changed it a bit was wondering if, when you get a chance you or really anyone can test this version, it's working for me, but need confirmation please. If good can develop it further maybe.
Dear mrtools
Really, It Looks very good bull/bear indicator need to be tested during market. I am sure, we'll like it
Many Thanks mrtools

Re: Trend Indicators for MT4

Posted: Tue Oct 15, 2024 2:26 am
by mrtools
BBPT Bull Bear Power Trend with Smoothing & Price Options

Added an option to use bull/bear smoothing (if bull/bear smoothing >1) and the prices.

Re: Trend Indicators for MT4

Posted: Tue Oct 15, 2024 3:26 am
by talaate
mrtools wrote: Tue Oct 15, 2024 2:26 am Added an option to use bull/bear smoothing (if bull/bear smoothing >1) and the prices.
Hi mrtools
As I said before it is really very good one.
I tested it on gold, Fibe and Geppy for scalping only and it gave me very good results.
Hope to add alerts for histogram of little version and the filled one as well.

Re: Trend Indicators for MT4

Posted: Tue Oct 15, 2024 10:30 am
by mrtools
talaate wrote: Tue Oct 15, 2024 3:26 am Hi mrtools
As I said before it is really very good one.
I tested it on gold, Fibe and Geppy for scalping only and it gave me very good results.
Hope to add alerts for histogram of little version and the filled one as well.
image_2024-10-14_192622633.png
BBPT Bull Bear Power Trend with Smoothing, Price Options, On/Off Button, Alerts & Color Filling

Hi , added alerts.

The original post and description of this indicator can be found here: What is the BBPT indicator?

Re: Trend Indicators for MT4

Posted: Tue Oct 15, 2024 11:24 pm
by boytoy
mrtools wrote: Tue Oct 15, 2024 10:30 am BBPT Bull Bear Power Trend with Smoothing, Price Options, On/Off Button, Alerts & Color Filling

Hi , added alerts.

The original post and description of this indicator can be found here: What is the BBPT indicator?
A great team effort on this one a lot of members involved in testing and fixing the zero divide error at the start too... Muhammad, Moey, Kvak, Mrtools, talaate, sal, Pacmola and of course Thiru... now we have this absolute gem of an indicator - one of the best for Trend trading out there 👌

Love the smoothing options too as you can fine tune it without wrecking it's display I use 3 for Smoothing on mine.

Re: Trend Indicators for MT4

Posted: Fri Oct 25, 2024 7:25 am
by Piphunterss
mrtools wrote: Tue Oct 15, 2024 10:30 am BBPT Bull Bear Power Trend with Smoothing, Price Options, On/Off Button, Alerts & Color Filling

Hi , added alerts.

The original post and description of this indicator can be found here: What is the BBPT indicator?
little setting modification can generate better result on 15m trend line length 14 high low 21

Re: Trend Indicators for MT4

Posted: Mon Oct 28, 2024 10:42 pm
by thiru
moey_dw wrote: Thu Sep 26, 2024 11:22 am GUYS ITS FIXED!!!!

Genius Thiru you have solved it man........ how you do that??? It works flawlessly on all timeframes now!!! Will you be able to share your fix privately with the boys mrtoolz and kvak so they can also see your solution please? Very good learning from your code
welcome moey_dw,.. been out of town for a while.. just saw the post

let me share the code, nothing to hide. :)

Re: Trend Indicators for MT4

Posted: Tue Oct 29, 2024 7:31 pm
by moey_dw
thiru wrote: Mon Oct 28, 2024 10:42 pm welcome moey_dw,.. been out of town for a while.. just saw the post

let me share the code, nothing to hide. :)

! bbpt (mod) (fixed).mq4
Welcome back mister Thiru and thank you for the upload because now it's really gonna help to figure out to avoid the Zero Divide error which was a big puzzle man!!!

Re: Trend Indicators for MT4

Posted: Sat Nov 02, 2024 6:43 am
by mrtools
Firefox wrote: Fri Nov 01, 2024 5:09 am May coders please consider adding levels on color change, regards
The market profiles are annoying and crusty so I replace it with this
BDFXTrender with Support and Resistance lines

Try!

What is the BDFXTrender indicator?

The BDFXTrender indicator is created to show market trends using the LSMA and a Moving average. It assists traders in spotting possible buying or selling chances by giving clear visual signals and alerts that reflect market conditions. By merging various Moving Averages and setting rules for identifying trends, it serves as a detailed tool for technical analysts.

What is the BDFXTrender based on?

The BDFXTrender indicator determines the trend by using a mix of a Least Squares Moving Average (LSMA) and a Moving Average (MA) for a set time frame.

The indicator establishes a trend based on the relationship between the LSMA and the Moving average:
  • Bullish Trend: If the LSMA is rising (i.e., current LSMA above previous LSMA) and is below the MA.
  • Bearish Trend: If the LSMA is falling (i.e., current LSMA above previous LSMA) and is above the MA.
  • Neutral Trend: When the LSMA is either both above or below the MA while not crossing.
This version now comes with added Support and Resistance (horizontal) lines based on the indicator's trend color changes.

PS: For a newer version with Trend Mode levels, please see here: BDFXTrender with Support and Resistance lines & Trend Mode.

If you're new to the LSMA, please see this page under "Linear Regression Value" for it's definition.

Re: Trend Indicators for MT4

Posted: Sat Nov 02, 2024 6:56 am
by Firefox
mrtools wrote: Sat Nov 02, 2024 6:43 amTry!
Thank you for your work mrtools
Possible to have all levels the same length? regards