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Re: Trend Indicators for MT4
Posted: Tue Nov 19, 2024 5:59 am
by mrtools
milanbenkoczy wrote: Tue Nov 19, 2024 2:52 am
I made it myself from a pine script wavetrend oscillator, which inputs resembled the most to the original mt4 version. Here it is:
This version seems okay!
Re: Trend Indicators for MT4
Posted: Tue Nov 19, 2024 9:46 am
by milanbenkoczy
mrtools wrote: Tue Nov 19, 2024 5:59 am
This version seems okay!
Thank you, this is very good indeed. Sadly the signal line input is not working hence the period cannot be changed. Also in the mt4 model I liked the feature very much that the wavetrend changes on slope change. But it is smaller incovinience. What sadly is a major one is that the signal line is stuck to a certain period.
Do you possibly have a soultion for that?
Thank you very much for the indicator, sir!!
Re: Trend Indicators for MT4
Posted: Tue Nov 19, 2024 10:01 am
by mrtools
Yeah, the signal was signaling on the average period instead of the signal period,
sorry about that. Everything looks more like it now, will add the coloring later tomorrow sometime. Posted the corrected version at the original post.
Re: Trend Indicators for MT4
Posted: Tue Nov 19, 2024 10:18 am
by milanbenkoczy
mrtools wrote: Tue Nov 19, 2024 10:01 am
Yeah, the signal was signaling on the average period instead of the signal period,
sorry about that. Everything looks more like it now, will add the coloring later tomorrow sometime. Posted the corrected version at the original post.
Thank you sir, I am suprised by the speed you are helping me and seems like everyone else here. This works great now! Many thanks for it and the slope change in advance as well!!:)
Re: Trend Indicators for MT4
Posted: Sat Nov 30, 2024 8:23 am
by nepo1
johnere wrote: Thu Aug 10, 2023 9:11 pm
Try this one...
Hi. I searched for the MT5 version of Trading the trend by Mladen Rakic with alerts. I found nowhere.
Can it be made one?
Thank you!
Re: Trend Indicators for MT4
Posted: Sat Nov 30, 2024 10:25 am
by mrtools
nepo1 wrote: Sat Nov 30, 2024 8:23 am
Hi. I searched for the MT5 version of Trading the trend by Mladen Rakic with alerts. I found nowhere.
Can it be made one?
Thank you!
Try
here.
Re: Trend Indicators for MT4
Posted: Fri Dec 13, 2024 7:37 am
by kvak
Double MA Cross RSI Trend indicator
This was pm request.
Simple signals from 2xMA cross and RSI trend.
Green/red line is, when trend is confirmed.
Dotted gray line is possible show for cross of ma or rsi trend.
Re: Trend Indicators for MT4
Posted: Sat Dec 14, 2024 5:24 pm
by qwepoi123
kvak wrote: Fri Dec 13, 2024 7:37 am
This was pm request.
Simple signals from 2xMA cross and RSI trend.
Green/red line is, when trend is confirmed.
Dotted gray line is possible show for cross of ma or rsi trend.
thank you
Re: Majority Rules Indicator
Posted: Sun Dec 15, 2024 12:23 am
by sape4543
Jimmy wrote: Sun Nov 11, 2018 7:26 pm
MJR (Majority Rules)
Here is the MJR (Majority Rules) indicator that was coded by Mladen back in 2012. This version has been fixed for MT4 1090.
Description:
The Majority Rules indicator (MJR) shows, in percent, the amount of days with rising prices in the chosen period of time and is often used to either confirm the trend of the underlying instrument (a rising value indicates an uptrend, while a falling value indicates a downtrend) or to signal an overbought or oversold market. An overbought market has very high values, whereas an oversold market has very low values.
Trade signals:
Buy when the value is low (generally lower than 25%, but it may vary depending on the instrument)
Sell when the value is high (generally higher than 75%, but it may vary depending on the instrument)
Calculation
Majority Rules = (number of up bars /
n) x 100
Parameters
number of up bars = the number of times where the price has risen compared to the previous bar.
n = the number of periods/bars minus 1.
EURUSDH1_MAJORITY_RULES_INDICATOR_MT4.png
majority_rules_2.mq4
does this indicator repaint ?
Re: Majority Rules Indicator
Posted: Sun Dec 15, 2024 10:46 pm
by mrtools
sape4543 wrote: Sun Dec 15, 2024 12:23 am
does this indicator repaint ?
Far as I can tell, no repaint.