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Re: Trend Indicators for MT4
Posted: Mon Dec 07, 2020 6:00 am
by mrtools
Outclear wrote:Sun Dec 06, 2020 5:47 pm
Thank you
Mr Tools for adding MTF to the indicator, I appreciate the hard work,
However for the second request, I wanted arrows NOT when there is a crossover BUT when
price bounces back and touches or
moves out of the boundary/envelope
whilst the middle band is RED or GREEN for SELL or BUY respectively.
I have attached two images illustrating exactly what I want.
I have been using
deviation of the indicator set to
1.5 and price has been pulling back and bouncing off the envelope nicely and frequently giving some nice signals.
Hope I explained it a little bit better now ....Thank you for the work you going to put in this work.
Try, hopefully it will be closer to what you need.
PS: If you would like to download the template used on our Daily Downloads with the indicator, see here:
Elder Auto Envelopes indicator settings template for MT4.
Re: Trend Indicators for MT4
Posted: Mon Dec 07, 2020 7:59 am
by Outclear
mrtools wrote:Mon Dec 07, 2020 6:00 am
Try, hopefully it will be closer to what you need.
Superb work, thanks so much
Re: Trend Indicators for MT4
Posted: Mon Dec 07, 2020 7:10 pm
by Jimmy
mrtools wrote:Mon Dec 07, 2020 6:00 am
Try, hopefully it will be closer to what you need.
Great coding and idea brothers. Thank you for this upgraded version with AHTF (Auto Higher Timeframe), it indeed is a solid performer for scalping retracements and re-entering those trending moves. I'm really digging the AHTF & Re-Enter Mode.
Here's a template for those who would like to use the color scheme from our chart:
Re: Trend Indicators for MT4
Posted: Sun Dec 27, 2020 5:05 am
by Rox
Envelopes Cloud System
Re: Trend Indicators for MT4
Posted: Fri Jan 08, 2021 11:11 am
by mrtools
Josephfiyin wrote:Fri Jan 08, 2021 9:55 am
Yeah I meant the 50 line ... Thanks for your help.
50 cross alerts added, also optimized the code somewhat!
Re: Trend Indicators for MT4
Posted: Sun Jan 10, 2021 4:58 am
by TEAMTRADER
I thought this simple MT4 trend following set up will help traders move to the highly profitable professional ranks.
It should look like the illustrations.
Central yellow area on stochs is sideways, pale green section is trend up with pink section trend down.
On screen indis are standard ma's with above blue = up and below red = down.
Stochs show divergences too with the levels to help the eye.
Basic, simple yet effective and I hope easy to understand and follow.
TEAMTRADER
PS - the template is a must to get the effects.
Re: Trend Indicators for MT4
Posted: Sat Jan 23, 2021 10:18 pm
by Leobaia
Leobaia wrote:Fri Dec 04, 2020 6:25 am
thank you very much Mr Tools. it was very good. Thanks!!
Hello Mister Tools !!
Could you please divide this indicator into two indicators. One with a buy sign only and one with a sell sign only. Or add this choice option in the settings. Thanks.
Re: Trend Indicators for MT4
Posted: Sun Jan 24, 2021 4:44 am
by Taicer
Mr. Tools,
Could you please add some variables to this trend indicator, we only have the
"CountBars" which doesn't help much.
Thanks in advance!
Re: Trend Indicators for MT4
Posted: Sun Jan 24, 2021 4:19 pm
by wojtek
Do we have the half-trend indicator, non-repainting source code?
Re: Trend Indicators for MT4
Posted: Mon Jan 25, 2021 2:36 am
by mrtools
Leobaia wrote:Sat Jan 23, 2021 10:18 pm
Hello Mister Tools !!
Could you please divide this indicator into two indicators. One with a buy sign only and one with a sell sign only. Or add this choice option in the settings. Thanks.Accelerator - (alerts + divergence).ex4
Sorry not understanding what you are looking for.