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Re: Various (Specialist) indicators for MT4
Posted: Sun Aug 13, 2023 9:05 pm
by sal
mrtools wrote: Sun Aug 13, 2023 3:25 pm
Just got in and it's late here will see what i can do with it tomorrow.
thats fine bro..
Re: Various (Specialist) indicators for MT4
Posted: Sun Aug 27, 2023 3:04 pm
by mrtools
This is a mt4 version of Centaur's mt5 version of a trade view Alpha trend, haven't really tested the 2 side by side but think they should be close to the same. From the code looks like similar to a cci based super trend but instead of cci it is using mfi and rsi.
Re: Various (Specialist) indicators for MT4
Posted: Thu Aug 31, 2023 5:59 am
by mrtools
From Mladen Rakic:
In his article "The Hunt for Superior Signals – Two Moving Function Hybrids" (September 2005), William Rafter described the Moving Slope Rate Of Change. This is the MSROC as originally described.
Instead of using just a change in price to calculate slope (as with Rate Of Change or "ROC"), the slope of a least-squares line is used to calculate MSROC. That produces a much smoother result than the regular ROC and that way the number of false signals is significantly decreasing compared to the ROC itself.
This version is extending the basic version of the indicator. Instead of having only a fixed zero level as a criteria for trend change determination, this version adds floating (dynamic) level(s). The main advantage of the floating levels compared to the fixed zero level is its responsiveness and earlier detection of trend change (with much less noise than in cases when the slope of the MSROC is used) and is filtering out quite a lot of false signals along the way.
I made a mt4 version but made it a <> 0 histogram with lines showing when slope is changing.
Re: Various (Specialist) indicators for MT4
Posted: Tue Sep 05, 2023 12:56 am
by mrtools
sal wrote: Mon Sep 04, 2023 9:57 pm
mr. tools
can you please alert as per arrows...
Alerts added.
Re: Various (Specialist) indicators for MT4
Posted: Fri Sep 15, 2023 9:12 am
by mrtools
TMMS Oscillator (Trading Made More Simpler)
The TMMS oscillator (aka “Trading Made More Simpler”) is an indicator made of conditions based on both 2 separated Stochastic and 1 RSI.
- Bullish zone is green
- Bearish zone one is red
- When the histogram is grey, no signals are available at that time
The indicator shows the current trend of a
Hull moving average (slope).
- When the trend is up, green dots are plotted on the zero line.
- When the trend is down, the dots are colored in orange.
Not sure where this actually started but this is a simplified version of Swingman's from that other forum

Re: Various (Specialist) indicators for MT4
Posted: Fri Sep 15, 2023 9:36 am
by Chickenspicy
Feel like these should be grouped with the above
Similarly different from the rest
Re: Various (Specialist) indicators for MT4
Posted: Fri Sep 15, 2023 2:24 pm
by sal
brooky indicator will guide for the S/R levels with S/D zone area where exactly price reversal /reject when RSI & CCI are at ob/os level to watch.
also confirm the untested zone levels as well after strong trend market pullback
Re: Various (Specialist) indicators for MT4
Posted: Fri Sep 15, 2023 2:34 pm
by sal
mr.tools
i like to have 2 rsi different periods with 1cci .. same pattern histogram. possible bro.!!!
Re: Various (Specialist) indicators for MT4
Posted: Fri Sep 15, 2023 6:52 pm
by josi
mrtools wrote: Fri Sep 15, 2023 9:12 am
Seems to work quite well; thanks MrTools!
Re: Various (Specialist) indicators for MT4
Posted: Sat Sep 16, 2023 1:28 am
by qwepoi123
mrtools wrote: Sun Aug 27, 2023 3:04 pm
This is a mt4 version of Centaur's mt5 version of a trade view Alpha trend, haven't really tested the 2 side by side but think they should be close to the same. From the code looks like similar to a cci based super trend but instead of cci it is using mfi and rsi.
@mrtools Dear Mr. Mrtools, could you please add channels or bands and MTF to the Alpha trend indicator?Thank you!