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Re: Various (Specialist) indicators for MT4
Posted: Tue Oct 24, 2023 2:01 am
by 太虚一毫
mrtools wrote: Mon May 01, 2023 4:45 am
Added the on/off button.
REX is a very good indicator!
Attempt to swing trade with REX.
The teacher thinks about whether it can be done: when the REX trend line turns cyan, that is, the rising band, (in the main chart window) displays 1 up arrow; When it turns rose, i.e. the downward band, 1 downward arrow (in the main chart window)?
Show only 1 arrow?
The merit is immeasurable!
Re: Various (Specialist) indicators for MT4
Posted: Tue Oct 24, 2023 3:52 am
by mrtools
太虚一毫 wrote: Tue Oct 24, 2023 2:01 am
REX is a very good indicator!
Attempt to swing trade with REX.
The teacher thinks about whether it can be done: when the REX trend line turns cyan, that is, the rising band, (in the main chart window) displays 1 up arrow; When it turns rose, i.e. the downward band, 1 downward arrow (in the main chart window)?
Show only 1 arrow?
The merit is immeasurable!
REX Oscillator Averages with Donchian Channels (Filtered) with MTF + Arrows & Alerts
The only way I know of doing it is this way, mainly because the trend depends partially on the previous bar.
For information on this indicator and what it does, please see this post:
What is the REX indicator?
Re: Various (Specialist) indicators for MT4
Posted: Thu Oct 26, 2023 10:00 am
by Chickenspicy
Is there a possibility of creating a z score out of vix?
I found one on tradingview
Seems like a good mean reversion tool
But they are using a vix from a data source so idk if it would be any good
https://www.tradingview.com/script/fhya ... e/fhya9ehl
Re: Various (Specialist) indicators for MT4
Posted: Sat Oct 28, 2023 3:12 am
by mrtools
smartvin wrote: Fri Oct 27, 2023 11:35 am
Hi programmers,
Could you please add the pop-up and push notification whenever line enter inside the ribbon. Attached indicator and the template
Thanks in advance.
Added exit alerts.
Re: Various (Specialist) indicators for MT4
Posted: Sat Oct 28, 2023 2:13 pm
by Cazz223
Hello MrTools,
I tried to attached this DeMarker MTF indicator on M15 chart on several timeframe settings.
H1 and M15 (Current) worked perfectly, but the curves of M5 went flat when I scrolled in time.
Can you tell why and what can be done please?
Many Thanks.
Re: Various (Specialist) indicators for MT4
Posted: Sun Oct 29, 2023 1:49 am
by mrtools
Cazz223 wrote: Sat Oct 28, 2023 2:13 pm
Hello MrTools,
I tried to attached this DeMarker MTF indicator on M15 chart on several timeframe settings.
H1 and M15 (Current) worked perfectly, but the curves of M5 went flat when I scrolled in time.
Can you tell why and what can be done please?
Many Thanks.
Don't have that code anymore but just to let you know the mtf was designed to look at higher timeframes than your open chart timeframe, not to look at lower timeframes than your original so looking at it that way not sure how accurate it can be.
Re: Various (Specialist) indicators for MT4
Posted: Sun Oct 29, 2023 5:53 pm
by smartvin
Thank you, mrtools
mrtools wrote: Sat Oct 28, 2023 3:12 am
Added exit alerts.
Re: Various (Specialist) indicators for MT4
Posted: Mon Oct 30, 2023 12:58 am
by Ganesh
mrtools wrote: Sat Sep 16, 2023 8:35 am
Added mtf and a Bollinger type bands option.
Hi, mrtools, kindly add candle colour display option.and ATR bands in additition to standard deviation ,THANK YOU.
Re: Various (Specialist) indicators for MT4
Posted: Mon Oct 30, 2023 3:50 am
by RodrigoRT7
mrtools wrote: Tue Dec 27, 2022 4:55 pm
Added g channel moving average not sure how close to Kvak's, but this is my version. also maybe check out another new average the rolling moving average (RMA).
hello Mr Tools, everything is fine? I'm here again, lol. As I already mentioned in a post, the Z score is one of my main indicators. Is there a possibility of updating the averages? If you could include the regularized rma and ema it would be really cool

and finally the VVMA histogram fill, gives a good OBOS bias.
Thank you very much in advance

Re: Various (Specialist) indicators for MT4
Posted: Mon Oct 30, 2023 5:26 am
by mrtools
Ganesh wrote: Mon Oct 30, 2023 12:58 am
Alpha trend bands (mtf +arrows + alerts).ex4
Hi, mrtools, kindly add candle colour display option.and ATR bands in additition to standard deviation ,THANK YOU.
Alpha Trend Bands with ATR & Candlestick overlay
Hi,
Added an atr band and candle options.
What is the Alpha Trend indicator?
The Alpha Trend is an improved version of what was originally called "Trend Magic".
Upon inspection of the code we can see that the Alpha Trend formula consists of several indicators:
- RSI (Relative Strength Index)
- ATR (Average True Range)
- MFI (Money Flow Index)
Improving over the Trend Magic's solid foundations, the Alpha Trend ensures it's able to withstand ranging markets keeping you aligned with the right trend even in times of low or no trading activity.
This version includes ATR bands as well as a Candlestick overlay.
PS: For the Histogram version, please see:
Alpha Trend Bands Histogram indicator.