Re: Various (Specialist) indicators for MT4

1405
mrtools wrote: Fri Nov 08, 2024 11:53 amTry!
Hi Mrtools
I made some modifications on the calculation algorithm by adding default level, I also clony some from your free indicators and also mladen's free codes + help from Chat GPT + my very little and poor my code information, then I made this one. It has to be mentioned that this indicator and specially its default level can only be used for Gold/USD, otherwise will not shown on the chart.
Dear mrtools:
I couldn't mad MTF, I would appreciate if you help me by add the option of MTF to the indicator
Many Thanks


Re: Various (Specialist) indicators for MT4

1406
talaate wrote: Tue Dec 10, 2024 4:57 pm Hi Mrtools
I made some modifications on the calculation algorithm by adding default level, I also clony some from your free indicators and also mladen's free codes + help from Chat GPT + my very little and poor my code information, then I made this one. It has to be mentioned that this indicator and specially its default level can only be used for Gold/USD, otherwise will not shown on the chart.
Dear mrtools:
I couldn't mad MTF, I would appreciate if you help me by add the option of MTF to the indicator
Many Thanks
Bear Bulls Power for XAUUSD (alerts)-new v.1.06.ex4
Bear Bulls Power for XAUUSD (alerts)-new v.1.06.mq4
Hello, just trying to understand what you are wanting to do, is it a histogram when the bulls+bears cross the threshold levels?

Re: Various (Specialist) indicators for MT4

1409
mrtools wrote: Wed Dec 11, 2024 1:05 am No, you did fine, I just saw some issues in the code and will add the mtf, but was wondering what you were trying to do in the indicator to see if I can fix.
mrtools
ok mrtools
Actually, I believe that bear/bull power are playing very important role on the price action and by calculating the power only if they are in the same direction, good signal can found. Therefore, I added threshold levels if bear and bull are in the same direction to be sure from the strength of that power

Re: Various (Specialist) indicators for MT4

1410
talaate wrote: Wed Dec 11, 2024 1:39 am mrtools
ok mrtools
Actually, I believe that bear/bull power are playing very important role on the price action and by calculating the power only if they are in the same direction, good signal can found. Therefore, I added threshold levels if bear and bull are in the same direction to be sure from the strength of that power
Would this work?
These users thanked the author mrtools for the post (total 4):
talaate, kvak, Ricstar_8, doolfrews