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Re: Various (Specialist) indicators for MT4

Posted: Fri May 07, 2021 6:39 am
by traderokey
mrtools wrote: Fri May 07, 2021 4:56 am Added the average and price options along with the histogram border.
Perfect!! Thanks Mrtools

Re: Various (Specialist) indicators for MT4

Posted: Fri May 07, 2021 5:45 pm
by ionone
mrtools wrote: Fri May 07, 2021 4:56 am Added the average and price options along with the histogram border.
repaints.

Re: Various (Specialist) indicators for MT4

Posted: Fri May 07, 2021 6:42 pm
by mladen
ionone wrote: Fri May 07, 2021 5:45 pm repaints.
As of how it works (including what recalculates, how and when), it have been explained a long, long time ago - check here : https://www.mql5.com/en/forum/179807/page29
Not going to repeat all told there, but the oscillator itself does not repaint. The extremes (as it is natural) are recalculated - but please read the original posts

Re: Various (Specialist) indicators for MT4

Posted: Fri May 07, 2021 8:52 pm
by ionone
mladen wrote: Fri May 07, 2021 6:42 pm As of how it works (including what recalculates, how and when), it have been explained a long, long time ago - check here : https://www.mql5.com/en/forum/179807/page29
Not going to repeat all told there, but the oscillator itself does not repaint. The extremes (as it is natural) are recalculated - but please read the original posts
yeah but what is the use of the repainting signals ? divergences ?

Re: Various (Specialist) indicators for MT4

Posted: Fri May 07, 2021 11:13 pm
by mladen
ionone wrote: Fri May 07, 2021 8:52 pm yeah but what is the use of the repainting signals ? divergences ?

I am guessing that you are referring to zigzag and "yellow" bars identifying the position of zigzag extremes on the oscillator itself

A question : who ever told that those are "signals"? I explicitly always called them "extremes" - or am I wrong?
Why would anything that has different color always be used as a "signal" ?

Please read those posts there : those were intended to identify Elliot "waves" and those were never intended to be used as "signals".

Re: Various (Specialist) indicators for MT4

Posted: Sun May 09, 2021 12:00 pm
by mrtools
traderokey wrote: Sat May 08, 2021 5:58 am Hi Mrtools,
Could you please add all the average methods to this Glitch indicator?
Thanks for your help.
glitch index.mq4
Added all the averages.

PS: For the PDF article on the Glitch Index, please see here: Glitch Index Article PDF.

Re: Various (Specialist) indicators for MT4

Posted: Sun May 09, 2021 4:08 pm
by RplusT
I'm confused mrtools......shouldn't the Indi be inverted. I see on my chart that when price moves down the Indi moves up (green) and vice versa.

Re: Various (Specialist) indicators for MT4

Posted: Sun May 09, 2021 8:06 pm
by traderokey
RplusT wrote: Sun May 09, 2021 4:08 pm I'm confused mrtools......shouldn't the Indi be inverted. I see on my chart that when price moves down the Indi moves up (green) and vice versa.
The indicator displays correctly for currencies but is inverted for indices and some commodities. The inversion can be cool when combined with other indicators in the same sub-window.

Re: Various (Specialist) indicators for MT4

Posted: Sun May 09, 2021 8:12 pm
by traderokey
mrtools wrote: Sun May 09, 2021 12:00 pm Added all the averages.
This is perfect! Thanks Mrtools.

Re: Various (Specialist) indicators for MT4

Posted: Sun May 09, 2021 8:49 pm
by RplusT
traderokey wrote: Sun May 09, 2021 8:06 pm The indicator displays correctly for currencies but is inverted for indices and some commodities. The inversion can be cool when combined with other indicators in the same sub-window.
ok, thank you! I understand. Maybe one can add an "invert" function. Have you got an example how such combination would look like to see the benefit? I don't trade currencies.