Re: Various Indicators - (MT5)

71
4xdev0 wrote: Sat Dec 19, 2020 6:52 am Each trader will be helped by the indicator of trading sessions. Most reversals in my experience occur precisely at moments of high volatility for triggered orders at the opening of trading floors in Europe and America. Therefore, it will not be superfluous for intraday traders to monitor the moments of opening and closing exchanges.
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Looks great can I use it pls? Thanks


Re: Various Indicators - (MT5)

72
These two Schaff Trends in MT5 run very smoothly and steadily, and seem to be better than the Schaff Trend version in MT4.

Expect to add Level to mrtools when it has free time. If you add an alert, of course it's better.

enum enLvlType
{
lvl_flo, // Floating levels
lvl_qua, // Quantile levels
lvl_fix // Fixed levels
}; :thumbup:

Re: Various Indicators - (MT5)

74
mrtools wrote: Sat Oct 09, 2021 6:39 am Try.
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Hello, Mr. mrtools!

Sentiment zone oscillator is a very valuable indicator. :thumbup:

Looking forward to upgrading, adding a complete set of average methods and prices.

(For example, the calculation method of the emotional zone, some strange averaging methods, such as the Aarens moving average, are much more efficient than the four basic averaging methods such as SMA, EMA, SMMA, and LWMA. Upgrade is necessary)

(The upgrade request for Sentiment zone oscillator mtf 3.5 1090 fix BT.mq4 is posted on another topic: viewtopic.php?t=8473841&p=1295449076#p1295449076)


Re: Various Indicators - (MT5)

76
XystopFX wrote: Sat Oct 30, 2021 7:05 pm Compliments
This is a passionate plea to Mr. Tools and all that handle coding.
Attached is a Precision Trend histogram made by Malden. At your own time sir, I plead you help us add alerts to this wonderful indicator.
I really believe in its capabilities.
I will always be indebted to the sacrifices all you coders put out here.
One love.
Added alerts.
These users thanked the author mrtools for the post (total 2):
pipsquirrel, XystopFX

Re: Various Indicators - (MT5)

77
TVB (True Value of Bar) gives an idea of how healthy the market is. Rex Oscillator is the moving average of the TVB values.

The oscillator Rex line becoming positive on the bearish market indicates the up-reversal.

Similarly, the negative value of the line on the bullish market indicates its down-reversal.

Moreover, the oscillator Rex and Signal lines can be used as warning signal.

The indicator has four configured parameters:

Rex period - oscillator line calculation period;
Rex method - oscillator line calculation method;
Signal period - signal line calculation period;
Signal method - signal line calculations method.

Code: Select all

Calculations:

Rex = MA(TVB, Rex period, Rex method)
Signal = MA(Rex, Signal period, Signal method)
where:

TVB = 3*Close - (Low + Open + High)
This is Mladen's extended version.
These users thanked the author mrtools for the post (total 3):
Narutopips, 太虚一毫, pipsquirrel

Re: Various Indicators - (MT5)

78
mrtools wrote: Mon Nov 08, 2021 5:34 am TVB (True Value of Bar) gives an idea of how healthy the market is. Rex Oscillator is the moving average of the TVB values.

The oscillator Rex line becoming positive on the bearish market indicates the up-reversal.

Similarly, the negative value of the line on the bullish market indicates its down-reversal.

Moreover, the oscillator Rex and Signal lines can be used as warning signal.

The indicator has four configured parameters:

Rex period - oscillator line calculation period;
Rex method - oscillator line calculation method;
Signal period - signal line calculation period;
Signal method - signal line calculations method.

Code: Select all

Calculations:

Rex = MA(TVB, Rex period, Rex method)
Signal = MA(Rex, Signal period, Signal method)
where:

TVB = 3*Close - (Low + Open + High)
This is Mladen's extended version.
Image

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This is the XO version of Master Mladen Rakic. Expect the teacher to add MTF to it. Boundless merit! :thumbup:
These users thanked the author 太虚一毫 for the post (total 3):
newbie4ever, pipsquirrel, demi

Re: Various Indicators - (MT5)

80
mrtools wrote: Mon Nov 08, 2021 5:34 am TVB (True Value of Bar) gives an idea of how healthy the market is. Rex Oscillator is the moving average of the TVB values.

The oscillator Rex line becoming positive on the bearish market indicates the up-reversal.

Similarly, the negative value of the line on the bullish market indicates its down-reversal.

Moreover, the oscillator Rex and Signal lines can be used as warning signal.

The indicator has four configured parameters:

Rex period - oscillator line calculation period;
Rex method - oscillator line calculation method;
Signal period - signal line calculation period;
Signal method - signal line calculations method.

Code: Select all

Calculations:

Rex = MA(TVB, Rex period, Rex method)
Signal = MA(Rex, Signal period, Signal method)
where:

Please Mrtools a MTF will be great for this Rex indicator. 


TVB = 3*Close - (Low + Open + High)
This is Mladen's extended version.
Image

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