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Re: Trend Indicators for MT4

1391 by Chickenspicy
mrtools wrote: Wed Feb 15, 2023 8:49 am This is an updated version Mladen's version of David Sepiashvili's b1 Trend quality. Has all the averages and prices I have, with floating levels. Also, has the usual coloring options and mtf with alerts on whatever color option you choose.
The Pdfs are really nice touch!
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moey_dw, RodrigoRT7
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Re: Trend Indicators for MT4

1392 by Chickenspicy
There is a Cumulative Price Change % indicator on tradingview that has source code my phones not letting me copy anything though

That was mentioned in the Pdf, and there is also a uni trend balance system for mt4 out there which was also mentioned
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Infinite / Infinite = 1
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Re: Trend Indicators for MT4

1393 by TransparentTrader
chickensword wrote: Wed Feb 15, 2023 9:45 am There is a Cumulative Price Change % indicator on tradingview that has source code my phones not letting me copy anything though
That was mentioned in the Pdf, and also is uni trend balance system for mt4 out there whichc was also menthioned

This one?

https://www.tradingview.com/script/NXm3 ... ce-Change/

If so, source code is below:

Code: Select all

//@version=3
study("Cumulative Price Change %")

val = input(4, type = integer, minval=1, title="Cumulative % Period")
//val1 = input(4, type = integer, minval=1, title="% Change Period")

deltaT = 0
sum = 0.0
for i = 1 to val
    sum := sum + (100 * ((close[i] - open[i]) / open[i]))
    deltaT := deltaT + ((close[i] - open[i]) > 0 ? 1 : -1)

//plot(ema((100*(close - open) / open),val1), color=red)
//osc = (100 * ((close - open) / open))
hline(0, title="Zero")
plot(sum)

//plot(deltaT, color=lime)
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Re: Trend Indicators for MT4

1395 by moey_dw
mrtools wrote: Wed Feb 15, 2023 8:49 am Trend Quality indicator by Mladen (David Sepiashvili's version) with Averages & Price filters
Mrtoolz!! Thank u for the brilliant update + the PDF article on this competent nrp indicator I have not heard of this indicator before & it works good on even rangebound & intrady markets using default settings........ I really like this one

Thanking both Mladen Mrtoolz & the David guy!! Awesome work :clap: :clap: :clap:
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Chickenspicy, Jimmy
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Re: Trend Indicators for MT4

1396 by Wole
mrtools wrote: Wed Feb 15, 2023 8:49 am Trend Quality indicator by Mladen (David Sepiashvili's version) with Averages & Price filters


Image



Having trouble detecting trends, or estimating their
duration when you do spot one?

This is an updated version Mladen's version of David Sepiashvili's b1 Trend quality. Has all the averages and prices I have, with floating levels. Also, has the usual coloring options and mtf with alerts on whatever color option you choose.

This indicator was designed to really help analysts that struggled with finding trends.
Image
As good as this indicator, it would be more real to me on the chart.
If it is possible, kindly make the Chart version.
Beautiful. Enjoy.
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