A request regarding currency strength slope;
How does this indicator work and how strength is measured
Are there any other indicator which show strength like this
Is there an MTF version of this
Thanks
Re: MT4 Indicator requests and ideas
1682thanks but unfortunately, poposed indicator will not helps .. see snap..mrtools wrote: Sun Jul 09, 2017 2:07 am You can get a step stochastic (basically the same as wpr) from here::: https://www.forex-station.com/viewtopic ... 1295355825
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
Re: MT4 Indicator requests and ideas
1683Hi, there is a similar system. Thank youmrtools wrote: Sat Jul 08, 2017 11:40 pm Yes it's possible to use different time frames in one chart. Again if you use m15 indicator on an m5 chart, even though the m5 indicator has decided a direction the m15 indicator has not decided until 3 bars later(3 x's 5 min bars), so it isn't repainting it's simply the m15 bar is not finished. Using m5 time frame indicator on m15 chart it doesn't work correctly. All this has been explained many times.
Re: MT4 Indicator requests and ideas
1684hi , this chart not requested. i do need only the indicator may add filter to get steps nicely..
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
Re: MT4 Indicator requests and ideas
1685mrtools,sal wrote: Sun Jul 09, 2017 4:52 am thanks but unfortunately, poposed indicator will not helps .. see snap..
I hope my given snap will helps you to understand my request.!! kindly cosider and develop a best method to get the step in nicely.
"There is NO GOD higher than TRUTH" - Mahatma Gandhi
Re: MT4 Indicator requests and ideas
1686Dear mladen can it possible in the MT4 this is meta stock formula
i just want to check % B with heiken ashi ....
Using a heikin ashi re-calculated closing price, a TEMA average and the zero-lagging technique, we can create this indicator with more clear turning points.
please see into it dear mladen , if already it was there plz let me know
thanks and regards
{Sylvain Vervoort SVE_BB%b}
period:=Input("%b period: ",1,100,18);
TeAv:=Input("Tema average: ",1,30,8);
afwh:= Input("Standard deviation high ",.1,5,1.6);
afwl:= Input("Standard deviation Low ",.1,5,1.6);
afwper:= Input("Standard deviation period ",1,200,63);
haOpen:=(Ref((O+H+L+C)/4,-1) + PREV)/2;
haC:=((O+H+L+C)/4+haOpen+Max(H,haOpen)+Min(L,haOpen))/4;
TMA1:= Tema(haC,TeAv);
TMA2:= Tema(TMA1,TeAv);
Diff:= TMA1 - TMA2;
ZlHA:= TMA1 + Diff;
percb:=(Tema(ZLHA,TeAv)+2*Stdev(Tema(ZLHA,TeAv),period)- Mov(Tema(ZLHA,TeAv),period,WEIGHTED))/(4*Stdev(Tema(ZLHA,TeAv),period))*100;
percb;
50+afwh*Stdev(percb,afwper);
50-afwl*Stdev(percb,afwper);
50
i just want to check % B with heiken ashi ....
Using a heikin ashi re-calculated closing price, a TEMA average and the zero-lagging technique, we can create this indicator with more clear turning points.
please see into it dear mladen , if already it was there plz let me know
thanks and regards
{Sylvain Vervoort SVE_BB%b}
period:=Input("%b period: ",1,100,18);
TeAv:=Input("Tema average: ",1,30,8);
afwh:= Input("Standard deviation high ",.1,5,1.6);
afwl:= Input("Standard deviation Low ",.1,5,1.6);
afwper:= Input("Standard deviation period ",1,200,63);
haOpen:=(Ref((O+H+L+C)/4,-1) + PREV)/2;
haC:=((O+H+L+C)/4+haOpen+Max(H,haOpen)+Min(L,haOpen))/4;
TMA1:= Tema(haC,TeAv);
TMA2:= Tema(TMA1,TeAv);
Diff:= TMA1 - TMA2;
ZlHA:= TMA1 + Diff;
percb:=(Tema(ZLHA,TeAv)+2*Stdev(Tema(ZLHA,TeAv),period)- Mov(Tema(ZLHA,TeAv),period,WEIGHTED))/(4*Stdev(Tema(ZLHA,TeAv),period))*100;
percb;
50+afwh*Stdev(percb,afwper);
50-afwl*Stdev(percb,afwper);
50
Re: MT4 Indicator requests and ideas
1687Shiva12, check here viewtopic.php?p=1295350301#p1295350301shiva12 wrote: Sun Jul 09, 2017 8:27 pm Dear mladen can it possible in the MT4 this is meta stock formula
i just want to check % B with heiken ashi ....
Using a heikin ashi re-calculated closing price, a TEMA average and the zero-lagging technique, we can create this indicator with more clear turning points.
please see into it dear mladen , if already it was there plz let me know
thanks and regards
{Sylvain Vervoort SVE_BB%b}
period:=Input("%b period: ",1,100,18);
TeAv:=Input("Tema average: ",1,30,8);
afwh:= Input("Standard deviation high ",.1,5,1.6);
afwl:= Input("Standard deviation Low ",.1,5,1.6);
afwper:= Input("Standard deviation period ",1,200,63);
haOpen:=(Ref((O+H+L+C)/4,-1) + PREV)/2;
haC:=((O+H+L+C)/4+haOpen+Max(H,haOpen)+Min(L,haOpen))/4;
TMA1:= Tema(haC,TeAv);
TMA2:= Tema(TMA1,TeAv);
Diff:= TMA1 - TMA2;
ZlHA:= TMA1 + Diff;
percb:=(Tema(ZLHA,TeAv)+2*Stdev(Tema(ZLHA,TeAv),period)- Mov(Tema(ZLHA,TeAv),period,WEIGHTED))/(4*Stdev(Tema(ZLHA,TeAv),period))*100;
percb;
50+afwh*Stdev(percb,afwper);
50-afwl*Stdev(percb,afwper);
50
Re: MT4 Indicator requests and ideas
1690Please open attached file 'archive.zip':
In image P1, indicator gives buy signal if the a) green line is more than 0 (+ve) as per arrow A.
b) red line is equal to 0 as per Arrow A.
c) Value of 'Profit Indicator' is more than 0 (+ve) and value of 'Value 2' is equal to 0 as per Arrow B and C.
Similarly,
In image P2, indicator gives sell signal if the a) green line is equal to 0 as per arrow A.
b) red line is less than 0 (-ve) as per Arrow A.
c) Value of 'Profit Indicator' is equal to 0 and value of 'Value 2' is less than 0 (-ve) as per Arrow B and C.
This is the function of "Profit indicator."(Indicator A)
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Now in the image P3, (Indicator B)
Boxes in front of the respective scrip is green when the signal is 'buy'.
And the signal is red when the signal is 'sell'.
And the signal is 'grey' if undecided.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Requirement:
I want the values of Indicator A to be displayed in the form of Indicator B scrip wise and timeframe wise with following conditions:
1. If the value of 'Profit Indicator' of Indicator A is more than 0.2, the box for that particular scrip and for that particular timeframe should be displayed as 'green';
2. If the value of 'Value 2' of Indicator A is less than 0.2, the box for that particular scrip and for that particular timeframe should be displayed as 'red';
3.If the value of 'Profit Indicator' of Indicator A is between 0 and 0.2, the box should be displayed as yellow & if the value of 'Value 2' of Indicator A is between 0 and -0.2 the box should be displayed as 'blue', for that particular scrip and for that particular timeframe;
4. The number of scrips to be displayed is 50 and for each scrip and each timeframe, the input variables like 'period' and 'price' should be able to be modified as per requirement.
Note:
The value of 'Índicator B' in itself is of no use.
Is it possible to do so?
In image P1, indicator gives buy signal if the a) green line is more than 0 (+ve) as per arrow A.
b) red line is equal to 0 as per Arrow A.
c) Value of 'Profit Indicator' is more than 0 (+ve) and value of 'Value 2' is equal to 0 as per Arrow B and C.
Similarly,
In image P2, indicator gives sell signal if the a) green line is equal to 0 as per arrow A.
b) red line is less than 0 (-ve) as per Arrow A.
c) Value of 'Profit Indicator' is equal to 0 and value of 'Value 2' is less than 0 (-ve) as per Arrow B and C.
This is the function of "Profit indicator."(Indicator A)
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Now in the image P3, (Indicator B)
Boxes in front of the respective scrip is green when the signal is 'buy'.
And the signal is red when the signal is 'sell'.
And the signal is 'grey' if undecided.
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Requirement:
I want the values of Indicator A to be displayed in the form of Indicator B scrip wise and timeframe wise with following conditions:
1. If the value of 'Profit Indicator' of Indicator A is more than 0.2, the box for that particular scrip and for that particular timeframe should be displayed as 'green';
2. If the value of 'Value 2' of Indicator A is less than 0.2, the box for that particular scrip and for that particular timeframe should be displayed as 'red';
3.If the value of 'Profit Indicator' of Indicator A is between 0 and 0.2, the box should be displayed as yellow & if the value of 'Value 2' of Indicator A is between 0 and -0.2 the box should be displayed as 'blue', for that particular scrip and for that particular timeframe;
4. The number of scrips to be displayed is 50 and for each scrip and each timeframe, the input variables like 'period' and 'price' should be able to be modified as per requirement.
Note:
The value of 'Índicator B' in itself is of no use.
Is it possible to do so?
Attachments