Re: MT4 Indicator requests and ideas

1691
uvoo7 wrote: Mon Jul 10, 2017 6:56 am Please 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?
Uvoo7, would say it's probably possible, but the problem is the "profit indicator" looks like it is a repainting and decompiled solar wind type indicator. So for one it being a repainting indicator your signals won't be reliable, secondly getting someone to do the work with it being decompiled might be hard to find.


Re: MT4 Indicator requests and ideas

1693
mrtools wrote: Mon Jul 10, 2017 7:55 am Uvoo7, would say it's probably possible, but the problem is the "profit indicator" looks like it is a repainting and decompiled solar wind type indicator. So for one it being a repainting indicator your signals won't be reliable, secondly getting someone to do the work with it being decompiled might be hard to find.
And the "RSI Boxes" indicator in the zip folder is a renamed clone copy of MLADEN's "Rsi heatmap 1_1" indicator - that "Vikas Chhabra" from "Vikas.com" pretending as his smartness coding skills :)
may be many of others can be found on his store same way
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.

Re: MT4 Indicator requests and ideas

1695
uvoo7 wrote: Mon Jul 10, 2017 11:04 am @mntiwana
I have no idea about that. Got this indicator a few days back from a friend. Liked the concept.
The main thing is whether it can be done ?
Point of balance is some way in that style closer to it but experts can better guide you
Attachments
Indicator is just a tool.

Use it only if it can benefit you. Leave it if you don't know how to use it optimally.


Re: MT4 Indicator requests and ideas

1696
sal wrote: Sun Jul 09, 2017 8:10 pm mrtools,
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. :)
mrtools/mladen
please your suggestion on this requested that cannot be done in this indicator.??. if so i dont want to follow up again. :)
"There is NO GOD higher than TRUTH" - Mahatma Gandhi

Re: MT4 Indicator requests and ideas

1698
experts,
Any idea about this indicator?. Do have similiar like this!!. please share.
here i have code , but not sure it is in MT4..

//parameters :
//ExtDepth = 5
//Overbought = 8
//SlightlyOverbought = 6
//Oversold = -8
//SlightlyOversold = -6

if barindex>ExtDepth then
sumHigh = summation[ExtDepth](high)
sumLow = summation[ExtDepth](low)

floatingaxis = 0.1 * (sumHigh+sumLow)
volatilityunit = 0.04 * (sumHigh-sumLow)

vcOpen = ((open-floatingaxis) / volatilityunit)
vcClose =((close-floatingaxis) / volatilityunit)
vcHigh = ((high-floatingaxis) / volatilityunit)
vcLow = ((low-floatingaxis) / volatilityunit)

if vcClose>vcOpen then
DRAWCANDLE(vcOpen,vcHigh,vcLow,vcClose)coloured(10,240,10) bordercolor(0,200,0)
else
DRAWCANDLE(vcOpen,vcHigh,vcLow,vcClose)coloured(240,10,10) bordercolor(200,0,0)
endif

if vcLow<Oversold and vcClose>SlightlyOversold then
DRAWARROWUP(barindex,vcLow-0.5)coloured(10,255,10)
endif

if vcHigh>Overbought and vcClose<SlightlyOverbought then
DRAWARROWDOWN(barindex,vcHigh+0.5)coloured(255,10,10)
endif
endif

RETURN Overbought COLOURED(250,250,250) STYLE(DOTTEDLINE,1) as "overbought area", SlightlyOverbought COLOURED(250,250,250) STYLE(DOTTEDLINE,1) as "slightly overbought area", Oversold COLOURED(250,250,250) STYLE(DOTTEDLINE,1) as "oversold area", SlightlyOversold COLOURED(250,250,250) STYLE(DOTTEDLINE,1) as "slightly oversold area"
Attachments
"There is NO GOD higher than TRUTH" - Mahatma Gandhi

Re: MT4 Indicator requests and ideas

1699
sal wrote: Mon Jul 10, 2017 4:34 pm experts,
Any idea about this indicator?. Do have similiar like this!!. please share.
here i have code , but not sure it is in MT4..

//parameters :
//ExtDepth = 5
//Overbought = 8
//SlightlyOverbought = 6
//Oversold = -8
//SlightlyOversold = -6

if barindex>ExtDepth then
sumHigh = summation[ExtDepth](high)
sumLow = summation[ExtDepth](low)

floatingaxis = 0.1 * (sumHigh+sumLow)
volatilityunit = 0.04 * (sumHigh-sumLow)

vcOpen = ((open-floatingaxis) / volatilityunit)
vcClose =((close-floatingaxis) / volatilityunit)
vcHigh = ((high-floatingaxis) / volatilityunit)
vcLow = ((low-floatingaxis) / volatilityunit)

if vcClose>vcOpen then
DRAWCANDLE(vcOpen,vcHigh,vcLow,vcClose)coloured(10,240,10) bordercolor(0,200,0)
else
DRAWCANDLE(vcOpen,vcHigh,vcLow,vcClose)coloured(240,10,10) bordercolor(200,0,0)
endif

if vcLow<Oversold and vcClose>SlightlyOversold then
DRAWARROWUP(barindex,vcLow-0.5)coloured(10,255,10)
endif

if vcHigh>Overbought and vcClose<SlightlyOverbought then
DRAWARROWDOWN(barindex,vcHigh+0.5)coloured(255,10,10)
endif
endif

RETURN Overbought COLOURED(250,250,250) STYLE(DOTTEDLINE,1) as "overbought area", SlightlyOverbought COLOURED(250,250,250) STYLE(DOTTEDLINE,1) as "slightly overbought area", Oversold COLOURED(250,250,250) STYLE(DOTTEDLINE,1) as "oversold area", SlightlyOversold COLOURED(250,250,250) STYLE(DOTTEDLINE,1) as "slightly oversold area"
Looks like value chart
Try this


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