Re: Various (Specialist) indicators for MT4

1031
mrtools wrote: Thu Mar 30, 2023 7:05 am Wilson Relative Price Channel

This is a mt4 version of Mladen's modified version of Wilson's Relative price channel. More information here

The channel is based on the RSI and displays three zones:

  • Overbought Zone
  • Oversold Zone
  • Neautral Zone

The original version by Scriptor was suitable only for the Daily timeframe and above but after Mladen's modification it can now be used on intraday timeframes.
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"There is NO GOD higher than TRUTH" - Mahatma Gandhi


Re: Various (Specialist) indicators for MT4

1034
mrtools wrote: Fri Mar 31, 2023 1:21 pm Added alerts to go off depending on whichever color mode you are using, as far as the fill went over everything it seems ok except some problems in mtf mode which i have no idea why, but guessing it's object oriented probably isn't much can be done about it especially when using mtf.
This type of channel is interesting. (including MT5 CCI, OBV, REX) :thumbup:

Advice to give ! Rex AVGS filtered (MTF + alerts) adds BTN.

The merit is immeasurable!


IdeaRe: Various (Specialist) indicators for MT4

1037
kvak wrote: Tue Jan 04, 2022 7:48 pm Corrected version with full price option and 8 average method....
Hello Kvak, bré poledne:-)

I think this DIDI could be made even more descriptive.. The signals on Curta slope change are very nice, bud must be filtered in the trend direction. So I think that it would be useful to add a "filtering" option for the vertical line and generally signals. to be valid and drawn only when the Curta changes in red while below the Media or Longa .. (the difference here would be pretty negligible) and for long when Curta changes to green while above Longa or Media. Would that be possible?..
Please see my attached chart .. its on rangebars and looks nice:-)
These users thanked the author najv for the post (total 2):
kvak, ggblake

Re: Various (Specialist) indicators for MT4

1038
najv wrote: Thu Apr 20, 2023 8:18 pm Hello Kvak, bré poledne:-)

I think this DIDI could be made even more descriptive.. The signals on Curta slope change are very nice, bud must be filtered in the trend direction. So I think that it would be useful to add a "filtering" option for the vertical line and generally signals. to be valid and drawn only when the Curta changes in red while below the Media or Longa .. (the difference here would be pretty negligible) and for long when Curta changes to green while above Longa or Media. Would that be possible?..
Please see my attached chart .. its on rangebars and looks nice:-)
Image
Do you think this would also work on other symbols? Or only forn nasdaq?

Re: Various (Specialist) indicators for MT4

1039
najv wrote: Thu Apr 20, 2023 8:18 pm Hello Kvak, bré poledne:-)

I think this DIDI could be made even more descriptive.. The signals on Curta slope change are very nice, bud must be filtered in the trend direction. So I think that it would be useful to add a "filtering" option for the vertical line and generally signals. to be valid and drawn only when the Curta changes in red while below the Media or Longa .. (the difference here would be pretty negligible) and for long when Curta changes to green while above Longa or Media. Would that be possible?..
Please see my attached chart .. its on rangebars and looks nice:-)
Ahoj :)
Here is your mod, added 2 new logic, test it...
These users thanked the author kvak for the post (total 3):
Chickenspicy, 太虚一毫, najv

IndicatorRe: Various (Specialist) indicators for MT4

1040
mrtools wrote: Wed Jan 12, 2022 5:54 am Mtf added.
Dear MrTools,
could a signal / arrow option be added to this indicator - just on change of colour, appear during live candle and stay as usual.
At best, give the possibility to choose the arrow character, its size, position and colour.

Thank you!!!
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Ricstar_8


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