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Re: MT4 Volatility Alert with pips display (Scalpers Buddy)

#22
heispark wrote:
Tue Mar 13, 2018 8:32 pm
Thank you Jimmy for this useful indicator. I like it! :thumbup:
I attached several sonar sound files which I use for this alert.... :)
sonar.zip
Awesome work brother! I'm playing around with them now. I like the "ping" one :D
Myfxbook live trading results (new 2019 account coming soon)
Need custom MT4 coding? Send a PM to Mrtools or post here for a quote!

Re: MT4 Volatility Alert with pips display (Scalpers Buddy)

#25
nathanvbasko wrote:
Sat May 05, 2018 1:53 am
nathanvbasko wrote:
Thu May 03, 2018 11:20 pm
this one something similar but with volume bar on chart. combined with mladen works. The same works he made on TDI, combining mladen & mrtools works.
found at FF made by v2vboni

Much more updated from FF a few minutes ago. I like the sound file on this one.
VolumesOnMainChart.zip
updated from v2v @FF
fxv.JPG
VolumesOnMainChart.zip
(697.79 KiB) Downloaded 130 times


Re: MT4 Volatility Alert with pips display (Scalpers Buddy)

#26
nathanvbasko wrote:
Tue May 08, 2018 10:52 pm
nathanvbasko wrote:
Sat May 05, 2018 1:53 am



Much more updated from FF a few minutes ago. I like the sound file on this one.
VolumesOnMainChart.zip
updated from v2v @FF
fxv.JPG
VolumesOnMainChart.zip
Cheers mate, thanks for sharing.
Myfxbook live trading results (new 2019 account coming soon)
Need custom MT4 coding? Send a PM to Mrtools or post here for a quote!

Re: MT4 Volatility Alert with pips display (Scalpers Buddy)

#29
Jimmy wrote:
Fri May 12, 2017 5:09 pm
Hi traders,

Back in 2015, Keith Watson (Gumrai) helped me to re-design a simple indicator similar to Paul Haye's "Scalpers Buddy".
Basically it's an indicator that sounds a chime and highlights in red (or a colour of your choice) when the current candle has moved a certain amount of pips and signals us of volatile moves.

Indicator features:
  • Sound alerts
  • Visual alerts (text colour change)
  • Draggable on chart - can be placed anywhere
  • Customizable font and font size
  • Multi-timeframe (but for accurate and constant volatility alerts leave the setting on M1)

Even though this indicator was designed to alert you on when to scalp during a trend trade, I use it for simple counter-trend trading simply by:
1. Waiting for the alarm to chime
2. Checking on the M15 which chart is moving
3. Jumping in and scalping the opposite direction once the candle moves close to an important structure like Daily Pivots, 200MA's, whole round numbers (sweet spots), and support and resistance.

Here's an example of a live trade taken by using the Volatility Alarm:

1.jpg
2.jpg


When I want to be alerted of volatile moves I leave it on the default 5.0 pips when trading the volatile currencies (GBPJPY, GBPAUD, EURNZD, EURCAD, GBPCAD, GBPNZD and EURAUD).
All other major pairs I set it on 4.0 pips.

Try it out, I'm sure many of you will find it useful to help alert you of volatility.

PS: I've also included the sound chime I use which is a low frequency "dong" sound. Just drop this file into your "Sounds" folder in the MT4 directory and load the Volatility Alarm Settings file included.

7th March 2018
  • Fixed issue with resetting "Chart on foreground" and renaming issue with indicator not appearing in list
Volatility1.1.jpg
Volatility Alarm.zip
Hi. Please share the channel indicator in the picture, which is similar to Bollinger and envelope

Re: MT4 Volatility Alert with pips display (Scalpers Buddy)

#30
Jimmy wrote:
Fri May 12, 2017 5:09 pm

Hi traders,

...When I want to be alerted of volatile moves I leave it on the default 5.0 pips when trading the volatile currencies (GBPJPY, GBPAUD, EURNZD, EURCAD, GBPCAD, GBPNZD and EURAUD).
All other major pairs I set it on 4.0 pips.....
I tried these settings last Friday, and it works well for me


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