Re: Adaptive Indicators for MT4
161what would be ideal settings for swing trading on the 4 hour and daily chart?
Hello all,
Hi Mrtools,
Does this look close?Frag8383 wrote: Mon Jun 10, 2019 2:59 am
Hi Mrtools,
I need to modify an indicator but I do not know how to do it, I have been advice to ask you in this forum.
What I need is a modification of the attached indicator, the formula used is a modification of OBV is like an enhancement. But I have found that the best formula for cumulative volume indicators is:
1. Money Flow Multiplier = [(Close - Low) - (High - Close)] /(High - Low)
2. Money Flow Volume = Money Flow Multiplier x Volume for the Period
3. ADL = Previous ADL + Current Period's Money Flow Volume
Basically the Accumulation Distribution Line or A/D Line.
Could you please change the current formula of the indicator for the A/D one please?
Thanks
Kind regards
That is the indicator, could you please change introduce that formula in the indicator that I attached, basically swap formulas, I have tried myself without succes
Swapped formulas.Frag8383 wrote: Mon Jun 10, 2019 6:42 pm
That is the indicator, could you please change introduce that formula in the indicator that I attached, basically swap formulas, I have tried myself without succes
Kind regards
EDIT Found a different version that serves me well!mrtools wrote: Wed Dec 05, 2018 9:18 am
Think I found what was causing the repainting issue, watched it last night couldn't make it repaint, but please test it and let me know.
Hi Mrtools,