Re: MT4 Indicator requests and ideas

7092
BambinoFlex wrote: Thu Oct 10, 2019 2:08 am Just read that only ex4 files allowed. My mistake, didn’t read the rules.

Regarding my previous post, anyone knows if there’s a ATRP moving average? It’s based on ATR Percent and if it has a percent multiplier even better.

I have searched all over and can’t find anything regarding ATR percent.

Much appreciated.
Have you searched for ATR Channel ?
These users thanked the author rogerha for the post:
Jimmy

Re: MT4 Indicator requests and ideas

7093
string percent_method = input(
defval="MANUAL",
title=percent_method_description,
options=[
"MANUAL",
"ATR005 * X", "ATR010 * X", "ATR020 * X", "ATR050 * X", "ATR100 * X", "ATR250 * X"
]
)

var float percent = input(defval=0.25, title=percent_description, minval=0.0, maxval=99.0) / 100
float percent_multiplier = input(defval=1.0, title=percent_multiplier_description)
if percent_method == "ATR005 * X"
percent := atr(005) / open * percent_multiplier
if percent_method == "ATR010 * X"
percent := atr(010) / open * percent_multiplier
if percent_method == "ATR020 * X"
percent := atr(020) / open * percent_multiplier
if percent_method == "ATR050 * X"
percent := atr(050) / open * percent_multiplier
if percent_method == "ATR100 * X"
percent := atr(100) / open * percent_multiplier
if percent_method == "ATR250 * X"
percent := atr(250) / open * percent_multiplier
These users thanked the author pacois for the post:
moey_dw

Re: MT4 Indicator requests and ideas

7094
rogerha wrote: Thu Oct 10, 2019 5:37 am

Have you searched for ATR Channel ?
Yup, I've searched all over the place. ATR channel isn't what I'm looking for. I could be wrong but when I put it on the chart I don't get the same results. Not sure if it has to do with a Percent part of the ATR. In essence, the original coder uses that line as a Pivot Line. Meaning that if price moves x% then most likely a reversal is happening. It could be done with the regular ATR I'm assuming but the original coder uses percentage amounts based on the ATR. ATR percentile rank. Something like that.

Re: MT4 Indicator requests and ideas

7095
pacois wrote: Thu Oct 10, 2019 6:36 am string percent_method = input(
defval="MANUAL",
title=percent_method_description,
options=[
"MANUAL",
"ATR005 * X", "ATR010 * X", "ATR020 * X", "ATR050 * X", "ATR100 * X", "ATR250 * X"
]
)

var float percent = input(defval=0.25, title=percent_description, minval=0.0, maxval=99.0) / 100
float percent_multiplier = input(defval=1.0, title=percent_multiplier_description)
if percent_method == "ATR005 * X"
percent := atr(005) / open * percent_multiplier
if percent_method == "ATR010 * X"
percent := atr(010) / open * percent_multiplier
if percent_method == "ATR020 * X"
percent := atr(020) / open * percent_multiplier
if percent_method == "ATR050 * X"
percent := atr(050) / open * percent_multiplier
if percent_method == "ATR100 * X"
percent := atr(100) / open * percent_multiplier
if percent_method == "ATR250 * X"
percent := atr(250) / open * percent_multiplier

So it in essence a an ATR multiplier line? Simply take the ATR period and divide it by the open then multiple that sum by my 1.5 multiplier?




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