NO LINKS, SOURCE CODE REQUESTS OR MODIFICATION OF DECOMPILED INDICATORS. To avoid post deletion please follow the rules.

Re: MT4 Indicator requests and ideas

#12301
traderokey wrote:
Thu Feb 25, 2021 8:02 am
mrtools wrote:
Thu Feb 25, 2021 7:32 am


Try here MHL averages
Hi Mrtools,

I downloaded the "MHL average oscillator(mtf + alerts)" indicator from the link you sent and tested it out. There is something not quite right with that version. It doesn't give identical results when same input setting is used as the "MHL average oscillator 1.1" indicator. See screenshot below. Also changing the averages method or the calculation/average periods doesn't change the indicator so much.

Could you please rather use this attached "MHL average oscillator 1.1" version and add all averages and all price options to it instead? Thanks for your help.


MHL average oscillator 1.1.mq4




MHL Averages screenshot.PNG
Try again here Mhl Averages


Re: MT4 Indicator requests and ideas

#12302
mrtools wrote:
Thu Feb 25, 2021 10:05 am
traderokey wrote:
Thu Feb 25, 2021 8:02 am


Hi Mrtools,

I downloaded the "MHL average oscillator(mtf + alerts)" indicator from the link you sent and tested it out. There is something not quite right with that version. It doesn't give identical results when same input setting is used as the "MHL average oscillator 1.1" indicator. See screenshot below. Also changing the averages method or the calculation/average periods doesn't change the indicator so much.

Could you please rather use this attached "MHL average oscillator 1.1" version and add all averages and all price options to it instead? Thanks for your help.


MHL average oscillator 1.1.mq4




MHL Averages screenshot.PNG
Try again here Mhl Averages

Thank you so much. It works okay now.

Re: MT4 Indicator requests and ideas

#12305
losajoca wrote:
Thu Feb 25, 2021 11:11 pm
@mrtools,
When you have the time could you please take a look at the atached indicator.
It doesn't work, so probably needs an update to actual mt4.
Thanks in advance.
It needs custom indicators "StepMA_v7a" and "StepRSI_v5.2" for it to work.


Re: MT4 Indicator requests and ideas

#12306
mrtools wrote:
Fri Feb 26, 2021 5:37 am
losajoca wrote:
Thu Feb 25, 2021 11:11 pm
@mrtools,
When you have the time could you please take a look at the atached indicator.
It doesn't work, so probably needs an update to actual mt4.
Thanks in advance.
It needs custom indicators "StepMA_v7a" and "StepRSI_v5.2" for it to work.
Thanks, only knew about "wilders_dmi_book_nmc". Gonna try it.

Re: MT4 Indicator requests and ideas

#12307
Chintzki wrote:
Wed Feb 17, 2021 6:34 pm
Mr.Tools,

Would it be possible to add the option for a 3rd MA to "Average crosses arrows or lines (mtf +alerts + button).ex4" so that all 3 must agree for a signal?

I know this is only an *.ex4 but I assume this indicator is yours and I am hoping that you still have the *.mq4.

Thanks in advance.
Reposting for visibility just in case it was missed.

Re: MT4 Indicator requests and ideas

#12309
Dear Mrtools


I have a request , is it possible for you to make one mt4 indicator as per below information:

Thanks a lot
rider2027

===============================================================================
Force Index(1) = {Close (current period) – Close (prior period)} x Volume =gain +/- I call it FI out value
FI (20) = 20 - period EMA of Force Index(1)
--------------------------------
Twin Evil indicator=first line blue color
100− [ 1+ −((Previous Average Loss FI ×20) + Current Loss)
(Previous Average Gain FI ×20) + Current Gain /100 ] = output value (0-100)
Second line Red color on previous output data
100− [ 1+ −((Previous Average Loss ×20) + Current Loss)
(Previous Average Gain FI ×20) + Current Gain /100 ] = output value (0-100)

Adding standard deviation calculation
BOLU=MA(TP,n)+m∗σ[TP,n]
BOLD=MA(TP,n)−m∗σ[TP,n]
where:
BOLU=Upper Bollinger Band
BOLD=Lower Bollinger Band
MA=Moving average
TP (typical price)=(High+Low+Close)÷3
n=Number of period (here put 21 then repeat the process with 40 ) in smoothing period (typically 20)
m=Number of standard deviations (typically 1.5)
σ[TP,n]=Standard Deviation over last n periods of TP


==============================================================================


  1. Similar Topics

    1. Trade ideas on June 19

      1 Replies 2763 Views

      by ChuChu Rocket, Fri Jun 19, 2020 9:30 pm in Forex Fundamentals & News

      1 Replies
      2763 Views
    2. MT4 Expert advisors of the community, ideas

      3 Replies 2012 Views

      by VIDALOCA3, Thu Aug 20, 2020 2:51 am in New Members & Common Forex Q&A's

      3 Replies
      2012 Views

Return to “MT4 Indicators”