Re: Various (Specialist) indicators for MT4

614
RodrigoRT7 wrote: Mon Jan 03, 2022 3:59 pm Hi everyone, everything fine? is there the possibility of including all averages in this indicator? I follow the NNFX channel and noticed that it places this indicator in the Top 100 (possibly top 50).

Thank you very much, in advance.Didi_index_mtf+alerts+lines nmc.mq4
Added all the prices and averages, also made it more user friendly.
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Re: Various (Specialist) indicators for MT4

618
kvak wrote: Tue Jan 04, 2022 11:32 am Little mod of DIDI index.
Addet 3 type of coloring.
Curta slope, curta cross media and curta cross longa.
And update it with AHTF.
Image
Kvak nice I like it although when I put it on a chart and the only average that will display is the EMA ?
Would be nice to have it combined with MrTools averages version
Look I will leave it in your capable hands Kvak

Re: Various (Specialist) indicators for MT4

619
Woodyz wrote: Tue Jan 04, 2022 1:22 pm Kvak nice I like it although when I put it on a chart and the only average that will display is the EMA ?
Would be nice to have it combined with MrTools averages version
Look I will leave it in your capable hands Kvak
Corrected version with full price option and 8 average method....
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Re: Various (Specialist) indicators for MT4

620
kvak wrote: Tue Jan 04, 2022 7:48 pm Corrected version with full price option and 8 average method....
I already wrote this to MrTools (about a similar indicator), so don't be angry if I repeat myself here.
It is because I like this indicator but I don't think the signals are very good:
This is meant as a suggestion (and not at all any kind of criticism):
If one takes into account how this indicator works (2 lines crossing and recrossing, tendentially going in opposite directions), a signal whenever the lines cross is
a) almost always too late (because half the move may already be over when lines cross)
b) the bigger the last move, the longer the distance to the next possible cross
The same problem arises if you take zero-cross for signals.
Logically speaking (ideally?) the best point for such an indicator to give a signal is when it has reached extremes (with both lines) and moves away from these extremes.
So one could either think about
a) Stoch-style-level-signals or
b) slope-change-signals (but these would only work with considerable smoothing of the lines).
I think if it could be done in such a way the indicator signals might turn out to be extremely good.
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