Re: Various (Specialist) indicators for MT4

941
kvak wrote: Mon Dec 26, 2022 10:59 am Thanks to Mrtools shared this source and before he finishes his version, you can test this one...
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kvak, many thanks for taking this on! I hope you are enjoying your Christmas day and I hope you have a happy rest of your holidays.

I do have two questions in mind regarding what you've just posted:

1) If I am looking at the menu correctly, I am assuming the "price pack" mrtools talked about in his future intention to update the indicator is NOT in this version you just uploaded?

2) What is the on-chart indicator you just uploaded in the image showing off the "buy sell pressure (eAverages)" indicator?
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Chickenspicy


Re: Various (Specialist) indicators for MT4

942
TransparentTrader wrote: Mon Dec 26, 2022 11:27 am kvak, many thanks for taking this on! I hope you are enjoying your Christmas day and I hope you have a happy rest of your holidays.

I do have two questions in mind regarding what you've just posted:

1) If I am looking at the menu correctly, I am assuming the "price pack" mrtools talked about in his future intention to update the indicator is NOT in this version you just uploaded?

2) What is the on-chart indicator you just uploaded in the image showing off the "buy sell pressure (eAverages)" indicator?
Hello.
1) Not, this indicator have not menu for prices.
2) It is my ribbon ribbon
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TransparentTrader

Re: Various (Specialist) indicators for MT4

943
kvak wrote: Mon Dec 26, 2022 11:43 am Hello.
1) Not, this indicator have not menu for prices.
2) It is my ribbon ribbon

Thank you for the quick response! No worries about the price pack not being in the indicator, it's not the most important thing and I can always request it at a later time.

As for the ribbon indicator in the picture, did you use any custom settings? Or is it the default ones that come loaded with the indicator?

Re: Various (Specialist) indicators for MT4

944
TransparentTrader wrote: Sat Dec 24, 2022 2:46 pm This second version looks pretty much identical to the TradingView version, so I'd say you made the right changes!

In terms of bigger changes, I would say the ones worth making are "all averages" and "price pack" as you mentioned, along with adding MTF/AHTF capabilities.

Two much smaller changes for the future, if I ever find a valid reason for requesting them, would be (1) changing the moving average for "bpma" and "spma" separately, and (2) being able to change the length for "bpma" and "spma" separately.

Looking forward to see what you can do on Sunday or ahead of that date. No major rush as I'm on holiday like many other members here and you're probably taking time to yourself as well.

But glad to hear the code looks interesting. Always happy to find and share new and interesting things with Forex-Station that eventually end up being useful for trading.
Added separate buy and sell pressure periods and average methods. Also, added price options and mtf.

PS: For the ongoing MT4 project of this indicator, please see here: Buy Sell Pressure indicator for MT4 (project).
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Re: Various (Specialist) indicators for MT4

945
mrtools wrote: Tue Dec 27, 2022 2:35 am Added separate buy and sell pressure periods and average methods. Also, added price options and mtf.
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Thank you for this! I'm really curious to try out all the price options and see what I can come up with.

So far, I noticed something interesting on the S&P500 where I use 1-point Renko boxes and a setting of 100 for both moving averages and using EMA for both averages. The WORST loss I can encounter on any trade is a total of 2 boxes before the indicator tells me to get out and take a trade in the reverse direction. Usually the loss is either 1 brick or break even. I need to do more testing but with this one indicator I've virtually eliminated the need for a stop loss when scalping the US indices at NY market open.

And right now the EMA, double EMA, and triple EMA seem to consistently give the best results for profitable entries and exits. Lots and lots of experimentation ahead of me, yet it will be easy to do thanks to the efforts of mrtools and kvak.

If I ever need any modifications made to this indicator I will be sure to let you know. But it won't be for quite a while, so please don't delete the source code given you've provided the ex4 file and not the mq4 file. ;)
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kvak


Re: Various (Specialist) indicators for MT4

946
mrtools wrote: Sat Dec 24, 2022 5:12 am Added all the averages I have and happy holidays.
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hello @Mr Tools and @ Kvak, how are you? sorry to bother you again with this indicator, but it is one of my main... I noticed that there was a missing recurring average in the posts here, I was just thinking about the result of it added to the Z Score which is the G Moving Average. I admit that it is nothing more than curiosity, if you can include only this average, I would be extremely grateful. (as always)

Thanks a lot in advance :D

Re: Various (Specialist) indicators for MT4

947
RodrigoRT7 wrote: Tue Dec 27, 2022 2:22 pm hello @Mr Tools and @ Kvak, how are you? sorry to bother you again with this indicator, but it is one of my main... I noticed that there was a missing recurring average in the posts here, I was just thinking about the result of it added to the Z Score which is the G Moving Average. I admit that it is nothing more than curiosity, if you can include only this average, I would be extremely grateful. (as always)

Thanks a lot in advance :D
Added g channel moving average not sure how close to Kvak's, but this is my version. also maybe check out another new average the rolling moving average (RMA).
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Re: Various (Specialist) indicators for MT4

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Hai mr.tools
i find a different S/R level by using SSL indicator which get a clear breakout trend direction
This request i did last week. hope this request is more clear to update

rules
Levels are open the trend changes bar till the price breaks or i custom bars selection (see snap 2 settings)
Arrow print when the price breaks out the level of previous reversal trend (see snap 3)
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"There is NO GOD higher than TRUTH" - Mahatma Gandhi

Re: Various (Specialist) indicators for MT4

950
MarcoHedge wrote: Mon Jan 09, 2023 6:56 am Hello can somebody please add arrows to this indicator on the zero cross closed candle it s very basic but in my opinion powerful thanks greetings from Germany
Not able to verify it works so please verify.
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