Hi, wondering if you could create a time and range bar indicator combined.
A new bar opened at a set range (as normal range bar) and new bar opened on the same chart at a standard time(M1,M5,M15 etc.) so the bar would be opened when a time period passed and when a set range exceeded.
I use a M1 timeframe for entries in the trend direction of a longer range bar chart. I've found that I can't get as good results from the indicator I use on a range bar chart as I do from a 1Min chart after getting the 1Min average candle size and using that on range bar charts or experimenting with different settings. Intrigued to see how it would perform on longer time frame charts where often the bar lengths are large.
Kindest regards
Andrew
Re: MT4 Indicator requests and ideas
#3872Hello Mr.Tools
I kindly ask if it is possible for this indicator, see also the supports and resistances that are violated and then disappear as they are recalculated by the indicator. I need to be able to see those points (perhaps with dotted lines) in order to do a thorough study.
Thank you in advance for the help!
Barons1
I kindly ask if it is possible for this indicator, see also the supports and resistances that are violated and then disappear as they are recalculated by the indicator. I need to be able to see those points (perhaps with dotted lines) in order to do a thorough study.
Thank you in advance for the help!
Barons1
-
- 123patternsv6.03_amp_mtf_nmc_2.mq4
- (20.67 KiB) Downloaded 649 times
Re: MT4 Indicator requests and ideas
#3873Not having that problem here, it's pretty light how it is now, anyway will keep going over the code and see if I can find what might be causing the problem.
Re: MT4 Indicator requests and ideas
#3874Whats up peoples. Making a quick post to see if anyone has posted John Ehlers new " Deviation Scaled Moving Average " ? Please let me know whenever it is that you see this message. thanks
Re: MT4 Indicator requests and ideas
#3876I have not seen it either. I understand this is the theory part that explains it: Hopefully MrTools can make something out of it.
Please MrTools if you can.The DSMA is an adaptive moving average that features rapid adaptation to volatility in price movement.
It accomplishes this adaptation by modifying the alpha term of an EMA by the amplitude of an oscillator scaled in standard deviations from the mean. The DSMA’s responsiveness can be changed by using different values for the input parameter period.
Re: MT4 Indicator requests and ideas
#3877Not really. The DSMA feels a lot heavier than a running median. Thanks for the reply
Re: MT4 Indicator requests and ideas
#3878That would be pretty nice if they can pull one together. I wouldn't mind seeing some additional settings modifications. Hopefully there isn't some kind of copyright issue.appsoluxions wrote: ↑Tue Jul 24, 2018 11:49 amI have not seen it either. I understand this is the theory part that explains it: Hopefully MrTools can make something out of it.Please MrTools if you can.The DSMA is an adaptive moving average that features rapid adaptation to volatility in price movement.
It accomplishes this adaptation by modifying the alpha term of an EMA by the amplitude of an oscillator scaled in standard deviations from the mean. The DSMA’s responsiveness can be changed by using different values for the input parameter period.
Re: MT4 Indicator requests and ideas
#3879Beautiful thangmrtools wrote: ↑Sun Jul 22, 2018 2:06 amMade this one.Naughty 77 wrote: ↑Sat Jul 21, 2018 11:51 pmHi Coders
Does anyone perhaps have Better bollinger bands SHADED , the same as Mladen's normal shaded bands. Can it be made ?
Kind regards
Naughty 77

Re: MT4 Indicator requests and ideas
#3880Haha thanks for sharing the love broappsoluxions wrote: ↑Tue Jul 24, 2018 4:52 pmBeautiful thang. Thanks MrTools for code and Jimmy for putting a beautiful statement for Twitter consumption!

Are you looking for a Forex broker? FBS cuts spreads by up to 58%. Click here to begin your trading journey, today.
No commissions are earned by Forex-station.
Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)
How to draw Fibonacci Extensions the easy way
How to easily find & draw major Support & Resistance
No commissions are earned by Forex-station.
Guide to the "All Averages" Filters (ADXvma, Laguerre etc.)

How to draw Fibonacci Extensions the easy way
How to easily find & draw major Support & Resistance
Users viewing this forum: abedalnasser, alexm, CommonCrawl [Bot], jaayazan, Majestic-12 [Bot], Mescalito, pepe cadenas, sylvester21, twix, Val7777, varon, vitas334 and 128 guests