study(title="Stochastic RSI", shorttitle="Stoch RSI")
source = close
lengthRSI = input(14, minval=1), lengthStoch = input(14, minval=1)
smoothK = input(3, minval=1), smoothD = input(3, minval=1)
rsi1 = rsi(source, lengthRSI)
k = sma(stoch(rsi1, rsi1, rsi1, lengthStoch), smoothK)
d = sma(k, smoothD)
h0 = hline(80)
h1 = hline(20)
A link to multi time frame wpr : Forex TSD - forex forum - Download WPRV2 mtf.mq4
A link to multi time frame stochastic rsi : Forex TSD - forex forum - Download StochRSI_mtf+alerts nmc.mq4
They both can work as "regular" ones too
Updated Coeffoline indicator : coeffoline_amp_alerts_-_mtf_nmc.mq4
Original was posted here : https://www.mql5.com/en/forum/173574/page397
Updated parabolic sar 2 support resistance version : parabolic_sar_sr_2_-_mtf_nmc.mq4
Original was posted here : https://www.mql5.com/en/forum/173574/page396
Is it possible to modify the following indicator to work in MTF mode?
I tried unsuccessfully.
It seems it has some coding problem as well. I think it recalculate all
bars and if you modify to resolve it, modification cause some problem
with drawing objects on chart. I appreciate any comments.
This is just a version that correctly uses logical comparisons (to avoid some errors that could come from that) and some warning removed in order to make it cleaner
As of making it multi time frame and not to use all the bars : it is all so tied up that I am not sure that it can be done. Will check some more but no promises
This indicator ¨ Coeffoline ¨ seem to work upside down at least on my computer!!
What is upside down?
Upper is the one I posted lower is the one you re-posted. I fail to see problems with it (not even in multi time frame mode nor with different (longer) period applied. Similar results for all symbols
Hi , i try it on Eu/Us after your post and it is working OK, but i,m trading the DJ30 and see the result, MTF or not.
Sorry i did not tell you i'm only trading the DJ30 on my first post.
If you could do something it will be appreciated , at least a few word of explenation about the anomaly.
I see now, but quite frankly do not know exactly why it happens.
Probably the cause of that is in Logarithm function and the range of values used for it, but it seems that it is not always so (almost all Nordic currencies are inverted too). Here is this version. It will recognize majority and adjust the direction as it should be, but in case when it failed (like for those Nordic crosses) there is an option "Invert", and that way you can adjust it to show correct direction. I know that it is not an automatic solution, but this is the fastest solution I could come up with. Let me know if you notice any similar problem
Is it possible create a MTF version of this indicator?
Please note that I'm not the owner of this indicator. I downloaded it from the forum only.
Thanks in advance.