In multi time frame indicators all the bars belonging to higher time frame bar must be updated. If the higher time frame values is, for example , 100, then all the bars of the lower time frame must have that same value 100 or else you get the clasical case of repainting.
I read a post somewhere about changing the calculation of bars from close instead changed to open. Does this help with mtf calculations? and possibly not as much repainting?
Using open will always prevent changing the current bar state
But some indicators (like stochastic, adx, ... ) simply can not use just one price. And always count on the fact that using open price will automatically make it lag one bar (but that might not be a bad decision, since it is the usual way how EAs are using signals on a closed bar to avoid false signals, for example)
I can probably deal with lag better than I can with repainting
Hi Mladen if you could please make this "Double Smoothed Stochastic arrow alert" MTF also if U could make an option to turn the arrow on and off it would be great.
Also this "MTF_Stochastic_Alert_v.2" I think there is a problem, it cause my MT4 slow down a lot, could you check?
Thank you very much
About "MTF_Stochastic_Alert_v.2" : use any stochastic that sends an alert on signal cross. That indicator would need so much rewriting that, after all that done would look just like any correctly stochastic to signal cross indicator
Dear Mr Mladen and Mr Tools
could you please turn this into an MTF
Thank you in advance
Eightball would need the original source code, the version posted is a decompiled version.
What about the "Double Smoothed Stochastic arrow alert" could you make it an MTF?
With option to turn the arrow on and off?
Jobudi888, there is a mtf version here: https://www.mql5.com/en/forum/180648/page664 with alert options but without arrows.
in STLM_hist + alerts + arrows mtf indicator there is no input column for putting numbers so we need to use default settings only.
for example in macd indicator there is fast EMA-12, Slow EMA and signal EMA input columns that we can change according to our wish and use multiple settings of indicators on same chart.
can someone add input column in STLM_hist + alerts + arrows mtf indiator also so that it can be changed to our wish.
here is attached indicators below.
and thanks for previous reply .