I attach here the RSiOMA that you improved on. My request is for a "Interpolate" version please.
Looking forward to hearing from you and thanking you in advance.
I do not understand the part about colors of the candles. Can you please explain more precisely what do you consider a black and white candle? Are they a candles when close is above and bellow open, and if yes, which one is which?
Attached is the TriangularMA centered abands alerts indicator.
This indicator gives alerts and emails when the price crosses the bands.
Can you modify this indicator to give alerts when:
The previous candle has touched the band and the present candle is of opposite color (Black for upper band and white for lower band).
Here you go
Hi. Was wondering if Mladen or any programmer has any thoughts regarding this request? It would be helpful if there were an indicator similar to the screen shot on the right. Thanks for your help. My question pertains to https://www.mql5.com/en/forum/general. I am happy to do any needed research, but I need direction from a programmer first.
This is interesting.
I like that this version you discovered plots potential support and resistance areas.
I'm testing it to see how price interacts with the range it's plotted on EURUSD in comparison to standard pivots and MurreyMath Lines. So far it looks very promising.
By color of candle I meant:
When the 1st candle touches the upper band it is of white color(i.e. its close is higher than its open) and 2nd candle is of black color (i.e. its close is lower than its open) then the indicator gives a Down alert.
When the 1st candle touches the Lower band it is of Black color(i.e. its close is lower than its open) and 2nd candle is of White color (i.e. its close is higher than its open) then the indicator gives an UP alert.
Its a two candle pattern with Triangular MA abands alerts
Triangular moving average is confirming the overbought/oversold condition and candle pattern is confirming the reversal.
I am using H1 timeframe for this setup.
Please find the attached image for details.
Thanks and Regards
The prior set of lines looked very interesting as potential SR areas on the chart I posted earlier.
After the levels reset on my chart, (the SOKOL indicator lines are the dotdash lines), they now line up exactly with the pivot point levels,
It looks like the SOKOL in it's current permutation is based on a standard pivot point calculation. BalancePoint = (high + low + close) / 3, where the Dynamic Balance Point calculation, if I'm not mistaken, should be based on the daily calculation of a 5 day lookback average.
Good morning Mladen,
Thanking you very much for the improvements made.
Very interesting indicator...I hope you can find time to check it for potential errors. The indicator shows indeed nicely placed S&R on my M15.
Perhaps a tip: For translation, you can use google translate as well (but I am sure you know that already).
Cheers and thanks,