Elite indicators :) - page 191

Tistou
53
Tistou  

Hello Mladen,

is it possible to have "CustomCandle (post1892) but not in MTF just in number of candles?

Example: every 10 candles, a new candle.

It is we who define what time will start the first candlestick, so that the setting is much simple.

A post of a member of a French forum gave me an idea, for now, it's very impressive, but this indicator will facilitate my testing.

If it's confirmed, I will share with the community.

Regards

Gafet

odysseus11
118
odysseus11  

Wow,

Mr tools, great indi mods - thank you so much!

Odysseus

mrtools:
This is a jurik mod of Trendstrength RMD added mtf and with alerts also a channel version that is mtf with alerts.
Hercs
2970
Hercs  

#DTosc version ???

mladen:
newtrader100

Here is the "first step".

What this indicators does :
it finds out the trends from a desired time frames (assignable through TimeFrames parameter), multiplies each time frame trend with its weight (assignable though TimeFramesWeightsparameter) and adds them up to get an "over all" trend. Here is an example of 9 time frames NonLagMA trend :
What it (still) does not do :
It does not alert. The problem is that in one moment more than 1 time frames trend can change and then it can change way back the overall trend (just imagine : one month trend changes and changes "trend score" back 1 month (since all have to be changed). Will try to solve this (to be able to uniquely identify when an alert should be triggered, but so far no idea how to solve this "back changing" issue when alerts are concerned) i can alert when alertsLevelis reached, but then you can get alerts on every new bar and not just the first time the desire level is reached

Try it in run time and you will see what am I talking about. But I think that even like this it can be a useful indicator

PS: indicator requires to be attached to at least the smallest time frame chosen from time frames parameter (that is the only way how "historical trends" can be calculated accurately)

________________________________

PPS: added a version that alerts once per direction (so if it reaches up, it will alert and until down is not reached it will not alert up any more and vice versa)

regards

mladen

================================

Mladen, I had a look at this indicator and the first question that jumped into my mind is.............can you not do this with the #DTosc ? What I would like to see with the DTosc though is an option to select the TFs such as M1, M5, M15 and M30 on M1-TF and one step up for M5-TF. It is of no use to me to look at anything larger than H1-TF as I am an intra-day Trader.

Would you care to tell me whether this can be done successfully and if so, would you mind putting such an indicator together?

Looking forward to hearing from you.

Files:
dtosc.mq4 5 kb
Mladen Rakic
151203
Mladen Rakic  

ValeoFX

Here you go I left default time frames and default weights as in the nolnalgma version, but you can adjust those to your needs as you will. In time frames it does not matter what order of time frames you use as long as they are separated by ";". Also weights different than defaults might be interesting to use (here is an example where 1 minute time frame is left out and 15 minute weight is set to 5.5 - just for the sake of testing - but it shows what can be done with weights)
Also, in this one added a "safety check" : this one prevents duplicate time frames automatically

regards

Mladen

ValeoFX:
================================

Mladen, I had a look at this indicator and the first question that jumped into my mind is.............can you not do this with the #DTosc ? What I would like to see with the DTosc though is an option to select the TFs such as M1, M5, M15 and M30 on M1-TF and one step up for M5-TF. It is of no use to me to look at anything larger than H1-TF as I am an intra-day Trader.

Would you care to tell me whether this can be done successfully and if so, would you mind putting such an indicator together?

Looking forward to hearing from you.
Hercs
2970
Hercs  

Thanking you.......

mladen:
ValeoFX

Here you go

I left default time frames and default weights as in the nolnalgma version, but you can adjust those to your needs as you will. In time frames it does not matter what order of time frames you use as long as they are separated by ";". Also wights different than defaults might be interesting to use (here is an example where 1 minute time frame is left out and 15 minute weight is set to 5.5 - just for the sake of testing - but it shows what can be done with weights)
Also, in this one added a "safety check" : this one prevents duplicate time frames automatically

regards

Mladen

=============================

Mladen, you are a star! but than you know that!

Much appreciate you.

Alex
93
Alex  

Arrows

Mr. Tools,

Can you please post the indicator that plots the arrows on your chart? Is it a zig-zag indicator? Thank you.

newtrader100
105
newtrader100  

mladen,

If I may ask, which indicator you've coded to date seems to you to be best suited to be multi timeframe alerted as you've graciously done the previous two?

They're great in and of themselves, but no shame in looking for perfection itself as I see it.

P.S. The last dtosc mtfa buy signal about 45 min. ago was worth at least 15 quick pips alone.

William Snyder
9496
William Snyder  
mike pearce:
Mrtools,

can you share the indicator on the chart

look like a fibo level indi..

thanks

Yes i can post the fibo indicator !

And Profittader the arrows are plotted by the Trendstrength Jurik channel, the arrows and alerts should happen when Trendstrength jurik hits the upper or lower channel and starts to move in opposite direction.The 45 degree arrows are when the buy, sell turn is possibly happening the 90 degree arrows are kinda a warning the latest move is about to end

Files:
mikepearce
47
mikepearce  

thank you,Mrtools

William Snyder
9496
William Snyder