Elite indicators :) - page 293

rosijitosin
27
rosijitosin  

Hi Mladen,

thanks for ur response

biddick
339
biddick  

Mladen ,

Is it possible to convert the attached wealth lab code into metatrader?Many thanks.

Files:
Hercs
2970
Hercs  

Initial feed back...

Hi Mladen,

I attach here for your kind perusal 2 pictures of how the indicator is performing and as you can see, it does not show the over heating areas correctly. Would you mind just rechecking it, please?

First pic shows deviation of 1.0 and the 2 nd one the default 2.0 but neither showed the correct candle.

Thanking you in advance.

Mladen Rakic
151616
Mladen Rakic  

hazelj80

Here you go Added an option to choose which price you want to monitor if it broke the pivot lines (default is close) and now if you use mode 1, DeltaPrice is pips regardless of the broker (it accommodates to brokers)

regards

Mladen

hazelj80:
I tried searching for alerts on this indicator. pretty good for volatility with other confirmations. just messing around on renko charts with this.

it just needs and email/popup/sound options for when a candle/brick has closed above the line for possible buy. and an opposite alert from when a candle/brick closes below the line for a possible sell.

thanks in advance!!
Mladen Rakic
151616
Mladen Rakic  

ValeoFX

Here is how it compares to regular volatility bands - percent indicator with same parameters (length 40 and deviations 1 as in your example, and levels set to 1 and 0 for the "& arrows" version that shows on chart) on my PC, so it seems that everything is OK (it shows an arrow on a first break of a level - as I described in the original post - this post https://www.mql5.com/en/forum/general ).
Btw: that indicator in the bottom of your pictures is not what I posted : I posted a version that does not show in a sub-window but just draws arrows on a main chart without showing a sub-chart. From the look of it, it seems that the lower you are using is with length 120 and 2 deviations

regards

Mladen

ValeoFX:
Hi Mladen,

I attach here for your kind perusal 2 pictures of how the indicator is performing and as you can see, it does not show the over heating areas correctly. Would you mind just rechecking it, please?

First pic shows deviation of 1.0 and the 2 nd one the default 2.0 but neither showed the correct candle.

Thanking you in advance.
Files:
CrustallumKvs
34
CrustallumKvs  
mladen:
hazelj80

Here you go

Added an option to choose which price you want to monitor if it broke the pivot lines (default is close) and now if you use mode 1, DeltaPrice is pips regardless of the broker (it accommodates to brokers)

regards Mladen

Hi Mladen

MTF

Thanks

Hercs
2970
Hercs  

Mladen...

mladen:
ValeoFX Here is how it compares to regular volatility bands - percent indicator with same parameters (length 40 and deviations 1 as in your example, and levels set to 1 and 0 for the "& arrows" version that shows on chart) on my PC, so it seems that everything is OK (it shows an arrow on a first break of a level - as I described in the original post - this post https://www.mql5.com/en/forum/general ).
Btw: that indicator in the bottom of your pictures is not what I posted : I posted a version that does not show in a sub-window but just draws arrows on a main chart without showing a sub-chart. From the look of it, it seems that the lower you are using is with length 120 and 2 deviations

regards

Mladen

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

Firstly, thank you for responding so quickly.

Secondly, the bottom indicator is in fact one made by you, but just different settings in this instance @ 120 as you quite correctly pointed out.

The bottom indicators were just used to see the effect of deviations at different settings and in retrospect, I should not have tried to do 2 things in one screen-print so I do apologise for that.

Attached now is just the 20 / 2.0 dev.-settings for both the indicator on the candles shown as larger "Yellow-stars" and the oscillator in Lime.

I marked them as follows:

A. = where there is no alert at all;

B. where the alert is one candle too early;

C. where the Vol.Bands did not reach the 1.00-level..

Also, the CCi-5 (White caps on tips of candles and indicated by Red arrows) is how I would like to see this new indicator throw out the alerts please. I know in advance when the CCi-5 will hit a predetermined level and know not to enter on that candle's close.

Reason why I want the Vol.Bands to do that, is that it is also deadly when it overheats and works beautifully on the longer TFs such as H1.

I appreciate your time and expertise and look forward to hearing from you so that I can see what happens in real time tomorrow.

Best personal regards,

Files:
san4x
324
san4x  

HiLo Sidecandle

Hi all,

I made a new indicator based on the great work of mladen's Daily Data indicator. It helps me in my manual trading and shows the daily bar...but then for yesterday...

Sharing here as a token of thanks. Hope you find it useful.

San.

Mladen Rakic
151616
Mladen Rakic  

ValeoFX

"Volatility bands - percent & arrows" indicator is additionally smoothed by jurik filter. If you want to compare it to the ones you are comparing them, you have to set the smooth period to less then or equal to 1

Here is a comparison of the 3 :
with smooth length set to 2.5 (which is default in the indicator which you are using for comparison - violet colored one on the picture here) Differences are obvious even in this example

and without smoothing (no difference any more)

So, when compared with correct parameters, even compared to that version, everything is OK. The one that shows just arrows on chart is the one you posted originally and asked that particular one to be made to show just arrows, so, please, in that case compare it to the one that was used as a basis, otherwise you risk a confusion in results

regards

Mladen

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

Firstly, thank you for responding so quickly.

Secondly, the bottom indicator is in fact one made by you, but just different settings in this instance @ 120 as you quite correctly pointed out.

The bottom indicators were just used to see the effect of deviations at different settings and in retrospect, I should not have tried to do 2 things in one screen-print so I do apologise for that.

Attached now is just the 20 / 2.0 dev.-settings for both the indicator on the candles shown as larger "Yellow-stars" and the oscillator in Lime.

I marked them as follows:

A. = where there is no alert at all;

B. where the alert is one candle too early;

C. where the Vol.Bands did not reach the 1.00-level..

Also, the CCi-5 (White caps on tips of candles and indicated by Red arrows) is how I would like to see this new indicator throw out the alerts please. I know in advance when the CCi-5 will hit a predetermined level and know not to enter on that candle's close.

Reason why I want the Vol.Bands to do that, is that it is also deadly when it overheats and works beautifully on the longer TFs such as H1.

I appreciate your time and expertise and look forward to hearing from you so that I can see what happens in real time tomorrow.

Best personal regards,
Mladen Rakic
151616
Mladen Rakic  
Here you go
regards

Mladen

CrustallumKvs:
Hi Mladen

MTF

Thanks

updated version here: https://www.mql5.com/en/forum/general