Elite indicators :) - page 374

Hercs
2970
Hercs  

Thank you seems so inadequate..

mladen:
ValeoFX

Use this one instead. This one avoids those errors as well as some repainting errors

regards

Mladen

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

Good morning Mladen,

Thank you once again from the bottom of my heart. Much appreciative your expertise.

Sincerely,

Hercs
2970
Hercs  

Request for an indicator..

Hi Mladen,

You are such a brilliant man, could you possibly create an indicator for me that will ALERT me when the price hits the Bottom/Top bands of the ordinary "Envelopes" indicator found under the Indicators Folder in MT4.

Attached is a screen print to show you what I have in mind as well as a simple template to illustrate it best for you.

Many thanks for even considering it.

Best regards.

san4x
324
san4x  

Choppy Market Index

Hi mladen,

This is from the most recent CurrencyTrader Magazine (aug 2011): the CMI indicator (Choppy Market Index).

Can you code this for mt4, the calcs appear to be rather simple. And perhaps we can improve this mousetrap even more?

I've attached the relevant article from the magazine (it's a free mag).

Cheers and have a great weekend everyone.

San.

Mladen Rakic
151505
Mladen Rakic  

Choppy market index ...

San

Here you go Along with the document you posted (since Daniel Fernandez describes a complete trading system in that document - default levels are set for that trading system) I think it can be tested now and, in if we see some mode that could improve it, to improve it.

regards

Mladen

Snowski:
Hi mladen,

This is from the most recent CurrencyTrader Magazine (aug 2011): the CMI indicator (Choppy Market Index).

Can you code this for mt4, the calcs appear to be rather simple. And perhaps we can improve this mousetrap even more?

I've attached the relevant article from the magazine (it's a free mag).

Cheers and have a great weekend everyone.

San.
Files:
blueeagle
948
blueeagle  
mrtools:
Here's the histo version.

Thanks, mladen.

Please tell me how to call this indicator in an EA and the buy/sell logic.

Hercs
2970
Hercs  

Is it suppose to be "inverted"?

Hi Mladen,

Is the "Choppy Market Index" supposed to be inverted?

Best regards,

Mladen Rakic
151505
Mladen Rakic  

ValeoFX

No. It is coded as the original document (posted by Snowski) describes and requires. It is not a "trend showing" indicator, but it is best to read the document for explanations how to use it from the original author of the indicator itself

regards

Mladen

ValeoFX:
Hi Mladen,

Is the "Choppy Market Index" supposed to be inverted?

Best regards,
William Snyder
9497
William Snyder  
tamaraofx:
Thanks, mladen. Please tell me how to call this indicator in an EA and the buy/sell logic.

This is one way.

trendNow = iCustom(NULL,psarwmatf,"Parabolic_wma_envelopes_histo for ea",Periods,UpperPrice,LowerPrice,Power,Deviation,4,Current);

trendPrv = iCustom(NULL,psarwmatf,"Parabolic_wma_envelopes_histo for ea",Periods,UpperPrice,LowerPrice,Power,Deviation,4,Current+1);

if (trendNow!=trendPrv) // trend change

if (trendNow==1)

{

myOrderType = 2; // trend is up

}

else

{

myOrderType = 1; // trend is down

you can make the time frame an external parameter, and think this would be good way to code an Ea if you want to use only 1 indicator, and buy or sell on the slope or buy when price going up(blue) and close buy and sell when price going down(red). Made a ea version of the indicator.

William Snyder
9497
William Snyder  

This is Frama on jurik with alerts on slope change and mtf.

Files:
William Snyder
9497
William Snyder  
ValeoFX:
Hi Mladen,

You are such a brilliant man, could you possibly create an indicator for me that will ALERT me when the price hits the Bottom/Top bands of the ordinary "Envelopes" indicator found under the Indicators Folder in MT4.

Attached is a screen print to show you what I have in mind as well as a simple template to illustrate it best for you.

Many thanks for even considering it.

Best regards.

Have this version if you want regular sma envelopes just set method to 0, has alerts on either high,low breakout or close breakout, also has dots that shows breakout and price moving back inside the envelopes. You have the possibility of 10 different averages 1=SMA2=,EMA,3=SMMA,4=LWMA,5=LSMA,6=TriMA,7=SWMA,8=VWMA,9=HullMA, and 10=NonLagMA"

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