Thanks again Bill..
I know the hours you keep, my friend.
Thanks again, much appreciate your time.
I can not find it (the STMPT indicator - neither on NinjaTrader site nor on big Mike's site)
Can you post it (if it is not a private indicator) so that we can take a look if it can be converted for metatrader?
Thanks for taking care of my request
I enclosed on my first message an attached copy of the code under Word format (just underneath the picture)
+++ same enclosure herebelow under Word format +++
In this Word document, you will find 2 codes:
- the first code of STMPT indicator is for NinjaTrader (bublished in France in Forex tradind sites after the release of the code in Erik Lefort book) and
- the second code of STMPT indicator is for GraphAT (simplified easy langage I believe ?) published in Forex forum in Europe.
above two codes are suppose to translate the same indicator: STMPT
This should do it
Some explanation : in the attached document calculation for ninja trader and calculation for GraphAT are different, so I decided to have both as an option in this indicator. So, when UseGraphATFormula parameter is set to false, it is calculation as it is found in ninja trader code otherwise it uses the GraphAT calculation. Slopes of the 2 ways are similar, except that the GraphAT is shifted down and is somewhat smoother (it has one additional smoothing step - it uses the "slow" stochastic in calculation) and also the crossing of the default levels is rather different
Here is a comparison of the 2 modes : upper is the "ninja trader mode" and lower is the "GraphAT mode"
This is perfect.
Thank you very much for your time and expertise.
I'm working with basket trades.
Can you incorporate the "closeall" Script into the EA? It would have to beunder the dollar profit of course.
You could see this coming from my last question couldn't you??
Should I be asking this at the "discussion" forum??
Thank you for your guidence
PS sorry I now see that the EA already does what I asked, the code was so short I missed its action.
Here you go Don't worry about the name : that indicator was originally called RSI filter, so I decided to keep its original name. Added all the stuff and one more option : EverySignalCatching. If it is set to true it will show arrows and will alert whenever the filter changes from no signal to signal (which can be considered a "re-entry" signal) and whenever signal changes direction, otherwise it will do that only when signal changes direction
Can you please make this indicator mtf and alert when color change + arrow
Choppy Market Index histo need arrows...!
I did a little mod of your original indicator to get an histo version; I've added also 2 Labels to show the SMA value and the difference between last close and the close 20 bars ago (as per the statement in the article from D. Fernandez).
Could you please add arrows and alarms for signals?
if SMA(10) < 40 && 20 bars Diff LONG (Red arrows up below the low of the candle)
if SMA(10) 0 ----> SHORT (Red arrows down above the high of the candle)
if SMA(10) > 60 && 20 bars Diff SHORT (Blue arrows down above the high of the candle)
if SMA(10) > 60 && 20 bars Diff > 0 ----> LONG (Blue arrows up below the low of the candle)
The arrows need to be displayed only once, when the conditions are met for the first time.
Will be also possible to skip Sunday data?
When it's done, please remove from the code the instructions' labels.
Really appreciated your help!
This is cmo smooth (chandes momentum osc.) added the multicoloring to change colors on the slope change, added alerts and arrows that go off as cmo is leaving overbought, oversold territory (50 and -50) .
updated version posted here: https://www.mql5.com/en/forum/general
Nice work Here is the changed one (with arrows and alerts as you described them) Mode some changes in the code in order to make multiple CMI histo attaching to a same chart possible (just set the UniqueID to different value for every new instance)
rsi filter v1.2
Thank you for the great work you are doing for the all communty.
have a great day.