Elite indicators :) - page 753

 

Pivot oscillator (from this post : https://www.mql5.com/en/forum/general ) updated for new terminal : pivot_oscillator_nmc.mq4

Files:
 

Here you go

Some description : you can choose which levels you want to display with PivotLeveloption. Level 1 shows Pivot, S1 and R1. Level 2 shows Pivor,S1,S2,R1 and R2. Level 3 shows Pivot, S1,S2,S3,R1,R2 and R3. The outer levels are set as -1 (the "outest" support) and 1 (for "outests" resistance) When compared to a regular pivot it looks like this

The rest of the levels and the price are calculated relative to those bounding levels

Also, you can use any time frame (so it is not limited to time frames you need) and you can place multiple oscillators on chart as long as you provide unique identifier in the PivotIdentifieroption (then you can get setups like this)

The price you want to monitor is set by the PivotPriceoption. Shift is done by shifting hours (if required)

regards

Mladen

ismael360:
Ok here is, the pivot points indi Im wondering if is possible to create. Basically, I'm looking for an indicator that plots like an oscillator. On the oscillator there will 5 lines (or levels) representing the pivot points: R2, R1, Pivot, S1, and S2. Then a line will be plotted showing where price is relative to all those points. Does such an indicator exist?

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

 

Auto trend channel (from this post https://www.mql5.com/en/forum/general ) with angle of the channel display cleaned up for new mql : autotrendchannel_nmc.mq4

Files:
 

biddick

Here you go It is showing that info in the lower right corner of the main chart (did not make it as options - tried to keep it as simple as possible)

regards

Mladen

biddick:
Mladen , Can you add slope angle(28 degree,35 degree etc) information to the channel indicator?Many thanks.

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

Files:
 

Adaptive T3 Rsi histo from here: https://www.mql5.com/en/forum/general updated to be compatible with new mt4 builds.

 
bbjurek:
Mr Tools

it looks super, especially with Renko charts,

can You make histogram version, EA ready od this?

bbjurek

Bbjurek,

Wasn't sure so made histo regular version and histo for Ea version.

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

 

Advance Decline Line smoothed & signal line from here: https://www.mql5.com/en/forum/general updated to be new mt4 compatible.

 

Advance decline line - smoothed version ...

A variation on advance decline line indicator ...


I was thinking that a decline or advance as it is defined (difference between current close and open) is OK when it comes to daily charts but for intra-day charts it is rather counterproductive. So decided to try something else. This one can use a smoothed price (averaged price) as a criteria for advances or declines (so not smoothing the result, but using average for calculation instead). That way a lot of noise is filtered out and with mild smoothing, lag is minimal. Also, if you set the smooth parameter to <= 1, it will give almost the same results (almost, since it depends on the price you are using and in case of using close price, previous bars close should match current bar open but sometimes there will be differences (it is broker dependent),) but those differences in that special case should be marginal

Here is an example of advance decline line with 10 period ema smoothed close price as criteria.

PS: one parameter needs explanation. UseExactChangedBars. If it is set to true, then the indicator is trying to find out exactly which f the symbols has most bars changed and it uses that number as a number of bars recalculated. But that means also that as much symbols you include in the symbols list that much instances of the indicator will be loaded too. It sometimes can slow down the trading platform (especially when changing time frames or initially placing it n chart. Hence, one can decide if he/she wants that check all the time or not. If it is turned of, it is advisable to change time frames form time to time. Mostly there should be no difference if it is turned off, but occasionally there will be some minor differences in that mode.

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

 

Volatility quality - zero line_histo+alerts from here: https://www.mql5.com/en/forum/general updated to be compatible with new mt4 builds.

 

This is VQ - zero line histo with mtf, divergence, and alerts.

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

Reason: