Trend Monitoring Indicator
How about this idea? is it anyone already create as indi?
many of the indicator -- got trend shown right away
but only in 30M or 1 hr time frame
and sometime trend (up / down) could be changed in the last candle or dot
are those parameters necessary or optional ??
try to change code here
https://www.mql5.com/en/forum/179078
Hi,
I have a request to create an indicator that can be used for trending monitoring. The idea of this indicator actually come from an article from a forum, the author make used of a few indicators to confirm the trend of the market. The indicators used are as follow:
UPtrend
1) RSI(9) : if the signal is above 50 the trend up
2) Stochastic(10,3,3) : If the signal is head u, but stay within the 20and 80 level it is down trend.
3) ADX(9): where colour is grey, +D1 is yellow and -D1 is red, if yellow line head up above 20 level, red line head down below 20 level and grey line head up above 20 level the trend is up.
Note: If all the 1, 2, 3 indicator all shows uptrend then the trend will be up.
DOWNtrend
1) RSI(9) : if the signal is below 50 the trend down
2) Stochastic(10,3,3) : If the signal is down u, but stay within the 20and 80 level it is down trend.
3) ADX(9): where colour is grey, +D1 is yellow and -D1 is red, if yellow line head up below 20 level, red line head down above 20 level and grey line head up above 20 level the trend is up.
Note: If all the 1, 2, 3 indicator all shows downtrend then the trend will be down.
How to present this indicator:
I hope this indicator can shows a green histogram bar up when the trend is up and a red bar when the trend is down. The idea behind this indicator is to help the user to make a fast decision in this fast moving market.
Why I asked for this request:
If you refer to my profile, i have modified and programmed some indocators myself and put up in this forum to share.
However, this indicator is a bit too difficult for me because the MT4 allows only 8 buffers and not more. I try to combine these 3 indicators and made an indicators in the form of histogram to monitor the program. But i can't make it.
Therefore, may i reuqest any one else in this forum can try to help me program this indicators. Or otherwise tell me how to solve the multi buffers issue, I will certain appreciate that!!! In fact, your help is important to me because I can learn more your programming and make more indicators for others in this forum as I already did.
Many thanks for reading my request!!!
Regards
Hi guys
I bougth this indicator but it is still telling me that it can only be used on NZD/USD
Hi guys
I bougth this indicator but it is still telling me that it can only be used on NZD/USD
Why are you posting here?
Contact the person who sold you the indicator.
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Hi,
I have a request to create an indicator that can be used for trending monitoring. The idea of this indicator actually come from an article from a forum, the author make used of a few indicators to confirm the trend of the market. The indicators used are as follow:
UPtrend
1) RSI(9) : if the signal is above 50 the trend up
2) Stochastic(10,3,3) : If the signal is head u, but stay within the 20and 80 level it is down trend.
3) ADX(9): where colour is grey, +D1 is yellow and -D1 is red, if yellow line head up above 20 level, red line head down below 20 level and grey line head up above 20 level the trend is up.
Note: If all the 1, 2, 3 indicator all shows uptrend then the trend will be up.
DOWNtrend
1) RSI(9) : if the signal is below 50 the trend down
2) Stochastic(10,3,3) : If the signal is down u, but stay within the 20and 80 level it is down trend.
3) ADX(9): where colour is grey, +D1 is yellow and -D1 is red, if yellow line head up below 20 level, red line head down above 20 level and grey line head up above 20 level the trend is up.
Note: If all the 1, 2, 3 indicator all shows downtrend then the trend will be down.
How to present this indicator:
I hope this indicator can shows a green histogram bar up when the trend is up and a red bar when the trend is down. The idea behind this indicator is to help the user to make a fast decision in this fast moving market.
Why I asked for this request:
If you refer to my profile, i have modified and programmed some indocators myself and put up in this forum to share.
However, this indicator is a bit too difficult for me because the MT4 allows only 8 buffers and not more. I try to combine these 3 indicators and made an indicators in the form of histogram to monitor the program. But i can't make it.
Therefore, may i reuqest any one else in this forum can try to help me program this indicators. Or otherwise tell me how to solve the multi buffers issue, I will certain appreciate that!!! In fact, your help is important to me because I can learn more your programming and make more indicators for others in this forum as I already did.
Many thanks for reading my request!!!
Regards