And a candle indicator too with similar settings / parameters as the tape histogram. Sorry Mladen. Thank you.
Hi Mladen, can you kindly create a mtf histogram tape version of the above OMA Ribbon for me, where anything above the ribbon is blue, below the ribbon is red, and within the ribbon is dim gray. Thank you very much Mladen.
Can you please upload again the version that you are using
This is what I get when I try to download the one that you attached (I thought that it is some temporary issue, but it seems that the uploaded file is corrupt) :
Mladen, this is the one I use. However I think there is a bug in the coding somewhere. When I get an alert of a crossover, I noticed the message showed the 2nd OMA Period missing its decimal places even though I had specified the decimals in the parameters. The 1st OMA Period reflects the correct period settings with its decimals. So I tried placing two ribbons, the first ribbon with 50.55 and 80.55, and the second ribbon with 50.55 and 30.55, where 50.55 is common to both ribbons and on the chart I noticed two lines supposedly 50.55 and 50.00 side by side. Therefore there could be some coding issues with respect to the decimal points. Anyway I'm sure you'll be able to figure it out where to bug is.
In summary, I require...
1. A histogram tape version with alert notifications based on the ribbon indicator, where when price is below ribbon in red, price above ribbon in blue, and price within ribbon in gray. Option to choose price open, close, typical, etc, for decison on color.
2. A candle version based on the same rules as point 1.
3. Zeroline version? (not sure if this is possible)
Thank you very much for the help, Mladen.
1. A histogram tape version with alert notifications based on the ribbon indicator, where when price is below ribbon in red, price above ribbon in blue, and price within ribbon in gray.
Here is first this one (it needed an update for new metatrader 4)
As of missing decimals : are you maybe using in that case first period longer than the second period? If yes, then that case is solved in this version too. Now I am going to use this version as a basis for further development of the others
Mladen, yes, that was the case, the latest version corrected the issue. Thank you.
Here is the first one : histogram version that shows the relative position of the price compared to oma ribbon (just changed the colors a bit). The example is a one hour histo on 15 minute chart (I was testing if all works OK). Push notifications added to alerts types
Fabulous Mladen, tested and works great.
This is the candles version of the previous indicator. It is already new metatrader compatible too (as the previous one also). Tested it and all seems to be working OK (including alerts, which were the hardest to make in this one due to lack of buffers)
Thanks for your hard work Mladen, truly appreciated. Regarding my question about the zero-line histo, is it something that can be done? I tried using OMA's Macd but the crosses do not seem to match the ribbon.
Can you please explain a bit more what is the exact idea of the "zero line"?