dear mrtools and mladen can u plz add alerts to this indi. ?Support and Resistance - Kalenzo.mq4Thanks in advance.
Hi Mladen/Mr Tools,
I would be most grateful if you please add the usual alerts to the attached indicator for the change of color. Thank you and have a great weekend.
According to rules if +DI crosses -DI up, the the trend is up. If the -DI crosses
+DI up then the trend is down. That is how usually (and according to Welles Wilder that invented ADX) the +DI and -DI values are interpreted
That is right Mladen.
I was studied adx:
1.DI crossing many time on sideway, so i dont need DI crossing alert.
2. For start the trend I use: ADX level up 25 as a confirmation (ADX coloured will changing colour) AND one of DI cross level 15 from UP to Down. If one of DI is bellow level 15 that is warning become a big move. This move will start together with ADX changing colour if we use ADX colour indicator.
-Please backtest adx: one of DI will cross level 15 go down before a trend or big move, But this is must followed with ADX changing colour if we use ADX colour.
For big move : ADX is not always cross level 25 like sample pict bellow, but one of DI will always cross under level 15. This is why DI cross level 15 is more important as a alert.
Look bellow picture:
hi, i posted the mq4 file, i thought it was the decompiled version?
could not load this one to the charts, I have Build 765.
Zefx, this one from here: https://www.mql5.com/en/forum/173574/page443 is working on build 765 for me.
Topi, do you have the original source code, that version is a decompiled version.
Hi Mladen & MrTools
Hi Casaliss, added the level alerts.
hi mrtools/mladen these two were forwarded to me by my friend, i am not aware of the same.... request u to plz add alerts to any one of them. Thanks in advance viahet_supports_and_resistances.mq4 support_and_resistance_-_kalenzo_1.mq4