Just an idea : why don't you use the simplest solution : since stochastic is ranging from 0 to 100 you can easily place as many stochastic indicators in one sub-window as you wish. For that purpose you can use the indicator you already mentioned (from this post : https://www.mql5.com/en/forum/180648/page243 ) and that way you can have an unlimited number of combinations. For example, the 7,3,3 - 14,3,3 and 21,3,3 combination would look like this in that case :
Thank you for your suggestion. I do currently have that setup and it does works fine for me. My intentions though is to have this configuration combined into one indicator with alerts when all three settings reach the overbought and oversold levels so that it takes away the visual of having to sit in front of the pc and waiting for a signal. The current setup does not afford me that opportunity and I would also be able to place trades during the day while at work if I were to receive any signals via my cell phone. So this is my dilema at this time. Thank you for taking the time to respond. You are doing great work here and we all appreciate you.
Try this version out. It has that part simplified and it is very easy now to add any code or to alter it as you wish in it. Also, I find that now the "large" is giving rather interesting values (see the example). Check it out and I think you will find it easy to adjust the code now to any idea you have about it
Thanks mladen, I will look again. Actually seeing flat lines is correct, as what it is showing is that in the period of the flat line, it was the small players that were moving the price (or there was no effective volume). That all said I find the effective ratio is a better forward indicator than the effective volume.
Again many thanks, unfortunately my coding skills are non existant, so I will have to rely on others for any further coding!
mladen, been playing a little with the indicator - can i check my understanding please, in regards to which line is which when putting it in an EA. As I understand:
0 = total effective volume
1 = small effective volume
2 = large effective volume
3 = first MA, depending upon whether Effective Volume (0=false) or Effective Ratio (1=true) is selected, and MA will reflect the total, small or large effective volume or effective ratio. So for example, if volume/ratio is true=1 AND total volume =1 i.e true, and small and large volume =0, i.e. false, then this will show the MA for the Total effective ratio.
4 = second MA, works same way as 3
5 = total effective ratio
6 = small effective ratio
7 = large effective ratio
Is this correct?
Also does it look to you as if the effective ratio equation is correct according to my second last post today?
here is the indicator
Adding arrow when stochRSI passes up 20/down 80 level & a vertical doted line
I shall provide you with two indicators as follows:
1) stochRSI with alerts.mq4 with alerts need the following amendments:
a. To remove level s 15 and 85.
b. Add a white vertical dotted line throughout all windows at stochRsi level 5 and level 95; It should show the maximum of 10 vertical line from the current price and do not repaint – similar to paragraph c.
c. Add a thick LIMEGREEN arrow whenever the price move from below stochrsi 20 level to 20 level and a thick RED arrow whenever the price move from above 80 level to 80 level. The arrows must be displayed at the main price window at a distance at around 50/60 dots from the price. It should show the maximum of 10 arrows from the current price and do not repaint – similar to paragraph b. Please refer to Stochastic_color_V1.02 mq4 arrow coding.
2) My intended parameters for the stochRsi are as follows:
a. RSIPeriod =8
b. Price = 0
c. Stochastic KPeriod = 8
d. Stochastic Slowing =3
e. Moving Average = 1 (EMA)
f. Stochastic DPeriod =8
g. Stochastic DMaMethod=1 (EMA)
You may get the arrow signal near the bottom of the code from Stochastic_colour_v1.02.mq4.
Can Mladen or any one helps to add this alert to "StochRSI with alerts.mq4"?
A question ...
Been looking for stochRSI_basic_p&v indicator (over the net to) and I can not find it. Do you have the source of it? If yes, can you post it (provided that it is not a commercial or private indicator) so that somebody can help you
Can anybody please incorporate the following alert signal in the above indicator, stochRSI_basic_p&v alerts?
1) On StochRSI passing down the 80 level a red arrow pointing down or StochRSI passing up the 20 level a green arrow pointing up in the price action window as per the stochastic_colour_v1.02classicC mod_1 and
2) a vertical dotted line throughout every windows in the chart whenever stochRSI passes up the 20 and down the 80 level.
Please add the Green arrow for buy and red arrow for sell in the price action window when the stochRSI passes 20 and 80 levels respectively. In addition, please add a vertical dotted line when the stochRSI passes the 20/80 as well.
Thank you mrtools
Mladen - Attached StochRSI_Basic, StockRSI_Basic_p&V alerts & Stochastic_Color_V1.02
I have attached three files for comparison. Can you please add (1) the Red and green arrows whenever the stochRSI crosses 80 and 20 level respectively in the main window (similar to Stochastic_Color_V1.02classicC mod 1)? If it is possible can you kindly add a dotted vertical line in either StochRSI_Basic or StockRSI_Basic_P&V Alerts together with the arrows?
ADX rising above 16 audio alert
I am trading in Nifty Index. I am using ADX to find the trend.
I need a help. I am looking for ADX indicator with following features.
ADX indicator which turn color above 16 into green if the trend is up. if it is down trend, it shows red color. when there is no trend, it shows yellow color.
ADX indicator must give sound alert when rising above 16 with visual message showing "strong up trend or strong down trend.".
Sound must be playing till the trend exits.
Friends, please help and do the needful.