i'm new here..
anyone have indicator that alert when spread widen?
Attached is a spread monitor indicator that I found on an other resource link listed below.
I was wondering if it was possible to be able to change the alert???
right now it's Alerts.wav in the coding and i was wondering if there was anyway of changing the coding so that i could add a .wav sound from my comp to it?
Add a different sound file for the alert is easy, however I will need the source file (MQ4) and not the compiled version (EX4).
If you have the source file (MQ4) then it should be in the same folder as the one you got the original EX4 file out of.
If you only have the EX4 file then I won't be able to help you.
Inside the code there is quite a good description about how each part / line can be used.
//| Traders Dynamic Index |
//| This hybrid indicator is developed to assist traders in their |
//| ability to decipher and monitor market conditions related to |
//| trend direction, market strength, and market volatility. |
//| Even though comprehensive, the T.D.I. is easy to read and use. |
//| Green line = RSI Price line |
//| Red line = Trade Signal line |
//| Blue lines = Volatility Band |
//| Yellow line = Market Base Line |
//| Trend Direction - Immediate and Overall |
//| Immediate = Green over Red...price action is moving up. |
//| Red over Green...price action is moving down. |
//| Overall = Yellow line trends up and down generally between the |
//| lines 32 & 68. Watch for Yellow line to bounces off |
//| these lines for market reversal. Trade long when |
//| price is above the Yellow line, and trade short when |
//| price is below. |
//| Market Strength & Volatility - Immediate and Overall |
//| Immediate = Green Line - Strong = Steep slope up or down. |
//| Weak = Moderate to Flat slope. |
//| Overall = Blue Lines - When expanding, market is strong and |
//| trending. When constricting, market is weak and |
//| in a range. When the Blue lines are extremely tight |
//| in a narrow range, expect an economic announcement |
//| or other market condition to spike the market. |
//| Entry conditions |
//| Scalping - Long = Green over Red, Short = Red over Green |
//| Active - Long = Green over Red & Yellow lines |
//| Short = Red over Green & Yellow lines |
//| Moderate - Long = Green over Red, Yellow, & 50 lines |
//| Short= Red over Green, Green below Yellow & 50 line |
//| Exit conditions* |
//| Long = Green crosses below Red |
//| Short = Green crosses above Red |
//| * If Green crosses either Blue lines, consider exiting when |
//| when the Green line crosses back over the Blue line. |
//| IMPORTANT: The default settings are well tested and proven. |
//| But, you can change the settings to fit your |
//| trading style. |
Traders Dynamic index now with Alerts and Signals!!
My initial view when seeing your post, and then downloading and testing this indicator, was that it looked to have some really good potential. After having spent many hours this morning completely rebuilding it (original code was very hard to understand) and then adding in numerous features including Sound, Visual and e-mail alerts, as well as the ability to add Long/Short entry and caution signals on the price charts for testing purposes. I am now not that sure how much value this indicator is.
I really hope these mods help you with your trading, and if you have a spare 5 minutes I would really like to hear how you use this indicator in your trading.
All the best,
QQE with Alerts
QQE now modified to include Sound, Visual and e-mail alerts, the ability to customise the audio file used for the Audio alert, and the level at which the Alert occuers.
still learning here- I now use a Heiken for alert which gives to many alerts
I will give your indicator a try
Thanks for taking the time to tell how you use it. I see you are still testing and determining. This is one of the reasons I added the visual chart signals. As in this way you can quickly visually test to see if and how you can best use the indicator.
I am happy to add an alert to this indicator. However I will need the "XO.mq4" that the MTF version references.
Please post and I will get it done for you.
I am happy to add an alert to this indicator. However I will need the "XO.mq4" that the MTF version references.QUOTE]
Ignore my last post. I found the XO.mq4 file on another thread, and have now added alerts to the MTF version of the XO indicator.
All the best.
Please post the MQ4 version of indicator.