Pet-D color bAR TOOL CAN ANYBODY TELL ME THE CONCEPT - page 2

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awan0454:
Thank you very much Mr. Tools for your very prompt reply. This forum is great. There is one more indi for the same repainting test. I have found an RSI based bar indicator which sounds interesting for my price action trading. I just can not trade with oscillators (I can't trade by the way ). Oscillator theory combined with Price action is great tool. Please let me know if this RSI chart bars indicator repaints after bar close or not. THanks in advance.

Awan0454,being it's an ex4 file can't tell code wise but if it's the same as the indicator posted here: https://www.mql5.com/en/forum/173574/page458 would say it doesn't repaint.

 

hi experts

Can some body help me with this code in mt4 please

Part1

price bars get color based on price above ema15 of close,bar color green

price bar gets red color if close is below ema15

THIS PART ALREADY CODED BY MR TOOLS.

part2

plot a green dot below price bar or plot a red dot above price bar

logic

if price bar closed in top 25% of bar range(high -low),the bar gets a green dot below the bar

if price bar closes in the bottom 25% of bars range,then price bar gets a red dot above bar

If a bar has range from low to high and if price closes in top 25% of the range it shows upmove intention.

if price closes in bottom 25%,then it shows market intention of moving down

part3 advanced zone

spot a three bar high and mark a small line or a star sort of thing there

if three bar high break uptrend is ready

if price moves above recent three 3 bar peaks,strong uptrend ready

spot a three bar low and mark a small line or red star like thing there

if three bar low is broken,downtrend is ready

confimed downtrend occurs when price breaks below three 3 bar lows

some indication may be kept if three troughs are broken or lowest of recent 3 troughs is broken down.

thanks in advance

 

My Pedigree system includes Pet-D indicator, I paid for it over $1.000. It is proprietary indicator and they will not reveal the function. It is momentum indicator.

Hermes

 

Can you post some screens, Hermes.Thank you.

 

hi

pet-d tool is now sorted out. it is posted on this forum elsewhere.no big secret any more.

 
Hi, any one can give me PET-D indicator for mt4. Thanks
 
Sumon:
Hi, any one can give me PET-D indicator for mt4. Thanks
Check this : https://www.mql5.com/en/forum/184670/page2
 
There are lots of tools available online, thus you need to know that you cannot rely on this totally, else you will end up losing all your money.
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