MT5/MT4 indicators with no "stable" values - feature request

 

Hi, Some indicators like standard Macd (both signal line value and macd: value) and various custom indicators do not give "stable" results to vary prices but change whenever their values depending on the share price. (also happens with other financial platforms)

When you use trading systems or Ea based on given signals of these indicators (like bars value etc.), this forces him to change from time to time the desired settings/threshold values adapting values manually to the new share price for each indicator and for any financial instrument.

Since this work long and unwieldy it would be useful to add a feature so that MT can auto-recalculate values according to the quotes or using a box where enter "reference" share price and indi setting values for recalculate adapting to new share price, or optionally using fixed indi values for all quotations. Thanks .

Step on New Rails: Custom Indicators in MQL5
  • 2009.11.23
  • Андрей
  • www.mql5.com
I will not list all of the new possibilities and features of the new terminal and language. They are numerous, and some novelties are worth the discussion in a separate article. Also there is no code here, written with object-oriented programming, it is a too serous topic to be simply mentioned in a context as additional advantages for developers. In this article we will consider the indicators, their structure, drawing, types and their programming details, as compared to MQL4. I hope that this article will be useful both for beginners and experienced developers, maybe some of them will find something new.
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