3 Simple indicators for MT4

I’m looking for 3 pretty simple indicators for MT4.  All three are to be as flexible as possible and allow the user to select as many variables as possible.

All 3 are to run in an indicator window (each in a separate window) and all three are to operate on any time frame,

  INDICATOR 1

1SiSimple indicator that divides the tick volume for the bar by the absolute value of pip range of the bar and plots that as a graph in a separate indicator window.  In addition there is to be a user selectable scale factor that is applied to the calculation.  This is to be a number that multiplies the output of the tick volume divided by the pip range.

The final calculation is to be:

Indicator = (tick volume)/ (Bar range [Calculation to be selectable as shown below] * Scale Factor.

The calculation for the bar range is to be user selectable from:

a)      High- Low

b)      Open – Close (using the absolute value).

Graph is to be selectable from:

a)      Line graph

b)      Histogram

Scale Factor is to be user selectable from:

a)      Real numbers – it is most likely that the common Scale Factor will be 1, 0.1, 0.02, 0.001 etc.

Indicator is to update as the time for the bar progresses.  There is to be no repainting after the bar closes.

INDICATOR 2

2.        Variation on the WeisWave indicator that is attached.  The indicator calculates the cumulative tick volume between 2 moveable lines on the graph.  The WeisWave calculator calculates the volume between pivot points.  This indicator is to do the same between two moveable lines on the chart.  The indicator is to display in an indicator window.

3.       The enclosed VP indicator shows the VP calculating between two lines.

The idea is to be able to have two pairs of lines on the chart and the indicator will calculate and display the cumulative tick volume between each pair of lines.  So one pair of lines might be called 0 & 1 and the second might be called 2 & 3.  These lines can be moved by the user and the calculations and histograms (or lines) are redrawn (in much the same way that the market profile is calculated between the two lines in the enclosed market profile indicator).

Indicator = (tick volume)/ (Bar range [Calculation to be selectable as shown below] * Scale Factor.

The calculation is to be:

a)      Starting at line 0 set the tick volume to 0

b)      Cumulative Volume [i] = Cumulative Volume[0] + Volume [i]

c)      Calculation continues until line 1.

d)      At line 1 indicator displays as text:

a.       Total Cumulative volume between line 0 & line 1

b.      Total pip range (High – Close) between line 0 & line 1

c.       (Total Cumulative volume) / (Total pip range) (as an integer)

The second calculation is to be:

e)      Starting at line 2 set the tick volume to 0

f)       Cumulative Volume [i] = Cumulative Volume[0] + Volume [i]

g)      Calculation continues until line 3.

h)      At line 3 indicator displays as text:

a.       Total Cumulative volume between line 2 & line 3

b.      Total pip range (High – Close) between line 2 & line 3

c.       (Total Cumulative volume) / (Total pip range) (as an integer)

Graph is to be selectable from:

i)        Line graph

j)        Histogram

Indicator is to update as the time for the bar progresses.  There is to be no repainting after the bar closes.

4.      

INDICATOR 3

A sSimple line graph that draws as a cumulative volume line between two vertical lines (lines 0 & 1) on the chart. 

The maths is pretty simple:

a)       if it is an up bar the volume is added,

b)      if it is a down bar the volume is subtracted,

c)       if it is 0 bar the volume is treated the same way as the prior bar.

Graph is to be selectable from:

d)      Line graph

e)      Histogram