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Hi Mr. Tools or Mladen, could you create a Stochastic Oscillator with levels 20, 0, 80 and with an alarm / arrow / Email / message on the zero cross?
That would be awesome!
One version that is multi time frame and has alerts was posted here : https://www.mql5.com/en/forum/180648/page519 but that one is alerting on slope change not 50 (I assume you meant 50 not 0) cross. Try it out. Maybe we can use that one as a basis
Hi Mladen, it's not on the slope change.
It's in fact a combination of the standard AO with zero level added and a stochastic oscillator when it crosses that zero level of the AO. (See Ozfx system).
PS: A nice feature would be if the stochastic oscillator could also alert when it crosses the 50 level of the stochastic oscillator as you mentioned in your earlier post. Then I could choose which one I could use.
Greetings,
Fred
Hi Mladen, it's not on the slope change.
It's in fact a combination of the standard AO with zero level added and a stochastic oscillator when it crosses that zero level of the AO. (See Ozfx system).
PS: A nice feature would be if the stochastic oscillator could also alert when it crosses the 50 level of the stochastic oscillator as you mentioned in your earlier post. Then I could choose which one I could use.
Greetings,
FredFred
See this code (that is the main code of the indicator) :
sig = iStochastic(NULL,0,StoKPeriod,StoDPeriod,StoSlowing,SignalMode,StoPrice,MODE_SIGNAL,i);
trend = trend;
if (sto>sig) trend= 1;
if (sto<sig) trend=-1;That is all the calculation done in that indicator so, it is a pure stochastic. My error is that I wrote that it is alerting on slope while it is alerting on stochastic to signal line cross. Other than that, no other errors
Anyway, will make one that will work exactly as you asked for and will post it here
Momentum of Averages Histo_mtf+alerts 2 from here: https://www.mql5.com/en/forum/general updated to be compatible with new mt4 builds.
A bit different momentum of averages - in this version the momentum trend is determined from the zero line cross and not from the slope of the momentum (it is a bit more "tamed" this way) and the momentum is calculated form the average values only (disregarding "raw" prices in order to keep it that "tamed")
This is how it looks with default settings using super smoother (which is very good for that purpose - being a very "fast" and smooth) on a current time frame (so this is not a multi time frame mode example)
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PS: when this version is concerned, probably it is better to use shorter momentum periods for faster momentum response (from fast visual tests it seems that periods 8 to 10 are good choice but I highly recommend experimenting with that parameter)
updated version posted here: https://www.mql5.com/en/forum/general
Hi Mr. Tools or Mladen, could you create a Stochastic Oscillator with levels 20, 0, 80 and with an alarm / arrow / Email / message on the zero cross?
That would be awesome!
Hi Fred, Made this one it's mtf with a choice of arrows or alerts on signal cross and or 50 cross.
DTOSC bells and whistles updated : dtosc_2.06__bellsampwhistles_nmc.mq4
Originally it was posted here : https://www.mql5.com/en/forum/general
Hello Mladen,
Trust you had a great weekend.
Would you please be kind enough and replace the arrows on this indicator for me by vertical lines running through the candles?
Please forgive the renaming of the indicator, but it shows you how much I like it.
Thanking you in advance.
Continued success to you.ValeoFX
Here is this version. Try it out
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Updated version posted here : https://www.mql5.com/en/forum/general
Updated #DTosc 2.05 + Bells&Whistles-M-5 only : dtosc_2.05__bellsampwhistles-m-5_only_nmc.mq4
Originally posted here : https://www.mql5.com/en/forum/general
DTOSC_WIN_5TF_DOT updated to use "#DTosc 2.05 + Bells&Whistles-M-5 only nmc" indicator : dtosc_win_5tf_dot_nmc.mq4
Originally it was posted here : https://www.mql5.com/en/forum/general