Indicators by nezinu

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In this thread I will post MT4 indicators made by me.

Here goes first one. I called it treideri_v1.

It combines MA, Envelope, Stochastic + MACD and some trading rules.

1) fast, slow, signal - MACD indicator parameters

2) periods - Stochastic K parameter

3) augsRob and apaksRob parameters are specific to Stochastic + MACD combination. The values must be between 0 to 100.

4) maPerS, maPerF - Moving average periods. maPerS (slow) > maPerF (fast)

5) timeFreims - you can set the time frame for moving average.

If you attach indicator to H1 chart, than you can set timeFreims parameter equal to 60 (H1), 240 (H4), 1440 (D1), ... , but do not set it smaller than 60. You can put in value that is equal to current time frame or greater time frame, but not smaller.

6) envPer, envDev - Envelope parameters.

Files:
capture_034.gif  32 kb
treideri_v1.mq4  4 kb
 

I placed this on H1 chart with default settings and it shows all short red arrows. Scrolling back I don't see any long entries anywhere -- must be a bug?

 

change color to other than green - you'll se it

 
robp:
I placed this on H1 chart with default settings and it shows all short red arrows. Scrolling back I don't see any long entries anywhere -- must be a bug?

If you want to use it on smaller time frames than H4, then try to increase periods value, the default 15 will be too small.

and yes, change the color for arrows

 

Thanks for sharing this indi!

 

thanks for sharing

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