Job finished
Execution time 54 days
hi
i want to convert the attached indicator to expert
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This is a combination of two VT Trader trading systems. The first is the default
VT-LevelStop-Reverse and the second is one that was modified to allow customizing
the ATR settings for calculating the stop line. I've tried to combine these 2
versions into a single MT4 indicator.
The default VT version allows you to use two modes, optimized, and manual.
Optimized mode calculates the stop line by using a 14 period EMA smoothed
ATR(14) multiplied by a fixed multiplier of 2.824. In manual mode, you set a
fixed number of pips you want the stop line to be drawn. In my MT4 version,
there are two modes:
1. ATR mode (customizable ATR period, multiplier, and smoothing)
2. Fixed stop mode (customizable fixed stop)
The input parameters are as follows:
* UseATRMode - This calculates the stop line based on ATR using customizable period, multiplier and smoothing.
* NonATRStopPips - If "UseATRMode" is false, then this value is the number of fixed pips to place the stop line.
* ATRPeriod - If "UseATRMode" is true, then this sets the ATR period.
* ATRMultiplier - If "UseATRMode" is true, then the ATR value will be multiplied by this value when calculating the stop line.
* ATRSmoothing - If "UseATRMode" is true, then this will smooth the selected ATR with an EMA of this smoothing period.
* UpArrowColor - The color the Up arrows will display in.
* DnArrowColor - The color the Down arrows will display in.
* ArrowDistance - This can adjust the distance away from the stop line that the arrows appear. By default, the arrows appear directly above or below the stop line. A positive number here will move the arrows further away from the price. A negative number will move it closer to the price.
* AlertSound - If true, this will sound an alert when the reverse condition has been triggered.
* AlertMail - If true, will send email to the email address registered with MT4.
* ShowComment - This will turn on/off the comment on the chart. Turn off if you have other indicators that put data there and you don't want it overwritten.
For the default VT-LevelStop-Reverse behavior, set the following:
UseATRMode = true
ATRPeriod = 14
ATRMultiplier = 2.824
ATRSmoothing = 14
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