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HVK Auto MIDAS

4

Automatic MIDAS positioning, the indicator allows the placement of two MIDAS, each one have 3 lines that can be calculated using Open/High/Low/Close/Median/Typical or Weighted prices, you can attach each MIDAS to the Open/High/Low or Close bars of any day, including the current day, once attached, if the price of this bar changes or you change the time frame, the indicator will do the repositioning and recalculation.

You can also do a manual repositioning of the two MIDAS by moving its start label.


Reviews 1
faithdefender
1726
faithdefender 2022.10.13 18:42 
 

It is always risky being the first person to buy an indicator. I played with this thing for hours and got nowhere. It has 4 "modes" but with no instructions. I already own a MIDAS indicator and it works ok IF you can find the starting point, but because this is on MT5, I have no way of comparing. with two sets of lines (red and green) it can overwhelm the chart with lines crossing and gets confusing. I really dont know what it does, but thought it would work similar to the one I own. I give it 1.5 stars, but 3 because of the price...I am using this on the MetaQuotes MT5 available for free. My MT4 is FXChoice, but obviously i cannot use it on there. UPDATE 11-21-22. The Vendor has attempted to make changes. There is no doubt he is trying to solve this and one can tell he put a lot of work into the indicator. By faith, I will continue to figure it out and make it work. One star added. Again, the price was fair, although five activations is absurd for any Vendor. 10 should be minimum.

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faithdefender
1726
faithdefender 2022.10.13 18:42 
 

It is always risky being the first person to buy an indicator. I played with this thing for hours and got nowhere. It has 4 "modes" but with no instructions. I already own a MIDAS indicator and it works ok IF you can find the starting point, but because this is on MT5, I have no way of comparing. with two sets of lines (red and green) it can overwhelm the chart with lines crossing and gets confusing. I really dont know what it does, but thought it would work similar to the one I own. I give it 1.5 stars, but 3 because of the price...I am using this on the MetaQuotes MT5 available for free. My MT4 is FXChoice, but obviously i cannot use it on there. UPDATE 11-21-22. The Vendor has attempted to make changes. There is no doubt he is trying to solve this and one can tell he put a lot of work into the indicator. By faith, I will continue to figure it out and make it work. One star added. Again, the price was fair, although five activations is absurd for any Vendor. 10 should be minimum.

Julio Monteiro
4787
Reply from developer Julio Monteiro 2022.10.14 00:24
I understand your frustration, if you want to help fix the problem, please tell me which broker and symbol you tried to use it on and I'll check what's going on.
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Version 3.0 2022.11.20
1. Correction of ploting of periods greater than diary.
2. Added parameter "Preset" to help hide group of lines, you can choose between 1, 2, 3, 4 or 5 lines per MIDAS.
3. Added parameters "Show" to hide individual lines.
4. Changed buffers names.
5. Changed buffers order.
Version 2.0 2020.06.07
New features:

1) The indicator now has 4 calculation modes, the higher numbered modes draw the lines closest to the price, Mode 1 is the traditional MIDAS, the closest modes are used to enter strong trends with short pullbacks, Mode 4 in particular, it usually anticipates a reversal when the price breaks it completely and starts to go the other way.

2) Now there are two external lines for each MIDAS that can be adjusted to be aligned with that bottom or top that broke the MIDAS but returned to it, that is, a false breakout.
Version 1.22 2019.08.27
Fixed issue of lines disappearing randomly.
Version 1.21 2019.08.21
Fixed issue with not repositioning lines when moving their label.
Version 1.2 2019.08.20
1. Now the period can be Minute, Hour, Day, Week, Month and Year, so you can plot from the maximum of the last two days, or two weeks for example, just specify Merge periods = 2 and can join up to 30 periods.
2. No longer need to enter values in the fields, all are in lists to avoid typos.
3. Resolved conflict between objects when more than one MIDAS was placed on the same chart.
4. Line colors can now be changed using the Label color in the parameter window, this was necessary to allow to save line colors in the .set configuration file.
Version 1.1 2019.07.26
Fixed conflict between labels when more than 1 Auto MIDAS were placed on the same chart.
Parameter names changed from Arrow to Label.