It appears that some versions of the TDI indicators being used in the 'Trading Made Simple' system look different live than they do after they have been redrawn. The lines for the current bar are mostly not updated as the bar changes. This results in the chart of an indicator that has been running live looking different form a chart of an indicator that is newly loaded.
The line for the current bar is drawn when the bar opens and then is only updated if the brokers server happens to request an update of the previous bar. Does the author of the original indicator know something the rest of us don't about why MT4 servers request updates of bars or is the slope of the current bar just based on a chance event?
Here are alternative indicators that update the currently open bar as ticks are received and some derivative/supporting indicators.
TDI-Sub.mq4:
A subset of the TDI. No volatility bands. Build 600+
Market base line is not exactly the same but close enough.
TDI-RT-Clone.mq4:
A clone of the TDI that works in MT4 build 600+.
Volatility bands and market base line are not exactly the same but they are close enough.
TMS-Osc.mq4:
The line for the current bar is drawn when the bar opens and then is only updated if the brokers server happens to request an update of the previous bar. Does the author of the original indicator know something the rest of us don't about why MT4 servers request updates of bars or is the slope of the current bar just based on a chance event?
Here are alternative indicators that update the currently open bar as ticks are received and some derivative/supporting indicators.
TDI-Sub.mq4:
A subset of the TDI. No volatility bands. Build 600+
Market base line is not exactly the same but close enough.
TDI-RT-Clone.mq4:
A clone of the TDI that works in MT4 build 600+.
Volatility bands and market base line are not exactly the same but they are close enough.
TMS-Osc.mq4:
- Main Oscillator. Use instead of the TDI indicator.
- Displays the RSI signal, the trade signal and optionally the market base line.
TMS-Osc Cross.mq4:
- Draws arrows on chart showing the crossover of the RSI signal and the Trade signal.
- Optional popup and email alerts on signal crossover.
TMS-Osc Histo.mq4:
- Tape chart of the RSI Signal and the Trade Signal.
- Optional popup and email alerts on tape color change (signal crossover).
@TMSTDI_WatchDog.ex4 by plamendp
- Shows last 2 bars TDI Delta (slope as units per candle)
- Slope Histogram
- Alerts: Popup and Email
- Alerts based on slope value while Green crosses Red
- Repaint/Non Repaint switch
- Alert logging in a file under "experts/files"
- Multitimeframe
- Multisymbol
- Colorize last bar
- Equal to Big E's original "TDI" If all options are left by default
Post with the latest version of @TMSTDI_WatchDog.ex4
xTDI Strong-Histo v1.01
xTDI-Histo v1.11
- Old indicators from the 5 Method thread modified to update on every tick.
- Refer to links provided in download link for more info.
Post with the latest versions of 'xTDI Strong-Histo v1.01' and 'xTDI-Histo v1.11'
TMS-Osc.mq4, TMS-Osc Cross.mq4, TMS-Osc Histo.mq4
Input parameters:
RSI.Settings
- RSI.Period=13;
// RSI Period - RSI.Price=PRICE_CLOSE;
// RSI Price Type: CLOSE=0, OPEN=1, HIGH=2, LOW=3, MEDIAN=4, TYPICAL=5, WEIGHTED=6
RSISignal.Settings
- RSISignal.Period=2;
// RSI Signal MA-Filter Period - RSISignal.Mode=MODE_SMA;
// MA-Filter Method: SMA=0, EMA=1, SMMA=2, LWMA=4
TradeSignal.Settings
- TradeSignal.Period=7;
// Trade Signal MA-Filter Period - TradeSignal.Mode=MODE_SMA;
// MA-Filter Method: SMA=0, EMA=1, SMMA=2, LWMA=4
Arrow.Settings
- Arrow.Type=2;
// 0=Thin, 1=Thick, 2=Hollow, 3=Round, 4=Diagonal Thin, 6=Diagonal Thick, 7=Diagonal Hollow, 8=Fractal, 9=Ribbon, 10=Thumb, 11=Finger - Arrow.Size=1;
// Size of arrow (1-5) - Arrow.Spacing=25;
// Offset from end of candle to show arrow
Alert.Settings
- Alert.Popup=false;
// Popup window & sound on alert - Alert.Email=false;
// Send email on alert - Alert.Subject="Default";
// Email Subject. If "Default" the subject is set by the indicator
Updates:
- 2015-09-09
- Draw arrows on open bar too
- Parameter for alert trigger bar - 2014-12-27
- Updated for build 600+
- Push Notifications - 2014-02-25
- TDI-Sub: A subset of the TDI. No volatility bands. Build 600+
Market base line is not exactly the same but close enough.
- TDI-RT-Clone: A clone of the TDI that works in MT4 build 600+.
Volatility bands and market base line are not exactly the same but they are close enough. - 2011-05-18:
Uploaded v1.04 of TMS-Osc Cross and TMS-Osc-Arrow.
- Fixed: Repeating Alerts. - 2011-05-18:
Uploaded v1.03 of TMS-Osc Cross and TMS-Osc-Arrow.
- Fixed: Timestamp in email alert. - 2011-05-17:
Uploaded v1.02 of TMS-Osc Cross and TMS-Osc-Arrow.
- Fixed: Alerts for bar 1 only. Prevents multiple alerts when MT4 reloads bars. - 2011-05-16:
Uploaded v1.01 of TMS-Osc Cross and TMS-Osc-Arrow.
- Fixed: No alerts after initialization.
Attached File(s)