Long time ago I have downloaded the "TDI new Alert"-Indicator from (I think) codebase/mql4.com. Now it came back to my mind as I were looking for an substitution for the cci. Anyway - I had a look to it and did some changes/additions. It is possible to choose the alertcandle, have the pushnotification alert also, nearly every parameter is external and changeable (alert levels, colors, ma-rsi-settings, etc.).
I did not change the way of calculation. I changed the name ans version also - to "TDI Alerts v2a.mq4", imho that makes sense because of all the mods./additions (previous version was 2.0) ...
For all of you who do not exactly know how the signals are generated (strong buy, weak buy, etc. pp.), here is a short "cheat-sheed" I wrote:
Btw - if you open the mq4-file in the editor, you can read (on top) a short introduction to the traders dynamic index by his developer, Dean Malone (2006). And I do not want to forget to mention Tim Hyder (Hiachiever) who has rewritten the entire indicator in 2008 (and added lots of stuff also, see changelog in the sourcefile).
edit 05.12.2013: OnChart-version attached (show the tdi on the chart). Please re-download TDI Alerts v2a also, I have found a few bugs and added an option: UseStochInsteadOfRsi. If it is=true, we'll use stochastics-calculation instead of the rsi. Enjoy
I did not change the way of calculation. I changed the name ans version also - to "TDI Alerts v2a.mq4", imho that makes sense because of all the mods./additions (previous version was 2.0) ...
For all of you who do not exactly know how the signals are generated (strong buy, weak buy, etc. pp.), here is a short "cheat-sheed" I wrote:
QuoteDislikedSIGNAL GENERATION:
------------------
The TDI (Traders Dynamic Index)
===============================
Volatility Band High (VB HIGH), color: SkyBlue, buffer: UpZone
Volatility Band Low (VB LOW), color: SkyBlue, buffer: DnZone
RSI PRICE LINE (RSI), color: Green, buffer: MaBuf
MARKET BASE LINE, color: Yellow, buffer: MdZone
TRADE SIGNAL LINE, color: Red, buffer: MbBuf
TRADE SIGNAL2 LINE, color: Aqua, buffer: McBuf, -> has no function for signal generation!
Indicator SignalLevels:
RSI_OversoldLevel : 23 (default: 32)
RSI_OverboughtLevel : 78 (default: 68)
VB_ConsolidationLevel : 20 (default: 20)
Conditions:
===========
Strong Buy: RSI>TRADE SIGNAL LINE && TRADE SIGNAL LINE> MARKET BASE LINE && RSI>RSI_OversoldLevel && RSI<RSI_OverboughtLevel
Medium Buy: RSI>TRADE SIGNAL LINE && RSI> MARKET BASE LINE && TRADE SIGNAL LINE< MARKET BASE LINE && RSI>RSI_OversoldLevel && RSI<RSI_OverboughtLevel
Weak Buy: RSI>TRADE SIGNAL LINE && TRADE SIGNAL LINE<MARKET BASE LINE && RSI< MARKET BASE LINE && RSI>RSI_OversoldLevel && RSI<RSI_OverboughtLevel
Strong Sell: RSI<TRADE SIGNAL LINE && TRADE SIGNAL LINE< MARKET BASE LINE && RSI>RSI_OversoldLevel && RSI<RSI_OverboughtLevel
Medium Sell: RSI<TRADE SIGNAL LINE && RSI< MARKET BASE LINE && TRADE SIGNAL LINE> MARKET BASE LINE && RSI>RSI_OversoldLevel && RSI<RSI_OverboughtLevel
Weak Sell: RSI<TRADE SIGNAL LINE && TRADE SIGNAL LINE> MARKET BASE LINE && RSI> MARKET BASE LINE && RSI>RSI_OversoldLevel && RSI<RSI_OverboughtLevel
HIGH LEVEL CAUTION (Overbought): RSI>=RSI_OverboughtLevel
LOW LEVEL CAUTION (Oversold): RSI<=RSI_OversoldLevel
TrendSignals:
=============
Strong Up: TRADE SIGNAL LINE>MARKET BASE LINE
Weak Up: TRADE SIGNAL LINE>MARKET BASE LINE && RSI<MARKET BASE LINE
Strong Down: TRADE SIGNAL LINE<=MARKET BASE LINE
Weak Down: TRADE SIGNAL LINE<=MARKET BASE LINE && RSI>=MARKET BASE LINE
Consolidation: VB HIGH-VB LOW<VB_ConsolidationLevel
Btw - if you open the mq4-file in the editor, you can read (on top) a short introduction to the traders dynamic index by his developer, Dean Malone (2006). And I do not want to forget to mention Tim Hyder (Hiachiever) who has rewritten the entire indicator in 2008 (and added lots of stuff also, see changelog in the sourcefile).
edit 05.12.2013: OnChart-version attached (show the tdi on the chart). Please re-download TDI Alerts v2a also, I have found a few bugs and added an option: UseStochInsteadOfRsi. If it is=true, we'll use stochastics-calculation instead of the rsi. Enjoy
Attached File(s)
TDI Alerts v2a.mq4
40 KB
|
19,148 downloads
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Uploaded Dec 5, 2013 12:16pm
OnChart.TDI Alerts v2a.mq4
36 KB
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14,710 downloads
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Uploaded Dec 5, 2013 12:17pm
TDI Alerts v2a.ex4
13 KB
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14,425 downloads
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Uploaded Apr 6, 2014 11:32am
OnChart.TDI Alerts v2a.ex4
15 KB
|
13,041 downloads
|
Uploaded Apr 6, 2014 11:32am
PM me with coding requests and I'll probably put you on my ignore list