My MT4 indicators for Auslanco's strategy

Since FF now allows us to edit the first post of a new thread all the time, this will make it easier to release certain indicators that are still in development. This topic is for the indicators I have written or modified for Auslanco's various strategies. I will keep posting the current versions in the first post here so you can always find the latest.

MT4-LevelStop-Reverse version 2.0
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:

1. UseATRMode - This calculates the stop line based on ATR using customizable period, multiplier and smoothing.
2. NonATRStopPips - If "UseATRMode" is false, then this value is the number of fixed pips to place the stop line.
3. ATRPeriod - If "UseATRMode" is true, then this sets the ATR period.
4. ATRMultiplier - If "UseATRMode" is true, then the ATR value will be multiplied by this value when calculating the stop line.
5. ATRSmoothing - If "UseATRMode" is true, then this will smooth the selected ATR with an EMA of this smoothing period.
6. UpArrowColor - The color the Up arrows will display in.
7. DnArrowColor - The color the Down arrows will display in.
8. 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.
9. AlertSound - If true, this will sound an alert when the reverse condition has been triggered.
10. AlertMail - If true, will send email to the email address registered with MT4.
11. 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 Auslanco's 15M strategy, use the following settings:
UseATRMode = true
ATRPeriod = 28
ATRMultiplier = 2
ATRSmoothing = 0

For the default VT-LevelStop-Reverse behavior, set the following:
UseATRMode = true
ATRPeriod = 14
ATRMultiplier = 2.824
ATRSmoothing = 14

To use this indicator, copy it to your <MetaTrader Folder>\experts\indicators folder. Then restart MT4. It will appear in the custom indicators list.

Before installing, go to your <MetaTrader Folder>\experts\indicators folder and delete any previous copies. The files to delete are:
MT4-LevelStop-Reverse.mq4
MT4-LevelStop-Reverse.ex4
MT4-LevelStop-Reverse-vB0-2.mq4
MT4-LevelStop-Reverse-vB0-2.ex4
MT4-LevelStop-Reverse-vB0-3.mq4
MT4-LevelStop-Reverse-vB0-3.ex4
MT4-LevelStop-Reverse-vB0-4.mq4
MT4-LevelStop-Reverse-vB0-4.ex4
MT4-LevelStop-Reverse-v1.mq4
MT4-LevelStop-Reverse-v1.ex4

Revision History

Version Beta 0.2

1. Minor bug fixes.
2. Remove extra "UseVTDefault" option.
3. Add smoothing option for compatibility with default VT version.

Version Beta 0.3

1. Delete objects at startup.
2. Use a more unique object name prefix.
3. Change ATRBuffer and SmoothBuffer to be non-indicator buffers.
4. No need for UpSignal and DnSignal to be buffers.
5. Change arrows to display at the stop line.
6. Fix bug on current bar drawing that would cause multiple arrows to appear.

Version Beta 0.4

1. Fix bug in non-indicator buffers that was causing erroneous data in the ATR buffer and smoothing buffer.

Version 1.0

1. Fix some problems with the original VT formula that caused arrows to be drawn incorrectly if the price closed at the exact same level as the stop line.Fix bug in non-indicator buffers that was causing erroneous data in the ATR buffer and smoothing buffer.
2. Add some print statements for arrow tracking.
3. Always smooth, just use 1 for a value if no smoothing is indicated.
4. Add ShowComment option

Version 2.0

1. Fix multiple arrows being drawn in the same place.
2. Try to fix an issue where arrows sometimes disappear.
3. Add alerts.
4. Name arrow objects incrementally rather than via random number.

Momentum-ZL
This is just a quick change to the default momentum indicator to put the line at zero instead of 100 to make it more compatible with the VT Trader momentum. Other than that, not much different.

Momentum-Multi v1.0
Lately, Auslanco has been using 3 momentum periods for his analysis. This indicator allows you to specify 3 different momentum periods in the same indicator to save space. This one has both an MT4 and a VT version. The VT version is called "vt_Momentum Multi.vtscr" and the MT4 version is called "Momentum-Multi.mq4".

Momentum-Start-v1.0
This indicator was developed as an analysis tool to go with Auslanco's Momentum strategies. Because Auslanco pays a lot of attention to what the momentum indicator is pointing to at the beginning of a new bar, this indicator captures the momentum reading at that time and displays it to the user.

The display is a series of alternating colored short line segments. Each segment spans just 2 bars. Each individual line segment is showing what the momentum reading was at the beginning of the most recent bar of the two.

A standard momentum line is drawn in a light colored dotted line so you can see the actual momentum readings when they differ.

I wouldn't expect people to have this indicator on the charts all the time, but it can be used as an analysis tool to verify the validity of momentum readings and to remember what it said at the beginning of various bars.

It has one input parameter which is "MomPeriod". This is simply the momentum period you wish to use.

Revision History

Version 1.0

1. Initial release

Version 1.1 (18 Nov 2007)

1. Changed name
2. Added support for 2 hour charts

MT4-StochasticRSI-Ocsillator v1.1
This is a port of the VT Trader Stochastic-RSI-Oscillator to MT4. The new version (1.1) fixes a bug in the calculations that was causing values above 100 and less than zero. Should look more like the VT version now.

Input Parameters:
RSIPeriod = The RSI Period to use (Default 8)
PeriodK = The Stochastic %K period. (Default 8)
SlowPeriod = The final smoothing (slow) value (Default 3)

Revision History

Version 1.0

1. Initial Release

Version 1.1 (14 Nov 2007)

1. Fixed bug in calculation of hhv/llv to use current bar. This prevents values over 100 or less than zero.

BarClock
This was modified from another indicator I found somewhere. This indicator shows up in the chart window and just shows the time the current bar has been active so you can see easily when it will close. It also can display the server time, but since that's displayed by default above the current prices, it is off by default.

Since I've reached the total of downloads I can add to this post, I will provide a link to the indicator.

BarClock.mq4

Other indicators that are useful for Auslanco's strategy can be found at the website here

Maybe you can also add the Gann indicator for everything to be in order.. Thnx for organising

Good thinking with this new strategy/indicator update thread Bruce.

M2B

Thank for the great indicators.....

Bruce, Can you please add the Gann Hi Lo and the TFT as well, as I am definitely a happy man with your results.

hey bruce can you post the QQE alert indicator in .mp4 format please

ok i found this indicator guys how close is this to the QQE alert and what should the inputs be and someone please post the Gann HiLo Activator in .mq4 format please.

Sorry for two new versions of the level stop reverse indicator, but I found a pretty nasty bug in version B.03. I've updated the first post. Also by popular request, I've added Que's latest Gann Hi/Lo and QQE indicators to the first post as well.

Bruce

You should not be sorry....we should be thankful for your time and kindness to work on this. THANK YOU!

thank you

I removed only the Comment() function because it erased useful comments of another Indicator

Splendid Contributions ! Thanks a lot, Bruce!

Hi Bruce
Thanks for this thread, can you check this template, never created one before. Should contain all the updated indicators.



not sure if it can be downloaded by itself, or would someone need to save all the indicator also.

kind regards

MPP

I'm happy to say that I'm now releasing version 1.0 of the level stop reverse indicator. The beta period has ended and I feel comfortable that I've addressed all the known bugs and the indicator is working properly. Version 1.0 has some minor fixes from the last beta so I would suggest moving to it when you have a chance.

Thanks to everyone for your feedback during the beta versions.

Bruce

we really do appreciate all the good work you've done!

i like your programming style, and hope for u to move forward!

Thanks a lot Bruce

Thanks Bruce for all the work you have done with these Indicators and for answering the PM's I sent you before. Cheers

great job buddy

Hi Bruce

Would it be easy to add an alert/and or pop-up for the MT4-LevelStop-Reverse indicator please?

Either when line is broken mid-candle or along with the arrow at the end of candle

Would be very grateful for this

Many thanks

Jason

Hi Jason,

I'll look into this. Have had a couple requests for this feature. I have a few bug fixes in the works as well for V2.

Bruce

Hi Bruce

That would be great, looking forward to v2

You and Aus have stated:

For Auslanco's 15M strategy, use the following settings:
UseATRMode = true
ATRPeriod = 28
ATRMultiplier = 2
ATRSmoothing = 0

Can those settings be used for the 1hr/4hr system also? or should the default settings be used?

Many thanks

Jason