StackMe!

Hello all! Its me again, love it or hate it.
Lately I have been having some big changes in my life and have not had time to dedicate to FF. However, I still want to contribute to the community when I am able, which brings me to this...

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Overview:
You want an alert when EU RSI is overbought, GY is closed bear candle, UC CCI is over 200, EG ADX is less than 40, and UJ crossed below an MA, but all at the same time? What about a simple bear candle alert? A candle pattern alert? Then you're at the right post! Create any combination of alerts that you desire without writing code or compiling any builder software! (depending on version support)

The goal of this indicator is to help alleviate some of the more ubiquitous indicator requests and the time spent in the process of making a request until receiving a program, if at all. I wrote this early last year and feel now ready to post it.

This program I call StackMe!. It is an alert indicator where the user builds the alert signal in real-time by applying a new instance of the indicator to create a signal condition, hence the program name. The created signals are combined into user created groups, such as "Bear Signal", "bull Signal", or "trend change group", etc. The combined signals can be from any chart in the terminal that has the indicator applied. In this current version of the program there are 12 choices for signal sources, such as candles, ADX, MA's, ATR, CCI, RSI, arbitrary values, etc. Instances of the indicator can be added or removed at any time and the group dynamics will adapt accordingly.

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Default Settings: (alerts bear candle)



Stack Group: The name for a group of signals. Entering a group name that does not exist will create a new group
Signal Reset: When to clear the signal for this indicator instance:on a new tick, or, on a new bar
Labels: Draw labels when there is a group signal, on indicator signal, or none
***Label is a simple line drawn from signal source to base source
Label Colour: Label Line colour. Leave on "None" for random colours
Alerts: Send the alert when there is a group signal, or when this indicator instance has a signal, or none
Alert Type: Choose a combination of alerts, notifications, or emails
Message: The message sent in the alert. The message used will be from the last indicator in the group to send a signal
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Signal: The data source for the signal trigger
(The below are parameter settings for the chosen signal data source; not all apply, see example 1&2)
Time Frame: Any default MT4 time frame
Applied Price: Choose High, Low, Open, Close
Position: Index in the data source. Ex: for signal=candle and position=1, this refers to the most recently completed candle
Period/Value: If the chosen data source requires a period or arbitrary value
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GLE: Greater than, less than, equal to, etc. This compares the above signal source to the below base source to trigger a signal
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Base: The data source for the base
(The below are parameter settings for the chosen base data source; not all apply, see example 1&2)
Time Frame: Any default MT4 time frame
Applied Price: Choose High, Low, Open, Close
Position: Index in the data source. ***The base position must be equal to or larger than the signal position!
Period/Value: If the chosen data source requires a period or arbitrary value

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How To Use:

Example 1: Create an alert for when the price crosses an MA to the downside.

1) Apply the first instance of the indicator to the chart. The settings will be so that a signal is generated anytime price at position 2 is above the base MA at position 2.


2)Apply a new instance of the indicator to the same chart. The settings will be so that a signal is generated anytime price at position 1 is below the base MA at position 1.


You should now have two instances of the indicator on the chart.


Now the signals are combined into the group "Bear Price Cross MA". A group alert will not be generated, and label lines not drawn, unless both signals agree (the MA indicator not required)


Example 2: Create an alert for when the EURUSD RSI is less than or equal to 30 and GBPUSD RSI is less than or equal to 30.

1) Apply a new instance of the indicator to the EURUSD chart. The settings will be so that a signal is generated anytime the RSI at position 1 of period 3 is less than 30 (oversold). When using the Value data source the Time Frame, Applied Price, and Position inputs are unused.


2) Apply a new instance of the indicator to the GBPUSD chart. The settings can be different but for ease of illustration they are the same as above on EURUSD.


Now the signals are combined into the group "RSI Oversold". A group alert will not be generated unless both signals agree (the RSI indicator not required)


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Development:

My end goal is to include a trading program to go with it; this program uses GlobalVariables to work across the terminal, and the active signals are easily sorted to write EA programs based on this indicator: 0=signal. Each group uses its own Mutex to ensure signals are not crossed. I have not started an EA for this yet, so feel free to write one and post it to the thread.


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***I will support this program as I have available time. Please seriously consider what you are asking if you want to make a request for modifications
***You might find errors. Please remember this is free for you to use. I will try to fix any errors that appear if available time
***Please reply to the thread with any questions you might have

Download:

-> Version 2.01 removed
-> Version 3.00 - can be found here: https://www.forexfactory.com/showthread.php?t=994479

Hi Beerrun
Welcome back -
and more especially with the innovative idea,appreciations to your creative mind
regards

Thank you my friend. I have been holding onto this idea for a while now; I was unsure if it would prove to be as helpful as I believed it to be.

I think it is a very interesting and promising concept.
I wonder why the Stochastics indicator is missing from your list?
I wonder why the Hull MA is missing from your list (especially HMA20 is a wonderful tool; but who am I to ask: mntiwana knows more about moving averages than I shall ever know)?
Maybe they will turn up eventually.
I don't want to seem pushy or unduly demanding BUT - a first suggestion:
Couldn't you "simply (?)" add a category that lets StackMe use the indicator displayed in the current window as a signal source?
(or add the possibility to enter the name of a custom indicator that is in the indicator folder?)

Off the top of my head I believe the reason they aren't in there is because they use additional parameters and I had not yet found a good way to consolidate them into more input options.

Yes I totally would like to do that. I was actually beginning working on that at some point in time; if looking closely you can see that in example 2 the labels will display on the RSI's but those are separate indicators. However as with all my projects I leave them then come back later and work on something else, so some things are at various stages.

Edit:An idea might have come to me just now, I could add one more input per source, pass in a string and then interpret it to whatever other built in function desired.

I quoted mntiwana because he knows so much about MAs of all kinds (maybe especially Mladen's).
Many of those have - for example - a change of colour related to slope change.
Would it be possible - for example - to read the on-window values of the custom indicator and process it as a signal source?
But - unluckily - I'm only a very interested follower as I can't code myself.
So pardon my ignorance if I come across as naive.
Anyway I'm following the development in order to learn as much as possible.

Beerrun, welcome back

This is a pretty neat idea and project. Something else you can try is make an option for iCustom in signal, and add a selector for number of how many variables the custom indicator has/ needs. Then use a case switch for how many variables to include and add inputs for those iCustom variables in the StackMe inputs (and string for name of indicator). You may also have to give each one a type selection too (int, double, string, bool) and I hope that would cover most of the additions for a custom indicator.

edit: including an image to help with my muddled explanation lol


Best of luck,
Tzamo

I was thinking of something like this:

Just have to find time.

If I understand this correctly this is amazing. Can we use ANY custom indicator? I am in awe of your coding prowess, Beerrun.
update: Ok, I read the description wrong the first time. This is STILL amazing. I am still in awe.
This is a perfect tool to prove/disprove David Aronson's hypothesis about period-based indicators.

Yeah that part you are asking about still needs to be implemented.

man, you spend all this time on "I will code your EA for free".
Isn't your own project much more important? Even for the guys wasting people's time on "I will code your EA for free"?
Just asking - it's none of my business, really.
Your idea is sooo much better than anything they ask for - but that's only my opinion.
All the best.

Haha called out!
Yeah buddy I've been working on it yesterday and today I am very glad there is interest. Currently I have finished the parameter interpreter, so it can look like the most recent picture I showed, using one line for each input side of the GLE. Now I am working on plugging that into iCustom and all the default i-Indicators in mt4. Hopefully (my timelines are never accurate) it will be done this week.

Don't misunderstand me.
I'm not saying: get on with your important work - that and everything else is totaly up to you.
I just think that you have a big time idea right in front of you - which could - theoretically and ever so elegantly - solve problems most people on GIMME MY FREE INDIE are looking for anyway (whether they know it or not is a totally different matter).

No I agree with you and you are getting it exactly correct: i came up with the solution in response to a problem I see, not the other way around. So the benefits of completing this can be very big. Honestly I see no reason why, if implemented correctly, this is not a standard thing inside of the actual trading terminals themselves; I've only used mt4 though so I cannot say for sure.
I have a hard time staying with a project past the proof of concept is the issue. I enjoy the creative side of it and proving it can work.
But this I am trying my best to stick with.

welcome to procrastination, is all I can say.
I - for one - hope that you can finish this project.

I'm trying my best, been working on it every day this week.
An update: currently implemented (not yet posted) are ~170 of MQL4 functions, including every i-indicator (excluding OnArray variants), account functions, chart/window functions, GlobalVariable functions, terminal functions and others. I am working on iCustom today, it is the last thing to do, but will require more creativity since I have to find a way to call it that encompasses all the unknown parameters type, order, and length.

Amazing update -
and iCustom is thingy a kind of more required and used
greetings