modify Mouteki/ Demark _trend _new indicator? | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Mouteki/Demark Trendlines 19 replies

Mouteki/DeMark Index of FF Threads 4 replies

Mouteki? DeMark? Whatever! 5 replies

Mouteki vs Tom Demark 2 replies

Mouteki Indicator for GFT? 1 reply

Attachments: modify Mouteki/ Demark _trend _new indicator?
Exit Attachments

modify Mouteki/ Demark _trend _new indicator?

  • #41
  • Oct 6, 2006 5:19am Oct 6, 2006 5:19am
looks pretty good light. seems like everything is working good. thanks for your interest and work. i am sure everyone will be using this indicator now.
  • #42
  • Oct 6, 2006 5:25am Oct 6, 2006 5:25am
Hello,


This thread sounds very interesting with some great people trying to improve on the Mouteki. Can someone please give me a summary of this method? I have found that sometimes reading through all the posts confuses me more than just getting the basic premise and testing it from there.

Thank You
All 4 1 and 1 4 All
  • #43
  • Oct 6, 2006 5:58am Oct 6, 2006 5:58am
Quoting Vince-AC
looks pretty good light. seems like everything is working good. thanks for your interest and work. i am sure everyone will be using this indicator now.
I found out the problem with the way mouteki indicator draws lines. It doesn't wait for two candles on either side of the bar. Demark does.
"The market will rally from this or lower levels"
  • #44
  • Oct 6, 2006 10:14am Oct 6, 2006 10:14am
i thought so
  • #45
  • Oct 6, 2006 11:10am Oct 6, 2006 11:10am
I had been wishing for an email alert. Thanks LightKeeper.
  • #46
  • Oct 6, 2006 7:24pm Oct 6, 2006 7:24pm
Quoting imbiber
I had been wishing for an email alert. Thanks LightKeeper.
imbiber,

That's cool. BUT the mouteki indicator version with timebar (the most recent version that has been posted) had an email alert in it already, thanks to the original programmer.

I've only changed it to stop it from deleting all other objects (eg your own trendlines or fibo lines etc) when you change timeframes

Speaking of the original programmer.....

if you're reading this, thank you for writing this script and I hope you don't have a problem with me messing around with this AWESOME indicator a bit just to make it a little bit more user friendly. MQ4 is a difficult API to work with, partically due to lack of adquate documentation out there and this is an indicator that kicks butt
"The market will rally from this or lower levels"
  • #47
  • Oct 6, 2006 7:29pm Oct 6, 2006 7:29pm
It has been pointed out that the Demark indicator draws trendlines more in accordance with the Demark principle and with the mouteki rules than does the mouteki indicator. The differences are subtle but can be important at times.

I've added email alerts and alerts to the Demark indicator but then someone pointed out that it gives signals at the wrong times (sometimes).

I'm currently working on a fix for that. I won't get techincal here about how I'm going about it. But the fix is well under way, in fact it's done and it's being tested now.

I won't release it publicly until it's been tested thoroughly (probably Wednesday). I'll post a new thread in the forum just to notify everyone that it's available.

Eventually I'm going to also add to it a stoploss line and a take-profit line.

Lighty

And I remind everyone, indicators are a cool tool to work with but nothing should be used blindly without watching the market for yourself or at least checking that an indicator signal conforms with the rules of the method.
"The market will rally from this or lower levels"
  • #48
  • Oct 6, 2006 8:11pm Oct 6, 2006 8:11pm
Who is this Light Keeper guy ??? Whoever he is, he is truly God sent

Thanks buddy
  • #49
  • Oct 6, 2006 8:17pm Oct 6, 2006 8:17pm
LightKeeper,

You sure are the "light at the end of the tunneL". Thank you for all of your help
All 4 1 and 1 4 All
  • #50
  • Oct 9, 2006 11:48am Oct 9, 2006 11:48am
Lightkeeper----You are the man!


Guys, i have been using the indicator posted in this forum, and i found it great... but there is one thing i will like to ask:

The indicator has signal alarm and mail alarm. The problem is that in those alarms, EVERITHING is sended by mail; i mean everytime a brake level occours, we have the alarm.
This is great if you are already in the trade; But if you are not, and you are looking for the trade, what will happend?, you will become crazy, because everytime you here a sound for the MT4, you will be looking for the arrow simbol to enter.

The solution for this is real simple:

Im attaching a indicator, that shows how much time is remaining to the candlestick to close, regardless the time frame. so what you need to do is put the indicator in any window, at the 4 hour timeframe, minimize the window, and get that alarm (alarm2.wav), and that will be the sound for the the candlestick to close, and the new to come (the alarme default setting is 2 min prior candlestick to close).

What i will like to reques from this thread, is if anyone can add to the indicator the option of email alarm, so you can also be notified by email.

tnx to all
Attached File(s)
File Type: mq4 bar_close_alarm_V1.mq4   2 KB | 655 downloads
Have a good day and a good trade!
  • #51
  • Oct 9, 2006 11:53am Oct 9, 2006 11:53am
Quoting jtacher
Lightkeeper----You are the man!


The indicator has signal alarm and mail alarm. The problem is that in those alarms, EVERITHING is sended by mail; i mean everytime a brake level occours, we have the alarm.
Hehehe....sorry, WHICH indicator?
"The market will rally from this or lower levels"
  • #52
  • Oct 9, 2006 12:21pm Oct 9, 2006 12:21pm
Quoting jtacher

What i will like to reques from this thread, is if anyone can add to the indicator the option of email alarm, so you can also be notified by email.

tnx to all
Like this one?
Attached File(s)
File Type: mq4 bar_close_alarm_mail_V1.mq4   2 KB | 547 downloads
"The market will rally from this or lower levels"
  • #53
  • Oct 9, 2006 12:28pm Oct 9, 2006 12:28pm
I've noticed it didn't have a deinit function and if you removed the indicator from the chart, it didn't remove the comment.

Fixed that too.
Attached File(s)
File Type: mq4 bar_close_alarm_mail_V1.mq4   2 KB | 656 downloads
"The market will rally from this or lower levels"
  • #54
  • Edited 11:30pm Oct 9, 2006 12:30pm | Edited 11:30pm
Quoting LightKeeper
Like this one?
Wow.... thats fast.
Honestly you make me smile when i saw your post just 15 min from mine.
i want to tnx you, really.
Itīs because of guys like you is great to be in this forums.
tnxs again
Have a good day and a good trade!
  • #55
  • Oct 9, 2006 12:46pm Oct 9, 2006 12:46pm
Quoting jtacher
Wow.... thats fast.
Honestly you make me smile when i saw your post just 15 min from mine.
i want to tnx you, really.
Itīs because of guys like you is great to be in this forums.
tnxs again

jaime
De nada, amigo.

It was just one line
"The market will rally from this or lower levels"
  • #56
  • Oct 9, 2006 5:30pm Oct 9, 2006 5:30pm
There is a very easy and simple way to get notifications (works for this method or anyone):

A) add the indicator here posted to any pair at the 4 hour time frame
**tnx to lightkeeper for email notification***
This indicator will give you an audible alert as well and e mail alert
B) allow, under options in mt4 to send e mail alerts (to do so you will need 2 emails accounts, one with a smtp server and the other can be any type of e mail -yahoo, hotmail, gmail, whatever-
C) by doing this you will receive and e mail notification
D) install the program POP PEEPER (its a freeware), that is attached to this post
E) Add on the pop peeper the account in witch you are receiving your MT4 notificacion
F) set the pop peeper to check your email each 10 mins

and you are done, every 10 mins you will be notified until the change of the 4 hour new candlestick, when that occours, attach the indicator (demar_trend_alert_and_mail) to your chart, and check if there is a trade or not.

note: you can attach any sound to the pop peeper. in my case i have a loud wav file to notify me.

hope it works for you
Attached File(s)
File Type: zip POPPeeper-Install.zip   1.2 MB | 836 downloads
Have a good day and a good trade!
  • #57
  • Oct 10, 2006 5:23am Oct 10, 2006 5:23am
Quoting LightKeeper
Hi there

I've played around with it and changed some things for you.
I've introduced a new variable "CustomFeatures". It's set to "true" by default. If this variable is true, you can change the colors and line widths using the indicator's setup. If you turn CustomFeatures to "false", things go back to the original situation. There's a couple of reasons I did this:

1. It was the quickest way to deal with the problem;
2. Those colors were there for a reason

Line width is set using a simple number method, the bigger the number, the thicker the line. This variable affects trend lines only; channel lines and takelines remain their original thickness (pretty thin). I assumed you're not really concerned with those. But if I'm wrong, let me know.

Finally, I've turned off all those colorful, pretty arrows (they're actually red and blue circles but they're "arrows" in MT4 terms). I understand you're after trendlines only and not wanting to see every single fractal. They can be turned back on by setting "ShowArrows" to "true". They're "false" by default. If you want to change the default, open the indicator using metaeditor, and change the line "extern ShowArrows=false;" to "extern ShowArrows=true;".

Please let me know exactly when you want alerts to happen. Do you also want an email alert? As soon as you tell me more details on that, I'll try to make some alerts for you.

I hope this helps. Let me know what you think.

Lighty


Hi Lighty
I have proplems open your files what program can I use?
thanks bshcom
  • #58
  • Oct 10, 2006 8:33am Oct 10, 2006 8:33am
Quoting bshcom
Hi Lighty
I have proplems open your files what program can I use?
thanks bshcom
MetaEditor opens MQ4 files
"The market will rally from this or lower levels"
  • #59
  • Oct 10, 2006 9:27am Oct 10, 2006 9:27am
Quoting LightKeeper
MetaEditor opens MQ4 files

thanks Lighty
bsh
  • #60
  • Oct 30, 2006 12:47am Oct 30, 2006 12:47am
Quoting LightKeeper
MetaEditor opens MQ4 files
Hello Lightkeeper. You seem very friendly and helpful in helping others.I would like to make few requests from you if you dont mind.

What is your current indicator that you're using right now.

and... how do i use the EA?

Sorry for the noob questions as I'm still a newbie...

ps- i used to study in RMIT ..cheers mate
0 traders viewing now