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My MT4 modified indicators and collection

  • #1
  • First Post: Edited 10:20pm Sep 15, 2007 12:54pm | Edited 10:20pm
I'm not really a great programmer but sometime I can modify some indicators to make our trading life easier. Attached are some modified indicators and some useful ones too. Most of these indicators are not mine. Credits are in the source codes.

_____________________________________________________________
I modified the MA crossing indicator so we can have a Stochastic crossing indicator. The crossing is the %K & %D crossing. It has an alert too. It'll alert only once per crossing and not every bar. In addition, it has an e-mail alert. The alert can be turn on or off. You can choose 10 different arrow styles:

http://img101.imageshack.us/img101/4...rowtypege3.gif

Typical alert messages:
EURJPY (M30): Stoch (30,10,10) crosses UP
EURJPY (M15): Stoch (30,10,10) crosses DOWN

Kewl ! The color Stochastic is not mine.

http://i43.photobucket.com/albums/e3...y09142007a.gif
Attached File(s)
File Type: mq4 Color Stochastic.mq4   5 KB | 21,411 downloads
File Type: mq4 Stoch Crossing.mq4   9 KB | 21,784 downloads
  • #2
  • Edited 1:34pm Sep 15, 2007 12:56pm | Edited 1:34pm
Stoch Histogram. Set 2 levels: 23.6 and -23.6. Buy when the price crosses up -23.6. Sell when the price crosses down 23.6. Green histogram means it's in an uptrend. Red histogram means it's in a downtrend.

http://i43.photobucket.com/albums/e3...d07172007a.gif
Attached File(s)
File Type: mq4 StochHistogram.mq4   3 KB | 15,234 downloads
  • #3
  • Sep 15, 2007 1:10pm Sep 15, 2007 1:10pm
http://i43.photobucket.com/albums/e3...x/dzstoch1.gif

Inspired by the Dynamic Zone RSI, I modified it to use Stoch instead. You make your own rule to trade.

In the top 4 windows:
Lime line = Stoch(14,3,3)
Blue line = EMA(5)
Red line = median line of the Bollinger Band(18) or SMA(18)

Use it together with Bollinger Squeeze v. 8. Blue histogram means it's squeezing; do not trade. Red histogram means it's in a downtrend. Green histogram means it's in an uptrend.
Attached File(s)
File Type: mq4 DynamicZoneStoch.mq4   4 KB | 9,076 downloads
File Type: mq4 BBflat.mq4   2 KB | 6,871 downloads
File Type: mq4 Bollinger Squeeze v8.mq4   5 KB | 8,906 downloads
  • #4
  • Edited 1:31pm Sep 15, 2007 1:13pm | Edited 1:31pm
This one is not mine. When stoch is in the overbought/oversold area, the candlesticks will have different colors. I think red candles mean they're in the overbought area. Green means it's in the oversold area.

http://i43.photobucket.com/albums/e3...y09142007a.gif
Attached File(s)
File Type: mq4 Stoch Candle OverBought-Sold.mq4   6 KB | 15,132 downloads
  • #5
  • Sep 15, 2007 1:23pm Sep 15, 2007 1:23pm
Sometime you post a chart and we don't know which MA is which. So I modified the indicator to show what color belongs to which MA. Attached is a template so you can use it to modify. It's easier to see how it was set up. You can display the info in any 4 corner: upper left, upper right, lower left, lower right. In this set up, I display the info in the upper right corner.

http://i43.photobucket.com/albums/e3...y08242007a.gif
Attached File(s)
File Type: mq4 MovingAverages1.1.mq4   7 KB | 5,995 downloads
File Type: tpl MovingAverage.tpl   5 KB | 4,490 downloads
  • #6
  • Sep 15, 2007 1:27pm Sep 15, 2007 1:27pm
http://i43.photobucket.com/albums/e3.../EMA3EMA18.gif http://i43.photobucket.com/albums/e3...bbandEMA18.gif

I modified the Bollinger Band indicator so we can choose mode SMA, EMA, SmoothMA, or LWMA.
If you trade MA crossings, then this is for you. With a Bollinger Band around the MA, you have more advantages.
Attached File(s)
File Type: mq4 Bands.mq4   3 KB | 7,574 downloads
  • #7
  • Sep 15, 2007 1:49pm Sep 15, 2007 1:49pm
http://i43.photobucket.com/albums/e3...SDCHF0615a.gif

If you use Pivot, Math Murrey, and Fibonacci indicators, after awhile, you can't see the market price anymore. Here's a useful indicator that will magnify the price real big. I modified it and now you can place it in any corner of the screen. In addition, you can change the font, and the size. In the above picture, you can see the market price in the lower left corner.
Attached File(s)
File Type: mq4 Magnified Market Price.mq4   1 KB | 7,814 downloads
  • #8
  • Sep 15, 2007 2:01pm Sep 15, 2007 2:01pm
http://i43.photobucket.com/albums/e3...URUSD0615a.png

Another useful indicator is the b-clock. I think "b" stands for bar. It'll let you know how much time is left until the end of that bar. If you use the 1-hour chart, you can look at the wall clock and estimate how much time is left until the next bar. But if you use the 4-hour chart, there's no time to calculate. Let the indicator do its job and we concentrate on something else. I modified it so you can change the color now. In the above picture, the time is display in the comment and on the right of the last bar.
Attached File(s)
File Type: mq4 b-clock.mq4   2 KB | 8,738 downloads
  • #9
  • Sep 15, 2007 4:02pm Sep 15, 2007 4:02pm
http://i43.photobucket.com/albums/e3...f09142007a.gif

I modified the MA crossing indicator to add in a pop-up alert, e-mail alert and you get to choose 10 different arrow styles. The alert will pop up only once and not every bar. The alerts can be turn on or off.

Typical alert messages:
EURJPY (M30): EMA(4) crosses UP EMA(8)
USDCHF (M15): SMA(5) crosses DOWN EMA(12)

http://img101.imageshack.us/img101/4...rowtypege3.gif
Attached File(s)
File Type: mq4 2MA Crossover.mq4   8 KB | 8,002 downloads
  • #10
  • Sep 15, 2007 4:24pm Sep 15, 2007 4:24pm
Hi Banzai,
Great modifications. They rock !! Certainly makes it easier to read the indicators. Thanks.
I have a request. Do you think you could help me modify the KasePeak to MTF ( muititimeframe)
Could you also see if you could improve this indicator so that it does not slow down the PC ?

Thanks in advance
Attached File(s)
File Type: mq4 KasePeakOscilator_v1.mq4   3 KB | 6,848 downloads
  • #11
  • Sep 15, 2007 5:30pm Sep 15, 2007 5:30pm
[quote=highway;1594870]Hi Banzai,
Great modifications. They rock !! Certainly makes it easier to read the indicators. Thanks.
I have a request. Do you think you could help me modify the KasePeak to MTF ( muititimeframe)
Could you also see if you could improve this indicator so that it does not slow down the PC ?

Thanks in advance[/quote


how can i set these indications on my MT$
which of the files in the meta editor do i attach to the chart.
  • #12
  • Sep 15, 2007 7:49pm Sep 15, 2007 7:49pm
Quoting highway
Hi Banzai,
Great modifications. They rock !! Certainly makes it easier to read the indicators. Thanks.
I have a request. Do you think you could help me modify the KasePeak to MTF ( muititimeframe)
Could you also see if you could improve this indicator so that it does not slow down the PC ?

Thanks in advance
To improve it I have to rewrite the code but I don't understand the formula so it's not possible. Beside my programming skill is limited.
  • #13
  • Sep 15, 2007 11:32pm Sep 15, 2007 11:32pm
http://img169.imageshack.us/img169/9...142007ayq0.gif

To understand more about Stoch, plot it on the chart.
Attached File(s)
File Type: mq4 OnChart_Stochastic_Channel_(FL_MTF).mq4   7 KB | 11,830 downloads
  • #14
  • Edited Sep 22, 2007 1:56am Sep 21, 2007 7:39pm | Edited Sep 22, 2007 1:56am
http://s43.photobucket.com/albums/e3...escalator2.gif

Attached is the Stochastic Bars. It's easier to trade the Stochs now. Thanks to mladen for creating this wonderful indicator.

Lime = uptrend
Dark Green = overbought
Red = downtrend
Maroon = oversold
Attached File(s)
File Type: mq4 Color Stochastic v1.02.mq4   12 KB | 16,536 downloads
  • #15
  • Sep 22, 2007 4:26pm Sep 22, 2007 4:26pm
Quoting banzai
http://s43.photobucket.com/albums/e3...escalator2.gif

Attached is the Stochastic Bars. It's easier to trade the Stochs now. Thanks to mladen for creating this wonderful indicator.

Lime = uptrend
Dark Green = overbought
Red = downtrend
Maroon = oversold
Is there a way to make this work so I can see the 15 min, 30 min, 1 hr. , and 4hr. Stoch bars in a 4 hr. timeframe chart? I can get longer time frame stoch bars to show up in a shorter time frame chart, but I can not get shorter time frame bars to show up in a longer time frame chart. Hopefully you understand my question. Thanks!
  • #16
  • Sep 23, 2007 5:56pm Sep 23, 2007 5:56pm
Quoting Back Road Billy
Is there a way to make this work so I can see the 15 min, 30 min, 1 hr. , and 4hr. Stoch bars in a 4 hr. timeframe chart? I can get longer time frame stoch bars to show up in a shorter time frame chart, but I can not get shorter time frame bars to show up in a longer time frame chart. Hopefully you understand my question. Thanks!
Theres no use in putting a shorter timeframe indicator in longer timeframe.
Each bar in a 4hr chart is.... voila, all action during 4hr. During the 4hr bar u have 16 15min bars, and you cant show the stochastiv movement in one single 4hr bar.

Take a regular MTF Stoch, open a 4hr chart, put on the stoch and set it to 15min, what you will se is a lot of broken lines.. Hope you understand what I mean here..
  • #17
  • Sep 24, 2007 4:19am Sep 24, 2007 4:19am
when i load the indicator i do not get bars but a line cross with colour on turning of trend can you help
  • #18
  • Sep 25, 2007 3:16am Sep 25, 2007 3:16am
I also get normal stoch lines with colours where the stochs cross. Can anyone help?
  • #19
  • Sep 25, 2007 6:06am Sep 25, 2007 6:06am
Can you add over bought over sold dots or indicator for the
on chart stoc. when the stoc is at 80% or what ever the dot is
shown on the on chart stoc



Quoting banzai
http://img169.imageshack.us/img169/9...142007ayq0.gif

To understand more about Stoch, plot it on the chart.
  • #20
  • Sep 27, 2007 3:27pm Sep 27, 2007 3:27pm
thanks for the posts - keep it up
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