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Magical oscillator indicator

  • #1
  • First Post: Edited Jul 18, 2009 1:36pm Jul 17, 2009 3:00am | Edited Jul 18, 2009 1:36pm
Hi expert programmers,

I am looking for an MT4 code for an oscillator algorithm to detect overbought/oversold condition.

  • #2
  • Edited 6:45am Jul 17, 2009 4:39am | Edited 6:45am
What your method, just post it here, please. You have your PM off, so I cannot send it privately.
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File Type: mq4 Magical Oscillator.mq4   2 KB | 1,692 downloads
  • #3
  • Jul 17, 2009 6:08am Jul 17, 2009 6:08am
That's not magic... It's Wally Wingate. We have a huge dev team working on it in "The Meadows"
The trend always ends.
  • #4
  • Jul 17, 2009 6:17am Jul 17, 2009 6:17am
Quoting candletrader
Hi expert programmers,

I am looking for an MT4 code for an oscillator algorithm to detect overbought/oversold condition.

Here is the algorithm:
[font=Times-Roman][size=4]
[left]let A = the highest high of the last eight bars (including the current bar)
let B = the lowest low of the last eight bars(including the current bar)
[size=4][font=Times-Roman]let C = Current's bar closing...
Candletrader, i've tried to PM you but you haven't got that facility turned on! The best way forward is to post your strategy here or PM me and i'll code it for you if you want.

Z
  • #5
  • Jul 17, 2009 6:18am Jul 17, 2009 6:18am
Quoting smjones
PM me what your method is, or preferably just post it here, please. You have your PM off, so I cannot send it privately.
Welcome back bro. I noticed Dialist hasn't posted for a while too.

Happy trading

Z
  • #6
  • Edited 8:14am Jul 17, 2009 7:46am | Edited 8:14am
Quoting smjones
What your method, just post it here, please. You have your PM off, so I cannot send it privately.
Wow! first of all thanks smjones for the code...I just woke up, and didn't mean to ignore anyone. 2nd, I wasn't aware of my PM was OFF. I turn it ON now.

The method I use:

if ADX(14) < 30. and Magic OSC< 25...BUY at the market (trail SL 40 pips)
if ADX(14) < 30 and Magic OSC > 75...SELL at the market (trail SL 45 pips)

Once again...thanks smjones. Cheers.
  • #7
  • Jul 23, 2009 6:11am Jul 23, 2009 6:11am
Just remember the pentavarite is always watching, especially Colonel Sanders (before he went tits up ofcourse).
  • #8
  • Last Post: Mar 19, 2010 7:05am Mar 19, 2010 7:05am
hello sir,

pls give me thisone (deashbord) indicator.

regards
nd
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