Alert needed when stochastics change direction | Forex Factory

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Alert needed when stochastics change direction

  • #1
  • First Post: May 4, 2014 9:56am May 4, 2014 9:56am
Guys

Please help me get this alert (sound and email at the bar-close)

It triggers when stochastics changes the direction (ie from upward to downward, vice versa). In other words, when stochastics turns the direction.

An alert should go off when the bar closes.

Please see the chart attached.

Thank you so much in advance!!!
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyh1.png Size: 44 KB
  • #2
  • May 4, 2014 10:16am May 4, 2014 10:16am
http://www.forexfactory.com/showthread.php?t=272393
PM me with coding requests and I'll probably put you on my ignore list
  • #3
  • May 4, 2014 10:29am May 4, 2014 10:29am
Quoting fxdaytrader_
http://www.forexfactory.com/showthread.php?t=272393
fxdaytrader: thanks for the link! Much appreciated. But this one is a "level crossing" alert. It doesn't alert when the stochastics changes the direction...

Or, you think I can use something out of this link???

Thanks again!!
  • #4
  • May 4, 2014 10:34am May 4, 2014 10:34am
I am not sure.
Quoting Forexgogo
triggers when stochastics changes the direction (ie from upward to downward, vice versa)
if stoch crosses from eg >80 to <80 you could consider this as "direction change".

I think it depends on what you are exactly looking for / what you consider a "direction change" (e.g. simple stochmain>stochsignal AND stochmainbefore<= stochsignalbefore, etc. pp.) ...
PM me with coding requests and I'll probably put you on my ignore list
  • #5
  • May 4, 2014 10:51am May 4, 2014 10:51am
Quoting fxdaytrader_
I am not sure. {quote} if stoch crosses from eg >80 to <80 you could consider this as "direction change". I think it depends on what you are exactly looking for / what you consider a "direction change" (e.g. simple stochmain>stochsignal AND stochmainbefore<= stochsignalbefore, etc. pp.) ...
Understood. My explanation was bad.

Here is what I want.
I want an alert when the stochastics turns the "line" from upward to downward (and from downward to upward), REGARDLESS of the levels.
Please see the chart in post 1 again.
All I care is the "line" turning around.

Do you happen to know any alert for that purpose?? I looked everywhere but nothing found....
  • #6
  • May 4, 2014 11:00am May 4, 2014 11:00am
I think I got it, quick example for a change direction to down:
stoch 1 bar ago < stoch 2 bars ago AND stoch 1 bar ago < stoch 3 bars ago AND stoch 2 bars ago > stoch 3 bars ago AND stoch 3 bars ago > stoch 4 bars ago

I do not know such indicator, but it should be possible to code this or change exisiting codes ...
not sure, maybe I will give it a try later/tomorrow ...
PM me with coding requests and I'll probably put you on my ignore list
  • #7
  • May 4, 2014 11:15am May 4, 2014 11:15am
Quoting fxdaytrader_
I think I got it, quick example for a change direction to down: stoch 1 bar ago < stoch 2 bars ago AND stoch 1 bar ago < stoch 3 bars ago AND stoch 2 bars ago > stoch 3 bars ago AND stoch 3 bars ago > stoch 4 bars ago I do not know such indicator, but it should be possible to code this or change exisiting codes ... not sure, maybe I will give it a try later/tomorrow ...
fxdaytrader;

Please help me out!!!
Yes, all I want is:
(1) for a change direction to down: stoch 1 bar ago < stoch 2 bars ago AND stoch 2 bar ago > stoch 3 bars ago
(2) for a change direction to up: stoch 1 bar ago > stoch 2 bars ago AND stoch 2 bar ago < stoch 3 bars ago

An alert (sound and email) goes off at the bar close.
Thank you thank you thank you so very much!!
  • #8
  • May 4, 2014 12:24pm May 4, 2014 12:24pm
Quote
(1) for a change direction to down: stoch 1 bar ago < stoch 2 bars ago AND stoch 2 bar ago > stoch 3 bars ago
(2) for a change direction to up: stoch 1 bar ago > stoch 2 bars ago AND stoch 2 bar ago < stoch 3 bars ago

I have modified this one (but not tested yet):

ok, set SignalCandle=1 (default),
Level1Alerts=FALSE
Level2Alerts=FALSE
DirectionChangeAlerts=TRUE (THIS is your alerttype).

It should also work if all is set to TRUE (but it will alert only once per bar).

pls. notice that there is a optional ma-filter (UseMA=FALSE (default)) available ...

pls. try
Attached File(s)
File Type: ex4 STOCH ALERT.mod. AEJ_fxdaytrader v1.1.ex4   10 KB | 493 downloads
PM me with coding requests and I'll probably put you on my ignore list
  • #9
  • May 4, 2014 12:29pm May 4, 2014 12:29pm
Quoting fxdaytrader_
{quote} I have modified this one (but not tested yet): ok, set SignalCandle=1 (default), Level1Alerts=FALSE Level2Alerts=FALSE DirectionChangeAlerts=TRUE (THIS is your alerttype). It should also work if all is set to TRUE (but it will alert only once per bar). pls. notice that there is a optional ma-filter (UseMA=FALSE (default)) available ... pls. try {file}
fxdaytrader

Thank you very much!! I will let you know how it works when the market opens later.

It's going to be so much fun to trade with this indy
  • #10
  • May 4, 2014 12:39pm May 4, 2014 12:39pm

but I think it is more useful to set signalcandle=0 (current candle) because directionchangealerts counts the last candle (signalcandle+1) and higher ...

we'll see, pls. report if it is ok after testing ...
PM me with coding requests and I'll probably put you on my ignore list
  • #11
  • May 5, 2014 7:59am May 5, 2014 7:59am
Quoting fxdaytrader_
but I think it is more useful to set signalcandle=0 (current candle) because directionchangealerts counts the last candle (signalcandle+1) and higher ... we'll see, pls. report if it is ok after testing ...
fxdaytrader

It's working great!! So far, I've been testing it on 5m and never seen errors.
Setting is this:
Singlecandle=0
Kperiod=5
Dperiod=3
Slowing=3
Method=0
Price=0
Level2Alerts=false
Level1Alerts=false
DirectionAlerts=true
The rest=default

You may want to check this;
EU on 1h chart, find how many stoc-direction-changes lead to profits. All you need is to filter entries. I use EMA 50, 200, 4h-divergence, PB, and TL.
I needed this alert to check the chart when I'm sleeping

Again, thank you very much!!!
  • #12
  • May 5, 2014 8:47am May 5, 2014 8:47am
Quoting Forexgogo
It's working great!!
perfect
PM me with coding requests and I'll probably put you on my ignore list
  • #13
  • May 5, 2014 8:58am May 5, 2014 8:58am
hm, I have changed the logics for directionchange -> it starts now with signalcandle and not with signalcandle+1

if the previous version works fine for you, you do not download it again. if you download again, just change signalcandle from 0 to 1 in the settings...
Attached File(s)
File Type: ex4 STOCH ALERT.mod. AEJ_fxdaytrader v1.1.ex4   8 KB | 508 downloads
PM me with coding requests and I'll probably put you on my ignore list
  • #14
  • May 5, 2014 2:33pm May 5, 2014 2:33pm
Quoting fxdaytrader_
hm, I have changed the logics for directionchange -> it starts now with signalcandle and not with signalcandle+1 if the previous version works fine for you, you do not download it again. if you download again, just change signalcandle from 0 to 1 in the settings... {file}
Hi fxdaytrader, i tried to download this stoch into my platform but i can't see it after starting my trading platform. Please what could be the problem. I need your assistance on this.
************************* Knowledge is an endless research
  • #15
  • May 5, 2014 2:34pm May 5, 2014 2:34pm
make sure you have copied the file to the proper directory (mql4/indicators), exit and restart mt4, then it should be working.
if not I do not know what the problem is.
PM me with coding requests and I'll probably put you on my ignore list
  • #16
  • May 5, 2014 3:05pm May 5, 2014 3:05pm
Quoting fxdaytrader_
make sure you have copied the file to the proper directory (mql4/indicators), exit and restart mt4, then it should be working. if not I do not know what the problem is.
It is still the same. I don't really know much about how indicators are programmed to work. When i checked other indicators i see ex4 and a corresponding mq4 but i dont see the mq4 for this stoch indicator. Please does it matter?
************************* Knowledge is an endless research
  • #17
  • Edited 3:41pm May 5, 2014 3:29pm | Edited 3:41pm
it does not matter, the .ex4 file is enough and the mq4 not required to get it work.

in which directory did you copy the indicator?
PM me with coding requests and I'll probably put you on my ignore list
  • #18
  • May 5, 2014 3:38pm May 5, 2014 3:38pm
Quoting fxdaytrader_
it does not matter, the .ex4 file is enough and the mq4 not required to get it work. in which directory did you copy the indicator?
MT4 - experts - indicators
************************* Knowledge is an endless research
  • #19
  • May 5, 2014 3:40pm May 5, 2014 3:40pm
pls. read http://www.forexfactory.com/showthre...23#post7448823
PM me with coding requests and I'll probably put you on my ignore list
  • #20
  • May 5, 2014 3:42pm May 5, 2014 3:42pm
Quoting fxdaytrader_
pls. read http://www.forexfactory.com/showthre...23#post7448823
Thanks for the responses. I will read it now.
************************* Knowledge is an endless research
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