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  #1 (permalink)  
Old 09-05-2006, 02:52 PM
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Price Trender

Hi Folks!
I made a nice tool which can be used to check the price location instead of moving average. The tool is fully adjustable so u can change price, period, moving average type and timeframe. Check for your self
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File Type: gif pricetrender.gif (14.8 KB, 3633 views)
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File Type: mq4 PriceTrender.mq4 (2.8 KB, 893 views)
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Old 09-05-2006, 03:13 PM
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Price Trender

Quote:
Originally Posted by Kalenzo
Hi Folks!
I made a nice tool which can be used to check the price location instead of moving average. The tool is fully adjustable so u can change price, period, moving average type and timeframe. Check for your self

Looks very promising. Thank you Kale.

Brgds to you - Ben
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Old 09-05-2006, 03:30 PM
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Quote:
Originally Posted by ibadah
Looks very promising. Thank you Kale.

Brgds to you - Ben
Thanks, I think I will make version 2 of this indicator which will be including 2 moving averages so u will be able to watch crosses and price on the other timeframe.
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Old 09-05-2006, 03:38 PM
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Quote:
Originally Posted by Kalenzo
Thanks, I think I will make version 2 of this indicator which will be including 2 moving averages so u will be able to watch crosses and price on the other timeframe.

very cool, looking forward to it.
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Old 09-05-2006, 03:41 PM
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Ok!
Here it is !
Enjoy
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File Type: mq4 PriceTrender2.mq4 (3.1 KB, 1239 views)
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Old 09-06-2006, 01:54 AM
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Thanks.

Very helpfull.

MA cross h4 plotted on m30
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Old 09-06-2006, 05:47 AM
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Quote:
Originally Posted by Linuxser
Thanks.

Very helpfull.

MA cross h4 plotted on m30
Yes that is the right destination of that indicator
I'm glad u like it
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Old 02-26-2007, 06:23 PM
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Thumbs up

Would it be possible for you to indicate with an arrow or dot then alert box, which bar on the chart price trender crossed over?
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Old 02-26-2007, 07:21 PM
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Here's how far I got with it ... it's rather embarrassing because I don't know how to program MQL. I must have had 50 or so other indicators open and hacked about the code until I managed at least something but it's not working as well as I imagine it should.

The idea is to place Price Trender on the chart (instead of in a separate window) and then when:-

- wait for the bar to close;
- if the blue price trendline crosses the gold trendline, draw a dot;
- if the blue price trendline crosses up from below the gold trendline then the dot should be green and drawn underneath the bar;
- if the price trendline crosses down from above the gold trendline then the dot should be red and drawn above the bar.


Unfortunately, the code I've added has some unwanted side effects, such as drawing both green and red dots on the bar when price and trend line cross. I've tried putting some kind of logic in the program but this hasn't cured it.

Can someone skilled please look at the code and help me with this?
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Old 02-26-2007, 07:28 PM
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Here's a picture of price Trender shown on the chart instead of in a separate window. The blue price trendline cross over the gold price trendline where I've drawn the arrow and not 2 bars previously as one would immediately think was the case.
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