Home › Forums › Indicator discussion › MTH – OHLC MTF Moving Average
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Tagged: Custom Indicator, Moving Average, MT4, MTH, OHLC
- This topic has 97 replies, 41 voices, and was last updated 3 years, 6 months ago by
mmy88.
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…last time I had to download .rar file, I also had to find software which off course came with a virus that the x virus protection let in, and total computer meltdown.., took a few days to find and fix, so if anyone can post as mq or zip file that would be of great help
I have found that http://www.7-zip.org/ is a reliable, safe, free, and open-source application for working with rar files in Windows.
Included is the ex4 of the beta MTH OHLC MTF MA which comes from the rar file, current as of Feb 7th. (I will remove it if big bro asks that of me, but in the meantime…) Take care, and stay safe!
Attachments:
You must be logged in to view attached files.Kiads,
I noticed that a daimond vanished while the next bar was already “running”. Is that correct?
Regards,
Dennis
[ BalrogTrader ]February 10, 2015 at 5:44 pm #4738Super duper Kiads,
Please know that whatever you write at least I’ll read and try to adopt the method…
Best regards.
Nothing has ever motivated me more than this...
Kiads, I noticed that a daimond vanished while the next bar was already “running”. Is that correct? Regards, Dennis
Yes Brother, as I explained before, the diamond show up at previous candle for current candle and ‘she’ will repaint depend on current form condition of the running candle, and only fixed after candle close. So, in general only use diamond signal indication in relation with MA lines configuration (please refer to my previous explanations about what we should looking for..).
Common logic, when in down trend, top diamond signals might be more reliable and has higher probabilities compare to bottom diamond signals..
Best Regards
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/Super duper Kiads, Please know that whatever you write at least I’ll read and try to adopt the method… Best regards.
Hi Brother, feel free to ask me if you need something that need more explanations, and please forgive me if sometimes my explanations is not clear because my lack of English..
Best Regards
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/Thanks a lot my brother Kiads, another magic tool from you!
would you please explore more details about it for us?
how we can find reversals by it? what indicator is better to set with it?
my setting as yours, but in this down trend, the daily line is below 4H but in yours is vise versa ,why?
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You must be logged in to view attached files.my setting as yours, but in this down trend, the daily line is below 4H but in yours is vise versa ,why?
Hi Brother, Sorry for late replyhere we go the example for Gold (XAUUSD)Hope it help and best regardsMTHIntuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/[ us fantasy ]February 13, 2015 at 3:56 pm #4788kiads could pls share this indicator ?
already PM You Brother..
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/Thanks Kiads for this wonderful indicator, I combine it with SS indicator from xux99 to yield quite consistent profits in demo account (can be seen in my ff account explorer). After cny will put in practise in my real account. Need alot of discipline in this type of method, all the best to everyone.
[ LearnAlways ]February 17, 2015 at 12:50 pm #4846Hi Kiads,
Can I ask a stupid question. Is this OHLC MTF indicator based on “CLOSE” Prices? If yes, then how is it different from what MT4 moving average is? Except I know it is MTF which MT4 basic doesn’t have. What I mean is there are already MTF MA indicators in FF. So what makes this indicator so special or different? Sorry cos I want to know and for asking this stupid question.
Best Regards,
LearnAlways
I only know I know nothing
Skype: learnalways@outlook.comHi Kiads, Can I ask a stupid question. Is this OHLC MTF indicator based on “CLOSE” Prices? If yes, then how is it different from what MT4 moving average is? Except I know it is MTF which MT4 basic doesn’t have. What I mean is there are already MTF MA indicators in FF. So what makes this indicator so special or different? Sorry cos I want to know and for asking this stupid question. Best Regards, LearnAlways
Hi Brother, this indicator base on OHLC/4 price so this is not same as ordinary MTF MA Indicator. And the big different from common MTF Indicator is common MTF indicator mostly only work from higher TF to lower TF, while this one also work from lower TF to higher TF.
If you understand how to use this ‘feature’ correctly I believe you will find your Easter Golden Egg soon.. lol
For Example try to set M1 line with period 60 (1 hour), and turn off other TF lines (make it false) then switch your chart starting from M1 to D1, you will see that the M1 line stay same in correct way..
Best Regards
MTH
PS.Later if will share also ‘her’ best friend MA oscillator that visualize the interaction force between bull ( (high – open) + (close – low)) and bear ((low-open)+(close-high)).
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/[ LearnAlways ]February 17, 2015 at 2:15 pm #4858Thanks Brother, hope to see your MA oscillator soon. Should be very interesting, was looking for TwoBlink custom indi BullBears Indicator but can’t find it. Hopefully your indicator comes close or even better, haha
.
Do u have any idea how to differentiate btw (1) Ranging Market & (2) Trending Market & (3 )Revert to Mean in Trending Market?
Is there any better alternative than CSS or TMA slope? Cycle pi???
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This reply was modified 8 years, 3 months ago by
LearnAlways.
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This reply was modified 8 years, 3 months ago by
LearnAlways.
I only know I know nothing
Skype: learnalways@outlook.com[ BalrogTrader ]February 17, 2015 at 2:55 pm #4865Hi Kiads,
I’m getting warmed up… Please see pictures attached:
Attachments:
You must be logged in to view attached files.Nothing has ever motivated me more than this...
If you understand how to use this ‘feature’ correctly I believe you will find your Easter Golden Egg soon.. lol
Hi brother,
I would love if we can elaborate on this…i love this indicator, but i m not sure i fully grasp how to use it at it s fullest potential:)
[ BlackStack ]February 18, 2015 at 6:02 am #4879then switch your chart starting from M1 to D1, you will see that the M1 line stay same in correct way.. Best Regards MTH PS.Later if will share also ‘her’ best friend MA oscillator that visualize the interaction force between bull ( (high – open) + (close – low)) and bear ((low-open)+(close-high)).
Hi Kiads
Was that D1 that you switch to or H1? I don’t see the relationship with M1 MA 60 and the daily chart.-
This reply was modified 8 years, 3 months ago by
BlackStack.
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This reply was modified 8 years, 3 months ago by
BlackStack.
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This reply was modified 8 years, 3 months ago by
BlackStack.
Hi Kiads, Can I ask a stupid question. Is this OHLC MTF indicator based on “CLOSE” Prices? If yes, then how is it different from what MT4 moving average is? Except I know it is MTF which MT4 basic doesn’t have. What I mean is there are already MTF MA indicators in FF. So what makes this indicator so special or different? Sorry cos I want to know and for asking this stupid question. Best Regards, LearnAlways
Hi Brother, this indicator base on OHLC/4 price so this is not same as ordinary MTF MA Indicator. And the big different from common MTF Indicator is common MTF indicator mostly only work from higher TF to lower TF, while this one also work from lower TF to higher TF. If you understand how to use this ‘feature’ correctly I believe you will find your Easter Golden Egg soon.. lol For Example try to set M1 line with period 60 (1 hour), and turn off other TF lines (make it false) then switch your chart starting from M1 to D1, you will see that the M1 line stay same in correct way.. Best Regards MTH PS.Later if will share also ‘her’ best friend MA oscillator that visualize the interaction force between bull ( (high – open) + (close – low)) and bear ((low-open)+(close-high)).
wow this look good especially when trading with ssa cycldivergence.thank you kiad for your help
[ LearnAlways ]February 21, 2015 at 10:38 pm #4962Hi Brother,
The OHLC MTF MA indicator is it actually based on HeikenAshi calculation. Because I check haClose=(open+high+low+close)/4 , in another words, this OHLC MTF MA indicator calculates like what HaClose does, am I correct? Pls help clarify, thx.
Best Regards,
LearnAlways
I only know I know nothing
Skype: learnalways@outlook.comHi Brother, The OHLC MTF MA indicator is it actually based on HeikenAshi calculation. Because I check haClose=(open+high+low+close)/4 , in another words, this OHLC MTF MA indicator calculates like what HaClose does, am I correct? Pls help clarify, thx. Best Regards, LearnAlways
Hi Brother, Yes the calculation to obtain OHLC value of course exactly same, because that the only values we have, the significant different is; Heiken Ashi only calculate previous and current TF candle to form Heiken Ashi candle, while OHLC MA calculate any period in Multiple Time Frame and the most important thing is, the static MTF function.
Hope it help and best regards
MTH
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/[ LearnAlways ]February 22, 2015 at 3:48 am #4966Hi Brother, The OHLC MTF MA indicator is it actually based on HeikenAshi calculation. Because I check haClose=(open+high+low+close)/4 , in another words, this OHLC MTF MA indicator calculates like what HaClose does, am I correct? Pls help clarify, thx. Best Regards, LearnAlways
Hi Brother, Yes the calculation to obtain OHLC value of course exactly same, because that the only values we have, the significant different is; Heiken Ashi only calculate previous and current TF candle to form Heiken Ashi candle, while OHLC MA calculate any period in Multiple Time Frame and the most important thing is, the static MTF function. Hope it help and best regards MTH
Thanks Brother for clarifying
I only know I know nothing
Skype: learnalways@outlook.com[ BalrogTrader ]February 26, 2015 at 3:18 pm #5083Still trying, mostly hunted by not-so-good SL placement but sometimes I take it correctly…
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You must be logged in to view attached files.Nothing has ever motivated me more than this...
Hi to all, to Kiads especially.
First I say big thanks, that I can be here. I’m not a coder, nor succesfull trader yet.
But I thing, that I can be succesfull with knowledge from this great forum.
I like this OHLC MTF MA indicators, and I have any idea. I don’t know if this idea have any potential.
Can be wroking this indi with renko or range bar, when instead multitimeframe MA, will MA multi value renko/range bricks?
For example, renko chart with 10 point bricks, and MA for bricks 20 point, 40 point etc.
Maybe is this idea stupid – I don’t know
Good day to all.
PS: Sorry for my “English”.
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This reply was modified 8 years, 3 months ago by
lbs48.
Hi to all, to Kiads especially. First I say big thanks, that I can be here. I’m not a coder, nor succesfull trader yet. But I thing, that I can be succesfull with knowledge from this great forum. I like this OHLC MTF MA indicators, and I have any idea. I don’t know if this idea have any potential. Can be wroking this indi with renko or range bar, when instead multitimeframe MA, will MA multi value renko/range bricks? For example, renko chart with 10 point bricks, and MA for bricks 20 point, 40 point etc. Maybe is this idea stupid – I don’t know
Good day to all. PS: Sorry for my “English”.
Hi Brother, Thank You for your post and Idea..
Yes It could be done,
In General any MTF Indicator could also use with Renko Chart to create MBS Indicator… lol (Multi Brick Size).. as long as the reference renko chart is there to read by the indicator.
So, if your main renko chart is 8 point brick size with TF name M11, to put MBS Indicator here that look at 16 point brick size renko, you should create that 16 point brick size renko chart and for example make it TF name M13. From your MTF/MBS Indicator, you could put M13 as your Time Frame input, then this indicator will read data from your 16 point brick size renko chart, as long as this renko chart active and has enough total bricks to serve the data feed for your indicator at M11 renko chart.
Hope you understand my explanation..
Happy Week End and best regards
MTH
PS. since this OHLC MA is fixed TF version you can’t use ‘her’ with renko brick reading. If I have spare time (rarely), I’ll try to re-create the renko version..
Intuition, Experiences and Common sense..
http://www.binaryoptionsedge.com/ -
This reply was modified 8 years, 3 months ago by
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