Yes it repaints but I hope u know it is accurate when confirmed?. So could add a divergence indicator or additional confirmation and use the wave line rather than the arrows . A fractal reversal indicator.
Convert MT4 indicator to MT5
- Thread starter Jaycs3
- Start date
- Watchers 90
Not sure why would anyone ignore this post. This indicator can make you a fortune if you use it correctly. It's one of the more valuable and useful volume indicator you can find especially on Metatrader platform.
Good day I'm trying to understand this indicator signal of the White small box that appears on the candle. What Price Action information Is given ?
Also could u update to make the Blue up arrow and red down Arrow appears on the close of the bar/candle rather than appearing while the current bar/candle is active ?
Also when the zig zag wave line forms could there be a candlestick pattern that appears also such as bear /bull cross , bullish/bearish engulfing candle pattern or dark cloud cover or peircing candle ? Etc?
Sorry, I don't have any plans to develop this indicator - I have just converted it to MT5. I wouldn't even recommend using it as it is repainting.
It is very accurate. As a trader I recommend many to use it .. not as a signal to enter the market but as technical analysis tool to identify price swings and to use to construction vertical trendline and also key price levels.
The arrow on the indicator repaints as it's base on price action of Candlestick pattern. .
You want current price to respect the zone when the wave line appears as it build up supply/demand zone.
90% of the indicators repaints.
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You have any recommendations on which indicators to use from the list here ?
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You got the mql5 version? Mine sharing ?
Oh sure. Credit to Mrtools from Forexstation coding this. Very nice soul.
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Good day please can anyone convert this indicator from Mt4 to Mt5 . It is a trend indicator that does not repaint . it can be combined with PARABOLIC SAR. to enter early in a bullish or bearish trend . IT WORK BEST FROM 30 MINS AND ABOVE. A lot of people have only good things to say about it because it is profitable. those that have MT4 can check it out. I hope the Administrator can look into it. thanks I look forward to the conversion to mt5.
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You add
#include <ind4to5.mqh> to your MT4 indicator's code, rename it to .mq5 and then try to compile it in MT5. The ind4to5.mqh file should be copied to MQL5\Include\ of your MT5's data folder.
Good evening sir pls the way i understand this is like this i first
#include <ind4to5.mqh> to my mt4 right and then change the extension to .mq5 right but compiling it am confused around there sir pls throw light there sir
I really appreciate your effort ones it done i will post the Indicator here
#include <ind4to5.mqh> to my mt4 right and then change the extension to .mq5 right but compiling it am confused around there sir pls throw light there sir
I really appreciate your effort ones it done i will post the Indicator here
Sir pls correct my mistake i really need it to change
