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Trendbolt? (MT4 indicator available in EasyLanguage?)
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Trendbolt? (MT4 indicator available in EasyLanguage?)

  #1 (permalink)
Holladay, Utah, USA
 
Trading Experience: Intermediate
Platform: Multicharts
Favorite Futures: NQ YM
 
sstheo's Avatar
 
Posts: 69 since Oct 2012
Thanks: 51 given, 167 received

Trendbolt? (MT4 indicator available in EasyLanguage?)

When I was trading FX, I found a great free MT4 indicator called Trendbolt, from WorldClassTradingStars.

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It NUMERICALLY summed MA's, MACD, and Stoch for various time frames into one nice number. It was AWESOME. And I think it also weighted the higher time frames a bit more. Here is a link to a page on MQL5 where I reviewed it many years ago, and it is still there for download.

https://www.mql5.com/en/forum/11409

I would love to find something similar in EasyLanguage for my Multicharts platform. Any suggestions?

As we all know, there is no holy grail, but this at least allowed me to easily COMPARE one instrument against another for likely continued strength or weakness.


Last edited by sstheo; April 15th, 2019 at 05:43 PM.
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  #2 (permalink)
Legendary  Vendor: www.abctradinggroup.com 
Hamburg Germany
 
Trading Experience: Advanced
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sstheo,

I am not aware of such an indicator for Multicharts. One problem you face in MC is that you can't conveniently access additional time frames like you can in MT4. The time frames would either have to be present on your chart to compute indicators on them or you have to compute them internally out of the underlying chart time frame (which might not always be possible or lead to slightly different results).

Regards,

ABCTG

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  #3 (permalink)
Holladay, Utah, USA
 
Trading Experience: Intermediate
Platform: Multicharts
Favorite Futures: NQ YM
 
sstheo's Avatar
 
Posts: 69 since Oct 2012
Thanks: 51 given, 167 received



ABCTG View Post
sstheo,

I am not aware of such an indicator for Multicharts. One problem you face in MC is that you can't conveniently access additional time frames like you can in MT4. The time frames would either have to be present on your chart to compute indicators on them or you have to compute them internally out of the underlying chart time frame (which might not always be possible or lead to slightly different results).

Regards,

ABCTG

Great answer, thanks.

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