TARZAN+ALERT Indicator

Name: TARZAN+ALERT
Download: TARZAN+ALERT.mq4 (7.0 Kb)

Description:

Improved version of TARZAN trend indicator. The function "ALERT" is added.

Input parameters:

Alert_ = true; To switch on or to switch off an alarm.
TimeSleep_Alert = 120; Delay of time in seconds between signals of an alarm.

1. TimeFrame = 60; the period of the diagram can be any of the following sizes:
  • 1 - 1 minute;
  • 5 - 5 minutes;
  • 15 - 15 minutes;
  • 30 - 30 minutes;
  • 60 - 1 hour;
  • 240 - 4 hours;
  • 1440 - 1 day;
  • 10080 - 1 week;
  • 43200 - 1 month;
  • 0 (zeroes) - Period of the current chart.
2. RSI=5; period of RSI indicator.

3. applied_RSI=0; the used price. There can be any of price constants:
  • 0 - Close price;
  • 1 - Open price;
  • 2 - High price;
  • 3 - Low price;
  • 4 - Average price, (high+low) /2;
  • 5 - Typical price, (high+low+close) /3;
  • 6 - Weighed price of closing, (high+low+close+close) /4.

4.MA=50; period of Moving Average indicator.

5. method_MA=0; - a method of averaging. Can be any of meanings(importance) of methods sliding average (Moving Average):
  • 0 - Simple moving average;
  • 1 - Exponentially smoothed moving average;
  • 2 - Smoothed moving average;
  • 3 - Linearly weighed moving average.
6. koridor = 5; a threshold of an envelope.


Source: Codebase.mql4.com

1 comments:

Unknown said...

the signal is not the same as seen above.......

in real time rsi moves according to its period 5 and not averages ...whenever we switch to different tf then rsi averages it value...thats the problem in this indicator....

my id-sahusantosh30@gmail.com

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