TDesk User Indicators Playground

[tomele]

I have edited a bloop in the indi. Now it at least compiles.

Thomas

[taipan]

I have edited a bloop in the indi. Now it at least compiles.

Thomas

Thanks for the fixed.

Taipan.

[fx800]

Hey SHF-Folks,

after two more weeks of different TDI-MTF setups, I found some TDesk Solo Signal flickering in v2.4, which was leading to a false Super signal and subsequently to an unwanted trade. Thanks to reading some other indi code, I was able to find the cause. On top, there are two new implementations.
But please read the changelog yourself and get a feel for the new version. As always, I edited the other TDI MTF Indicator Posts and copy/pasted the description here - with additions:

TDI MTF v2.5 TD V2

Description:

- TDI MTF Indicator with TDesk Signals
- Requires 'Traders_Dynamic_Index.mq4'






Please read the change log (2019-03-03) for details :youknow:

Code: Select all

/*
   Change log:
   2019-03-03, Ehrenmat, v2.5
      - Market Condition Signals: 
            - Added a Threshold option for Green over/under Red to avoid ranging markets
            - Added VeryWeakConditions: Green above/below Yellow sends LONG/SHORT signal
            - Now optional: Green in Overbought (above 68) or Oversold (below 32) territority sends FLAT signal
      - TDesk Code optimizations
   2019-02-10, Ehrenmat, v2.4
      - Corrected Cautious Conditions Signal - once again *facepalm*
   2019-02-10, Ehrenmat, v2.3
      - End of beta status: Indicator runs stable and ressources-saving
      - Extended details on TDesk Signals in input section for better comprehension
      - Added the possibility to turn off each Signal line separately in terms of a better readability
      - CautiousConditions Signal will be deleted as soon as Green is out of Overbought/Oversold territory from now on
      - Added the option to send a FLAT Signal for all Triggers separately (Price Action, Hook Action and Turning Point)
      - Added the 1st Deviation of the RSI-Priceline (White line) including a new TDesk Signal
         - New Trigger Signal - RSI Turning Point:
            - White line crossing the 50 line from below marks a lower turning point of the Green line. This sends a LONG TDesk Signal.
            - White line crossing the 50 line from above marks an upper turning point of the Green line. This sends a SHORT TDesk Signal.
   2019-01-06, Ehrenmat, v2.2
      - Corrected Cautious Conditions Signal
   2018-12-30, Ehrenmat, v2.1
      - TDesk V2 Level to be efficient on ressources
      - Sorted TDesk Signals:
         - Market Condition for Trend Signals
         - Price and Hook Action for Trigger Signals
         - Optional: Decreasing Volatility produces a FLAT Signal to block entries   
   2018-12-30, Ehrenmat, v2.00
      - Code cleanup
         - removed Auto Higher TF
         - Facilitated settings' user interface
         - Added TDesk functionality          
   2010-11-10, Xaphod, v1.01 
      - Added Auto Higher TF
      - Added indicator level lines
   2010-11-10, Xaphod, v1.01 
      - Fixed time axis to correspond with the lower TF.
   2010-11-10, Xaphod, v1.00 
      - Initial Release 
*/

My interpretation of the TDI signals into TDesk signals is described in the input section. On one side, there are trend filtering signals (Market Condition) and on the other side, there are triggering signals (Price Action, Hook Action and Turning Point):

Market Condition Signals are structured as followed:

TDesk Abbreviation: TDI-MC stands for 'Market Condition'

Very Weak Trend Signal:
LONG: Green>Yellow, Green neither Overbought nor Oversold
SHORT: Green<Yellow, Green neither Overbought nor Oversold

Weak Trend Signal:
LONG: Green>Red, Green neither Overbought nor Oversold
SHORT: Green<Red, Green neither Overbought nor Oversold

Medium Trend Signal:
LONG: Green>Red&Yellow, Green neither Overbought nor Oversold
SHORT: Green<Red&Yellow, Green neither Overbought nor Oversold

Strong Trend Signal:
LONG: Green>Red, Red>Yellow, Green neither Overbought nor Oversold
SHORT: Green<Red, Red<Yellow, Green neither Overbought nor Oversold

Cautious Conditions:
Green in Overbought/Oversold territory sends a SHORT/LONG Signal

Then, there is an optional TDesk Signal in case of a decreasing volatility:

TDI-V stands for 'Volatility':
Decreasing Volatility blocks entries by sending a FLAT Signal
Note: I myself see this FLAT Signal as experimental and so it has to prove itself in being useful


Trigger Signals:

Update: there are now three Triggers:

Price Action or TDI-PA:
LONG/SHORT Signal when Green crosses Red from below/above

Hook Action or TDI-HA:
LONG/SHORT Signal when Green crosses Blue back from bottom/top

Turning Point or TDI-TP:
LONG/SHORT Signal will be sent when the Green line is at a lower/upper turning point.
This is made possible by the 1st Dervation of the RSI Signal Line. In the indicator, the new SIgnal Line is depicted in White and sends TDesk Signals when crossing the 50 line from below (LONG) and above (SHORT).

Final note: Please leave some critics in case you should use this indicator and implement it successfully in your trading setup.

Cheers,

Mat

:hi:

Hi Ehrenmat

Thanks for the TDI MTF indi. With the latest version, setting the SendTDeskSignals = false still results in the signals being sent to TDesk. Any idea why this is so ? Works with v2.4 TD V2.

peter

[Ehrenmat]

Hey Peter,

Thank you for the heads up. I have changed the code accordingly. New version is v2.5.1

Cheers,

Mat

:hi:

[fx800]

Hey Peter,

Thank you for the heads up. I have changed the code accordingly. New version is v2.5.1

Cheers,

Mat

:hi:

Thank you very much.

peter

[taipan]

Stoch color (mtf + alerts + arrows).mq4

Can any coder help to modify this indicator to TDesk compatible and this has come with proper alerts:

This indicator will replace the previous indicator : Stochastic color mtf

[taipan]

Can any coder help to modify this indicator to TDesk compatible and this is come with proper alerts:

This indicator will replace the previous indicator : Stochastic color mtf

The advantage of using this indicator is that it will show you the direction (OB/OS) of the trend inside Baluda SuperSlope TD and HGI trend arrows. BaludaSS setting is set to Daily TF. Note that the Schaff Trend Cycle TD is also overlayed inside BaludaSS and is used to detect trend changed.

[jagzfx]

If anyone is interested in using EAX Dashboard PINs with TDesk, I have adapted my Multiplexer (MUX) PIN to also output TDesk compatible signals.

The MUX PIN is not an indicator itself, but allows you to combine and manipulate the signals from other EAX PINS. By making the MUX PIN compatible with TDesk, it can use it to read the signals from any EAX pin and relay it as a TDesk signal.

You can find the MUX pin over on ForexFactory: https://www.forexfactory.com/showthread ... st12125251. Scroll to the top of the FF thread to find a list of my other PINs.

Regards
Jagz

[tomele]

Hi Jagz.

Fantastic stuff, thanks a lot. I am wondering whether I should make TDesk compatible to the PIN notation. Should be quite easy and would open TDesk to a wealth of work already done, although the GVs don't give any information about the indicator or the timeframe (just Pin1, Pin2, Pin3).

Cheers
Thomas

[jagzfx]

Hi Jagz.

Fantastic stuff, thanks a lot. I am wondering whether I should make TDesk compatible to the PIN notation. Should be quite easy and would open TDesk to a wealth of work already done, although the GVs don't give any information about the indicator or the timeframe (just Pin1, Pin2, Pin3).

Cheers
Thomas

There are a lot of EAX PINS out there to take advantage of, and one benefit is that they tend to be multipair so you don't need to have 20+ charts open to get all your signals.


But maybe wait and see if there is a demand for it before making the changes.