momentum indicator

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momentum indicator

Postby bartwas1 » Fri Nov 24, 2017 6:15 am

Hi

I've found an indicator that was developed to identify momentum, but it is in meta trader coding language. Could it be converted to lua. (It was made by mrtools and was free to download)? It seems to catch change of the price movement particularly well. If you manage to convert it, could you add option 'no line'. This indicator displays 3 lines when applied to the chart. Meta trader indicator attached below. Thank you in advance.

Kind regards
Bart.
Attachments
smoothed momentum x 3.ex4
(36.77 KiB) Downloaded 381 times
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Re: momentum indicator

Postby Apprentice » Sun Nov 26, 2017 5:22 am

Can you provide detailed description, mq4 version or formula?
EX4 is encoded.
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Re: momentum indicator

Postby bartwas1 » Sun Nov 26, 2017 7:14 pm

Hi Apprentice

I found 2 indicators with mt4 files that this indicator was based on. The problem is I can't seem to get them to work on my meta trader platform. The files are attached below. Maybe this mt 4 indi by mrtools was a work around to make it function on current version of meta trader - just thinking.
Anyhow, I hope that now you will be able to use mt4 files to create smoothed momentum indicator in lua.

Kind regards
Bart
Attachments
RK-triple_smoothed_momentum_mladens.mq4
(4.36 KiB) Downloaded 401 times
smoothed_momentum_mladens.mq4
(2.05 KiB) Downloaded 406 times
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