NSND indicator

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NSND indicator

Postby nookie » Fri Aug 25, 2017 2:36 pm

Hello I have this indicator NSND, though I would like to add/change it a bit but dont have the Dev skills for it. I would like to add a filter of ADX to it, trigger nsnd only when ADX > 20 + alert, is it possible?
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NSNDHistory.mq4
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Re: NSND indicator

Postby Apprentice » Sun Aug 27, 2017 3:00 am

Your request is added to the development list, Under Id Number 3878
If someone is interested to do this task, please contact me.
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Re: NSND indicator

Postby Alexander.Gettinger » Mon Sep 04, 2017 5:03 pm

I added ADX filter and alert.

NSNDHistory.mq4
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Re: NSND indicator

Postby nookie » Fri Feb 02, 2018 2:09 pm

Can you please let me know what are those values and their function ?

extern int barcount=500;
extern int NSNDcount=10;
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Re: NSND indicator

Postby nookie » Fri Feb 02, 2018 2:46 pm

Somehow the logic of this NSND indicator is not working, is it possible to be made like the below ?

No supply: If bar is closing less than the previous two bars (or candles) and a spread of this bar is narrow compared to the previous two bars with the price closing in the middle or high of the bar, with volume less than the previous two bars (or candles) this indicates that there is ‘No supply’ bar.

No demand: If bar is closing higher than the previous two bars (or candles)and a spread of this bar is narrow compared to the previous two bars with the price closing in the middle or low of the bar, with volume less than the previous two bars (or candles). This shows that there is ‘no demand’ bar.
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Re: NSND indicator

Postby Apprentice » Sat Feb 03, 2018 3:40 pm

Your request is added to the development list under Id Number 4031
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Re: NSND indicator

Postby Apprentice » Tue Feb 06, 2018 4:14 am

you can clarify " with the price closing in the middle or high of the bar"
compared to the previous candle?
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Re: NSND indicator

Postby nookie » Tue Feb 06, 2018 5:15 am

no, I meant compared to the current candle, apologies for the confusion,

middle > 40 % to 60 % of candle body ratio.
high > 60 % to 100% of candle body ratio.
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