Renko Charts + MindHero = Almost Holy Grail - page 2

There you are, not exactly a HolyGrail... you can run your own tests or modify my code as you like.

Added BollingerBandPercent indicator to filter entries in which bands are stretched to prevent a breakout in an out of the money direction.

 //+------------------------------------------------------------------+
//|                                               BandsBandwidth.mq4 |
//|                                Copyright © 2009, Investors Haven |
//|                                                                  |
//+------------------------------------------------------------------+
#property copyright "Copyright © 2009, Investors Haven"
#property link      ""

#property indicator_separate_window
//#property indicator_minimum 0
//#property indicator_maximum 10000
#property indicator_buffers 1
#property indicator_color1 LightSeaGreen
#property indicator_width1 2
#property indicator_style1 0

//---- indicator parameters
extern int    BandsPeriod=20;
extern int    BandsShift=0;
extern double BandsDeviations=2.0;
//---- buffers
double MovingBuffer[];
double UpperBuffer[];
double LowerBuffer[];
double Bandwidth[];
//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int init()
  {
  //---- 3 additional buffers are used for counting.
   IndicatorBuffers(4);
  //---- indicators
   SetIndexStyle(0, DRAW_LINE);
   SetIndexBuffer(0,Bandwidth);
   SetIndexStyle(1,12);
   SetIndexBuffer(1,MovingBuffer);
   SetIndexStyle(2,12);
   SetIndexBuffer(2,UpperBuffer);
   SetIndexStyle(3,12);
   SetIndexBuffer(3,LowerBuffer);
//----
   SetIndexDrawBegin(0,BandsPeriod+BandsShift);
   SetIndexDrawBegin(1,BandsPeriod+BandsShift);
   SetIndexDrawBegin(2,BandsPeriod+BandsShift);
   SetIndexDrawBegin(3,BandsPeriod+BandsShift);
   IndicatorShortName("Bollinger Bandwidth");
   IndicatorDigits(MarketInfo(Symbol(),MODE_DIGITS) - 5);

   return(0);
  }
//+------------------------------------------------------------------+
//| Bollinger Bands                                                  |
//+------------------------------------------------------------------+
int start()
  {
   int    i,k;
   double deviation;
   double sum,oldval,newres;
//   Print("here");

   if(Bars<=BandsPeriod) return(0);
   
   int counted_bars = IndicatorCounted();
   if(counted_bars < 0)  return(-1);
   if(counted_bars > 0)   counted_bars--;
   int limit = Bars - counted_bars;
   if(counted_bars==0) limit-=1+BandsPeriod;
         
/*//---- initial zero
   if(counted_bars<1)
      for(i=1;i<=BandsPeriod;i++)
        {
         MovingBuffer[Bars-i]=EMPTY_VALUE;
         UpperBuffer[Bars-i]=EMPTY_VALUE;
         LowerBuffer[Bars-i]=EMPTY_VALUE;
         Bandwidth[Bars-i]=EMPTY_VALUE;
         Print("Buffers cleaned");
        }
*/        
//----
   /*int limit=Bars-counted_bars;
   if(counted_bars>0) limit++;*/
   
   for(i=0; i<limit; i++)
      MovingBuffer[i]=iMA(NULL,0,BandsPeriod,BandsShift,MODE_SMA,PRICE_CLOSE,i);
//----
//   i=Bars-BandsPeriod+1;
//   if(counted_bars>BandsPeriod-1) i=Bars-counted_bars-1;
   i=limit;
//   Print("i is:", i);
   while(i>=0)
     {
      sum=0.0;
      k=i+BandsPeriod-1;
      oldval=MovingBuffer[i];
      while(k>=i)
        {
         newres=Close[k]-oldval;
         sum+=newres*newres;
         k--;
        }
      deviation=BandsDeviations*MathSqrt(sum/BandsPeriod);
      UpperBuffer[i]=oldval+deviation;
      //Print("UpperBuffer is:", UpperBuffer[i]);
      LowerBuffer[i]=oldval-deviation;
      //Print("LowerBuffer is:", LowerBuffer[i]);
      Bandwidth[i]=MathFloor((UpperBuffer[i] - LowerBuffer[i])*10000);
      //Print("Bandwidth is:", Bandwidth[i]);
      i--;
     }
//----
   return(0);
  }
//+------------------------------------------------------------------+

In my previous post you will find BollingerBandwidth indicator.

using this indicator for filtering MindHeroe's signals in which the market is stable and price action is low; this scenario could lead to a reversal. I preffer to open new positions in a trending market while using mindheroe.

has for mt5

Could anyone help me? Could you convert these indicators or do they have them in mt5?

Firstly it is illegal to decompile code, and second it takes a lot of time and research to study an existing indicator in order to replicate its functionality.

So, try to to contact the authors or the sources of the original indicators to see if you can obtain the valid and legal source code or a newer MT5 versions!

If all else fails, then you can request and hire someone to study them and make alternatives that function the same or similar to them, but do not request decompilation or you will be banned!

kindly check your message. thank you

In my mt4 doesn' give anything!Can anyone help me to fix it?