Nice, clean and accurate. Thatīs what I call a perfect indicator.
Thank you very much.
Check your pm later mate.
Thank you very much.
Check your pm later mate.
Recent Candles indicator 235 replies
Recent Strength indicator 860 replies
Recent Prices indicator 24 replies
DislikedI may however have answered my own question, if I remove my MTF_HI_LOW_V1 indicator, then this works OK.Ignored
Everybody's idea as to what represents significant S/R is different, and you can adjust these parameters to suit your personal view. Read the Word doc (attached to post #1) for more info, and experiment until you find settings that suit you. If, for example, you want EVERY high/low of the last 100 D1 candles plotted (i.e. no filters for visibility or frequency), use:
ParameterFile = "X";
TimeFrame = "D1";
LookbackCandles = 100;
StartDateTime = "1971.01.01 00:00";
IncludeCurrentCandle = false;
BandwidthPips = 2.0;
FrequencyLevels = "1";
FrequencyColors = "Blue";
IncludeNextBandAbove = false;
VisibilityLevel = "0";
ClearancePips = 0;
CandleHighsValid = true;
CandleLowsValid = true;
CandleClosesValid = false;
AllCandlePointsValid = false;
FilledBoxes = true;
DislikedJust a quick thanks for the great indi.
You may be interested to see that I have managed to incorporate it into an EA, to automate S/R areas.
http://www.forexfactory.com/showpost...&postcount=225
Keep up the great work - much appreciatedIgnored
DislikedI just wanted to thank you for a great update with the new parameters. I'm finding the indi a great compliment to finding S&R levels by visual inspection.
I'm a big fan of market profile so I've been trying out the price histogram (which I didn't bother with before) and it's a nice way to look at the frequency distribution of price.
Many thanks for your generosity and hard work.Ignored
DislikedHanover, what is the max number you can use for LookbackCandles for the price histogram?
Ignored
DislikedThe array sizes are currently set to hold a maximum of 9,999 elements.Ignored
DislikedLatest update: version 1.01, uploaded February 1, 2010
Latest changes to this post in red typeface
Disclaimer: The attached indicator is supplied 'as is', free of charge. No warranty or obligation of support is implied. Download and use it at your own risk. I hope that you find it useful. It's the initial v1.0 release, please feel welcome to post questions, and report any bugs or shortcomings in this thread.
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This is the most sophisticated...Ignored
DislikedHi Hanover,
I am interested to try your Recent_SR indicators........Ignored
DislikedHi Hanover,
I am interested to try your Recent_SR indicators.
There are 3 files in your post. While there is no problem to download the Instructions file (word file), the other 2 files, the Preset (txt) and the Recent_SR (ex4) gave me problems.
When I tried to save the problematic ones, the Open/Save window that pops up indicates that the File Name= attachement.php and the File Type = php_auto_file. Clicking on the 'save' button somehow opened up the Zip software prompting me to create a zip file. I am stumped!
Are you able to shed some light...Ignored
DislikedI am trying to set up your indicator to show me just simple s&r lines, in red, based on the last 200 bars. I would like the lines to touch the close of a candle rather than the top of the wick.
Could you please let me know the settings for this type of set up.Ignored
DislikedGlynn,
Please see the graphic below. The parameters shown will produce the chart shown. This is generating a line from the close of each one of the last 200 bars. I've switched to a line chart to show that the lines do in fact emanate from the candle closes, as opposed to highs/lows. I'm not sure if this is the outcome you were after, but it's based upon my interpretation of your request.
DavidIgnored