MJ Indicators Help Info
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$$$ NOTE $$$: If you post the indicator somewhere or mail it to a friend: please include also the info file so that they may benefit from it too. THANKS
Is a CHART indicator which calculates and plots for the current Day Price Projections a bit similar to ATR (Average True Range) but has 2 methods (each slightly different) of calculations of the DPP.
COMPARE TO OTHER INDICATORS: with my the full featured DDP indicator.
Other Input Parameters which are specific to this Indicators etc....
_____________1_____________ = "<<< DPP SETTINGS >>>"
*iDPPPeriod: Number of Bars included in the averaging process. Must be greater than 2.
*iDPPMethod: 2 slightly different ways to calculate the final DPP:
*iSkipBarsOfWeekday: Can be used to skip in the calculation the data of the specified Weekday. Use -1 to avoid skipping anything Otherwise use any of (0 means Sunday,1,2,3,4,5,6)
*dDPProjPercInArea: Must be less than 100 %. The main idea is to use this to create a DPP inner area - far enough from the Full Day Price Projection.
_____________2____________ = "<<< PLOT ENTRY DIRECTION >>>"
*iInfoCorner: For EntryDirection Icon the corner. Integer value to set/get anchor corner property for label objects. Must be from 0-3.
*iEntryDirectionDistanceX Moves Sign EntryDirection horizontal: the Integer value to set/get anchor X distance object property in pixels.
*iEntryDirectionDistanceY Moves Sign EntryDirection vertical: Integer value is to set/get anchor Y distance object property in pixels.
*iEntryDirectionBackFontSize For EntryDirection Background the FontSize.
*iEntryDirectionSignFontSize For EntryDirection Sign the FontSize.
*cEntryDirectionBackUpDn BACKGROUND: EntryDirection square color if EITHER(Up or Down) is the possible suggestion. NOTE: this are not suggested entries as such. It's just an additional suggestion to be considered base on the DPP input settings.
*cEntryDirectionSignUP Sign: EntryDirection color if ONLY UP is the possible suggestion.
*cEntryDirectionSignDN Sign: EntryDirection color if ONLY DOWN is the possible suggestion.
*cEntryDirectionBackBOTH BACKGROUND: EntryDirection square color if BOTH(Up and Down) is the possible suggestion. NOTE: this are not suggested entries as such. It's just an additional suggestion to be considered base on the DPP input settings.
*cEntryDirectionSignBOTH Sign: EntryDirection color if BOTH(Up and Down) is the possible suggestion.
*cEntryDirectionBackWARN BACKGROUND: EntryDirection square color if NONE (WARNING) is the possible suggestion. NOTE: this are not suggested entries as such. It's just an additional suggestion to be considered base on the DPP input settings.
*cEntryDirectionSignWARN Sign: EntryDirection color if NONE (WARNING) is the possible suggestion.
===== END OF ===== OTHER INPUT VARIABLES =====