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Software tools for LauraT's Roadmap

  • #21
  • Edited 5:45am Apr 25, 2020 5:33am | Edited 5:45am
Hey guys,

Firstly I would like to take the time to appreciate how fast this dashboard was created and how it would improve trading the roadmap.

Secondly, I would like to thank hanover for once again giving his time to code such an efficient indicator that would shorten the scan timings required for multiple pairs.

Notable settings that I have made are:
ATRdays set to '0'
PrintRSIvalues = 'False'
Proximity Threshold = '0.2'

In short with the settings in my template, any box that lights up in the dashboard tells me that the channel is either touching, or brushing against the SMA in the respective timeframes.

Red = RSI2/9: <40
Green = RSI2/9: >60
Beach = RSI2/9: 40 > x < 60

My personal template of which you would achieve the look of the dashboard shown is attached, feel free to modify it to your requirements!

Attached Image

Attached File(s)
File Type: tpl roadmaphanover.tpl   14 KB | 770 downloads

(Simply download the template and copy it over to a fresh chart and shrinking the specific window to the desired size)
  • #22
  • Apr 25, 2020 6:25am Apr 25, 2020 6:25am
Quoting hanover
Hey folks, thanks for the kind words. I've updated the indicator with a new option PrintRSIvalues which, if set to true, prints the RSI value instead of the Wingdings symbol. Download from post #1. {quote} I will try to explain using a graphic. The distance between the green lines is the width of the EMA(8) channel. ProximityThreshold is based on multiples of the channel width. Suppose you set it to 0.5, i.e. half the channel width (the distance between the blue lines). Now mentally shift the blue lines, keeping the spacing between them the same,...
Thanks for the work hanover, I usually work with 1 to 3 index only. would it he possible to add push notification alert on these?
  • #23
  • Apr 25, 2020 8:25am Apr 25, 2020 8:25am
Great tool @hanover
___
1 issue that may need attention.
As seen in the image, when PositionSettings =TL, the heat map dots misalign from the Period.
TR is okay.
___

Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 17 KB


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Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 37 KB
L.L.L.T
  • #24
  • Edited 2:22pm Apr 25, 2020 12:40pm | Edited 2:22pm
Quoting MarkStep
I usually work with 1 to 3 index only. would it he possible to add push notification alert on these?
Don't understand what you mean by "1 to 3 index only".

From post #1: "Alerts and other features will be coming in the next release, if/when I get some spare time. " Also, please understand that alerts are problematic, i.e. we need to potentially avoid a situation where the alerts occur repeatedly if the symbol's price movement oscillates in and out of the alert criteria. This is exacerbated further by the fact that we are scanning many symbols and up to 9 timeframes; you could potentially be getting dozens of messages every minute. Hence I need to give all of this some careful thought.

Quoting KayStreet
1 issue that may need attention. As seen in the image, when PositionSettings =TL, the heat map dots misalign from the Period.
This is difficult because the alignment changes depending on what font (proportional or monospaced) and font size you select. However, I have made a correction that should help if you use the default settings (Consolas, size 14). I have updated post #1 with the new version.
Attached Image
  • #25
  • Apr 25, 2020 1:23pm Apr 25, 2020 1:23pm
Quoting hanover
{quote} Don't understand what you mean by "1 to 3 index only". From post #1: "Alerts and other features will be coming in the next release, if/when I get some spare time. " Also, please understand that alerts are problematic, i.e. we need to potentially avoid a situation where the alerts occur repeatedly if the symbol's price movement oscillates in and out of the alert criteria. This is exacerbated further by the fact that we are scanning many symbols and up to 9 timeframes; you could potentially be getting dozens of messages every minute. Hence...
Yes that is my concern also it will freeze with that much symbol. Thats is why I stated I only trade Maximum 3 indices. Dow dax and Sp500, and for the alert I will be satisfied using 1 time frame only. Regards!!
  • #26
  • Apr 26, 2020 3:14am Apr 26, 2020 3:14am
Quoting hanover
.... I have made a correction that should help if you....
____
Sorted with the new updated version.
Thank you.
L.L.L.T
  • #27
  • Apr 26, 2020 6:40am Apr 26, 2020 6:40am
Quoting hanover
{quote} Don't understand what you mean by "1 to 3 index only". From post #1: "Alerts and other features will be coming in the next release, if/when I get some spare time. " Also, please understand that alerts are problematic, i.e. we need to potentially avoid a situation where the alerts occur repeatedly if the symbol's price movement oscillates in and out of the alert criteria. This is exacerbated further by the fact that we are scanning many symbols and up to 9 timeframes; you could potentially be getting dozens of messages every minute. Hence...
Hi Hanover

Thanks for a great tool to compliment Laura's Roadmap strategy, I'm still going through it and learning as I go.
Just one question, how do you get the currency symbols and the M1 M5 etc on the left hand side.

Thanks in advance for your help.
  • #28
  • Apr 26, 2020 7:13am Apr 26, 2020 7:13am
Quoting gravitio
..... how do you get the currency symbols and the M1 M5 etc on the left hand side....
____
In the Indicator properties, on PositionSettings, change TR to TL.
L.L.L.T
  • #29
  • Apr 26, 2020 10:58am Apr 26, 2020 10:58am
Quoting KayStreet
{quote} ____ In the Indicator properties, on PositionSettings, change TR to TL.
Thank you so much for your help KayStreet that worked, happy profitable trading when the markets are back.
  • #30
  • Apr 26, 2020 11:58am Apr 26, 2020 11:58am
@hanover,
many thanks for your excellent work. This makes the scanning of the individual currency pairs much easier.
  • #31
  • Apr 26, 2020 4:42pm Apr 26, 2020 4:42pm
Amazing work and generosity, Hanover, big thank you!
Trading S/R with PA only. No indicators anymore!
  • #32
  • Apr 27, 2020 1:21am Apr 27, 2020 1:21am
Thanks everybody for the kind words. I hope that the dashboard/scanner is making the task of finding potential setups easier. Please continue to report any bugs or anomalies. All going well, I'm planning on adding alerts (popup, email, push notifications) during the coming week.

Quoting Forex4pty
I was about to code something similar and shared it with Laura too
My apologies, I didn't mean to hijack your project.
  • #33
  • Edited 7:16am Apr 27, 2020 2:32am | Edited 7:16am
Quoting haul
Hey guys, Firstly I would like to take the time to appreciate how fast this dashboard was created and how it would improve trading the roadmap. Secondly, I would like to thank hanover for once again giving his time to code such an efficient indicator that would shorten the scan timings required for multiple pairs. Notable settings that I have made are: ATRdays set to '0' PrintRSIvalues = 'False' Proximity Threshold = '0.2' In short with the settings in my template, any box that lights up in the dashboard tells me that the channel is either touching,...

Hey guys,

I just got to looking at the market movement and to finally use the indicator for scanning trades, I quickly realised that the settings that I made might not be the most realistic in catching most of the pairs in the market.

Most importantly, the value in Proximity Threshold is key to making sure you get the indication on the trades that are near, at or even already making the move.

As such I have amended "Proximity Threshold = 1" (Instead of previously being 0.2)

Reason being it would allow me to catch set ups that may have already had channel failure/entries and are already on their way in the intended direction.

I have also found practical usage in displaying the RSI Composite Value even though I have previously mentioned that I did not feel like I should not put in work at all thus not displaying it.

I realized at the end of the day the purpose of indicators are to provide an efficient and accelerated view in displaying information such that you can spend the time on more important aspects such as execution.

Disclaimer: At the end of the day, each person is responsible for learning the uses of the indicator and set it to how it best fits your trading style, I cannot be responsible for your trade results. This is solely for my own records and to contribute a part to this amazing indicator.

Attached Image

Attached File(s)
File Type: tpl roadmapnewhanover.tpl   48 KB | 713 downloads

(edit: I realised I had given a different name for the updated indicator and thus updated this new template to use the original indicator name instead. Apologies!)

TL;DR Realized that some settings were not practical from my template, changed them and here is a new template that might not be as aesthetic but it works better for me. (Alternatively just make this change "Proximity Threshold = 1" from my previous template)
  • #34
  • Apr 27, 2020 4:33am Apr 27, 2020 4:33am
Quoting hanover
Thanks everybody for the kind words. I hope that the dashboard/scanner is making the task of finding potential setups easier. Please continue to report any bugs or anomalies. All going well, I'm planning on adding alerts (popup, email, push notifications) during the coming week.
This is great, Hanover. It certainly helps. Thanks for your generosity and the continuous improvements. Looking forward to the next ones.
  • #35
  • Apr 28, 2020 3:40pm Apr 28, 2020 3:40pm
My dashboard does not display arrows but letters...?
What can I do about it?
Many thanks in advance!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Bildschirmfoto 2020-04-28 um 22.37.33.png Size: 121 KB
Click to Enlarge Name: Bildschirmfoto 2020-04-28 um 22.39.16.png Size: 106 KB
  • #36
  • Apr 28, 2020 3:55pm Apr 28, 2020 3:55pm
Quoting colbru
My dashboard does not display arrows but letters...? What can I do about it? Many thanks in advance! {image} {image}
Hi, not a hundred percent shaw, but i seem to remember a few guy's having a similar problem with an indicator a few weeks back. I think the solution was something to do with after a windows update, you had to go into fonts and correct somrthing there hope this helps,i'm sure one of the others on here with a bit more knowledge will be able to help better.
  • #37
  • Edited 7:51pm Apr 28, 2020 6:10pm | Edited 7:51pm
Quoting colbru
My dashboard does not display arrows but letters...? What can I do about it?
It uses the "Wingdings 3" font. Do you have it installed?

If not, you could download it from here (video on how to install fonts for Windows 10 here).
___________________________

Progress update:

1. I've added an option to print the RSI composite values even if the EMA(8) channel is outside the proximity of the SMA(200).

2. I've fixed a small bug with the ADR high/low calculations. It's been a process of trial and error to get it to match the calculation in !SM_ADR Marker, because I don't have the .mq4 file for that indicator. I will post the updated version of the dashboard when I have finished testing.

Then I will start work on the alerts.........
  • #38
  • Apr 28, 2020 6:12pm Apr 28, 2020 6:12pm
Quoting hanover
{quote} It uses the "Wingdings 3" font. Do you have it installed? ___________________________ Progress update: 1. I've added an option to print the RSI composite values even if the EMA(8) channel is outside the proximity of the SMA(200). 2. I've fixed a small bug with the ADR high/low calculations. It's been a process of trial and error to get it to match the calculation in !SM_ADR Marker, because I don't have the .mq4 file for that indicator. I will post the updated version of the dashboard when I have finished testing. Then I will start work on...
Great job as always! TY. I agree, functionality over bells and whistles.
  • #39
  • Apr 28, 2020 11:04pm Apr 28, 2020 11:04pm
Quoting hanover
{quote} It uses the "Wingdings 3" font. Do you have it installed?
Thanks Hanover, installing the Font did it!
  • #40
  • Apr 29, 2020 12:24am Apr 29, 2020 12:24am
Quoting hanover
{quote} It uses the "Wingdings 3" font. Do you have it installed? If not, you could download it from here (video on how to install fonts for Windows 10 here). ___________________________ Progress update: 1. I've added an option to print the RSI composite values even if the EMA(8) channel is outside the proximity of the SMA(200). 2. I've fixed a small bug with the ADR high/low calculations. It's been a process of trial and error to get it...
Hi! I found this but can't read
Attached File(s)
File Type: mq4 !SM_ADR Marker.mq4   12 KB | 582 downloads
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