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Abokwaik replies to PMs 96 replies

Hanover - can you help me with MT4 qs please? 4 replies

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Hanover replies to PMs

  • #1,101
  • Edited 3:15am Apr 16, 2018 2:22am | Edited 3:15am
Quoting hanover
{quote}Haha, classic Python! I also enjoy Livia's (wife of emperor Caesar Augustus) speech to the bewildered gladiators in the BBC TV series I Claudius -- how Sian Phillips kept a straight face delivering these lines is beyond me. Her performance runs from around 32:25 to 34:30 in the clip below. https://www.youtube.com/watch?v=d3kKfXTwa2A
Hehehe....'I don't want any kissing in the ring stuff"....That was a blast from the past H :-) I loved I Claudius. Me and my other siblings used to call it Clavdivs and were always eager to watch it when our Dad got home.....that and The Onedin Line. Quite risque for the time. Jacobi et al were glorious to watch in action.
  • #1,102
  • Apr 19, 2018 1:50pm Apr 19, 2018 1:50pm
Dear Hanover

I ve been told that you were the man that could help me

i m struggling knowing how many pips it is

ex:

i m trading GBPUSD, i buy at 1.42295 and sell at 1.42586, so i m up 0.00291 which is equal to 29 pips right?

now for silver

i buy at 16.548 and sell at 16.633
i m up 0.085, is that 8.5 pip?

now XRPBTC

i buy at 0.000081976 and sell at 0.000083013

i m up 0.000001037 is that 1037 pips?

now for btcusd

i buy at 8000 and sell at 8100, what am i up?


is there a calculator that can calculate pips for you?

thx a lot
  • #1,103
  • Apr 19, 2018 3:20pm Apr 19, 2018 3:20pm
Quoting Shabs19
{quote} If you press CTRL M you will get the Market watch list. Right click on the symbol you want & then click on specification. All the info will show for your broker in MT4

Sorry i do not use Mt4
  • #1,104
  • Apr 19, 2018 3:27pm Apr 19, 2018 3:27pm
Quoting priceaction9
{quote} Sorry i do not use Mt4
Try here:
https://www.oanda.com/forex-trading/...it-calculator/
It never gets easier, you just get better
  • #1,105
  • Apr 19, 2018 3:31pm Apr 19, 2018 3:31pm
Quoting Shabs19
{quote} Try here: https://www.oanda.com/forex-trading/...it-calculator/

Thx Shabs19, but i think you didnt understand my question

XRPBTC

i buy at 0.000081976 and sell at 0.000083013

i m up 0.000001037 is that 1037 pips? 1037 sats? 103.7 pips? ....?

thx
  • #1,106
  • Apr 19, 2018 3:53pm Apr 19, 2018 3:53pm
Quoting priceaction9
{quote} Thx Shabs19, but i think you didnt understand my question XRPBTC i buy at 0.000081976 and sell at 0.000083013 i m up 0.000001037 is that 1037 pips? 1037 sats? 103.7 pips? ....? thx
Applying logic that is 1037 ticks or 103.7 pips as there are 10 ticks to a pip ( in forex anyway).
Tick value, your broker should tell you.
Don't trade cryptos, so I would double check.
It never gets easier, you just get better
  • #1,107
  • Edited 4:47pm Apr 19, 2018 4:32pm | Edited 4:47pm
Quoting priceaction9
is there a calculator that can calculate pips for you?
The following is my understanding. Anybody please feel welcome to correct me if I'm wrong.

The basic unit that Metatrader uses is a 'point', not a 'pip'. A point is the smallest movement that an instrument can make, i.e. it is the final decimal place that you can see whenever MT4 displays price. Some folk call it a 'pipette'. Pit and futures traders used to talk about price movement in 'ticks', not 'pips'.

A 'pip' is explained here. For the major currencies in use in MT4, a pip works out as being equal to 10 points, even for JPY pairs, consistent across virtually all brokers. For exotics, metals, indices, cryptocurrencies etc, a 'pip' has no consistent meaning. That is the (unfortunate) answer to your question, at least as far as I know.

Quoting priceaction9
Sorry i do not use Mt4
Sorry, I had composed the above answer to your original post before I read this.
  • #1,108
  • Apr 19, 2018 4:38pm Apr 19, 2018 4:38pm
Quoting hanover
{quote} The following is my understanding. Anybody please feel welcome to correct me if I'm wrong. The basic unit that Metatrader uses is a 'point', not a 'pip'. A point is the smallest movement that an instrument can make, i.e. it is the final decimal place that you can see whenever MT4 displays price. Some folk call it a 'pipette'. A 'pip' is explained here. For the major currencies in use in MT4, a pip works out as being equal to 10...
thx a lot

so if BCH goes from 600 and sell at 700, you say it went up by 100 what?

and

if XRPBTC went from 0.000081976 to 0.000083013, you say it went up by..........

thx in advance
  • #1,109
  • Apr 19, 2018 4:46pm Apr 19, 2018 4:46pm
Quoting priceaction9
thx a lot so if BCH goes from 600 and sell at 700, you say it went up by 100 what? and if XRPBTC went from 0.000081976 to 0.000083013, you say it went up by.......... thx in advance
Sorry, I don't know the terminology used for bitcoin, as I don't trade it. You could try Google, or asking your broker (the units/terminology may differ from broker to broker, I don't know), or posing the question on one of the bitcoin forums.
  • #1,110
  • Apr 23, 2018 10:35am Apr 23, 2018 10:35am
Hi Hanover, i was sent your way in search of a TDI indicator that works for renko charts but does not repaint at all. i was told you might know of something like this?
  • #1,111
  • Apr 23, 2018 12:57pm Apr 23, 2018 12:57pm
Quoting sorostrustfu
i was sent your way in search of a TDI indicator that works for renko charts but does not repaint at all. i was told you might know of something like this?
Sorry, I have never used renko.
  • #1,112
  • Apr 24, 2018 12:53am Apr 24, 2018 12:53am
Quoting hanover
{quote}Sorry, I have never used renko.
thats ok. have you heard of a tdi indicator that doesn't repaint bar 1 at all?
  • #1,113
  • Apr 24, 2018 1:08am Apr 24, 2018 1:08am
Any one can help me with one click tools
  • #1,114
  • Edited 2:32am Apr 24, 2018 2:17am | Edited 2:32am
Quoting Seunboi4u
Any one can help me with one click tools
Assuming I understand what you're asking, try watching videos like those here and here. Use Google to find many more.

[Note: I merely Googled "mt4 one click tool help" to find resources that might help answer your question, and those videos were hits near the top of the returned list. I don't necessarily endorse any brokers or products being promoted in the videos.]
_______________________________

Quoting sorostrustfu
thats ok. have you heard of a tdi indicator that doesn't repaint bar 1 at all?
Hi,

I haven't used TDI for a long time now, so I can't answer your question off the top of my head.

However, I've just watched the attached TDI indicator for about 10 minutes on the EURUSD, M1 chart. Although the TDI lines moved around (including apparently relative to each other) whenever the chart subwindow replotted itself as price jumped suddenly enough, I kept the mouse crosshair over the most recently completed candle (which I assume is what you mean by "bar 1") with MT4's data window open, and as far as I could tell, the values highlighted in the attached screenshot never changed. Values for previous candles (bar 2,3,4,....) likewise didn't change.
Attached Image (click to enlarge)
Click to Enlarge Name: PPI 857.png Size: 134 KB

However, if by "bar 1" you mean the current candle in progress, then (obviously) the TDI values change as they are immediately recalculated as they react to changes in price.

Despite being fairly old, the attached indicator is quite comprehensive as it allows MTF TDIs, and also some alerts facilities.

Hope this helps. If I haven't understood your question correctly, please repost and I will try again.

David
Attached File(s)
File Type: ex4 TDI_mtf+alerts.ex4   13 KB | 817 downloads
File Type: mq4 TDI_mtf+alerts.mq4   20 KB | 867 downloads
  • #1,115
  • Apr 24, 2018 3:05am Apr 24, 2018 3:05am
Quoting hanover
{quote} Assuming I understand what you're asking, try watching videos like those here and here. Use Google to find many more. [Note: I merely Googled "mt4 one click tool help" to find resources that might help answer your question, and those videos were hits near the top of the returned list. I don't necessarily endorse any brokers or products being promoted in the videos.] _______________________________ {quote} Hi, I haven't used...
thanks for your quick reply. as i said im using the tdi with renko charts, attached, and the problem im having is the most recently completed candle(bar 1) repaints as well when the price moves up and down. not necessarily the values, but the slope of the indicator definitely changes. i know this is a very obscure thing to ask but i was told you'd be the man to speak to and clearly you are. it might not be fixable the way i want it, but basically i just want bar 1 not the move in any way
Attached Image (click to enlarge)
Click to Enlarge Name: renko10.png Size: 51 KB
  • #1,116
  • Edited 4:12am Apr 24, 2018 4:00am | Edited 4:12am
Quoting sorostrustfu
thanks for your quick reply. as i said im using the tdi with renko charts, attached, and the problem im having is the most recently completed candle(bar 1) repaints as well when the price moves up and down. not necessarily the values, but the slope of the indicator definitely changes. i know this is a very obscure thing to ask but i was told you'd be the man to speak to and clearly you are. it might not be fixable the way i want it, but basically i just want bar 1 not the move in any way
Renko isn't native to MT4, hence I assume that the M67 chart in your screenshot is a synthetic chart that has been created by an EA. This potentially complicates things, in that it's hard to know whether the repainting is caused by the calculation in the TDI indicator itself, or in the values that it is using in the calculation, that it obtains from the chart that's created by the EA.

TDI is a derivative of MT4's RSI indicator. You could try attaching RSI into a separate subwindow of your chart, to see whether bar 1 of the RSI repaints. If it does repaint, then this would point to the problem being caused in that the value that it's picking up from the EA is somehow changing retrospectively. If it doesn't repaint, then you know that the problem exists within the TDI indicator itself.

Admittedly that doesn't solve your problem, but it does get you one step closer to identifying its probable cause. And if you're going to have a programmer fix the problem, he would first need to know whether he needs to change the renko EA, or the TDI indicator.
  • #1,117
  • Apr 24, 2018 4:45am Apr 24, 2018 4:45am
Quoting hanover
{quote} Renko isn't native to MT4, hence I assume that the M67 chart in your screenshot is a synthetic chart that has been created by an EA. This potentially complicates things, in that it's hard to know whether the repainting is caused by the calculation in the TDI indicator itself, or in the values that it is using in the calculation, that it obtains from the chart that's created by the EA. TDI is a derivative of MT4's RSI indicator. You could try attaching RSI into a separate subwindow of your chart, to see whether bar 1 of the RSI repaints....
again thanks for your help. i use the offline renko chart generator i found on here that is actually an indicator, and not an ea. https://www.forexfactory.com/showthread.php?t=684131

so im not sure if that rules out the charts or not but what i can say is when i reconstructed the tdi indicator using the mt4 rsi i experienced the same problem, so im thinking its specifically the TDI indicator but i could be wrong. i'll experiment with a different renko chart maybe
  • #1,118
  • Apr 25, 2018 12:18am Apr 25, 2018 12:18am
Hi Hanover,

Do you know of any text /headline/template/bigger text font indicator which can be used to print small or big text with colorful fonts or backgrounds on the screen for the purpose of teaching or describing the template saved?

Kindly provide the links for such indicators.

Thnak you.
Practice makes a person perfect
  • #1,119
  • Edited 5:44am Apr 25, 2018 2:18am | Edited 5:44am
Quoting sorostrustfu
i use the offline renko chart generator i found on here that is actually an indicator, and not an ea. https://www.forexfactory.com/showthread.php?t=684131
Sorry, I'm not familiar with how the indicator in the link operates. As the files are all EX4s I can't read them. Hence I don't believe that I can help you further.
___________________________

Quoting simnz
Do you know of any text /headline/template/bigger text font indicator which can be used to print small or big text with colorful fonts or backgrounds on the screen for the purpose of teaching or describing the template saved? Kindly provide the links for such indicators. Thnak you.
Please excuse me, as I'm struggling to make sense of your request.

Text as displayed on a MT4 chart as objects. The text in the object description is displayed on the chart, up to a maximum of 60 characters. The font, size, colour etc of the text is determined by the object's settings. A script, indicator, or EA is capable of creating and plotting objects with whatever settings are specified by the program code.

An indicator can't possibly know what you are trying to teach, and therefore what text you want to display. Hence what I suggest is that you manually create your own text objects along with your desired fonts, sizes, colours etc, and then save these as part of the template (or create a new template specifically for the education, if you want to leave your original template intact).

Hence the simple answer is that I doubt that any such indicator exists, for the reasons that I gave.

Sorry if I've misunderstood. Please feel welcome to post again to clarify further, if you wish.
Attached Image
  • #1,120
  • Apr 25, 2018 2:48am Apr 25, 2018 2:48am
Quoting hanover
{quote}Sorry, I'm not familiar with how the indicator in the link operates. As the files are all EX4s I can't read them. Hence I don't believe that I can help you further. ___________________________ {quote} Please excuse me, as I'm struggling to make sense of your request. Text as displayed on a MT4 chart as objects. The text in the object description is displayed on the chart, up to a maximum of 60 characters. The font, size, colour etc of the text is determined by the object's settings. A script, indicator, or EA is capable of creating and plotting...
Sorry for causing confusion. I remember u had posted 10 years ago a couple of indicators which could display text on the chart. Text had to be input in the indicator or loaded from the set files.
Practice makes a person perfect
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