Auction Market Value Theory & Analytics
Hi guys Will you agree with me when i say that the total high and low range are not divided into 4 equal quadrants? {image}
Hi guys Will you agree with me when i say that the total high and low range are not divided into 4 equal quadrants? {image}
Important to understand is the concept of Overlay in a specific Timeframe, in a few words it is an envelope of prices in the last days, and helps understanding where the value is and if the value is stable or not. An Overlay is "Bracketing" when the price stays in a channel, almost if the price was "between brackets". When you have Overlays Bracketing in different timeframes, it means that the price is wandering in the same channel since many days..
Hi guys Will you agree with me when i say that the total high and low range are not divided into 4 equal quadrants?
Quadrant definition and meaning | Collins English Dictionary https://www.collinsdictionary.com/di...glish/quadrant A quadrant is one of four equal parts into which a circle or other shape has been divided. Page 1 contradicts page 2. {image}
More findings... {image} {image}
{quote} On an idealized sample of an overlay demand curve, the bracket limits don't look too much different from the high & low of the profile. Enough so, to scam a bunch of people out of $3,000 into thinking a "Overlay Demand Curve" is simply a "channel of high low prices over several days". That calculating an "Overlay Demand Curve" is as simple as plotting/calculating a channel.
https://www.mql5.com/en/market/product/27657
{quote} DAMN! So I was not wrong to smell fishy things when he purported his EA prowess with astronomical historical results. Damn I could have done the same if not worst with just my multi day highlow breakout strategy with a combo of RSI+OBV+MACD+MA++++++++++. He even have the audacity to ask me to relay to you to include his link of his scam work) here since he was block form submitting a post here. Talk about not commercialising his EA the last time i asked of him. Oh how are your doing Claudia
A linear equation in two variables describes a relationship in which the value of one of the variables depends on the value of the other variable. In a linear equation in x and y, x is called x is the independent variable and y depends on it. We call y the dependent variable. If the variables have other names, yet do have a dependent relationship, the independent variable is plotted along the horizontal axis. Most linear equations are functions (that is, for every value of x, there is only one corresponding value of y). When you assign a value to the independent variable, x, you can compute the value of the dependent variable, y. You can then plot the points named by each (x,y) pair on a coordinate grid. The real importance of emphasizing graphing linear equations with your students, is that they should already know that any two points determine a line, so finding many pairs of values that satisfy a linear equation is easy: Find two pairs of values and draw a line through the points they describe. All other points on the line will provide values for x and y that satisfy the equation.
Describing Linear Relationships
The graphs of linear equations are always lines. One important thing to remember about those lines is: Not every point on the line that the equation describes will necessarily be a solution to the problem that the equation describes.
Pasted from <https://www.eduplace.com/math/mathsteps/7/d/index.html>.
With all that said There should be no misunderstanding by what I mean when I used the words LINEAR and NONLINER..............
On to the next point.....................................
Pasted from <https://book.mql4.com/appendix/glossary>
Buffer is a memory area containing numeric values of an indicator array. (linear structure)
Pasted from <https://book.mql4.com/appendix/glossary#s_3>
Arrays
A large part of information processed by application programs is contained in arrays. (linear structure)
Concept of Arrays
Array is an arranged set of values of one-type variables that have a common name. Arrays can be one-dimensional and multidimensional. The maximum admissible amount of dimensions in an array is four. Arrays of any data types are allowed.
Array element is a part of an array; it is an indexed variable having the same name and some value.
Pasted from <https://book.mql4.com/variables/arrays>
Custom Indicator Structure
Necessity of Buffers
The main principle underlying custom indicators is passing values of indicator arrays to a client terminal (for drawing indicator lines) via exchange buffers.
Buffer is a memory area containing numeric values of an indicator array.
Pasted from <https://book.mql4.com/samples/icustom>
Custom Indicator is an application program coded in MQL4; it is basically intended for graphical displaying of preliminarily calculated dependences. The values of components of Indicator Arrays (linear structure)
of a custom indicator are available to other applications through the function named iCustom() (see also Technical Indicator).
Pasted from <https://book.mql4.com/appendix/glossary#s_3>
The main principle underlying custom indicators is passing values of indicator arrays to a client terminal (for drawing indicator lines) via exchange buffers.
Buffer is a memory area containing numeric values of an indicator array.
Pasted from <https://book.mql4.com/samples/icustom>
The general order of building indicator lines is the following:
1. Calculations are conducted in a custom indicator; as a result numeric values are assigned to indicator array elements.
2. Values of indicator array elements are sent to a client terminal via buffers.
3. On the bases of value arrays received from buffers a client terminal displays indicator lines.
Pasted from <https://book.mql4.com/samples/icustom>
From it's pre-defined variables to it's it's linear functions.................
Receiving Price Data in Indicators
Each custom indicator must necessarily contain the OnCalculate() function, to which price data required for calculating values in indicator buffers are passed. Indexing direction in these passed arrays can be found out using function ArrayGetAsSeries().
Arrays passed to the function reflect price data, i.e. these arrays have the sign of a timeseries and function ArrayIsSeries() will return true when checking these arrays. However, in any case indexing direction should be checked only by function ArrayGetAsSeries().
In order not to be dependent on default values, ArraySetAsSeries() should be unconditionally called for the arrays you are going to work with, and set the required direction.
Receiving Price Data and Indicator Values
Default indexing direction of all arrays in Expert Advisors, indicators and scripts is left-to-right. If necessary, in any mql4 program you can request timeseries values on any symbol and timeframe, as well as values of indicators calculated on any symbol and timeframe.
Use functions Copy...() for these purposes:
Pasted from <https://docs.mql4.com/series/bufferdirection>
It is historically accepted that an access to the price data in an array is performed from the end of the data. Physically, the new data are always written at the array end, but the index of the array is always equal to zero. The 0 index in the timeseries array denotes data of the current bar, i.e. the bar that corresponds to the unfinished time interval in this timeframe.
A timeframe is the time period, during which a single price bar is formed. There are several predefined standard timeframes.
Pasted from <https://docs.mql4.com/series>
Non-Linear Equations
All the threads with these BS indicators that produce S&D levels/zones are "mathematically", BS………………..
Supply & demand is nonlinear, a nonlinear equation cannot be solved or measured using linear functions straight lines
MQL4/5 is only capable of linear functions
The distance between 2 points/price is a "Direction" (linear function…….. measurement along a line) , not an "amount"
Supply & Demand is not a direction…………it is an "amount"
