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Mouteki Calculator

  • #1
  • First Post: Oct 26, 2006 4:27pm Oct 26, 2006 4:27pm
Hi all,

Well, I don't know if this will be very useful to some of you, but, I like to draw my mouteki lines myself. But, I was using a spreadsheet to calculate my TP, SL, etc. Well, I decided to create an EA that calculates these values for you. This is an informational, not trading EA. Here are the values used:

Line_Type: Use "Demand", "D", or "Down as valid types. Everything else will be treated as a supply line.

Intersection: This is the value of the vertical high/low line intersecting with the demand or supply line.

MaxOrMin: This is the maximum or minimum price attained during the demand or supply line scenario.

Key_Open: This is the open price above or below the demand or supply line.

Enjoy.

stockwet
Attached File(s)
File Type: mq4 Mouteki_Calc.mq4   2 KB | 1,782 downloads
  • #2
  • Oct 26, 2006 4:38pm Oct 26, 2006 4:38pm
You come up with the coolest stuff!

Love you TakepROFIT APPLET!

HeavyJ


Quoting stockwet
Hi all,

Well, I don't know if this will be very useful to some of you, but, I like to draw my mouteki lines myself. But, I was using a spreadsheet to calculate my TP, SL, etc. Well, I decided to create an EA that calculates these values for you. This is an informational, not trading EA. Here are the values used:

Line_Type: Use "Demand", "D", or "Down as valid types. Everything else will be treated as a supply line.

Intersection: This is the value of the vertical high/low line intersecting with the demand or supply line.

MaxOrMin: This is the maximum or minimum price attained during the demand or supply line scenario.

Key_Open: This is the open price above or below the demand or supply line.

Enjoy.

stockwet
HeavyJ -"Posterboy for Spellchecker!" "Will work for pips!"
  • #3
  • Oct 26, 2006 7:34pm Oct 26, 2006 7:34pm
Quoting stockwet
Hi all,

Well, I don't know if this will be very useful to some of you, but, I like to draw my mouteki lines myself. But, I was using a spreadsheet to calculate my TP, SL, etc. Well, I decided to create an EA that calculates these values for you. This is an informational, not trading EA. Here are the values used:

Line_Type: Use "Demand", "D", or "Down as valid types. Everything else will be treated as a supply line.

Intersection: This is the value of the vertical high/low line intersecting with the demand or supply line.

MaxOrMin: This is the maximum or minimum price attained during the demand or supply line scenario.

Key_Open: This is the open price above or below the demand or supply line.

Enjoy.

stockwet
awesome how long did u test it for??
BECAUSE I CAN !
  • #4
  • Oct 26, 2006 8:16pm Oct 26, 2006 8:16pm
Quoting YasirYar
awesome how long did u test it for??
A couple minutes
  • #5
  • Oct 26, 2006 8:17pm Oct 26, 2006 8:17pm
Quoting HeavyJ
You come up with the coolest stuff!

Love you TakepROFIT APPLET!

HeavyJ
Thanks, man. I appreciate the kudos.
  • #6
  • Oct 26, 2006 8:33pm Oct 26, 2006 8:33pm
Quoting HeavyJ
You come up with the coolest stuff!

Love you TakepROFIT APPLET!

HeavyJ
Yeah just when I think it can't get any better he comes out with TakeProfit V2.0. It's awesome!
  • #7
  • Oct 26, 2006 8:50pm Oct 26, 2006 8:50pm
Wow. I didn't realize so many people were using it. I guess I better open a thread here on it so that I can add features for 3.0.

Quoting imbiber
Yeah just when I think it can't get any better he comes out with TakeProfit V2.0. It's awesome!
  • #8
  • Oct 26, 2006 8:53pm Oct 26, 2006 8:53pm
Quoting stockwet
A couple minutes
Ive already started liking u keep up the good work..
BECAUSE I CAN !
  • #9
  • Oct 26, 2006 9:37pm Oct 26, 2006 9:37pm
Quoting stockwet
Wow. I didn't realize so many people were using it. I guess I better open a thread here on it so that I can add features for 3.0.
3.0? I can't wait.
  • #10
  • Oct 26, 2006 9:46pm Oct 26, 2006 9:46pm
umm i tried running this.. it doenst work.. could you please tell me how to install it..
BECAUSE I CAN !
  • #11
  • Oct 26, 2006 10:27pm Oct 26, 2006 10:27pm
Quoting YasirYar
umm i tried running this.. it doenst work.. could you please tell me how to install it..
It's just an EA. So, save it to your experts directory, add it to a chart. When you draw your mouteki lines, add the 4 important mouteki vars and it will give you the SL and Take Profit values as comments.
Attached Images
  • #12
  • Oct 27, 2006 12:45am Oct 27, 2006 12:45am
Hey stockwet can you point me to your takeprofit v.2 thread?
  • #13
  • Oct 27, 2006 7:49am Oct 27, 2006 7:49am
Quoting stockwet
It's just an EA. So, save it to your experts directory, add it to a chart. When you draw your mouteki lines, add the 4 important mouteki vars and it will give you the SL and Take Profit values as comments.
stupid question coming up.. i use north finance.. i install the indicators in my experts/indicators section.. shouldnt i copy the EAs into the same directory? if not can you please give me the full location for north finance to install the EA.. this has been confusing me since like forever..
BECAUSE I CAN !
  • #14
  • Last Post: Oct 27, 2006 8:07am Oct 27, 2006 8:07am
I think you should take the FF tutorial on indicators and experts. It will walk you through the process:

http://www.forexfactory.com/forexfor...34&postcount=4



Quoting YasirYar
stupid question coming up.. i use north finance.. i install the indicators in my experts/indicators section.. shouldnt i copy the EAs into the same directory? if not can you please give me the full location for north finance to install the EA.. this has been confusing me since like forever..
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