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Multi Pair Pivot Point Scanner Alerts mt4

  • #321
  • Sep 13, 2020 1:55am Sep 13, 2020 1:55am
Quoting NickBixy
{quote} new update v1.1 out for PivotPointLines, give feedback,report bugs,ideas added expanded formula for Woodie Pivot Point Draw Floor Mid Pivot Points Show Price in Label use same label color many customize settings feel free to change to your liking {image} {image} {image} {image} {image} {file}
Could you please explain how with PivotPointLines V1.1 the fifthe picture could be produced? I think that picture is a mistaken attachment , as it includes 2 versions of news, volume profile, VPOC, TPO, Value Area and some more other indicators
  • #322
  • Edited 2:37am Sep 13, 2020 2:26am | Edited 2:37am
Quoting ntk
{quote} Could you please explain how with PivotPointLines V1.1 the fifthe picture could be produced? I think that picture is a mistaken attachment , as it includes 2 versions of news, volume profile, VPOC, TPO, Value Area and some more other indicators
I don't use that template no more, here what i use currently using.
The daily volume profile is suppose to draws 3 days but since market is closed for some reason only draws current day,
3 day CPR,
volume histogram,
floor pivot points d1,w1,mn1,
camarilla pivot d1,
The right volume profile is the weekly.

the volume profiles don't look correct because market is closed, looks better when market open
ill take better picture maybe once market open or on Wednesday to show better pic
the other lines is from the fxssi round levels indicator show round numbers half, quarter numbers
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2020-09-13_04h24_18.png Size: 80 KB
Click to Enlarge Name: 2020-09-13_04h25_31.png Size: 81 KB
“The only true wisdom is in knowing you know nothing.”
  • #323
  • Edited 5:46am Sep 13, 2020 2:54am | Edited 5:46am
"
Quoting NickBixy
{quote} I don't use that template no more, here what i use currently using. The daily volume profile is suppose to draws 3 days but since market is closed for some reason only draws current day, 3 day CPR, volume histogram, floor pivot points d1,w1,mn1, camarilla pivot d1, The right volume profile is the weekly. the volume profiles don't look correct because market is closed, looks better when market open ill take better picture maybe once market open or on Wednesday to show better pic the other lines is from the fxssi round levels indicator show...
Ah, I understand now.
you use 3x pivotpoinlinesV1.1 to draw separately D, W, M
and with the wyatt's pivot you chose 3 days to plot, and using the feature drawing-future-pivot
very neat system

EDIT:
Hummm, but there is a weakness
Franlin Ochoa wrote in Secrets of Pivot Boss:"
I discussed in Chapter 4 , and will also cover in Chapter 6, narrow pivots foster breakout and trending sessions. Therefore, you have advanced notice that a potential trending day may be seen in the upcoming session if the pivots are abnormally narrow. Furthermore, if the market opens the session with a gap that is beyond the prior day's price range and beyond the first layer of the indicator, the chances of reaching pivots beyond the second layer of the indicator increase dramatically."

He spoken about the CPR, about TC and BC, abnormally narrow CPR...
So why wyatt's pivot draw the pivot lines but leave out the BC and TC, do you know? because market is closed today?

EDIT2:
wyatt's pivot DOES draw the pivot lines and the BC and TC, it calls those PRBotomFD1, PRTopFD1 but why so close values? It should not be.

"To refresh your memory, I've included the formula for the centrals below; where TC is the top central pivot, BC is the bottom central pivot, and pivot is the central pivot point:
TC = (Pivot -BC) + Pivot
Pivot=(High + Low + Close)/3
BC = (High + Low)/2"

EDIT3:
Actually Wyatt's does calculate and draw corretly.
I have modify PivotPointLinesV1.1.mq4 using the current value H,L,C (from Friday) to calculate the "future" pivot lines for Australien session 23:00 Sun GMT it does matched, that narrow CPR band is correct, and we could expect a potential Trend Day on Sunday-Monday for example for DAX
  • #324
  • Sep 13, 2020 2:57am Sep 13, 2020 2:57am
Quoting ntk
{quote} Ah, I understand now. you use 3x pivotpoinlinesV1.1 to draw separately D, W, M and with the wyatt's pivot you chose 3 days to plot, and using the feature drawing-future-pivot very neat system
yup i love it, similar trading style describe in book
Secrets of a Pivot Boss: Revealing Proven Methods for Profiting in the Market by Frank O. Ochoa

nope i don't draw the future pivot, that's the current day pivot points just using short lines, CPR current day plus 2 day prev not future plot day
“The only true wisdom is in knowing you know nothing.”
  • #325
  • Sep 13, 2020 3:08am Sep 13, 2020 3:08am
Quoting ntk
{quote} Ah, I understand now. you use 3x pivotpoinlinesV1.1 to draw separately D, W, M and with the wyatt's pivot you chose 3 days to plot, and using the feature drawing-future-pivot very neat system EDIT: Hummm, but there is a weakness Franlin Ochoa wrote in Secrets of Pivot Boss:" I discussed in Chapter 4 , and will also cover in Chapter 6, narrow pivots foster breakout and trending sessions. Therefore, you have advanced notice that a potential trending day may be seen in the upcoming session if the pivots are abnormally narrow. Furthermore, if...
for the wyatt pivot i disables the pivot points just using the CPR lines(the violet color lines)
for the pivot points im using the 3 pivotpointsline d1,w1,mn1, which don't plot future, it starts drawing lines at current candle
“The only true wisdom is in knowing you know nothing.”
  • #326
  • Edited 5:36am Sep 13, 2020 5:01am | Edited 5:36am
Quoting NickBixy
{quote} for the wyatt pivot i disables the pivot points just using the CPR lines(the violet color lines) for the pivot points im using the 3 pivotpointsline d1,w1,mn1, which don't plot future, it starts drawing lines at current candle
with your programming talent you can write all together into one tool.

But I understand your current configuration saves you precious trading time, and it does what you want to see. So why not.

Apropos, you dont use the source pivotpointlinesV1.1.mq4 in any of your scanner code, is it right? I found mistake in the calculation

it should be like this fig 5.2 page 138 Frank Ochoa's Book, (do remember he was lazy in writing, with High , LowL,Close he referred to prior day's H, L, C )
Inserted Code
//standard pivot point formula
/*
Expanded Floor Pivots Formula
R4 = R3+(R2 - Rl)
R3 = Rl+(High - Low)
R2 = Pivot+(High - Low)
Rl = 2*Pivot - Low
TC = (Pivot - BC) + Pivot
Pivot = (High + Low + Close)/3
BC = (High + Low)/2
S1 = 2*Pivot -High
S2 = Pivot - (High - Low)
S3 = S1 - (High - Low)
S4 = S3 - (S1 - S2)
*/
 
Below is what used in PivotPointLines V1.1
 
"double prevRange= iHigh(NULL,timeFrame,1)-iLow(NULL,timeFrame,1);
   double prevHigh = iHigh(NULL,timeFrame,1);
   double prevLow=iLow(NULL,timeFrame,1);
   double prevClose=iClose(NULL,timeFrame,1);
   double PP = (prevHigh+prevLow+prevClose)/3;
   double R1 = (PP * 2)-prevLow;
   double S1 = (PP * 2)-prevHigh;
   double R2 = PP + prevHigh - prevLow;
   double S2 = PP - prevHigh + prevLow;
   double R3 = R1 + (prevHigh-prevLow);
   double S3 = prevLow - 2 * (prevHigh-PP);
   double R4 = R3+(R2-R1);
   double S4 = S3-(S1-S2);
"

EDIT: We do use that code so S3 is not right
  • #327
  • Sep 13, 2020 5:35am Sep 13, 2020 5:35am
Quoting ntk
{quote} with your programming talent you can write all together into one tool. But I understand your current configuration saves you precious trading time, and it does what you want to see. So why not. Apropos, you dont use the source pivotpointlinesV1.1.mq4 in any of your scanner code, is it right? I found mistake in the calculation it should be like this fig 5.2 page 138 Frank Ochoa's Book //standard pivot point formula /* Expanded Floor Pivots Formula R4 = R3+(R2 - Rl) R3 = Rl+(High - Low) R2 = Pivot+(High - Low) Rl = 2*Pivot - Low TC = (Pivot...
it's fine same results just written differently

its a great book highly recommend to read
“The only true wisdom is in knowing you know nothing.”
  • #328
  • Sep 13, 2020 5:41am Sep 13, 2020 5:41am
Quoting NickBixy
{quote} it's fine same results just written differently
S3 = S1 - (High - Low)= 2*Pivot -High - (High - Low) = 2*Pivot -High - High + Low = 2*Pivot - 2*High + Low = Low +2 (Pivot -High)
You do that in aviation you plan would be landing somewhere in Berlin not at Heathrow my friend.

EDIT you are right!!!!
  • #329
  • Edited 6:03am Sep 13, 2020 5:44am | Edited 6:03am
Quoting ntk
{quote} with your programming talent you can write all together into one tool. But I understand your current configuration saves you precious trading time, and it does what you want to see. So why not. Apropos, you dont use the source pivotpointlinesV1.1.mq4 in any of your scanner code, is it right? I found mistake in the calculation it should be like this fig 5.2 page 138 Frank Ochoa's Book, (do remember he was lazy in writing, with High , LowL,Close he referred to prior day's H, L, C ) //standard pivot point formula /* Expanded Floor Pivots Formula...
got these from book, i had them in the NickBixyIndicators.zip folder from post #1 but i deleted it a few month or ago here the latest v1.2

feel free to double check this code too
EDIT i tried to code the other indicators he had in back of book but couldn't get them going
Attached File(s)
File Type: mq4 sysExtremeRev_v1.2.mq4   5 KB | 642 downloads
File Type: mq4 sysOutsideRev_v1.2.mq4   5 KB | 603 downloads
File Type: mq4 sysWickRev_v1.2.mq4   5 KB | 589 downloads
File Type: mq4 sysDojiRev_v1.2.mq4   5 KB | 585 downloads
“The only true wisdom is in knowing you know nothing.”
  • #330
  • Edited 6:39am Sep 13, 2020 6:09am | Edited 6:39am
Quoting NickBixy
{quote} got these from book, i had them in the NickBixyIndicators.zip folder from post #1 but i deleted it a few month or ago here the latest v1.2 feel free to double check this code too edit i tried to code the other indicators he had in back of book but had troubles getting them to work {file} {file} {file} {file}
For SysDojiRev_v1.2.mq4, all lines in your code matched Frank's logics.

I only can not make sense yet of the two lines

BEARISH[i]=High[i]+iATR(NULL,0,atrValue,i)*shiftMultiplier;
..
BULLISH[i]=Low[i]-iATR(NULL,0,atrValue,i)*shiftMultiplier;
..

Here you bring in additional logic with ATR in the code, what Frank did not mention at the time he wrote his code
EDIT: I understand the 2 line above now, those trick you use to positioning the arrows so they would not stand to close and cover the candle.


and instead of leave at will arrow type 169 I would hard code and use 217 (up) for positive pin bar and 218 (down) for negative pin bar it would be clearer, also I would find the optimal distance to candle bar 0.3 is to close to candle and could cover or hide the candle tail, so I chose 0.5, and hard code, for less confusion to users

and now we see the picture but see also this Ochoa's code is not optimal some Pin are deadly wrong interpreted and some other useful pin bars still left at the side ....
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 77 KB
Attached File(s)
File Type: mq4 sysDojiRev_v1.2 ntk.mq4   5 KB | 578 downloads
  • #331
  • Sep 13, 2020 6:11am Sep 13, 2020 6:11am
Quoting ntk
{quote} S3 = S1 - (High - Low)= 2*Pivot -High - (High - Low) = 2*Pivot -High - High + Low = 2*Pivot - 2*High + Low = Low +2 (Pivot -High) You do that in aviation you plan would be landing somewhere in Berlin not at Heathrow my friend. EDIT you are right!!!!
here camarilla line indicator it just show H3,H4,H5,L3,L4,L5
LBO = long breakout
LBT = long breakout target
SBO= short breakout
SBT= short breakout Target
S=Short
L=Long

someday ill update this to add more customization features for colors ,line width,change msg,because they hard coded, i coded this fast and sloppy but its fine for me
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-09-13_08h14_25.png Size: 43 KB
Attached File(s)
File Type: mq4 Camarilla_Pivot_Lines_v1.0.mq4   6 KB | 605 downloads
“The only true wisdom is in knowing you know nothing.”
  • #332
  • Sep 13, 2020 6:17am Sep 13, 2020 6:17am
Quoting ntk
{quote} For SysDojiRev_v1.2.mq4, all lines in your code matched Frank's logics. I only can not make sense yet of the two lines BEARISH[i]=High[i]+iATR(NULL,0,atrValue,i)*shiftMultiplier; .. BULLISH[i]=Low[i]-iATR(NULL,0,atrValue,i)*shiftMultiplier; .. Here you bring in additional logic with ATR in the code, what Frank did not mention at the time he wrote his code
that's just for helping draw the arrows placement, im using the ATR value*Shift Multipliler to draw the location of arrows so the arrows follow the price better is all would not affect the formula
“The only true wisdom is in knowing you know nothing.”
  • #333
  • Sep 13, 2020 6:51am Sep 13, 2020 6:51am
Quoting NickBixy
{quote} got these from book, i had them in the NickBixyIndicators.zip folder from post #1 but i deleted it a few month or ago here the latest v1.2 feel free to double check this code too EDIT i tried to code the other indicators he had in back of book but couldn't get them going {file} {file} {file} {file}
Could you please add iDevPivotRange to your arsenal or let me check those code
  • #334
  • Sep 13, 2020 6:58am Sep 13, 2020 6:58am
Quoting ntk
{quote} Could you please add iDevPivotRange to your arsenal or let me check those code
yea i tired to convert that to .mq4 but couldn't get it going
“The only true wisdom is in knowing you know nothing.”
  • #335
  • Sep 13, 2020 7:01am Sep 13, 2020 7:01am
Quoting NickBixy
{quote} yea i tired to convert that to .mq4 but couldn't get it going
I still have to read that chapter to understand what he talked about develop-CPR
  • #336
  • Sep 13, 2020 7:40am Sep 13, 2020 7:40am
Quoting NickBixy
{quote} I don't use that template no more, here what i use currently using. The daily volume profile is suppose to draws 3 days but since market is closed for some reason only draws current day, 3 day CPR, volume histogram, floor pivot points d1,w1,mn1, camarilla pivot d1, The right volume profile is the weekly. the volume profiles don't look correct because market is closed, looks better when market open ill take better picture maybe once market open or on Wednesday to show better pic the other lines is from the fxssi round levels indicator show...

Hello NickBixy...and Thanks

Can you share this 2 Indi?

Attached Image (click to enlarge)
Click to Enlarge Name: indi.png Size: 45 KB


Thanks in advance
  • #337
  • Sep 13, 2020 7:42am Sep 13, 2020 7:42am
Quoting howa61
{quote} Hello NickBixy...and Thanks Can you share this 2 Indi? {image} Thanks in advance
Can't share that it's a paid indicator
I purchased it from the MT4 market they got the MT4 and MT5 Available, $49 USD
“The only true wisdom is in knowing you know nothing.”
  • #338
  • Sep 13, 2020 7:45am Sep 13, 2020 7:45am
Quoting NickBixy
{quote} Can't share that it's a paid indicator I purchased it from the MT4 market they got the MT4 and MT5 Available
Thanks for the answer.

Can you send the link so I will check?

Thanks in advance
  • #339
  • Sep 13, 2020 7:45am Sep 13, 2020 7:45am
Quoting howa61
{quote} Thanks for the answer. Can you send the link so I will check? Thanks in advance
yup
“The only true wisdom is in knowing you know nothing.”
  • #340
  • Sep 13, 2020 7:47am Sep 13, 2020 7:47am
Quoting NickBixy
{quote} got these from book, i had them in the NickBixyIndicators.zip folder from post #1 but i deleted it a few month or ago here the latest v1.2 feel free to double check this code too EDIT i tried to code the other indicators he had in back of book but couldn't get them going {file} {file} {file} {file}
an other code is
iCentralPivotRange
seems to be easy only for drawing CPR. so we dont need to transform it to MT4 format
[COLOR=rgba(0, 0, 0, 0)]iCentralPivotRange[/color]
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