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Modifying an ADR indicator

  • Post #1
  • Quote
  • First Post: Edited at 7:08pm Jan 10, 2012 5:30pm | Edited at 7:08pm
Erebus posted this ADR indicator in one of my threads and I need to see if someone can make it with a few mods, but all he has is the ex4 file though. It calculates the ADR (14 days default) and draws the ADR high and low on the chart. At 00:00 GMT the indicator recalculates and redraws new ADR highs and lows for the current day. I want to have the indicator to leave the previous day's high/low ADR values on the charts being able to go back "X" number of days. Can anyone make up one from scratch or modify one the might already have?
Attached File
File Type: ex4 !SM_ADR Marker.ex4   12 KB | 1 download
Does this look similar to what you want?

This one shows the ADR for each day (my broker is currently GMT-5, new trading day starts at 17:00). The ADR high/low lines "move" as new highs/lows are made throughout the day. This allows you to clearly see if and when the ADR is reached during each day.
Attached Image (click to enlarge)
Click to Enlarge Name: adr1.jpg Size: 73 KB
Quoting zznbrm
Does this look similar to what you want?

This one shows the ADR for each day (my broker is currently GMT-5, new trading day starts at 17:00). The ADR high/low lines "move" as new highs/lows are made throughout the day. This allows you to clearly see if and when the ADR is reached during each day.

Hi nnzbrm,

Your historical ADR chart looks good to me.
Can you post the code for this?
Very much appreciated.

Kind regards
ET
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
Mer, your adr appears to be a modified version of the tz-pivot indicator of which there have been several, Anyway I do have one, so are you looking for the comments to indicate the previous data or are you looking for previous day lines on the chart. Then are you looking for several days showing or an option to move the lines to a day of your choosing..
could you post your indicator
thank you


Quoting zznbrm
Does this look similar to what you want?

This one shows the ADR for each day (my broker is currently GMT-5, new trading day starts at 17:00). The ADR high/low lines "move" as new highs/lows are made throughout the day. This allows you to clearly see if and when the ADR is reached during each day.
Quote
Does this look similar to what you want?

This one shows the ADR for each day (my broker is currently GMT-5, new trading day starts at 17:00). The ADR high/low lines "move" as new highs/lows are made throughout the day. This allows you to clearly see if and when the ADR is reached during each day.

The calculation period for this is just 24 hrs.? The indicator needs to plot the ADR high and low preferably using a 14 day average.

Quote
Mer, your adr appears to be a modified version of the tz-pivot indicator of which there have been several, Anyway I do have one, so are you looking for the comments to indicate the previous data or are you looking for previous day lines on the chart. Then are you looking for several days showing or an option to move the lines to a day of your choosing..

I'm looking for it to leave the previous day's ADR high/low lines on the chart so I can visually see how often the day's trading is reaching the ADR levels. It would be nice to have an input to be able to leave them on the chart going back "X" number of days.
Quoting mer071898
The calculation period for this is just 24 hrs.? The indicator needs to plot the ADR high and low preferably using a 14 day average.



I'm looking for it to leave the previous day's ADR high/low lines on the chart so I can visually see how often the day's trading is reaching the ADR levels. It would be nice to have an input to be able to leave them on the chart going back "X" number of days.
Hi Mer,

just to clarify some points before I start cracking on coding:
- what is the ADR start line?
to use the new day open level at GMT0000
or do you have a specifc formula for ADR start level?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
No special formula, just have it starting at 00:00 GMT using a 14 day average as the default period.
Quoting toddanderson
could you post your indicator
thank you
Here you go. This is what I created for my broker (New York time zone, forex trading day starts at 17:00).

If your broker is in a different time zone and/or you want to use a different trading day starting time, then you should update the date/time code accordingly.
Attached File
File Type: mq4 AdrHighLow2.mq4   9 KB | 2 downloads
Quoting zznbrm
Here you go. This is what I created for my broker (New York time zone, forex trading day starts at 17:00).

If your broker is in a different time zone and/or you want to use a different trading day starting time, then you should update the date/time code accordingly.

Hi,

Nice!

Can you add two calculations and provide for Weekly and Monthly?

Where Weekly is based on x number of Weekly Highs and Lows, Monthly is based on x number of Monthly Highs and Lows, along with displaying the Weekly High and Low, and Monthly High and Low.

Thanks!

BD
hello.
which settings I need whom I live in Germany.
I tarde 1 hour.
Is it also right that the lines change whom of the address was met by a candle?
thx
steve
  • Post #12
  • Quote
  • Edited Aug 14, 2012 6:41am Aug 13, 2012 11:38am | Edited Aug 14, 2012 6:41am
Hi,

Can someone help me with an email alert in the attached ADR indicator (send an email alert once ADR is hit). I have tried my best to make it but it sends many emails to me (I lack programming skills and I although I have searched for answers I have not found the key to make the necessary changes). Obviously the challenge is to send the email once only although at every change in the price results in a higher ADR today than the 5 days ADR.

Managed by myself. Since there is no other similar ADR indi, I attach it for others to use.
Attached File
File Type: mq4 ADR 1.mq4   18 KB | 1 download
Loved the ADR indicator, thanks so much.
The AdrHighLow2.mq4 indicator is not showing the daily ADR lines on my MT4 4.0 Build 988 platform. The time is Sunday, before the markets open.
Do you have a functional ADR indicator, showing the ADR lines for every day, not just the current/last day?
Attached Image (click to enlarge)
Click to Enlarge Name: c33fe2ec710e27359f96d37ace85114d.png Size: 40 KB
no one
Success is a Journey Not a Destination....... kind regards ramzam
Quoting rewand
Hi, Can someone help me with an email alert in the attached ADR indicator (send an email alert once ADR is hit). I have tried my best to make it but it sends many emails to me (I lack programming skills and I although I have searched for answers I have not found the key to make the necessary changes). Obviously the challenge is to send the email once only although at every change in the price results in a higher ADR today than the 5 days ADR. Managed by myself. Since there is no other similar ADR indi, I attach it for others to use. {file}

Does it send email when the daily ADR is more than the 5 day
Greetings, checking to see if anyone can modify or create an indicator similar to !SM_ADR Marker (mentioned in the first post) that shows the previous days ADR high/low. Need to be able to look back over the last 10 or 20 days to see price behaviour at the ADR high/low. Would be grateful if any coders can help. Thanks.
Bump..
Quoting corinthia
Greetings, checking to see if anyone can modify or create an indicator similar to !SM_ADR Marker (mentioned in the first post) that shows the previous days ADR high/low. Need to be able to look back over the last 10 or 20 days to see price behaviour at the ADR high/low. Would be grateful if any coders can help. Thanks.
Hi traders, I am looking for the same... Is there some indicator, which draws ADR Hi/Lo lines not only for current day, but in history also?
Something like this:
Attached Image (click to enlarge)
Click to Enlarge Name: ADR-indi-example.png Size: 28 KB
Quoting corinthia
Greetings, checking to see if anyone can modify or create an indicator similar to !SM_ADR Marker (mentioned in the first post) that shows the previous days ADR high/low. Need to be able to look back over the last 10 or 20 days to see price behaviour at the ADR high/low. Would be grateful if any coders can help. Thanks.
Hi everyone, finally got it.
Please find this updated ADR indicator in attachment. Two bitmaps from ZIP file go to /MQL4/Images/ folder.
If you find some bugs, let me know (... there will be some, I suppose).
Attached Image (click to enlarge)
Click to Enlarge Name: 201015_ADR-indicater_with-history_AUDNZD_ecnM15.png Size: 27 KB
Attached Files
File Type: ex4 ADR-with-history_1.04.ex4   15 KB | 196 downloads
File Type: mq4 ADR-with-history_1.04.mq4   23 KB | 286 downloads
File Type: zip Images.zip   4 KB | 195 downloads
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