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study indicator settings and test it well...
- Joined Mar 2022 | Status: Trader | 4,749 Posts
{quote} I really don't know much about coding , while I pated the line from another program , I got that error , as I tried to remove the parentice , I got another , hence the reason I need master to intervene for me before I got notty in the skull... Please save a soul....
I used 6 instead of 0 - LOL!!!
Shiii..., I am doing too many things at one time!
I noticed that I had made another stupid mistake which didn't delete the invalid Zone.
Do not change the file name!
There was a small inconvenience about the Zone Rectangles - they weren't deleted without refresh when the direction changed.
Now fixed that.
BTW. My idea, here, is to trade, not to philosophise!
That's why I'm not plotting the past historical levels.
Obviously, the Buying Zone can turn into the Selling Zone, because the Zone is defined by the Trend MagicWave.
And the Trend MagicWave is just a set of Moving Averages, and nobody has any influence if there will be a trending market, or a sideways market. So, we should always be ready to close a position at a loss and either turn around, or wait.
Also, I didn't mention, that all the Level Prices are stored in buffers.
And the values are = 0 for the opposite trend, and have a value for the current trend levels.
So, these buffers can be used for EA trading.
Also, the buffers are labeled, so that you can figure out which is which by looking at Ctrl+D.
The data is stored in buffer[0] - the current bar.
.ex4/.ex5 files cannot be fixed or converted
- Joined Mar 2022 | Status: Trader | 4,749 Posts
Good day @BestTraderEv can you please help me with Mt5 Indicator that marks previous Day High, Low and Eq/50% and previous Week High, Low and Eq/50%. Thank you in advance
Do not change the file name!!!
.ex4/.ex5 files cannot be fixed or converted
- Joined Nov 2009 | Status: Trader | 821 Posts
Hey, can anyone see what wrong with this code?
I does not calculate the size of the body
As you can see on the chart it's like the code doesn't work at all, size of first candle's body should be 3 times smaller than previous candles body, but it does not take the size of the body into account at all.
I also tried this code first, but it doesn't work either.
So how do i make it calculate correctly?
I does not calculate the size of the body
Inserted Code
(Body(2) < 3* Body(3))
Inserted Code
double Body (int iCandle)
{ double CandleOpen, CandleClose;
CandleOpen=Open[iCandle];
CandleClose=Close[iCandle];
return (MathMax(CandleOpen, CandleClose)-(MathMin(CandleOpen, CandleClose)));
}
double BodyLo (int iCandle)
{
return (MathMin(Open[iCandle], Close[iCandle]));
}
double BodyHi (int iCandle)
{
return (MathMax(Open[iCandle], Close[iCandle]));
} As you can see on the chart it's like the code doesn't work at all, size of first candle's body should be 3 times smaller than previous candles body, but it does not take the size of the body into account at all.
I also tried this code first, but it doesn't work either.
Inserted Code
(open2-close2) < 3 * (close3-open3)
So how do i make it calculate correctly?
Blindly following others will make you blind!
- Joined Nov 2009 | Status: Trader | 821 Posts
{quote} double CandleBody=MathAbs(Open[i]-Close[i]);
Blindly following others will make you blind!
- Joined Nov 2009 | Status: Trader | 821 Posts
Trying this now, but really no change
Inserted Code
double Body (int iCandle)
{
double CandleBody=MathAbs(Open[iCandle]-Close[iCandle]);
return (CandleBody);
} Blindly following others will make you blind!
- Joined Nov 2009 | Status: Trader | 821 Posts
{quote} Try simplifying your order of operations. Your Body functions are correct.
Blindly following others will make you blind!
{quote} But body calculation doesn't seems to work
Inserted Code
double candle_size(int shift){return MathAbs(iOpen(_Symbol,PERIOD_CURRENT,shift)-iClose(_Symbol,PERIOD_CURRENT,shift));} Software Developer and Music Producer
News Fundamentals All Time Return:
1,159.1%
- Joined Jul 2011 | Status: Trader | 8,575 Posts
{quote} I know, it may have been asking for a bit much. I have actually created both the indicator and strategy in pinescript, just testing it to see if its worth making an EA out of it for MT.
I would guess the behaviour is based on the fact that GOLD is a commodity, and the inherent concept is that its value keeps rising; that, and it is affected by different fundamentals. e.g. who knows what the USD is doing?
Anyway, good luck, and let's see where, when, and how much GOLD will reverse!
Cheers.
"Forex a Great Hobby, But Not a Great Job"
Texas-2-Step All Time Return:
10.4%
- Joined Jul 2011 | Status: Trader | 8,575 Posts
{quote} What we are seeing on the chart is a typical bubble. It will burst, sooner or later.
"Forex a Great Hobby, But Not a Great Job"
Texas-2-Step All Time Return:
10.4%
- Joined Mar 2022 | Status: Trader | 4,749 Posts
{quote} Agree, I'm all for reversals, just not when I'm in a trend trade!
People are often too impatient and get in too early.
And, because they use leverage, they can't afford the price still going against them.
Timing is a very crucial skill.
.ex4/.ex5 files cannot be fixed or converted
