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mtf stochastic on chart window

  • #1
  • First Post: Edited Oct 27, 2007 8:35am Oct 25, 2007 9:38am | Edited Oct 27, 2007 8:35am
I use ma`s on my charts to gauge trend direction.
I use mtf stochastics which I have on my charts in the indicators windows at the bottom for entry..
What I would like to do is put a stochastic line on the upper part in my actual charts where the ma`s normally are.
Is this possible? Or could it be programed, thanks for any help
  • #2
  • Oct 25, 2007 8:48pm Oct 25, 2007 8:48pm
Quoting randomlight
I don`t like to use ma`s on my charts to gauge trend direction.
I am much more inclined to follow my mtf stochastics which I have on my charts in the indicators windows at the bottom..
What I would like to do is put my mtf stochastics on the upper part in my actual charts where the ma`s would normally go.
Is this possible? Or could it be programed, thanks for any help
Hi,

It is very easy to change the indicator from separate window to the chart window. change just one line of the code (I hope you have the code mq4 file. edit it using MetaEditor under Tools menu).
From:
#property indicator_separate_window

To:
#property indicator_chart_window

Then compile it (if you want you can save it in different name before that) and when you attach, it will appear in main window.

Hope it helps. Good Luck.
chandra
  • #3
  • Oct 25, 2007 9:41pm Oct 25, 2007 9:41pm
Thanks Chandra.I was nice of you to reply.
I did what you suggested. I changed the command

#property indicator_separate_window

To:
#property indicator_chart_window

when I closed the window it asked me to save it and I did.
However I tried both click loading it and drag loading it to the chart window and it would not show up there.Any Idea on what I may be doing wrong? thanks
  • #4
  • Edited 11:28am Oct 26, 2007 11:11am | Edited 11:28am
Hi RandomLight,

It was somewhat tough nut to crack! It seems that the price is a problem. The price has a different range, whereas the Stoch has a 0-100 range. If the price is too small (1.xxxx) the stoch will be out of screen. If price is above 100, then the values are not plotted.

I managed to find a way to calibrate the Stoch values to fit the price range of chart window. I tested and it works fine.
Use the following 3 lines:

Quote
double Window_Low = WindowPriceMin(); double Window_Range = WindowPriceMax() - Window_Low;
// Use this line outside the "if" or "for" loop. (or you can use it inside also in the same palce as the other lines, but that will be extra work for the computer!)

The following two lines should come where your current stoch calculations are done. Make changes accordingly. This just shows how the calculations are done.

Quote
ExtMapBuffer1[i]=iStochastic(NULL,TF1,KPeriod,DPeriod,Slowing,MAMethod,PriceField,0,y)*Window_Range/100+Window_Low;
ExtMapBuffer2[i]=iStochastic(NULL,TF1,KPeriod,DPeriod,Slowing,MAMethod,PriceField,1,y)*Window_Range/100+Window_Low;
chandra
  • #5
  • Oct 26, 2007 11:20am Oct 26, 2007 11:20am
Hi RandomLight,

If you find it difficult to make these changes, you can use my precompiled version (I just made it for you, because I don't use it in Main window).

chandra.

Here are some explanation for inputs.
-----------------------------------
TimeFrame=-1; // 0 to current-TF = current TF; negative = next higher TF; other higher TFs as given.
MAMethod=0; // 0 = SMA, 1 = EMA, 2 = Smoothed moving average, 3 = Linear weighted moving average.
PriceField=0; // 0=Hi/Low 1=Close/Close
AdjustRecentBars=true; // this redraws the Stoch Values of recent bars of current TimeFrame as it happens in the actual TimeFrame.
Attached File(s)
File Type: ex4 MTF-Stoch-Main.ex4   4 KB | 2,358 downloads
  • #6
  • Oct 26, 2007 1:25pm Oct 26, 2007 1:25pm
Hi randomlight,

The above changes only draw correctly for the current period. If you go back, they are going out of screen. I am unable to crack that problem. I hope this is Ok you for your analysis.

chandra
  • #7
  • Edited 2:23pm Oct 27, 2007 8:23am | Edited 2:23pm
Quoting achandrasekaran99
Hi RandomLight,

If you find it difficult to make these changes, you can use my precompiled version (I just made it for you, because I don't use it in Main window).

chandra.

Here are some explanation for inputs.
-----------------------------------
TimeFrame=-1; // 0 to current-TF = current TF; negative = next higher TF; other higher TFs as given.
MAMethod=0; // 0 = SMA, 1 = EMA, 2 = Smoothed moving average, 3 = Linear weighted moving average.
PriceField=0; // 0=Hi/Low 1=Close/Close
AdjustRecentBars=true; // this redraws the Stoch Values of recent bars of current TimeFrame as it happens in the actual TimeFrame.
Chandra I am blown away by your generosity,you are a true contributer and an exemplary example of what makes this site so great.
Your assumption that the coding would be a bit over my head was correct but the indicator you modified for me was great.
I am just playing around with a 2 stoch idea where one is in the form of a bottom indicator and the other is on the chart . I am posting a chart to demonstrate what I mean. The green stoch at the bottom is a 14 3 3 and the blue in the chart is a 14 3 5. They really are the same signal in different forms, but one could play with the settings.I don`t know if there is any feasability to this stoch on the chart idea yet.
There is a red 62 ema there and it goes without saying that entry would only be with the trend here.
Possibly with some modification and filters it could give some good entry signals.
Again thanks for your help Chandra.With the help of people like you this site is going to produce some serious money traders yet.
Attached Image
  • #8
  • Oct 27, 2007 11:05am Oct 27, 2007 11:05am
Hi randomlight,

Thank you for the compliments (that too from a 1KT member). It was nice of you. The making of this indicator gave me some experience. So, not a problem. I hope it will be useful for your testing.

May be if you plot the two in same Indicator window, you can even see crossovers (just like MA-crossovers). I hope you know that more than one Indicator can be plotted in same Indicator window (just drag Stoch Indi from Navigator->Indicator window into the same Stoch window, but use different settings; also keep the Maximum and Minimum to be 0-100 in the Common Tab of Indicator properties, which may be set already for Stoch, but for custom Indicators it has to be done). Just additional thing to check out.

Regards,
chandra
  • #9
  • Last Post: Oct 27, 2007 2:16pm Oct 27, 2007 2:16pm
Thanks again Chandra I will do some experimenting.
btw...
1kt is just an old boy network , I`ve done the required live trading but not sure how I got there ,don`t care.
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