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  • #41
  • Mar 21, 2007 5:32pm Mar 21, 2007 5:32pm
steinitz

Is post #31 making any sence?
  • #42
  • Mar 21, 2007 5:38pm Mar 21, 2007 5:38pm
Quoting Todd_Ianuzzi
steinitz

Is post #31 making any sence?
Kinda makes sense. It through me for a loop since I tested this HAS and I thought it would reasonably work the same as 4TF HAS. But this 4TF HAS (has) issues. I have seen some funky things happen like the bars will look different by just changing TF's or hitting the 1tpl in my case.

I am done with it. The HAS works fine from what I can tell. Just do what I am doing and see for yourself if you have the time. I will never use an indicator that repaints. It is a total waste of time.....

Good eye my boy!
  • #43
  • Edited 6:39pm Mar 21, 2007 6:00pm | Edited 6:39pm
Quoting steinitz
Kinda makes sense.
On the 5min TF, The bottom row of the MTF (5min) should be exactly as you see the the HAS candles on the 5 minTF, and it is!!!

(click\move to the 15minTF) The bottom row (15min) on the MTF of the 15minTF is exactly the same as the HAS candles you see on the 15 minTF.

That bottom row (15min) of the MTF on the 15minTF needs to look just like that on the MTF 5minTF for this MTF to work like it should, and so on for higher TF's.
  • #44
  • Edited Mar 22, 2007 1:33pm Mar 21, 2007 6:21pm | Edited Mar 22, 2007 1:33pm
Hi Steinitz....I used the indicator it saves a pic 640x480 at the close of every bar (depending on which TF you have the currency on I used 5 min..) I did this for hrs.. and did not see any repainting for HAS...It saves the files to...C:\Program Files\MetaTrader 4\experts\files\ScreenShot....You may want to use it for other reasons. keep up the good work!!!!...JohnnyOhOh...ps just install it like any other indicator
Attached File(s)
File Type: zip ScreenShots2.zip   < 1 KB | 819 downloads
  • #45
  • Mar 21, 2007 7:43pm Mar 21, 2007 7:43pm
Quoting steinitz
Don't use the 4TF HAS indicator since I just found out it repaints. Just stick with the HAS indicator on top only. You can still look at multiple TF's with that sole indicator.

I dont see the indicator repainting Steinitz. It just works the same like any other MTF indicator and has the same issues.
E.g. the higher timeframes will change to the closed value of the higher timeframe when you refresh/switch timeframes.

I woul love to see somebody would modify this indicator to show only the last closed values for the higher timeframes though.
What I mean is NOT to show the current developing candle values but the last closed values for the higher TFs. Dont know if it can be just shifted a candle to the left?
  • #46
  • Mar 21, 2007 10:24pm Mar 21, 2007 10:24pm
Quoting JohnnyOhOh
Hi Steinitz....I used the indicator it saves a pic 640x480 at the close of every bar (depending on which TF you have the currency on I used 5 min..) I did this for hrs.. and did not see any repainting for HAS...It saves the files to...C:\Program Files\MetaTrader 4 Alpari\experts\files\ScreenShot....You may want to use it for other reasons. keep up the good work!!!!...JohnnyOhOh...ps just install it like any other indicator
Johnny.....

Thanks for the the indicator. I agree that HAS does not repaint! I am concerned with 4TF HAS. Have you tried this with that indicator? I guess this screen shot will work with any tpl set-up. I'll try it.

Let's make sure that 4TF HAS does or does not repaint

Thanks
  • #47
  • Mar 21, 2007 10:28pm Mar 21, 2007 10:28pm
Quoting Todd_Ianuzzi
On the 5min TF, The bottom row of the MTF (5min) should be exactly as you see the the HAS candles on the 5 minTF, and it is!!!

(click\move to the 15minTF) The bottom row (15min) on the MTF of the 15minTF is exactly the same as the HAS candles you see on the 15 minTF.

That bottom row (15min) of the MTF on the 15minTF needs to look just like that on the MTF 5minTF for this MTF to work like it should, and so on for higher TF's.
I totally am with you on this. That is what confuses me !!!!!!! I know they line up but when I was looking at just the 4TF HAS and placing arrows indicating the 4TF HAS bar's color it seemed to change after a certain period.

It's either repainting (unsure at this point) or it changes when the platform refreshes. When I say refresh I mean in my experience it seems to change when I switch TF's back and forth. That action seems to do a refresh.

Listen I am unsure at this point. I do know that HAS is fine!!!! It's just the 4TF HAS......
  • #48
  • Mar 21, 2007 10:46pm Mar 21, 2007 10:46pm
Yes the indicator does repaint
Attached Images
  • #49
  • Mar 21, 2007 10:52pm Mar 21, 2007 10:52pm
Quoting Dan S
I dont see the indicator repainting Steinitz. It just works the same like any other MTF indicator and has the same issues.
E.g. the higher timeframes will change to the closed value of the higher timeframe when you refresh/switch timeframes.

I woul love to see somebody would modify this indicator to show only the last closed values for the higher timeframes though.
What I mean is NOT to show the current developing candle values but the last closed values for the higher TFs. Dont know if it can be just shifted a candle to the left?
1. Could you please explain after looking at the image attached how the daily reacted earlier then the lower TF's?

2. I really need to know why the HAS does not repaint without refreshing and you say the 4TF HAS also does not repaint but needs to be refreshed to be current.

Man this is confusing at best!
Attached Image
  • #50
  • Mar 21, 2007 11:02pm Mar 21, 2007 11:02pm
take a look at this indicator it not a multi time
Attached Image
  • #51
  • Mar 21, 2007 11:07pm Mar 21, 2007 11:07pm
Here's a good story. I had the red and blue vertical lines on the 5 minute bars on 10 currencies today. Came back hours later and they were perfect. No repainting with the HAS.

Ok. Now I added back the 4TF HAS indicator on my platform to re-look at it to see if I could maybe do some refreshing to see if the 4TF HAS could be acceptable.

Right after I add the 4TF HAS on my platform all the previous red & blue vertical lines that I used previously to monitor the HAS changed colors !!!!!!!!!!!

I am losing my mind..........
  • #52
  • Mar 21, 2007 11:15pm Mar 21, 2007 11:15pm
Ok here is the two snapshots attached showing what I did earlier. Kept track on the 5M TF how the HAS was doing. Great! No repainting.

Then I come home later add back the 4TF HAS & 4TF HAS2 and presto chango you can see this indicator has an effect on the HAS. The lines are mostly all wrong now !!!!!!!

Let's see what brain on here can explain that????

Attached Images
  • #53
  • Edited Mar 22, 2007 12:11am Mar 21, 2007 11:56pm | Edited Mar 22, 2007 12:11am
Well folks, to start with, this looks like an interesting system. Too bad you are using MTF's. You see, all MTF indicators have this similar problem. It is not so much repainting as the longer time frame bar changing before they close and therefore affecting the calculations.

There are indicators out there that repaint.. ie. a closed bar on the same time frame changes data. However, on MTF indicators, those bars are not closed yet, (3) 5 minute boxes for the M15 indicator. This actually makes using the indicator absolutely useless, if an EA is planned. I solved the problem by having charts open on different time frames, and passing data down from higher to lower time frames via the global variables. It works like a charm... no repainting (or more accurately, no bars being updated).

Another option, is as someone suggested, only show completed bars. This is possible, but will result in the indicator looking not complete.

M30 xxxxxxxxxxxxxxxxxxxxxxxx
M15 xxxxxxxxxxxxxxxxxxxxxxxxxxx
M05 xxxxxxxxxxxxxxxxxxxxxxxxxxx00

In this example, the M5 has changed for 2 M5 bars... M15 will lag a couple, and M30 three more. On the next M5 bar, all the boxes will fill. One solution could be putting a third color in the mix for developing bars. However, due to the limitation of 8 lines, the indicator would have to be broken in two.

I'll follow this thread for a while and see what interest there is, but as I mentioned, I've thrown out all MTF's in favor of the above option.

Mark
  • #54
  • Mar 22, 2007 12:10am Mar 22, 2007 12:10am
Here is a pic of my chart with this going on. The indicator is not important, rather the process. For the record, the M30 line will only be drawn after the close of the M30 bar. Appropriate decisions can then be made.

I haven't spent enough time to fully understand your system, only sharing how I've solved this MTF problem.

Mark
Attached Image
  • #55
  • Mar 22, 2007 12:33am Mar 22, 2007 12:33am
Quoting flexie
Here is a pic of my chart with this going on. The indicator is not important, rather the process. For the record, the M30 line will only be drawn after the close of the M30 bar. Appropriate decisions can then be made.

I haven't spent enough time to fully understand your system, only sharing how I've solved this MTF problem.

Mark
Mark....

Very interesting explination indeed. The higher TF bars are in flux since they have not closed out yet. Yes I can see what you mean having a blank bar as a choice to not showing an incomplete bar.

Yes it would be nice to have a higher TF bar only show it's color at close. Maybe somebody can do this. But I can't really fault the indicator because it is showing what is happening dynamically in real time.

Thanks go out to "Johnnyohoh" for the indicator that posts screen shots automatically to the MT4 folder. I will look at hundreds of them in 5 minute intervals to see if I feel comfortable with some lack of perfection by nature of how as you put MTF's have to work by mere design.

Thanks!

  • #56
  • Mar 22, 2007 3:08am Mar 22, 2007 3:08am
Hi Steinitz

I thought you aleady understood this change of colours in higher TF's on MFT ind's, as when I highlighted the nature of MTF ind's back at post #432 (HA Smoothed thread) you replied:


Let me just answer your question this way.

The last color bar while forming will alwats be in a unstable condition with likely color changes until that bar closes. Once closed it will remain that color regardless of any future action.

No repainting with this indicator. If did I wouldn't use as I feel there next to useless information to trade with.


Quote:
Originally Posted by Yellow2 http://www.forexfactory.com/images/buttons/viewpost.gif
Hi,

System looks great

Just a quick questin.

With the 4 TF HAS bar ind on a 1 min chart and lets say the 5min squares are red.
Then in the last few secnds of a 5min period the price moves and causes a blues bar on the HAS on a 5 min chart.
Finally, the question, back to 4 TF HAS Bar ind on the 1min chart what will happen to the 5 min squares:

1. Will the indicator repaint all the 5min squares blue for that 5min period.

2. Only show a blue square for the last square in the 5min period.

3. A Combo and the one I suspect; Option 2 until the chart is re-opened or the indicator reset and then Option 1.

I ask this as I have not yet observed the indicator with a live feed and I was once caught out doing backtesting using a MFT Ind, 60min on a 5min chart.

Help appreciated


Yelow

__________________
"Anyone who has never made a mistake has never tried anything new."
  • #57
  • Mar 22, 2007 3:55am Mar 22, 2007 3:55am
Quoting Yellow2
Hi Steinitz

I thought you aleady understood this change of colours in higher TF's on MFT ind's, as when I highlighted the nature of MTF ind's back at post #432 (HA Smoothed thread) you replied:


Let me just answer your question this way.

The last color bar while forming will alwats be in a unstable condition with likely color changes until that bar closes. Once closed it will remain that color regardless of any future action.

No repainting with this indicator. If did I wouldn't use as I feel there next to useless information to trade with.


Quote:
Originally Posted by Yellow2 http://www.forexfactory.com/images/buttons/viewpost.gif
Hi,

System looks great

Just a quick questin.

With the 4 TF HAS bar ind on a 1 min chart and lets say the 5min squares are red.
Then in the last few secnds of a 5min period the price moves and causes a blues bar on the HAS on a 5 min chart.
Finally, the question, back to 4 TF HAS Bar ind on the 1min chart what will happen to the 5 min squares:

1. Will the indicator repaint all the 5min squares blue for that 5min period.

2. Only show a blue square for the last square in the 5min period.

3. A Combo and the one I suspect; Option 2 until the chart is re-opened or the indicator reset and then Option 1.

I ask this as I have not yet observed the indicator with a live feed and I was once caught out doing backtesting using a MFT Ind, 60min on a 5min chart.

Help appreciated


Yelow

__________________
"Anyone who has never made a mistake has never tried anything new."
I do understand that concept. What I was referring to is the repainting aspect of these indicators. I thought the HAS did not repaint. I presumed the 4TF HAS would follow suit and also not repaint.

I used an indicator tonight called "screen shots2" that was given to me to automatically have images taken and saved to the MT4 folder. This was a great tool to have since I can walk away and look at every frame by frame to see what is happening.

What I noticed was that the "HAS" indicator seems to actually repaint the second to last bar ONLY. I never saw that before. Then I witnessed with the screen shot tool the 4TF HAS repaint as well.

I new that before the end of a candle cycle I might see some changes but I don't understand the repainting which is isolated to the second to last bar.

I am now going to run this tool for several days to collect a lot of data and see if I can tolerate this small amout of repainting besides the incomplete candle activity.

If you are interested please download the indicator on this thread and see what you think. My intuition tells me that the longer the TF we trade the this becomes relevant.
  • #58
  • Mar 22, 2007 6:18am Mar 22, 2007 6:18am
Quoting flexie
Here is a pic of my chart with this going on. The indicator is not important, rather the process. For the record, the M30 line will only be drawn after the close of the M30 bar. Appropriate decisions can then be made.

I haven't spent enough time to fully understand your system, only sharing how I've solved this MTF problem.

Mark
Hi Flexie,

Could you share your indicator and how to implement global variables ?

What do you think if we can implement that technique to solve this not-yet-closed problem ?
  • #59
  • Mar 22, 2007 1:50pm Mar 22, 2007 1:50pm
I once attended a 4x made easy seminar and they showed their software.

Basically they have red and green arrows associated with each time frame and you can see when all of them line up with the same color, you would enter a trade.

I am guessing you are looking for something similiar.......

I do understand the repainnting of the last bar....it happens as a result of the candle constantly changing directions....however I do not understand why it would repaint the past....that makes now sense at all.....

future
"Lunch ? Lunch Is For Wimps !"
  • #60
  • Mar 22, 2007 5:41pm Mar 22, 2007 5:41pm
Would you kindly post your indictors? Thanks


Quoting sshhmmuueell
take a look at this indicator it not a multi time
"Loss and failure are inevitable but misery is optional"
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