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  • #221
  • Mar 22, 2009 12:25pm Mar 22, 2009 12:25pm
Quoting lumesh
hi,


you are correct with what i wanted...

if you look more closely in malcolm charts you'll notice that you are wrong...i know excactly what you are talking about and yes mt4 has it on standard indicator list.

misleading and distracting ? sorry, but you are wrong again...

when you have this you can learn much faster and effectively by looking at historic charts and pinpoint high volume reversals visually very quickly etc.

i hope you would reconsider this...especially when it only takes 5min of your time...

thanks.
As you wish, I will comply, however, I see no value in it. give me 5 minutes

EDIT.... Here it is.
Attached File(s)
File Type: mq4 Volume based on price open and close.mq4   2 KB | 1,868 downloads
  • #222
  • Mar 22, 2009 12:43pm Mar 22, 2009 12:43pm
hi,


thanks for your contribution...you are a great coder.

it's not really a "give signal indicator"....it's just good for manual trading and gauging the bigger picture...i also edited my last post with a benefit "comparing sentiment between down bars and up bars"...

you are right though...it doesn't give any concrete signals...and that's good actually...it won't make me lazy.
  • #223
  • Mar 22, 2009 12:43pm Mar 22, 2009 12:43pm
Quoting lumesh
hi,


you are correct with what i wanted...

if you look more closely in malcolm charts you'll notice that you are wrong...i know excactly what you are talking about and yes mt4 has it on standard indicator list.

misleading and distracting ? sorry, but you are wrong again...

when you have this you can learn much faster and effectively by looking at historic charts and pinpoint high volume reversals visually very quickly etc.

furthermore, with this you can see the volume sentiment in down bars and compare it to up bars.

i hope you would reconsider...

check out the better volume indicator .. it shows high and low volume bars nicely .... I like although it is not 100% accurate
Blogging daily now at www.volume.zone
  • #224
  • Mar 22, 2009 12:46pm Mar 22, 2009 12:46pm
Quoting malcolmb14
check out the better volume indicator .. it shows high and low volume bars nicely .... I like although it is not 100% accurate


yes, i have it... it's pretty good.

btw can you answer to my post where i asked you about option expirations ?
  • #225
  • Mar 22, 2009 1:08pm Mar 22, 2009 1:08pm
Quoting thatwasme

So this fixes all that code I am posting the new version here and hope that FamousShanous will update his first post. I will go back and delete the indicator in the previous post where it is outdated.

EDIT......

I cannot edit my earlier post, so please use this version and FanousShanous please use this post in you link on your first page.

found one more small bug, be back with the code in just a moment.

Ok, all fixed. here it is
Thank you again for your contributions Thatwasme. They are greatly appreciated by myself and I'm sure many others.

I have updated the first post of the thread with the new link.
The trend always ends.
  • #226
  • Mar 22, 2009 1:11pm Mar 22, 2009 1:11pm
Quoting malcolmb14
check out the better volume indicator .. it shows high and low volume bars nicely .... I like although it is not 100% accurate

Malcolm. This is somewhat off topic but can you post or pm your settings again for the rsx indicator and the ma line on it as well.

Or perhaps if you post it, Thatwasme might give it a shot with the colored backgrounds because my guy cannot get it to work as you have it.

He has the logic for when it should change the bg color but cannot figure out how or if it's possible to do so in mt4 he's still trying though.
The trend always ends.
  • #227
  • Mar 22, 2009 1:16pm Mar 22, 2009 1:16pm
Quoting ShamusFamous
Malcolm. This is somewhat off topic but can you post or pm your settings again for the rsx indicator and the ma line on it as well.

Or perhaps if you post it, Thatwasme might give it a shot with the colored backgrounds because my guy cannot get it to work as you have it.

He has the logic for when it should change the bg color but cannot figure out how or if it's possible to do so in mt4 he's still trying though.
I have RSX for MT4 if the settings are posted, and a visual example, I am sure I can do it. I will be gone the rest of the day, but would look at it this evening.
  • #228
  • Mar 22, 2009 1:21pm Mar 22, 2009 1:21pm
Quoting thatwasme
I have RSX for MT4 if the settings are posted, and a visual example, I am sure I can do it. I will be gone the rest of the day, but would look at it this evening.

Hi TWM. Take a look at Malcolms charts. When you see the rsx line and the ma line cross it changes the background color to green (long) or red (short).

Malcolm gave me the settings a while ago in chat but I've since lost them. Hopefully he can post them up here and you can work your magic.
The trend always ends.
  • #229
  • Mar 22, 2009 1:34pm Mar 22, 2009 1:34pm
Quoting lumesh
hi,


does anybody has this simple volume indicator (just like malcolm uses when he gives examples) where volume bar is green when price closes above open and red when it closes down...and maybe a little add-on...yellow when the open and close are the same...thanks a lot.
We already have a indi that work no bad is volume average it can show green/red plus some pich you only change the colors for your eyes
Attached Image (click to enlarge)
Click to Enlarge Name: better vol-volume average-volumeopen close.jpg Size: 156 KB
Attached File(s)
File Type: mq4 VolumeAverage_v1.mq4   4 KB | 1,237 downloads
  • #230
  • Mar 22, 2009 1:49pm Mar 22, 2009 1:49pm
Quoting lumesh
btw can you answer to my post where i asked you about option expirations ?
http://tinyurl.com/ckeaht
  • #231
  • Mar 22, 2009 2:16pm Mar 22, 2009 2:16pm
Quoting Mike21
http://tinyurl.com/ckeaht

OMG you've got to be kidding me ??


clearly you don't have any understanding what i meant in my request...
  • #232
  • Mar 22, 2009 2:58pm Mar 22, 2009 2:58pm
Quoting thatwasme
I went back and looked closely at the code and there is one occurance if volume is not greater than value3 and also less than the starting value of value3 the code can give the white bar instead of the red bar.

I isolated that logic and re-wrote it so that can not happen in the future.
This is why some charts were correct and some were not.


I am very sorry for my mistake, or more over a strange mistake in the way MT4 handles doubles. Sorry about that

So this fixes all that code I am posting the new version here and hope that FamousShanous...
Hello Thatwasme

Thanks for indicators. We are on the way to make TradeGuider for MT4...?
I want to ask you if you can change Green collor to blue on churn and price bar? It is easier to recognize...

Also would you consider to add stopping volume and no demand as per:
http://emini-watch.com/emini-daily-u...ng-pattern/42/
and
http://emini-watch.com/emini-daily-u...n-at-highs/84/

and one more thing:
Similar to alert window: is it possible to have alert for red bar , stop volume and no demand? Do you think that would be useful?

Thank you again
The Market pays you to be disciplined
  • #233
  • Mar 22, 2009 5:19pm Mar 22, 2009 5:19pm
  •  FxChi
  • | Joined Dec 2007 | Status: Cash Rules Everything Around Me | 749 Posts
Quoting lumesh
OMG you've got to be kidding me ??


clearly you don't have any understanding what i meant in my request...
Closest thing I have is this: http://www.cboe.com/AboutCBOE/xcal2009.pdf
But perhaps Malc uses something different.
"Wishful thinking dies hard." Igor T.
  • #234
  • Mar 22, 2009 5:37pm Mar 22, 2009 5:37pm
Quoting ShamusFamous
Hi TWM. Take a look at Malcolms charts. When you see the rsx line and the ma line cross it changes the background color to green (long) or red (short).

Malcolm gave me the settings a while ago in chat but I've since lost them. Hopefully he can post them up here and you can work your magic.
bad boy shamus thinking about indicators..lol

.... I do not even use that rsx any more hardly ... all volume baby....
Blogging daily now at www.volume.zone
  • #235
  • Mar 22, 2009 5:40pm Mar 22, 2009 5:40pm
Agreed, I think that is about all I need to trade this. I am not interested in recreating Tradeguider.
  • #236
  • Mar 22, 2009 5:54pm Mar 22, 2009 5:54pm
Quoting thatwasme
Agreed, I think that is about all I need to trade this. I am not interested in recreating Tradeguider.

it has been done anyway in ninja trader ....way to over complicated

the better volume is all one needs ... and watch volume in general . Really it is common sense. If a price is rising with reducing volume does that mean pros are buying and can the move be sustained ? of course not ... no buyers = price has high chance of reversal .. who really needs an indicator to tell them that. We have all become to indicator happy.
Blogging daily now at www.volume.zone
  • #237
  • Mar 22, 2009 6:02pm Mar 22, 2009 6:02pm
Quoting malcolmb14
bad boy shamus thinking about indicators..lol

.... I do not even use that rsx any more hardly ... all volume baby....
LOL I know I know!.

PS: We have about 32 people in chat anxiously awaiting the gurus (ie you and the other VSA experts) arrival. (hint hint)
The trend always ends.
  • #238
  • Mar 22, 2009 6:05pm Mar 22, 2009 6:05pm
Can you post an example when to buy or sell in the chart? Or you have a link or document that can learn from. thanks.
Andrew

Is this volume similiar to waddah_attar?
Attached File(s)
File Type: mq4 Waddah_Attar_BUY_SELL_Vol.mq4   3 KB | 1,213 downloads
File Type: mq4 Waddah_Attar_Explosion.mq4   8 KB | 1,000 downloads
  • #239
  • Mar 22, 2009 7:09pm Mar 22, 2009 7:09pm
Quoting Scottstone
Has anyone seen the Better Sign Wave with the support and resistance levels printed onto price chart.

Check it out and see what you think!

http://emini-watch.com/products/hilbert-sine-wave/

Hey guys, got this indicator from the ninjatrader.com. I think it is similiar to the one mentioned in the link above. I don't think it has the S/R lines added to the code though. Anyone interested in converting this to mt4 indicator?
Attached File(s)
File Type: zip EhlersSineWave.zip   2 KB | 1,066 downloads
  • #240
  • Mar 23, 2009 12:31am Mar 23, 2009 12:31am
One of the greatest things about VSA... You can avoid headache inducing clusterf**k charts like this:

http://www.forexfactory.com/attachme...1&d=1237747247

Sorry I couldn't resist.
The trend always ends.
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