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Recent Strength indicator

  • #101
  • Dec 6, 2009 7:44pm Dec 6, 2009 7:44pm
OK first question - i dont have the right axis - the key of the pairs on my chart so without opening the params, i dont know which color is which.

See image.
Attached Image (click to enlarge)
Click to Enlarge Name: gu_show.gif Size: 28 KB
  • #102
  • Dec 6, 2009 10:24pm Dec 6, 2009 10:24pm
Quoting pipmyride
OK first question - i dont have the right axis
Do you have 'Chart Shift' on? (MT4 menu option: Charts -> Chart Shift; or click the icon as shown in the screenshot below)

When this is on, it should free up enough space at the RHS of the chart to enable the legend to show (as in the screenshot).
Attached Image (click to enlarge)
Click to Enlarge Name: pipmyride1.jpg Size: 199 KB
  • #103
  • Dec 6, 2009 11:06pm Dec 6, 2009 11:06pm
Quoting hanover
Do you have 'Chart Shift' on? (MT4 menu option: Charts -> Chart Shift; or click the icon as shown in the screenshot below)

When this is on, it should free up enough space at the RHS of the chart to enable the legend to show (as in the screenshot).
how embarrassing
I dont normally have chart shift on - that did the trick.

Cheers
  • #104
  • Dec 6, 2009 11:24pm Dec 6, 2009 11:24pm
hanover,

thx a mil works like a charm
  • #105
  • Dec 6, 2009 11:33pm Dec 6, 2009 11:33pm
Quoting pipmyride
how embarrassing
I dont normally have chart shift on - that did the trick.

Cheers
Then I should likewise be embarrassed, since I explored various parameter settings, and even had a look through the program source code....... before the obvious finally dawned. LOL.
  • #106
  • Dec 10, 2009 3:36pm Dec 10, 2009 3:36pm
Quoting hanover
I believe I've located the problem. I was converting the currency pair names to uppercase, in case somebody typed 'eurusd' instead of 'EURUSD', but alas, the 'm' in EURUSDm was getting converted to uppercase also (EURUSDM). Hence the indicator was not recognizing the currency pair.

The attached fix should work for you (download it into the ...../experts/indicators folder, overwriting the previous version). I finally managed to find an IBFX account type that used minis. The screenshot below shows the result after I compiled the fix, removed...

For me it is not possible to download the indicator. The format is "fichier PHP" and not "fichier EX'".
I think there is a problem!
  • #107
  • Dec 10, 2009 6:06pm Dec 10, 2009 6:06pm
Quoting balouf
For me it is not possible to download the indicator. The format is "fichier PHP" and not "fichier EX'".
I think there is a problem!
They downloaded OK for me just now. I am using Opera v 10.0 as my web browser.

If you go to my profile and send me an e-mail (click 'Send Email'), I will send you a reply with the relevant files attached.
  • #108
  • Dec 13, 2009 10:05pm Dec 13, 2009 10:05pm
Hey Hanover,

Thought you might find this link useful...
http://fx.sauder.ubc.ca/fxidx.html

It details how different currencies have their typical index calculated.
  • #109
  • Dec 13, 2009 11:59pm Dec 13, 2009 11:59pm
Quoting aquaart
Hey Hanover,

Thought you might find this link useful...
http://fx.sauder.ubc.ca/fxidx.html

It details how different currencies have their typical index calculated.
Thanks very much - I will take a look. Particularly relevant as I'm considering how to best re-scale the plots (as discussed in the last paragraph of your post #90).
  • #110
  • Dec 30, 2009 12:21am Dec 30, 2009 12:21am
Hello David,

Looks like a pretty impressive indie. Unfortunately it doesn't seem to load on my PC. When I add it, it just indefinitely loads and hangs MT4. I have a single, blank chart open, and a quad processor that should be able to handle it without sweat.

Thanks!

Marco
-//-
  • #111
  • Dec 30, 2009 4:32am Dec 30, 2009 4:32am
Quoting hybrid
Hello David,

Looks like a pretty impressive indie. Unfortunately it doesn't seem to load on my PC. When I add it, it just indefinitely loads and hangs MT4. I have a single, blank chart open, and a quad processor that should be able to handle it without sweat.

Thanks!

Marco
I'm sorry, I have no idea why it would hang MT4. Nobody else has reported a similar problem, and I have no problem here. If I can't reproduce the error myself, it makes it very difficult to troubleshoot.

Which broker are you using? I will try to download their MT4 platform, to see if the error is broker-specific.

What currency pairs does your broker offer? The indy requires that the parameter file is first set up with all of the existing pairs, correctly spelled. If you post a full list here, I'll create a suitable parameter file for you to try.

Once this has been done, it may take a few minutes for the indy to load all of the required the data. If you specify all 9 timeframes, then it has to gather data from every pair for every timeframe. But that shouldn't "hang" MT4.

What version of Windows are you running? Hopefully not Vista.

Sorry, but that's the best I can do with the info that you've provided thus far.
  • #112
  • Dec 30, 2009 5:19am Dec 30, 2009 5:19am
The indicator is really very good, although it looks like my eyeballs after a heavy session watching the markets! Does anyone know of the whereabouts of an indicator strength /power meter which gives info in panels for quick referance? tks, great friendship here, pipdit
  • #113
  • Dec 30, 2009 6:19am Dec 30, 2009 6:19am
hi pipdit
not sure if this is what you want or is still available but try www.newsprofiteer.com
" When the ship starts to sink, don't just pray. JUMP "
  • #114
  • Dec 30, 2009 8:16am Dec 30, 2009 8:16am
Quoting pipdit
The indicator is really very good, although it looks like my eyeballs after a heavy session watching the markets! Does anyone know of the whereabouts of an indicator strength /power meter which gives info in panels for quick referance? tks, great friendship here, pipdit

Look up in10tion newsreader. that's a nice one. don't know about gladis but newsprofiteer uses too much cpu on my machine
  • #115
  • Dec 30, 2009 3:42pm Dec 30, 2009 3:42pm
Thanks for your support, David.
The broker is IBFX. It offers the following currency pairs: EURUSD, USDJPY, GBPUSD, USDCHF, USDCAD, AUDUSD, NZDUSD, EURGBP, EURJPY, EURCHF, GBPCHF, GBPJPY, AUDJPY, CHFJPY, EURCAD, EURAUD, AUDCAD, AUDNZD, NZDJPY, AUDCHF, EURDKK, EURNZD, GBPNZD, NZDCHF, USDDKK, USDPLN, USDSGD.

I'm running MT4 (build 225) on Windows 7.

Regards,
Marco

Quoting hanover
I'm sorry, I have no idea why it would hang MT4. Nobody else has reported a similar problem, and I have no problem here. If I can't reproduce the error myself, it makes it very difficult to troubleshoot.

Which broker are you using? I will try to download their MT4 platform, to see if the error is broker-specific.

What currency pairs does your broker offer? The indy requires that the parameter file is first set up with all of the existing pairs, correctly spelled. If you post a full list here, I'll create a suitable parameter file for you to try.

Once...
-//-
  • #116
  • Edited 6:45pm Dec 30, 2009 6:27pm | Edited 6:45pm
Quoting hybrid
Thanks for your support, David........
Hi Marco,

I'm running Win XP-Pro Home Edition, not Win 7, so I can't test fully here.

Here is the only process that I can suggest:

1. Remove the indy from all of your MT4 charts.

2. Unzip the attached files into the ....../experts/indicators and ....../experts/files folders, as suggested by the zip file names, overwriting any files of the same name that already exist there.

3. Try shutting everything down and rebooting your PC. That should hopefully clear everything.

4. Reload MT4 and attach the indicator to one chart only. It shouldn't matter if this chart already has other indys attached, but I tend to run Recent Strength on its own 'dedicated' chart.

-- If the pair names are like EURUSD, then leave all of the parameters as is.

-- If the pair names are like EURUSDm, then set ParameterFile = m
and leave all of the other parameters as is.

This should remove any possibility of the bug being in the parameter file.

5. It should take 5-10 mins for enough data to build up to allow the spaghetti lines to plot correctly. You can toggle between timeframes, if necessary, to refresh the chart.

If this process hangs your MT4, then I'm at a loss to know why. You have just unzipped the same .EX4 file that runs OK on my PC.

If you have another computer that you could try running the indy on, that's not running Win7, and the indy runs OK on that computer, then we would know that the problem is PC/Win7 specific.

If you have another broker's MT4 running on your Win7 PC, and the indy runs OK there, then we would know that it has something to do with the IBFX version.

That's about all that I can do.

Good luck,
David

[EDIT]
I have downloaded IBFX MT4, and have the indy running on their platform here, using the same parameter file that I sent you - see screenshot below.
Attached Image (click to enlarge)
Click to Enlarge Name: marco1.jpg Size: 214 KB
Attached File(s)
File Type: zip unzip into experts-files folder.zip   2 KB | 1,409 downloads
File Type: zip unzip into experts-indicators folder.zip   51 KB | 1,471 downloads
  • #117
  • Dec 30, 2009 9:08pm Dec 30, 2009 9:08pm
Thanks for all the help, David. You give better support than people selling $2k software. It works perfectly now.

Marco
-//-
  • #118
  • Jan 20, 2010 8:09pm Jan 20, 2010 8:09pm
Sorry to bother you but how does one set this indicator to track prices from the start of the week?

http://i45.tinypic.com/9zmzs.gif
  • #119
  • Jan 20, 2010 9:58pm Jan 20, 2010 9:58pm
Quoting kennyjohnson
Sorry to bother you but how does one set this indicator to track prices from the start of the week?
Your attached chart displays the Recent Prices indicator, as opposed to Recent Strength.

Both indicators have been coded to work on the basis of plotting points for the last X candles, as opposed to a starting point in time (e.g. the start of the week). Set the NumPoints parameter equal to the value of X. If you are plotting multiple MT4 timeframes, you can have a different NumPoints value for each timeframe, e.g.

TimeFrames = "M5, M15, M30, H1, H4";
NumPoints = "240, 80, 40, 20, 5";
-- would result in 240 M5 data points, 80 M15 data points, etc being plotted.

NumPoints = "30";
-- would result in 30 data points being plotted for each requested timeframe.

For detailed information, please refer to the instructions in post #1 in either thread.
  • #120
  • Jan 20, 2010 10:19pm Jan 20, 2010 10:19pm
Quoting hanover
Your attached chart displays the Recent Prices indicator, as opposed to Recent Strength.

Both indicators have been coded to work on the basis of plotting points for the last X candles, as opposed to a starting point in time (e.g. the start of the week). Set the NumPoints parameter equal to the value of X. If you are plotting multiple MT4 timeframes, you can have a different NumPoints value for each timeframe, e.g.

TimeFrames...
Sorry about posting in the wrong thread. There is no way to have a fixed starting point.
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