Indicator that divides chart into thirds | Forex Factory

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Indicator that divides chart into thirds

  • #1
  • First Post: Feb 6, 2010 6:04pm Feb 6, 2010 6:04pm
I'm looking for an indicator that will divide a chart equally into thirds from top to bottom with horizontal lines and continue to divide it in thirds as the chart shifts. It would look something like this chart below. thank you
Attached Image (click to enlarge)
Click to Enlarge Name: chart inthirds.gif Size: 20 KB
  • #2
  • Feb 6, 2010 7:32pm Feb 6, 2010 7:32pm
Since the markets are not moving right now when you scroll or change the scaling you will need to refresh for it to move the lines. Normally this will be automatic on each incoming tick.
Attached File(s)
File Type: mq4 Thirds.mq4   2 KB | 629 downloads
  • #3
  • Feb 6, 2010 7:57pm Feb 6, 2010 7:57pm
Quoting magnumfreak
Since the markets are not moving right now when you scroll or change the scaling you will need to refresh for it to move the lines. Normally this will be automatic on each incoming tick.
Wow, thanks magnum, I appreciate it. Will be using it with Nanningbob's latest EA.
  • #4
  • Feb 6, 2010 8:26pm Feb 6, 2010 8:26pm
Correct me if I'm missing something but I think the indicator( and thanks again) is a little off. See my chart below. The purple lines are exactly 1/3'rds. Your indicator placed the yellow lines.
  • #5
  • Feb 6, 2010 8:30pm Feb 6, 2010 8:30pm
Sorry, here's the chart. The very top of the chart equals 133.70 and bottom is 120.30. The difference between the two is 1340 divided by 3 gives you 129.22 and 124.76 (purple lines).
Attached Image (click to enlarge)
Click to Enlarge Name: devide.gif Size: 20 KB
  • #6
  • Feb 6, 2010 8:33pm Feb 6, 2010 8:33pm
the values are calculated from what metatrader returns for WindowPriceMax and WindowPriceMin. If those are off then the calculation will be off.
  • #7
  • Feb 6, 2010 8:55pm Feb 6, 2010 8:55pm
My calculations were off. Your indicator is dead on. thanks much.
  • #8
  • Feb 14, 2010 6:57pm Feb 14, 2010 6:57pm
Magnum, love your indicator will fit my system perfectly. I was wondering if you could add a comments section in the top left hand corner.

top to bottom: ________ pips
top to 1/3 line:_________pips
bottom to 1/3 line:________pips

Thanks,

Nanningbob
  • #9
  • Feb 14, 2010 8:21pm Feb 14, 2010 8:21pm
Quoting nanningbob
Magnum, love your indicator will fit my system perfectly. I was wondering if you could add a comments section in the top left hand corner.

top to bottom: ________ pips
top to 1/3 line:_________pips
bottom to 1/3 line:________pips

Thanks,

Nanningbob
Bob, my solution is attached. The height of each of the 3 sections is the same number of pips.

Hope this is OK,
David
Attached File(s)
File Type: mq4 Thirds.mq4   48 KB | 480 downloads
  • #10
  • Last Post: Feb 15, 2010 6:09am Feb 15, 2010 6:09am
Quoting hanover
Bob, my solution is attached. The height of each of the 3 sections is the same number of pips.

Hope this is OK,
David
WOW thanks that was a lot of code. If I change the levels around like fourths or sixths with it still work?? I posted a Sixth on the 60x90 thread as a basis for a new EA.
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