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Ok, Lets do it - Developing a Highly Profitable System

  • #141
  • Jan 2, 2011 10:45am Jan 2, 2011 10:45am
Quoting yaed
Ok that works for me. I would not want it in a separate window, since then i have to look at it all the time. I think this works just fine, id like different colored candles but if its a hassle i doubt its worth the time since the arrows are pretty good too. Sp Thanks newyear!
if he scripts it as a 2 histogram subwindow like i further suggested then it's going to take only marginally more effort to notice a highlighted colour in the subwindow than it is to register an arrow on the main chart with your eyeball. i think the benefits outweigh any perceived drawbacks.

or to put it another way... RESPECT MA AUTHORITAH
Congratulations ScalaFX for coming out of the closet!
  • #142
  • Jan 2, 2011 11:31am Jan 2, 2011 11:31am
Quoting nubcake
if he scripts it as a 2 histogram subwindow like i further suggested then it's going to take only marginally more effort to notice a highlighted colour in the subwindow than it is to register an arrow on the main chart with your eyeball. i think the benefits outweigh any perceived drawbacks.

or to put it another way... RESPECT MA AUTHORITAH
i did post two versions.. one was the arrows.. and another puts a little bar in a separate window or leaves it blank when no signal.. the separate windows does look better to my preference

either way as long as you get your signal

I did on one test change the color of the candle.. but sometimes it colored half and others more than half.. obstructing the correct high and low of the candle.. so I just change code since I didn't want to spend hours on the simple indicator.. I'm sure I would have gotten it but since I didn't really understand how it was drawing it I would have needed a while to figure out how it was working thus went with the cheepo version
  • #143
  • Jan 3, 2011 12:14am Jan 3, 2011 12:14am
Quoting newyear498
i did post two versions.. one was the arrows.. and another puts a little bar in a separate window or leaves it blank when no signal.. the separate windows does look better to my preference

either way as long as you get your signal

I did on one test change the color of the candle.. but sometimes it colored half and others more than half.. obstructing the correct high and low of the candle.. so I just change code since I didn't want to spend hours on the simple indicator.. I'm sure I would have gotten it but since I didn't really understand how...
huh? if you know how to draw a line or histogram in a subwindow (which is simply using indicator buffers), then it's simply a case of having a histo with one plain colour and another with a nice and bright color... then set the normal histo to the candle size and the colourful histo to 0... then test if the candle size happens to penetrate the designated candlesize and in this case reset the plain histo to zero (essentially hiding it) and then set the colourful histo to the candlesize (essentially showing it finally).

it only takes 1 if statement and another round of assigning histogram positions. either the plain histo shows and the colourful one is hiding at zero, or the opposite.

nawt vary hard yar.
Congratulations ScalaFX for coming out of the closet!
  • #144
  • Jan 3, 2011 10:59am Jan 3, 2011 10:59am
Here Yead,

now you can have 2 distances

signal orange appears when price >= distance1 & price < distance2

signal red appears if price > distance 2



so with default settings

orange appears when candle >= 10 pips

red appears candle > 14 pips


and alert is set to "on" change to turn it off


hope this helps
Attached File(s)
File Type: mq4 Candle Size V1.5.mq4   3 KB | 378 downloads
File Type: ex4 Candle Size V1.5.ex4   3 KB | 349 downloads
  • #145
  • Jan 3, 2011 11:50am Jan 3, 2011 11:50am
Quoting newyear498
Here Yead,

now you can have 2 distances

signal orange appears when price >= distance1 & price < distance2

signal red appears if price > distance 2



so with default settings

orange appears when candle >= 10 pips

red appears candle > 14 pips


and alert is set to "on" change to turn it off


hope this helps
Youre the man!
My signature is: "Classified".
  • #146
  • Edited 12:22pm Jan 3, 2011 11:55am | Edited 12:22pm
Quoting nubcake
if he scripts it as a 2 histogram subwindow like i further suggested then it's going to take only marginally more effort to notice a highlighted colour in the subwindow than it is to register an arrow on the main chart with your eyeball. i think the benefits outweigh any perceived drawbacks.

or to put it another way... RESPECT MA AUTHORITAH
Well thing is i want to keep it simple, and stare at as few windows as possible. Thats why i integrate everything that can be integrated into the same window. I even had 3 RSIs and one CCI in the same window. They all sort of did something but i cut it down to the most important stuff As is there is already enough stuff in that template to keep my brain wired as hell. Id like it if i could watch only the price window, and i can trade that way pretty good, but ill miss out on the RSI and CCI and they can do pretty cool stuff. Anyway if anybody wants to trade E/U M1 and make modifications to that template and discuss improvments that would be great, i think we could all benefit, but trading M1 is no vacation and you should know that. I would trade higher timeframes but i just dont see the logic and i dont see the kind of retraces relative to moves that i want to see in order to be able to trade.
My signature is: "Classified".
  • #147
  • Jan 5, 2011 2:50am Jan 5, 2011 2:50am
By the way, i say screw that Gannhilo, tried it enouth, didnt make me better in live trading, so screw it. Might get back to it if i get bored someday but i doubt it.
My signature is: "Classified".
  • #148
  • Last Post: Jan 5, 2011 4:25am Jan 5, 2011 4:25am
Hey Newyear, could you make an indie that is similar to the candle size one, but this one is for volume instead? So that for an example if volume is above a certain value say 35 for that candle there is an arrow beneath that candle?

So it would do pretty much the same thing as the last indie you made, but slightly different. The point would of course be to indicate what border from MA 20 to buy/sell from.
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