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Recent SR indicator

  • #141
  • May 8, 2011 6:17pm May 8, 2011 6:17pm
pleasae put an alarm when a new line is made and maybe if u can an option so the lines would not be so long maybe we can select how much longer the line should be thx in advance
  • #142
  • May 8, 2011 9:22pm May 8, 2011 9:22pm
Quoting vladutz112
pleasae put an alarm when a new line is made and maybe if u can an option so the lines would not be so long maybe we can select how much longer the line should be thx in advance
If you're using lines instead of boxes (PlotBoxes = false), you can have the lines stop at the rightmost candle by setting FilledBoxes = false (that is a new feature in version 1.06). Then you can extend the lines as far as you wish, using HistogramSize. Please read the instruction document for more information.

Re alerts, please read post #121.
  • #143
  • May 9, 2011 4:09am May 9, 2011 4:09am
Quoting hanover
Version 1.05 can be downloaded from post #1. It addresses the request in post #119. See post #1 for more info.

I'm still planning on adding an alerts facility at some future point. However, this is not a trivial programming job - please be patient.
Thank you David, I think everything is ok now.
Thanks again for your job.

noeasyforex
  • #144
  • May 10, 2011 3:59pm May 10, 2011 3:59pm
lets share each other the settings u are using with this indicator im using the basic put on m30 and trade on m15
  • #145
  • May 22, 2011 2:05am May 22, 2011 2:05am
I was asked by PM to provide an indy that plots last week's O, H, L, C and median.

It's attached. If you press F8 and check 'Show object descriptions' ON, you'll see the descriptions at the left of each line.

David
Attached File(s)
File Type: mq4 Last week OHLCM.mq4   3 KB | 1,178 downloads
  • #146
  • May 22, 2011 9:31am May 22, 2011 9:31am
Great and simple David, thanks again.
  • #147
  • May 24, 2011 3:18pm May 24, 2011 3:18pm
This can be downloaded from post #1.

Release Notes for v 1.07:

1. Parameters PlotBoxes and FilledBoxes have now been replaced with new parameters LineWidth and Background. See the instructions document for more info. This also means that you may need to re-save any relevant MT4 templates. If you're not willing to do this, then DON'T download the upgrade.

2. New parameter UniqueID. See the instructions document for more info.
  • #148
  • May 25, 2011 11:08am May 25, 2011 11:08am
This indicator is the best thing that has ever happened to shitty MT4.

Thanks David!
Cap
  • #149
  • May 28, 2011 6:21am May 28, 2011 6:21am
how can i make the lines not to be so long?
  • #150
  • Edited 4:46pm May 28, 2011 8:04am | Edited 4:46pm
Quoting vladutz112
how can i make the lines not to be so long?
The lines extend from the candle that meets your S/R criteria to the rightmost candle in the chart. They can not be made any shorter than this. This is illustrated in the screenshot below, which was generated by using the following settings:

ParameterFile=NONE
TimeFrame=H4
LookbackCandles=15
StartDateTime=
IncludeCurrentCandle=false
BandwidthPips=1.0
FrequencyLevels=1
FrequencyColors=blue
ColorChart=White
IncludeNextBandAbove=false
VisibilityLevel=1
ClearancePips=0.0
VisCompletionRequired=false
CandleHighsValid=true
CandleLowsValid=true
CandleClosesValid=false
AllCandlePointsValid=false
LineWidth=2
Background=true
HistogramSize=0
HistogramFontSize=8
HistogramFont=Arial
HistogramFontColor=White
HistogramPriceMask=
ShowHistogramOnly=false
ShowOnTimeFrames=M1,M5,M15,M30,H1,H4,D1,W1,MN
DescriptionMask='SR'B'-'
PlotProximityPips=-1.0
HistoricalShift=0
RefreshEveryXMins=1
OutputFile=
UniqueID=0

Click on the image thumbprint, to see the lines more clearly.
Attached Image (click to enlarge)
Click to Enlarge Name: vlad3.jpg Size: 65 KB
  • #151
  • Jun 1, 2011 10:17am Jun 1, 2011 10:17am
Quoting hanover
The lines extend from the candle that meets your S/R criteria to the rightmost candle in the chart. They can not be made any shorter than this. This is illustrated in the screenshot below, which was generated by using the following settings:

ParameterFile=NONE
TimeFrame=H4
LookbackCandles=15
StartDateTime=
IncludeCurrentCandle=false
BandwidthPips=1.0
FrequencyLevels=1
FrequencyColors=blue
ColorChart=White
IncludeNextBandAbove=false
VisibilityLevel=1
ClearancePips=0.0
VisCompletionRequired=false
CandleHighsValid=true
CandleLowsValid=true
CandleClosesValid=false
AllCandlePointsValid=false
LineWidth=2
Background=true
HistogramSize=0
HistogramFontSize=8
HistogramFont=Arial
HistogramFontColor=White
HistogramPriceMask=
ShowHistogramOnly=false
ShowOnTimeFrames=M1,M5,M15,M30,H1,H4,D1,W1,MN
DescriptionMask='SR'B'-'
PlotProximityPips=-1.0
HistoricalShift=0
RefreshEveryXMins=1
OutputFile=
UniqueID=0

Click...

CAN YOU please modify the indicator so after the sr is found to be plotted jus a few candles maybe 5.. the line ...if u have time it will be a great help thank you
  • #152
  • Jun 1, 2011 4:28pm Jun 1, 2011 4:28pm
Quoting vladutz112
CAN YOU please modify the indicator so after the sr is found to be plotted jus a few candles maybe 5.. the line ...if u have time it will be a great help thank you
You can now set the length of the band or line, from its starting point. See the instructions document, and download v1.08 of the indicator, from post #1.
  • #153
  • Jun 2, 2011 11:15am Jun 2, 2011 11:15am
thank you very much i really appreciate your effort
  • #154
  • Jun 24, 2011 11:35pm Jun 24, 2011 11:35pm
Very nice of you to turn RecentSR v1.08 into trend lines with auto description available in the trend line....


This is very useful for SR traders that use ultimate high/lows.

Once again, thank you very much David.


One thing I have learned from this indicator is that H1 fractal highs/lows that are formed during the Asian session 00:00GMT to 08:00GMT, are much more likely to be ignored by the market during any trading session. While trading during the Asian session the SRs formed during the previous london/NY sessions are much more useful.

All the best,
Josh
  • #155
  • Jun 25, 2011 3:34am Jun 25, 2011 3:34am
Quoting aquaart
One thing I have learned from this indicator is that H1 fractal highs/lows that are formed during the Asian session 00:00GMT to 08:00GMT, are much more likely to be ignored by the market during any trading session. While trading during the Asian session the SRs formed during the previous london/NY sessions are much more useful.
Josh,

Thanks for the info.

Best to you likewise,
David
  • #156
  • Edited 8:03pm Jun 27, 2011 7:51pm | Edited 8:03pm
Quoting hanover
Josh,

Thanks for the info.

Best to you likewise,
David
Hi David,

Just wondering is there a way of stopping the RecentSR refreshing every time you change TFs?
Cause it re-draws the SR lines that I deleted each time TFs are changed.

Edit:
Just realised a different way of achieving what I was thinking. To keep the lines (rectangles / trendlines) created, would it possible to have the indicator have an option to NOT delete the objects when removing the indicator.

That way when I need to update the SR lines I could just re-apply the template.


Thanks again
Josh
  • #157
  • Jun 27, 2011 10:30pm Jun 27, 2011 10:30pm
Quoting aquaart
Just wondering is there a way of stopping the RecentSR refreshing every time you change TFs?
Cause it re-draws the SR lines that I deleted each time TFs are changed.
Josh,

It would seem that MT4 does a complete refresh whenever currency pair or timeframe is changed. This means that all indys are redrawn; exactly what gets redrawn depends on how they are coded. In programming terms, all of the code in the init() section is re-executed.

I'ts easy enough to make the deletion of the lines an option, when the indy is removed. I've posted that modification as v1.09. See post #1.

David
  • #158
  • Jun 27, 2011 11:28pm Jun 27, 2011 11:28pm
Quoting hanover
It's easy enough to make the deletion of the lines an option, when the indy is removed. I've posted that modification as v1.09. See post #1.
Hi David,

Thanks for that, cause when mapping out the 4 hour / daily / weekly / monthly SR, on the 5M chart you don't know (with ease) which SR have lost their strength unless you are on the said TF's chart. So now that the indicator can be deleted before I change TF it will make things a lot easier to work with.

This truly is a fantastic SR indicator.

Thank you very much

Josh
  • #159
  • Jun 30, 2011 7:20am Jun 30, 2011 7:20am
hanover do u have a divergence indicator or? a harmonic one?
  • #160
  • Jun 30, 2011 5:21pm Jun 30, 2011 5:21pm
Quoting vladutz112
hanover do u have a divergence indicator or? a harmonic one?
No, sorry, I haven't written anything like that. For a list of all the 'major' indys that I've written, click on the link in my signature.
_____________

Copied from another post of mine:

Incidentally, if ever you need indicators, here are some great places to search (apart from FF's search facility):
http://www.forexfactory.com/showthread.php?t=62722
http://www.forex-tsd.com (use their forum search facility)
http://codebase.mql4.com/ (use their forum search facility)
http://www.forexmt4.com/_MT4_Indicators/
http://www.xeatrade.com/trading/11.html
http://www.desynced.net/fx/eas/indicators.php
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