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MTF Indicators for the 'Trading Made Simple' system

  • #81
  • Sep 11, 2011 7:55pm Sep 11, 2011 7:55pm
nice one
  • #82
  • Sep 14, 2011 6:51am Sep 14, 2011 6:51am
Quoting Xaphod
I can't find any horizontal line code in there. There are probably quite a few indicators that do what you want to be found here on ff. Search for session/box/breakout indicators. Here is one I have written:
http://www.forexfactory.com/showthread.php?t=285469
ok thats the one i got and is the best i can find, but there are none that have a horizontal line at the close price of a session. so instead of a session close vetical line can you modify it to draw a horizontal line with price on it from the close of the last hour bar of a session?
  • #83
  • Oct 20, 2011 3:48pm Oct 20, 2011 3:48pm
Hi Xaphod

Thank you for sharing your mtf indicators for trading the TMS method.

If I may request, is it possible to put a marking on the histogram/block when the higher tf candle closes ? For example if I am on 1 hr. chart and I have the 4 hr. mtf indicator, I think some people would also find it helpful if there could be a dot or something in the middle of each 4th block corresponding to the 4 hr. candle close on the 4hr mtf indicator. If I also have the day setting on the mtf indicator on my 1 hr. chart, then every 24th histo/block would have a marking corresponding to its candle closing.

More pips to you and all who have unselfishly shared their time and effort !
  • #84
  • Nov 30, 2011 12:54pm Nov 30, 2011 12:54pm
Hi Xaphod

English is not my native tongue
so I ask question by pictures

I am wondering TMS-Osc Histo 3TF v1.02 repaint
please notice D1 in the pictures

I really appreciate your efforts
thanks for your responding
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2-1.PNG Size: 259 KB
Click to Enlarge Name: 2-2.PNG Size: 206 KB
  • #85
  • Edited Dec 1, 2011 3:18am Nov 30, 2011 6:48pm | Edited Dec 1, 2011 3:18am
Quoting sknews
Hi Xaphod

English is not my native tongue
so I ask question by pictures

I am wondering TMS-Osc Histo 3TF v1.02 repaint
please notice D1 in the pictures

I really appreciate your efforts
thanks for your responding
Unfortunately the indicator cannot foresee the future. The indicator updates all bars related to each time-frame. Any data that is displayed from an open bar will updated up until the bar closes. That is not considered repainting. Nobody complains about open bars/candles repainting.

This is the reason why multi-timeframe indicators are difficult to test and use. Visual backtests will be misleading as you will only be seeing the close of the higher time-frame candles.

Your lowest time-frame is H4.
There are 6 H4 bars in a D1 bar. So until up 6 bars representing D1 will continue to be updated until the D1 bar changes.

Try this: every time there is a so called 'repaint' switch to the higher time-frame it is drawing and check the indicator there. The bars on the lower time-frame will correspond to the value of the indicator on the higher time-frame for the whole candle period. That is correct.

Sorry, I cannot explain this in simpler language.
  • #86
  • Dec 2, 2011 4:00am Dec 2, 2011 4:00am
Hi Xaphod
Thanks for your explaination,you are very considerate.
  • #87
  • Dec 29, 2011 7:59pm Dec 29, 2011 7:59pm
xaphod

Alert.Settings

  1. Alert.Enable=False;
    // Enable Alerts
  2. Alert.OnBarClose=True;
    // Alert only when an open bar closes
  3. Alert.Popup=False;
    // Popup window & sound on alert
  4. Alert.Email=False;
    // Send email on alert
  5. Alert.Subject="Default";
    // Email Subject. "Default" will result in a preconfigured subject.

from the alerts settings, how do i set it that once all TF align it will alert?

Marcoxq

  • #88
  • Dec 30, 2011 3:52am Dec 30, 2011 3:52am
Set
Alert.Enable=True;
Alert.Popup=True;

Quoting marcoxq
xaphod

Alert.Settings

  1. Alert.Enable=False;
    // Enable Alerts
  2. Alert.OnBarClose=True;
    // Alert only when an open bar closes
  3. Alert.Popup=False;
    // Popup window & sound on alert
  4. Alert.Email=False;
    // Send email on alert
  5. Alert.Subject="Default";
    // Email Subject. "Default" will result in a preconfigured subject.

[font=Courier New]from the alerts settings, how do...

  • #89
  • Jan 2, 2012 9:53am Jan 2, 2012 9:53am
Xaphod,
Thankyou for this amazing indicator TMS Histo.

I'd just like to ask if the alerts occur after the higher timeframe bar has closed. For instance I have the timeframes 15,30 60 set up. It would make sense if the alerts went off after the 1Hr bar closed. So far I'm not able to verify but it seems the alert goes off before the 1 hr bar closes.
If that is the case could you please consider putting this in?

TIA
.... laughing all the way to the bank
  • #90
  • Jan 3, 2012 11:02am Jan 3, 2012 11:02am
[quote=Xaphod;5183682]This is the reason why multi-timeframe indicators are difficult to test and use. Visual backtests will be misleading as you will only be seeing the close of the higher time-frame candles./quote]

Could be a good idea make some changes inside code in TMS OSC HISTO or TMS OSC HISTO 3F in the same way that was done here #957 with some MTF_HA.
It would be interesting for backtesting purposes and make it more easy to interpret MTF indis.
. . . just an idea . . .
Humble & Kalcker CLO2 = Covid killer
  • #91
  • Jan 3, 2012 7:27pm Jan 3, 2012 7:27pm
Quoting itsallover
Xaphod,
Thankyou for this amazing indicator TMS Histo.

I'd just like to ask if the alerts occur after the higher timeframe bar has closed. For instance I have the timeframes 15,30 60 set up. It would make sense if the alerts went off after the 1Hr bar closed. So far I'm not able to verify but it seems the alert goes off before the 1 hr bar closes.
If that is the case could you please consider putting this in?

TIA
The alerts occur on the close of the bar of the lowest time-frame.
  • #92
  • Edited 8:33pm Jan 3, 2012 7:36pm | Edited 8:33pm
Quoting jusiur
Could be a good idea make some changes inside code in TMS OSC HISTO or TMS OSC HISTO 3F in the same way that was done here #957 with some MTF_HA.
It would be interesting for backtesting purposes and make it more easy to interpret MTF indis.
. . . just an idea . . .
Trading live, the value of the current bar is the same on both the repainting and non repainting.

zznbrm has provided one alternative here based on lower TF data:
http://www.forexfactory.com/showthre...69#post4622169

You would have to have your charts open and non-refreshed to have an accurate representaion of the data as it was live, which is quite impractical. Ie. to backtest 30 days, you will have to have your chart running unrefreshed for 30 days in-order to have the data displayed as it was live.
  • #93
  • May 21, 2012 4:13am May 21, 2012 4:13am
Hi Xaphod,

Thanks for all the indicators Much appreciated....I wanted to request for a little tweak if possible for TMS-Osc Histo 3TF....would it be possible if we could put in say 180mins,360mins,540mins in the parameters....i meant to say unlike the usual 60mins,240mins,1440,10080 can we put in mins/hours of our choice....that would really help in my on going analysis....

Thanks again

With kind regards

Raza
Raza
  • #94
  • May 21, 2012 7:23am May 21, 2012 7:23am
Quoting shr5
Thanks for all the indicators Much appreciated....I wanted to request for a little tweak if possible for TMS-Osc Histo 3TF....would it be possible if we could put in say 180mins,360mins,540mins in the parameters....i meant to say unlike the usual 60mins,240mins,1440,10080 can we put in mins/hours of our choice....that would really help in my on going analysis....
Not possible, or perhaps not practical. Your choices are:

 

  1. Use MT5 that allows any time-frame.
  2. Use 'Period_Converter_Opt.mq4' or 'P4L PeriodCon.mq4' to generate offline charts in MT4 and use those time-frames in TMS-Osc. You may have to keep the offline charts open for the indicator to update in real-time.

  • #95
  • May 21, 2012 9:55pm May 21, 2012 9:55pm
Quoting Xaphod
Not possible, or perhaps not practical. Your choices are:

 

  1. Use MT5 that allows any time-frame.
  2. Use 'Period_Converter_Opt.mq4' or 'P4L PeriodCon.mq4' to generate offline charts in MT4 and use those time-frames in TMS-Osc. You may have to keep the offline charts open for the indicator to update in real-time.

Thanks for the upfront reply I am having the following trouble in your suggestions:

1. MT5 i am not sure how to add a mt4 (TMS Histo) indicator to mt5 as apparently it only accepts mq5/ex5 files.
2. I am using the first indicator that you suggested but sometimes the platform gets stuck but that could be a memory issue on my side not sure none-the-less that seems to be working thanks again.

Regards
Raza
  • #96
  • May 21, 2012 10:13pm May 21, 2012 10:13pm
Quoting shr5
1. MT5 i am not sure how to add a mt4 (TMS Histo) indicator to mt5 as apparently it only accepts mq5/ex5 files.
MT4 indicators do not work in MT5. You'll have to commission the making of any indicators you want if you cannot find versions for MT4. It was suggested for it's ability to use any time-frame.

Quote
2. I am using the first indicator that you suggested but sometimes the platform gets stuck but that could be a memory issue on my side not sure none-the-less that seems to be working thanks again.
Well, try the other one then.
Reduce the nr of bars in your chart for improved performance. The less the better.
MT4's updating routines for offline charts uses up a lot of cpu power.

Menu: Tools->Options->Charts->MaxBarsInChart
Restart MT4
  • #97
  • Jun 26, 2012 3:11pm Jun 26, 2012 3:11pm
Quoting Xaphod
MT4 indicators do not work in MT5. You'll have to commission the making of any indicators you want if you cannot find versions for MT4. It was suggested for it's ability to use any time-frame.

Well, try the other one then.
Reduce the nr of bars in your chart for improved performance. The less the better.
MT4's updating routines for offline charts uses up a lot of cpu power.

Menu: Tools->Options->Charts->MaxBarsInChart
Restart MT4

Hi,

Is it possible to add an option to enable/disable market base line consideration? So that the histograms display green or red only if above or below the mbl, when enabled? I hope I explained it clearly. I can upload examples if necessary.

Thanks!
  • #98
  • Jun 26, 2012 4:35pm Jun 26, 2012 4:35pm
Quoting fxtrade13
Hi,

Is it possible to add an option to enable/disable market base line consideration? So that the histograms display green or red only if above or below the mbl, when enabled? I hope I explained it clearly. I can upload examples if necessary.

Thanks!
Have a look at this indicator that may do what you want:
xTDI-Histo v1.11.mq4
http://www.forexfactory.com/showthre...49#post4863449

The first version with a better description but uses the original TDI wich does not update timely:
http://www.forexfactory.com/showthre...25#post4107125
  • #99
  • Jul 25, 2012 2:47pm Jul 25, 2012 2:47pm
Quoting Xaphod
Have a look at this indicator that may do what you want:
xTDI-Histo v1.11.mq4
http://www.forexfactory.com/showthre...49#post4863449

The first version with a better description but uses the original TDI wich does not update timely:
http://www.forexfactory.com/showthre...25#post4107125
Hello,

Do you have this indicator " TMS-Osc Histo MTF v1.02.ex4 " in mq4 format?

If not, I want to if it is based on the TDI_RT version of TDI that updates more frequetly.

Thanks,
  • #100
  • Jul 26, 2012 8:16pm Jul 26, 2012 8:16pm
Quoting fxtrade13
Hello,

Do you have this indicator " TMS-Osc Histo MTF v1.02.ex4 " in mq4 format?

If not, I want to if it is based on the TDI_RT version of TDI that updates more frequetly.

Thanks,
Yes, all the indicators in the first post update correctly on each incoming tick.
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