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Auto MTF Standard Deviation Channel

  • #21
  • Jan 20, 2012 12:01pm Jan 20, 2012 12:01pm
Quoting olsen-yersen
Can you add slope angel information (like +10 degree or -20 degree etc..) to the channel?
super idea

would be great if any coder could do this...
  • #22
  • Jan 20, 2012 2:56pm Jan 20, 2012 2:56pm
Quoting zackery
super idea

would be great if any coder could do this...
...... but the angle changes significantly, as you zoom in/out of the chart.
  • #23
  • Jan 20, 2012 3:44pm Jan 20, 2012 3:44pm
Hanover ,

Thanks for your help.Is it possible with sliding channels?
Attached File(s)
File Type: mq4 SlidingChannels.mq4   10 KB | 1,334 downloads
  • #24
  • Jan 20, 2012 3:50pm Jan 20, 2012 3:50pm
Quoting olsen-yersen
Can you add slope angel information (like +10 degree or -20 degree etc..) to the channel?
I thought of this before, hanover is right...

The only thing I can think of is using a squared+b squared=c squared

where a = the amount of bars back
b = the amount of pips from high to low within bars back
and
c= slope value
  • #25
  • Jan 20, 2012 4:14pm Jan 20, 2012 4:14pm
Quoting olsen-yersen
Hanover ,

Thanks for your help.Is it possible with sliding channels?
Hi,

I just downloaded the indy. I'm sorry, I don't understand what it is measuring or how.

Anyway, measuring an angle in degrees is meaningless unless the y-axis and x-axis are scaled 1:1, which means that they need to be measuring the same quantity, e.g. price v price, or time v time, but not price v time.

The slope of a line is the change in the y-value divided by the change in the x-value. In other words, we could define it as pips per day, or pips per hour, etc, but not degrees.

@Kas1, I saw your request a few days ago. I didn't reply because I couldn't find a MTF regression indy in my archive here. The only one I've ever used is i-Regr, but alas, I don't know of a MTF version. Sorry for hijacking your thread, I'll disappear now.

David
  • #26
  • Jan 20, 2012 5:07pm Jan 20, 2012 5:07pm
Quoting hanover
Hi,

I just downloaded the indy. I'm sorry, I don't understand what it is measuring or how.

Anyway, measuring an angle in degrees is meaningless unless the y-axis and x-axis are scaled 1:1, which means that they need to be measuring the same quantity, e.g. price v price, or time v time, but not price v time.

The slope of a line is the change in the y-value divided by the change in the x-value. In other words, we could define it as pips per day, or pips per hour, etc, but not degrees.

@Kas1, I saw your request a few days ago. I didn't...
No worries.

I am looking to change the code so that this indicator draws the Standard Deviation Channel from a higher time-frame on a lower one without changing.

I illustrated this in post #12

Right now if you set it on the Daily and go to the 1hr chart, you can see that it's not drawing from the same standard deviation as on the daily. I would like to have the same standard deviation across all lower time frames.

Quoting One day!
In order to do what you want, it will be necessary to calculate the values for the master timeframe and then use these to draw trendlines mimicking the standard deviation channel - the built in channel won't be suitable as it will calculate the standard deviations based on the size of the data set...
Would be great if you can help, thanks anyway.
Attached File(s)
File Type: mq4 mn Std Dev.mq4   2 KB | 1,297 downloads
  • #27
  • Last Post: Jun 10, 2014 9:39am Jun 10, 2014 9:39am
I found from another blog...may be this is you need...

Attached File(s)
File Type: mq4 sf_trend_lines.mq4   11 KB | 1,608 downloads
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