indicator that shows length of the previous candle's body | Page 2 | Forex Factory

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indicator that shows length of the previous candle's body

  • #21
  • Aug 24, 2012 7:12am Aug 24, 2012 7:12am
Quoting hanover
Vito,

I've just fixed what I believe was a bug in the indicator that I posted earlier today. I have attached the latest version (.ex4 and .mq4) to post #18, overwriting the previous files.

Sorry for any inconvenience. I did a rush job and didn't test it properly. (I don't use the indicator myself).

David
Hello Hanover,

I fully understand and I'm very greatfull for what you have done for me here and for your time. Maybe I'll be able to fix it myself with some reasearch.

Kind Regards,

Vito


Oh, and there is nothing to be sorry about. I'm greatfull for your time invested.
  • #22
  • Aug 24, 2012 3:31pm Aug 24, 2012 3:31pm
Quoting kaunasny
Hello Hanover,

I fully understand and I'm very greatfull for what you have done for me here and for your time. Maybe I'll be able to fix it myself with some reasearch.

Kind Regards,

Vito


Oh, and there is nothing to be sorry about. I'm greatfull for your time invested.
Vito,

I'm not sure what needs fixing now. However, I will leave it to you, as you wish.

David
  • #23
  • Aug 25, 2012 12:18am Aug 25, 2012 12:18am
Quoting hanover
Vito,

I'm not sure what needs fixing now. However, I will leave it to you, as you wish.

David
Hi David,

When I set AlertCandle to negative amount ( ex -7 ) to calculate for average.
I set AlertPips to 2.5 amount to multiply that average.
The indicator gives me alert on 2.5 amount reached,
what it should do is give alert at average, times 2.5 amount reached.
If average would be example 10 pips. Alert should go off at 25 pips. But it goes off at 2.5.

Kind Regards,

Vito
  • #24
  • Jan 4, 2013 7:51am Jan 4, 2013 7:51am
Hi, I'm from Italy and I'm new member. I have found the Candle length very helpful, and I want to know if it's possible to create an EA based on this indicator, that trades on opposite signals. For example if the candle go low 20 pips, the EA will buy; and if the candle go high 20 pips, the EA will sell.

 Values example

Magic Number: 1
Lots: 1
Candle Body Only: true (true or false)
Alert Pips High: 20.0
Alert Pips Low: 20.0
Alert Candle: 0
Take Profit: 2 (in pips)
Stop Loss: 0 (in pips)
Chart Alert: false (true or false)
Trade on Friday: true (true or false)
  • #25
  • Jan 4, 2013 9:48am Jan 4, 2013 9:48am
Quoting djatomic
Hi, I'm from Italy and I'm new member. I have found the Candle length very helpful, and I want to know if it's possible to create an EA based on this indicator, that trades on opposite signals. For example if the candle go low 20 pips, the EA will buy; and if the candle go high 20 pips, the EA will sell.

 Values example

Magic Number: 1
Lots: 1
Candle Body Only: true (true or false)
Alert Pips High: 20.0
Alert Pips Low: 20.0
Alert Candle: 0
Take Profit: 2 (in pips)
Stop Loss: 0 (in pips)
Chart Alert: false...
It is certainly possible, but I'm no longer able to develop free EAs for traders. You could try posting in one of the "I code your EAs for free" threads. Good luck, and welcome to the forum.
  • #26
  • Edited 12:44pm Jun 28, 2015 10:48am | Edited 12:44pm
Good evening, this is for me the first forum posts as they are writing a new and more in trading I started about 2 months.
By studying a bit 'charts was looking for an indicator that I signaled the length of the body of the candle and I untapped in this useful topic.
I installed the first version of the indicator Candle length.mq4 created by Hanover and I think it already is something, however, what would serve me
that is to trigger an alert when, for example, the body of the candle is about the size of 150pips. The candle, however, must be
active in training and not closed or earlier.
This strategy I'm using the grid. Being that the different currencies have different proportions of pips, I'd like the number for the alert was
customizable.
Thank you all for the help.



2. I realized also that the indicator calculates the shadows while I serve only the body
installing the new version of the 2 point I solved. thanks.
  • #27
  • Jun 29, 2015 6:49am Jun 29, 2015 6:49am
Good evening, this morning I tested the second version of the indicator, and I must say that is just for me. But what I do not understand is this. Taking as reference the grid squares, as ever hours ago 1 square of a search, for example, included currency 10pips and maybe now it includes 15?! There is a system to display the same proportion in the square? Thanks for your help.
  • #28
  • Aug 28, 2015 1:21am Aug 28, 2015 1:21am
Hanover,
Awesome indicator but I cannot get any of the ones with alerts on them to work on build 840.

I have attached a screenshot

This one was your latest update from a couple of posts back

Great work by the way mate, greatly appreciated

Crootster
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 94 KB
  • #29
  • Edited 3:03am Aug 28, 2015 2:45am | Edited 3:03am
Quoting crootster
Hanover, Awesome indicator but I cannot get any of the ones with alerts on them to work on build 840. I have attached a screenshot This one was your latest update from a couple of posts back Great work by the way mate, greatly appreciated Crootster {image}
Install and use only the .ex4 file attached to post #18. Delete the .mq4 file off your computer.

Alternatively, find a programmer who knows how to rewrite the indicator so that it compiles in build 840 (which is effectively MQL5).
________________
[EDIT]
I just noticed the comments in posts #19-#23. It's possible that the indicator never worked correctly. In which case the best I can suggest is that you request a new indicator in one of the "I code for free" threads, or if you're willing to pay, try something like MQL5 or elance. I'm not conversant with MQL5.
  • #30
  • Aug 28, 2015 2:55am Aug 28, 2015 2:55am
Legendary thanks for that great tool and great work mate
  • #31
  • Aug 28, 2015 5:23am Aug 28, 2015 5:23am
Hello hanover

In code base there is indicator Overlay Chart. It creates candles. Can you code it to create bars?
  • #32
  • Aug 30, 2015 4:48am Aug 30, 2015 4:48am
Quoting ruma29
Hello hanover In code base there is indicator Overlay Chart. It creates candles. Can you code it to create bars?
I'm sorry if this seems selfish, but I'm no longer undertaking new programming requests, unless the end result is useful to me personally.
  • #33
  • Aug 31, 2015 8:26pm Aug 31, 2015 8:26pm
Quoting crootster
Hanover, Awesome indicator but I cannot get any of the ones with alerts on them to work on build 840. I have attached a screenshot This one was your latest update from a couple of posts back Great work by the way mate, greatly appreciated Crootster {image}

Crootster-

The problem is with the include files and some of the functions.
I have substituted my own functions and it seems to work although have not tested much
Attached File(s)
File Type: mq4 Candle length_mod.mq4   5 KB | 1,304 downloads
  • #34
  • Dec 27, 2016 2:43am Dec 27, 2016 2:43am
Please have a look here:
http://www.forexfactory.com/showthread.php?t=626174
  • #35
  • Dec 27, 2016 2:43am Dec 27, 2016 2:43am
Please have a look here:
http://www.forexfactory.com/showthread.php?t=626174
  • #36
  • Last Post: Jan 14, 2019 11:22am Jan 14, 2019 11:22am
Hi,

Iam looking for a MT4 indicator which generates Buy/Sell Signals (In Arrow) based on these criteria

If 1st previous candle of any periods
(High - Close) > (Close - Low) = sellers

or

If 1st previous candle of any periods
(High - Close) < (Close - Low) = buyers

Calculate last 14 candles/bars buyers and sellers...If 2:1 of buyers:sellers (Generate Buy Signal) or If 1:2 of buyers and sellers (Generate Sell Signal)

Thanks and Regards

If 1st previous candle of any periods
(High - Close) > (Close - Low) = sellers
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