Sharing the best indicator, and asking for a small enhancement | Forex Factory

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Sharing the best indicator, and asking for a small enhancement

  • #1
  • First Post: Edited Jan 13, 2013 10:25am Jan 12, 2013 5:44pm | Edited Jan 13, 2013 10:25am
I found this indicator in this thread: http://www.forexfactory.com/showthread.php?t=277528 . Credit goes to Mr.Bandung. I've been trading for +5 years, and I personally think that trading this way, with a good indicator like this one is the best way to trade and gives you the best chance at succeeding in the markets. For those who are still looking for a way to trade profitably, take this indicator, study the thread I provided, and do as much research as you can about market profile theory, read the book Mind over Markets by James Dalton and other similar books. You might begin to see the light.

My request: I would like to ask a kind soul to take this market profile indicator (superb job as it is by Bandung) and add the ability to set a date in the past to start looking back. Currently you can only start looking back from current date a pre-set number of days backward. I would like to be able to, say, set it to last Friday, and look back six days from Friday. The feature to set the number of periods to look back already exists. We just need to add ability to determine the starting date to begin looking back from. I hope I'm not being complicated in my explanation.

Much much appreciated in advance.

Thank you!
Attached File(s)
File Type: mq4 ay-MarketProfileDWM.v1.31.rev1.mq4   36 KB | 829 downloads
  • #2
  • Jan 12, 2013 7:25pm Jan 12, 2013 7:25pm
Quoting SMTrader
I found this indicator in this thread: http://www.forexfactory.com/showthread.php?t=277528 . Credit goes to Mr.Bandung. I've been trading for +5 years, and I personally think that trading this way, with a good indicator like this one is the best way to trade and gives you the best chance at succeeding in the markets. For those who are still looking for a way to trade profitably, take this indicator, study the thread I provided, and do as much research as you can about market profile theory, read the book Mind over Markets by James Dalton...
SMTrader-
Not sure if this is what you wanted but I'm taking the simple approach first by just adding another input which controls where the loop starts.

extern int LookBackStart = 5; //added.
extern int LookBack = 20;
Attached File(s)
File Type: mq4 ay-MarketProfileDWM.v1.31.rev1.mq4   36 KB | 899 downloads
  • #3
  • Jan 13, 2013 2:14am Jan 13, 2013 2:14am
Quoting cyber1
SMTrader-
Not sure if this is what you wanted but I'm taking the simple approach first by just adding another input which controls where the loop starts.

extern int LookBackStart = 5; //added.
extern int LookBack = 20;
Hello Cyber,

Thank you so much for your help! You're very kind and PROMPT! I really appreciate it my friend. Your method works perfectly, better than using set date, because this way all timeframes work the same way. But there is one minor issue: I cannot set the "LookBackStart" number to more than 20. Anything beyond 20 will show nothing. I'm not sure if that's an inherent limitation within the MQ4 coding language?

If there's nothing that can be done about it, then it's ok. You've been kind enough as it is.

Thanks again, Cyber God bless!
  • #4
  • Jan 13, 2013 4:49am Jan 13, 2013 4:49am
Quoting SMTrader
Hello Cyber,

Thank you so much for your help! You're very kind and PROMPT! I really appreciate it my friend. Your method works perfectly, better than using set date, because this way all timeframes work the same way. But there is one minor issue: I cannot set the "LookBackStart" number to more than 20. Anything beyond 20 will show nothing. I'm not sure if that's an inherent limitation within the MQ4 coding language?

If there's nothing that can be done about it, then it's ok. You've been kind enough as it is.

Thanks again, Cyber ...
SMTrader-

There must always be a positive difference between LookBack and LookBackStart. It works like a sliding scale. If you set LookBackStart to 20 then LookBack needs to be 21 or greater.
  • #5
  • Last Post: Jan 13, 2013 11:43am Jan 13, 2013 11:43am
Quoting cyber1
SMTrader-

There must always be a positive difference between LookBack and LookBackStart. It works like a sliding scale. If you set LookBackStart to 20 then LookBack needs to be 21 or greater.
Hello Cyber,

Thank you for your response. You were right! I works when Lookback is set greater than LookBackStart. But it still will not go above LookBackStart past 40. There seems to really be a limit on historical data that can be used?
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