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Stoch Value Display Indicator?

  • #1
  • First Post: Feb 26, 2013 3:41pm Feb 26, 2013 3:41pm
Has anyone got a ind to display the stoch values of the previous closed candle and the value for the current candle ?

thanks
  • #2
  • Feb 26, 2013 5:49pm Feb 26, 2013 5:49pm
Quoting stan3188
Has anyone got a ind to display the stoch values of the previous closed candle and the value for the current candle ?

thanks
I assume that you're aware of the facilities displayed in the screenshot?
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-02-27_1214.png Size: 67 KB
  • #3
  • Feb 26, 2013 6:28pm Feb 26, 2013 6:28pm
Dear hanover,
I am just registered - looking for you
I had hard time to adopt the charts view for my needs and found over here your amazing indicator OHLC (in this thread: http://www.forexfactory.com/showthread.php?t=11905 )
It is just perfect, Thank you!
Unfortunately, it is changing the the bar's width to define by you (5) once I a changing the time frame...
May I ask your suggestion how to make it keeping the same width of bars when I am changing TF permanently?

Thank you in advance,

esky,
Canada
  • #4
  • Feb 26, 2013 8:28pm Feb 26, 2013 8:28pm
Quoting hanover
Hi,

Try the attached...

David
David, thank you so much!
I always amazed to meet real professionalism - my respect Sir!

Thank you again!
  • #5
  • Feb 27, 2013 12:10am Feb 27, 2013 12:10am
Quoting esky
Dear hanover,
I am just registered - looking for you
I had hard time to adopt the charts view for my needs and found over here your amazing indicator OHLC (in this thread: http://www.forexfactory.com/showthread.php?t=11905 )
It is just perfect, Thank you!
Unfortunately, it is changing the the bar's width to define by you (5) once I a changing the time frame...
May I ask your suggestion how to make it keeping the same width of bars when I am changing TF permanently?

Thank you in advance,

esky,
Canada
Hi Esky,

I got your PM. Try the attached.

Use the indy settings to change the colors and the candle width, as shown in the screenshot.

David
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-02-27_1903.png Size: 43 KB
Attached File(s)
File Type: mq4 OHLC.mq4   3 KB | 420 downloads
  • #6
  • Feb 27, 2013 12:27am Feb 27, 2013 12:27am
Quoting stan3188
Has anyone got a ind to display the stoch values of the previous closed candle and the value for the current candle ?

thanks
Stan,

Attached is an indy that displays these in the top left corner of the Stochastic's sub-window.

David
Attached File(s)
File Type: mq4 Stochastic plus.mq4   2 KB | 447 downloads
  • #7
  • Feb 27, 2013 1:13pm Feb 27, 2013 1:13pm
David

Thank you for the indicator, it's brilliant.

cheers Stan
  • #8
  • Mar 29, 2013 3:18pm Mar 29, 2013 3:18pm
I'm no programmer so don't understand the limitations of coding, but would be interested to know why MTF stochs don't show the current status of the higher timeframe.

When I put a 15 min stoch on a 5 min chart the Stoch shows to the last higher timeframe period e.g. 15, 30, 45 and 00.

Why doesn't it show to the current time ? I guess it's something to do with the fact that the position is constantly changing.

But this is what is happening to the 5min stoch on the 5 min chart, but this is shown to the time.

Should the higher time frame stoch not be coded to show the %K and %D values as they currently appear if you were watching it on the 15 min chart ?

I'm sure there is a good explanation as to why there is a limitation for these indicators, can someone enlighten me ?
  • #9
  • Mar 29, 2013 4:08pm Mar 29, 2013 4:08pm
Quoting stan3188
I'm no programmer so don't understand the limitations of coding, but would be interested to know why MTF stochs don't show the current status of the higher timeframe.

When I put a 15 min stoch on a 5 min chart the Stoch shows to the last higher timeframe period e.g. 15, 30, 45 and 00.

Why doesn't it show to the current time ? I guess it's something to do with the fact that the position is constantly changing.

But this is what is happening to the 5min stoch on the 5 min chart, but this is shown to the time.

Should the higher time frame stoch...
Stan, while it's true that MT4 does impose some limitations, the most likely reason is that it depends on how the indicator has been coded. If the programmer has not coded the indy to plot the stochs correctly on certain timeframes, then — to put it bluntly — it ain't gonna work.

Experience and proficiency are obviously going to differ from one programmer to another, and of course it helps if the programmer also has experience at forex trading, and can therefore anticipate all of the situations in which other traders might attempt to use the indicator. Also, and if I may use myself as an example, I tend to share indys that I've coded specifically for my own use, and (because I'm not being paid) I generally don't go to the time and trouble to incorporate the potential wish lists of others.

David
  • #10
  • Last Post: Mar 30, 2013 3:45pm Mar 30, 2013 3:45pm
Thanks David.
It's good to know that there isn't a technical limitation to the indicator.

I'm sure other traders have identified this limitation with these MTF Stoch inds, so there must be at least one that's been coded to get round it.

A refresh at the end of every minute would surely resolve the problem.

Will search through some of mine ind to see how frequently they're refreshed currently.
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