Fibo lines bundle up in MT4 after weekly restart | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Fibo Fibo Fibo 14 replies

Indicator disappears after MT4 restart 3 replies

fibo alert indicator - get alerts on fibo levels 4 replies

Setting Fibo lines to plot to right side of chart 0 replies

How do differentiate between Fibo and Fibo TimeZones? 4 replies

Attachments: Fibo lines bundle up in MT4 after weekly restart
Exit Attachments

Fibo lines bundle up in MT4 after weekly restart

  • #21
  • May 6, 2013 8:47am May 6, 2013 8:47am
could very well be ..does anybody have/know hw to code this? thx for respond. tp
  • #22
  • May 6, 2013 8:58am May 6, 2013 8:58am
Quoting TraderPablo
could very well be ..does anybody have/know hw to code this? thx for respond. tp
If you want to check, got to the Object list ( Ctrl + B ) on your chart and get the properties for your Fibs, find the date where they are placed, if it is Saturday, 4th, or part of Sunday, 5th, that is not on your chart then you have your answer.
20 pips a day isn't too much to ask . . .
  • #23
  • May 6, 2013 10:27am May 6, 2013 10:27am
i will do that tyvm for ur effort. tp
  • #24
  • May 6, 2013 11:05am May 6, 2013 11:05am
Quoting RaptorUK
{quote} If you want to check, got to the Object list ( Ctrl + B ) on your chart and get the properties for your Fibs, find the date where they are placed, if it is Saturday, 4th, or part of Sunday, 5th, that is not on your chart then you have your answer.
ill check this coming weekend and c if i can tweak this flaw...which is a data provider issue imo.....mt4 probably just runs 24/7 if so desired...
  • #25
  • May 6, 2013 11:19am May 6, 2013 11:19am
Quoting TraderPablo
{quote} ill check this coming weekend and c if i can tweak this flaw...which is a data provider issue imo.....mt4 probably just runs 24/7 if so desired...
It's not a data provider issue, Forex closes on Friday night (GMT) and re-opens on Sunday night (GMT) . . . it's not 24/7 it's 24/5. It's a problem with your Indicator, it needs to be fixed.
20 pips a day isn't too much to ask . . .
  • #26
  • May 6, 2013 12:54pm May 6, 2013 12:54pm
In this case this is a software problem/flaw.....after all it is the software's indicator not mine, pulled from the toolbar. I never experienced this type of flaws on other softw. programs......they pull-down vertical fibos stay put (until moved by operator if so desired )and don't bundle up into one vertical fiasco after restart every week.. never seen that in all the different sftw. programs I've been using over the years..... until I a came across MT4. Basically I'm setting up minute charts save the charts with its proper time frame and the week after all the saved fibo-values are completely distorted....it wouldn't be so bad if the vertical lines still be somewhat separated from each other....but unfortunately that is not the case neither...there all in one ...good luck in separating that mess....and that is happening on all the minute charts depending how many are up......not a viable situation.....way to labor intensive as well...instead of trading I find myself fixing........and to beat it all, I really have no idea how to fix this mess.....since i'm foremost a trader and not a software engineer...although I have an engineering degree hold a Commercial IFR and multi-engine and Instructors pilots licence...speak 5 languages ...but forgot most of the former.....ever since this sftw. is giving me more trouble than I anticipated....(;0))....but if U have a solution which would resolve this issue please let me know, as U can c I haven't got a clue..... but do have experience in an wide assortment of charting softw. ...in other words.. I've been around the block a time or two.....btw. I used to live in GB up in the Lake-district for a while nice place great Guinness...where do U live?
  • #27
  • May 6, 2013 1:52pm May 6, 2013 1:52pm
ok maybe i need to put those fibos into the proper time frame....under Fibo properties Visualization 1 minute 5 minute 10 minutes etc. the appropriate time for the chart time frame...this way it may not bundle up anymore..... there is the possibility that if visualization is set to high it may distort...not sure but i will find out.....this coming sunday....
  • #28
  • May 6, 2013 1:58pm May 6, 2013 1:58pm
The object visualization mode for different timeframes can be changed in the "Visualization" tab. The object will then be shown only for the selected timeframes. This can be useful when the tool has different settings for different timeframes.

hope this helps.....
  • #29
  • May 6, 2013 3:35pm May 6, 2013 3:35pm
Quoting TraderPablo
In this case this is a software problem/flaw.....after all it is the software's indicator not mine, pulled from the toolbar.
Ah, you mentioned Indicator, I thought you were using an Indicator not just the standard Fib tool.

Quoting TraderPablo
Basically I'm setting up minute charts save the charts with its proper time frame and the week after all the saved fibo-values are completely distorted....it wouldn't be so bad if the vertical lines still be somewhat separated from each other....but unfortunately that is not the case neither...there all in one ...good luck in separating that mess....and that is happening on all the minute charts depending how many are up......not a viable situation.....way to labor intensive as well...instead of trading I find myself fixing........and to beat it...
When you get to the end of the week and the markets close what you see to the right of the last bar is Friday night, Saturday and Sunday ( GMT ), if you go to a H1 chart, move the chart shift as far as it will go to the left and zoom out a little you can see the dates for the weekend on your chart if you use the cross hairs tool . . . but these dates are only visible on your chart in the future, there will never be any bars on these Saturday and Sunday dates so any Objects placed on them will only retain their positions while these dates remain in the future. When these dates become the past there will be no bars there so objects that were bars apart will now be at the same place in time. If you want to place your Fibs ready for next week you need to place them far enough to the right so they are on Monday or another day when the markets will be open.


Quoting TraderPablo
btw. I used to live in GB up in the Lake-district for a while nice place great Guinness...where do U live?
I live in Birmingham, the 2nd largest city of England and pretty much centrally located. Not as nice as the Lake district though
20 pips a day isn't too much to ask . . .
  • #30
  • May 6, 2013 4:06pm May 6, 2013 4:06pm
ok, ill do that not sure if able to move vertical fibolines far enough to right in smaller time frames...but i got the idea .... i fiddle with it may use bigger time-frame then reduce if necessary. Been to Birmingham before...picked up a sports car direct from the factory...British Leyland at the time...big savings no purchase tax involved....

thanks for UR input on this...eventually this problem should be solved.....it sure will make my live on Sundays easier...

I also hung out at the Blinkers in Manchester sometimes...

http://www.manchesterbeat.com/venues...s/blinkers.php

cool place that was...

hw's ur trading going?
  • #31
  • May 6, 2013 4:36pm May 6, 2013 4:36pm
Quoting RaptorUK
{quote} Ah, you mentioned Indicator, I thought you were using an Indicator not just the standard Fib tool. {quote} When you get to the end of the week and the markets close what you see to the right of the last bar is Friday night, Saturday and Sunday ( GMT ), if you go to a H1 chart, move the chart shift as far as it will go to the left and zoom out a little you can see the dates for the weekend on your chart if you use the cross hairs tool . . . but these dates are only visible on your chart in the future, there will never be any bars on these...
the only beef i have with this is...i do not want to move all my fibs every week especially not on the longer term 1h or 4h chart, since some can stay longer than a week before leaving/disappearing from the chart screen and do not need moving at all until later stages. I prefer then to move those fibs as it necessitates due to market/time conditions.......going through all those minute charts every week sorting out bundled fibs is not a lot of fun..but maybe the object visualization mode may solve this problem. I don't mind moving the 5 and 1' chart fibos but really try to avoid the longer term charts until it becomes necessary, thus leaving those fibs in place as long as possible to save on an unnecessary workload ......but if they bundle again.....I will find out this weekend...and let U know......
  • #32
  • May 12, 2013 9:21pm May 12, 2013 9:21pm
mt4 still messes up vertical fibos after sunday restart ...bundled up instead of trading ....I have to sort out charting sftw. prblms
Attached Image (click to enlarge)
Click to Enlarge Name: 5-12-2013 9-00-45 PMbundledfibos.gif Size: 26 KB
  • #33
  • May 12, 2013 9:26pm May 12, 2013 9:26pm
this is hw it looks after correcting the bundled fibo mess....but only until next sunday.....any solutions...this happens on minute screens..having to redo 4 of them is simply prohibitive......hopefully they/someone will solve this problem or ill be looking for different sftw....since mt4 has become a charting nightmare for me....every sunday after restart (ct usa) same old....thx. tp
Attached Image (click to enlarge)
Click to Enlarge Name: 5-12-2013 9-09-26 PMsepretatedafter.gif Size: 26 KB
  • #34
  • May 13, 2013 5:54pm May 13, 2013 5:54pm
no solution to this mt4 software problem?????? hello m
  • #35
  • May 13, 2013 5:57pm May 13, 2013 5:57pm
Hello Metaquotes..... http://www.metaquotes.net/en/metatrader4
  • #36
  • May 14, 2013 4:42am May 14, 2013 4:42am
Quoting TraderPablo
no solution to this mt4 software problem?????? hello m
It's not a MT4 software problem IMO

Place your Fibs on Friday dates or Monday dates, not on Saturday or Sunday dates.
20 pips a day isn't too much to ask . . .
  • #37
  • May 14, 2013 10:21am May 14, 2013 10:21am
Quoting RaptorUK
{quote} It's not a MT4 software problem IMO Place your Fibs on Friday dates or Monday dates, not on Saturday or Sunday dates.
It is a software issue...other trading sftw. do not have this flaw..only MT4...not sure if MT5 has this software flaw as well. I will check MT5 as well.....

Now having said that...I can only imagine that if other charting softw. companies hear about this mt4 charting flaw...they will have a heyday......
  • #38
  • May 14, 2013 10:36am May 14, 2013 10:36am
Quoting TraderPablo
{quote} It is a software issue...other trading sftw. do not have this flaw..only MT4...not sure if MT5 has this software flaw as well. I will check MT5 as well..... Now having said that...I can only imagine that if other charting softw. companies hear about this mt4 charting flaw...they will have a heyday......
Funniest post in many months.
  • #39
  • May 14, 2013 11:04am May 14, 2013 11:04am
Quoting CodeMeister
{quote} Funniest post in many months.
no kidding, U should see me cursing my head off when coming into trading room on Sunday and see this mess (refer also attachments above)

http://www.forexfactory.com/attachme...7&d=1368411583
  • #40
  • May 14, 2013 11:19am May 14, 2013 11:19am
Quoting TraderPablo
{quote} no kidding, U should see me cursing my head off when coming into trading room on Sunday and see this mess (refer also attachments above) http://www.forexfactory.com/attachme...7&d=1368411583
it should look like this:

http://www.forexfactory.com/attachme...1&d=1368411727
0 traders viewing now