tool to measure percentage change in MT4 | Forex Factory

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tool to measure percentage change in MT4

  • #1
  • First Post: Jan 16, 2014 6:58am Jan 16, 2014 6:58am
I googled a lot but i couldn't find a tool tom measure percentage change in a graph. It should work like the crosshair, but give me the diference in percentage instead o pips
  • #2
  • Jan 16, 2014 7:42am Jan 16, 2014 7:42am
Fibo
  • #3
  • Jan 16, 2014 7:53am Jan 16, 2014 7:53am
Quoting 003
Fibo
how is that? it's always 100% lol


EDIT: perhaps i wasn't clear:

i have some candels, let's say from $1.2325 to $1.3456
I want a tool which measures the diference in price in percentage
  • #4
  • Jan 16, 2014 9:18am Jan 16, 2014 9:18am
Yes, fibo, or try here.
  • #5
  • Jan 16, 2014 10:05am Jan 16, 2014 10:05am
Quoting 003
Yes, fibo, or try here.
well thanks, but as i explained.....fibo wont do the job

i actually searched a lot for it. noone seams to care for something like this. which i don't understand. you have a trend on euro and one on pound, both giving you equal signals to enter position. with a tool like this you find out very fast which to choose
  • #6
  • Jan 16, 2014 10:20am Jan 16, 2014 10:20am
This will give you what you asked for but not necessarily pretty.
Gives you a base to work from

M.
Attached File(s)
File Type: mq4 mn Pcnt Move.mq4   2 KB | 2,654 downloads
If you think I'm mad, I must be mad
  • #7
  • Jan 17, 2014 5:19am Jan 17, 2014 5:19am
Quoting futurespec
This will give you what you asked for but not necessarily pretty. Gives you a base to work from M. {file}
could you give me a clue how it works?
it just puts a number on my chart
  • #8
  • Jan 17, 2014 5:23am Jan 17, 2014 5:23am
Select the white line and move the end points to the values that you wish to calculate.

M.
If you think I'm mad, I must be mad
  • #9
  • Jan 17, 2014 9:39am Jan 17, 2014 9:39am
Quoting futurespec
Select the white line and move the end points to the values that you wish to calculate. M.
lol, my background is white, that's why i didn't see the line. changed colour now. thanks man, that's exactly what i needed
  • #10
  • Jan 17, 2014 10:16am Jan 17, 2014 10:16am
Capoeira....you can edit your fibonacci to show pretty much any percentage interval you want.

Just add levels on 5% or even 1% basis. Than you use is to measure what you want
So, you think you have rights? LOL
  • #11
  • Jan 17, 2014 10:40am Jan 17, 2014 10:40am
Quoting ForexOracle
Capoeira....you can edit your fibonacci to show pretty much any percentage interval you want. Just add levels on 5% or even 1% basis. Than you use is to measure what you want

fib measures percentage realtive to another interval. i don't get why the diference is so difficult to understand (unless i'm stupid)
  • #12
  • Jan 17, 2014 10:58am Jan 17, 2014 10:58am
Quoting capoeira
{quote} fib measures percentage realtive to another interval. i don't get why the diference is so difficult to understand (unless i'm stupid)

You already got the indicator....so just for fun...

You can use a regular online calculator and get the percentage between the numbers you want.

Fibo is used to compare the percentage between 4 numbers meaning one move against the other. In this case it makes sense because you have a referencial

I don't see why is relevant (percentage by itself without a referential)) since each PIP is 1 percentage point so 20 pips is a 20% move and so on, so just the pip amount in the crosshair is enough
.
So, you think you have rights? LOL
  • #13
  • Jan 18, 2014 4:38am Jan 18, 2014 4:38am
Quoting ForexOracle
{quote} since each PIP is 1 percentage point so 20 pips is a 20% move and so on, so just the pip amount in the crosshair is enough .

sorry, but this is very wrong
  • #14
  • Jan 18, 2014 6:15am Jan 18, 2014 6:15am
Quoting capoeira
{quote} sorry, but this is very wrong
You should not need to apologise for because somebody else has no idea what they are talking about.
Pips have no relationship to % moves, a novice just out of nappies (diapers) should know this.
Please Do Not PM Me With Coding Enquiries
  • #15
  • Jan 18, 2014 7:21am Jan 18, 2014 7:21am
Ok...this is getting funny...what is the definition of PIP? What this acronym stands for?
So, you think you have rights? LOL
  • #16
  • Jan 18, 2014 10:01am Jan 18, 2014 10:01am
http://en.wikipedia.org/wiki/Percentage_in_point

PM me with coding requests and I'll probably put you on my ignore list
  • #17
  • Jan 18, 2014 11:05am Jan 18, 2014 11:05am
lol, doesn't matter the name. a pip in most pairs is 0.0001 of the base currency
  • #18
  • Edited 11:48am Jan 18, 2014 11:35am | Edited 11:48am
Gosh...I apologise....thats what I get for commenting drunk!!

You guys are correct, I was wrong, one PIP is 1% of a penny not of a dollar.

That was BAD !!

Now that I'm sober I see Capoeira's point . Comparing different pairs a bigger pip in percent move may be perceptually smaller if compared.
So, you think you have rights? LOL
  • #19
  • Oct 21, 2022 6:51am Oct 21, 2022 6:51am
Quoting futurespec
This will give you what you asked for but not necessarily pretty. Gives you a base to work from M. {file}
hello sir...it's a great work..thanks a lot...but it work correctly only from left to right..if we draw it from right to left it gives % from left to right....can u plz check it plz.


best regards.
  • #20
  • Last Post: Oct 21, 2022 6:57am Oct 21, 2022 6:57am
Quoting futurespec
This will give you what you asked for but not necessarily pretty. Gives you a base to work from M. {file}
hello sir...is there any indicator as u have made.ur indicator shows change in % form...i want total change in price divided by number of candels.
regards.
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