Candle Pip Counter in MT4 | Forex Factory

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Candle Pip Counter in MT4

  • #1
  • First Post: Mar 28, 2014 8:35pm Mar 28, 2014 8:35pm
Friends,

I am looking for an indicator which marks the Pips count of each candles in MT4. Let say in H1 timeframe this candle should mark 50 for the current canclle, 70 for the previous candle, 30 for the 3rd candle from the current candle & so on...This indicator should mark the pips not only for the current candle also for the Previous candles. Also by changing the timeframe this indicator should recalculate. Would be great if anyone kind enough to share it and help me!! Thanks in advance!

Regards,
Fxolive.
  • #2
  • Mar 28, 2014 10:38pm Mar 28, 2014 10:38pm
Quoting fxolive
Friends, I am looking for an indicator which marks the Pips count of each candles in MT4. Let say in H1 timeframe this candle should mark 50 for the current canclle, 70 for the previous candle, 30 for the 3rd candle from the current candle & so on...This indicator should mark the pips not only for the current candle also for the Previous candles. Also by changing the timeframe this indicator should recalculate. Would be great if anyone kind enough to share it and help me!! Thanks in advance! Regards, Fxolive.

This one may go some way towards what you want
http://www.forexfactory.com/showthre...71#post7351971
Please Do Not PM Me With Coding Enquiries
  • #3
  • Mar 28, 2014 11:47pm Mar 28, 2014 11:47pm
Quoting fxolive
Friends, I am looking for an indicator which marks the Pips count of each candles in MT4. Let say in H1 timeframe this candle should mark 50 for the current canclle, 70 for the previous candle, 30 for the 3rd candle from the current candle & so on...This indicator should mark the pips not only for the current candle also for the Previous candles. Also by changing the timeframe this indicator should recalculate. Would be great if anyone kind enough to share it and help me!! Thanks in advance! Regards, Fxolive.
Don't look for an indicator, no one can ever develop a reliable indicator for this market, ..................unless that one is the one who controls the world.
The Thief of Wall Street
  • #4
  • Mar 29, 2014 12:33am Mar 29, 2014 12:33am
Awesome Thanks Gumrai for sharing it. It would be great if i could find one which marks the pip value like 75 for each candle.
Quoting Gumrai
{quote} This one may go some way towards what you want http://www.forexfactory.com/showthre...71#post7351971
  • #5
  • Mar 29, 2014 12:34am Mar 29, 2014 12:34am
Sorry to say friend.. You post is confusing and useless!!

Quoting Chicky
{quote} Don't look for an indicator, no one can ever develop a reliable indicator for this market, ..................unless that one is the one who controls the world.
  • #6
  • Mar 29, 2014 12:59am Mar 29, 2014 12:59am
Quoting fxolive
Awesome Thanks Gumrai for sharing it. It would be great if i could find one which marks the pip value like 75 for each candle. {quote}
The problem with something like that is that the chart ends up looking a mess
Still, try this
Attached File(s)
File Type: ex4 CandlePips.ex4   8 KB | 5,794 downloads
Please Do Not PM Me With Coding Enquiries
  • #7
  • Mar 29, 2014 1:00am Mar 29, 2014 1:00am
Quoting fxolive
Sorry to say friend.. You post is confusing and useless!! {quote}
I would have said the same thing you did a few years ago, but tell me how can we incorporate in our indicators what is developing in this world and how markets would react to that? Based on what? We live in a very dynamic world plus our reactions to similar situations that occured in the past could be totally different. No EA can incorporate that. Accept this now or later after few years, its up to you.
The Thief of Wall Street
  • #8
  • Mar 29, 2014 1:06am Mar 29, 2014 1:06am
You the Man! Thank you so much Gumrai.. This is what I have expected!! Impressed with you prompt replies :-)
Quoting Gumrai
{quote} The problem with something like that is that the chart ends up looking a mess Still, try this {file}
  • #9
  • Mar 29, 2014 1:08am Mar 29, 2014 1:08am
Quoting Chicky
{quote} I would have said the same thing you did a few years ago, but tell me how can we incorporate in our indicators what is developing in this world and how markets would react to that? Based on what? We live in a very dynamic world plus our reactions to similar situations that occured in the past could be totally different. No EA can incorporate that. Accept this now or later after few years, its up to you.
The OP did not request an EA, the request was for an indicator.
As well as that. it is a simple aid to tell at a glance how big a candle is in pips, it is not expected to be some sort of magic indicator that will tell you where the market is going next.
Your babbling has no relevance at all!
Please Do Not PM Me With Coding Enquiries
  • #10
  • Mar 29, 2014 1:10am Mar 29, 2014 1:10am
Quoting fxolive
You the Man! Thank you so much Gumrai.. This is what I have expected!! Impressed with you prompt replies :-) {quote}
No problem.
It only took a few minutes to modify the other one.
Please Do Not PM Me With Coding Enquiries
  • #11
  • Mar 29, 2014 1:21am Mar 29, 2014 1:21am
Chicky... I understand what you are trying to say that No EA can incorporate the market sentiments and reactions. I agree to this. But to the contrary, I have seen live account managed by EAs which are extremely profitable for years consistently. Dont think that i am a newbie to forex, I have more experience than yours. In my opinion, it doesn't matter whether you know the markets or predict the way it should move as long as you make Profit end of the day that matters and that counts to success. AND EA does that!! I have seen it and experienced it many years friend :-)

Quoting Chicky
{quote} I would have said the same thing you did a few years ago, but tell me how can we incorporate in our indicators what is developing in this world and how markets would react to that? Based on what? We live in a very dynamic world plus our reactions to similar situations that occured in the past could be totally different. No EA can incorporate that. Accept this now or later after few years, its up to you.
  • #12
  • Mar 29, 2014 6:58am Mar 29, 2014 6:58am
Quoting fxolive
Friends, I am looking for an indicator which marks the Pips count of each candles in MT4. Let say in H1 timeframe this candle should mark 50 for the current canclle, 70 for the previous candle, 30 for the 3rd candle from the current candle & so on...This indicator should mark the pips not only for the current candle also for the Previous candles. Also by changing the timeframe this indicator should recalculate. Would be great if anyone kind enough to share it and help me!! Thanks in advance! Regards, Fxolive.
enjoy
Attached File(s)
File Type: mq4 SpikeBars_v3.mq4   5 KB | 3,412 downloads
  • #13
  • Mar 30, 2014 7:54pm Mar 30, 2014 7:54pm
Hi,
I modified the indicator slightly as I figured that you may not want it calculating for every bar.
So you can input the Max_Bars now. If it is set to 0, all bars will be calculated.
I've also added Decimal_Points, if set to 0, the pips will be rounded to the nearest whole number, if 1, 1 decimal place etc
Attached File(s)
File Type: ex4 CandlePipsv1.1.ex4   9 KB | 3,522 downloads
Please Do Not PM Me With Coding Enquiries
  • #14
  • Jun 11, 2014 3:37am Jun 11, 2014 3:37am
Quoting Gumrai
{quote} The problem with something like that is that the chart ends up looking a mess Still, try this {file}
HI GUMRAI YOU ARE AWesome coder and great person .i am 100 % agree about your messy chart statement.is it possible to show pip change current candle and at least last 3 candles pip chane +- show as text like current candle pips from last /previous +20 or -20/30 etc i hope you understand .i know it is possible with cross hair and calc but as text form it will great to know .thanks in advance.
Say something meaningful or Silence!!
  • #15
  • Jun 11, 2014 3:53am Jun 11, 2014 3:53am
Quoting classy
{quote} HI GUMRAI YOU ARE AWesome coder and great person .i am 100 % agree about your messy chart statement.is it possible to show pip change current candle and at least last 3 candles pip chane +- show as text like current candle pips from last /previous +20 or -20/30 etc i hope you understand .i know it is possible with cross hair and calc but as text form it will great to know .thanks in advance.
Hi,
Sorry, at the moment I have absolutely no spare time. I will have a look when I do have some time.
Please Do Not PM Me With Coding Enquiries
  • #16
  • Jun 11, 2014 8:30pm Jun 11, 2014 8:30pm
Quoting Gumrai
{quote} Hi, Sorry, at the moment I have absolutely no spare time. I will have a look when I do have some time.
THANKS A lot for response i will wait for your .....
Say something meaningful or Silence!!
  • #17
  • Jul 21, 2014 3:11am Jul 21, 2014 3:11am
Quoting classy
{quote} THANKS A lot for response i will wait for your .....
hi gumrai how are you?
Say something meaningful or Silence!!
  • #18
  • Jul 21, 2014 6:33pm Jul 21, 2014 6:33pm
Hi,
I knew that there were a couple of things that I'd said that I would do, but not got round to yet.
I've made some modifications to the indi.
Values are now above/below alternate candles in an attempt to make the chart less cluttered.
New input "Show" to select either the candle lengths or the difference between the candle length and the previous candle length.
Different colour for negative values.
Please try it out and let me know if there are any problems
Attached File(s)
File Type: ex4 CandlePipsv1.2.ex4   11 KB | 3,174 downloads
Please Do Not PM Me With Coding Enquiries
  • #19
  • Jul 21, 2014 11:50pm Jul 21, 2014 11:50pm
indicator pips
Attached File(s)
File Type: ex4 Barmed2.ex4   6 KB | 3,217 downloads
  • #20
  • Jul 21, 2014 11:50pm Jul 21, 2014 11:50pm
Quoting Chicky
{quote} Don't look for an indicator, no one can ever develop a reliable indicator for this market, ..................unless that one is the one who controls the world.
12600 posts already.. and u make such a useless comment? )) funny...
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