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Low Volume Candles

  • #161
  • Jun 18, 2015 7:29am Jun 18, 2015 7:29am
Quoting abokwaik
Coders are welcome in this project. Here is the MQL version of LVC_Detector_02 Indicator. {file}
thanks Buddie,
once i finish my mesh & star type strategy i will email to you for further development.
regards
Hukam
  • #162
  • Jun 18, 2015 10:01am Jun 18, 2015 10:01am
Quoting abokwaik
Coders are welcome in this project. Here is the MQL version of LVC_Detector_02 Indicator. {file}
I reviewed the MQL source, the indicator depends on future candles which means it repaints itself
It gives wrong results when trading live, but on the chart it looks accurate
Such kind of indicators is dangerous
  • #163
  • Jun 18, 2015 10:12am Jun 18, 2015 10:12am
Quoting maptoprofit
{quote} I reviewed the MQL source, the indicator depends on future candles which means it repaints itself It gives wrong results when trading live, but on the chart it looks accurate Such kind of indicators is dangerous
no problem, Brother ...
This is still in the process of development, if you have an idea, or a scenario ....
You can share your knowledge, Brother ...
Regard, Ding Dong
  • #164
  • Jun 18, 2015 10:20am Jun 18, 2015 10:20am
Quoting maptoprofit
{quote} I reviewed the MQL source, the indicator depends on future candles which means it repaints itself It gives wrong results when trading live, but on the chart it looks accurate Such kind of indicators is dangerous
repainting impossible..
  • #165
  • Jun 18, 2015 11:25am Jun 18, 2015 11:25am
Quoting hukam
{quote} 0.780527 , 0.778617 fresh lvc zones price must go back to these zones. either you sell now or you follow strength then buy back form these levels. but as per LVC only sell and close at fresh zones.
Hi hucam,
what do you mean? Do you have a second signal on your chart?
There is only this one on my TF 15......
Attached Image (click to enlarge)
Click to Enlarge Name: A-U.png Size: 28 KB
Have a nice day
  • #166
  • Jun 18, 2015 12:44pm Jun 18, 2015 12:44pm
Quoting maptoprofit
{quote} I reviewed the MQL source, the indicator depends on future candles which means it repaints itself It gives wrong results when trading live, but on the chart it looks accurate Such kind of indicators is dangerous
LVCs are not entry signals. They are potential zones of Support or Resistance. Not repainting. Kindly read the thread.
No guts, no glory
  • #167
  • Jun 18, 2015 1:07pm Jun 18, 2015 1:07pm
Quoting fulltime
forexample A/u from london open to now. its fast .l want to use low candles as a target in trend direction. How can l use? there is nothing on the left side as a target no fresh candle
I hear you fulltime. wait for a pull back and appearance of LVC LONG TARGET signal. If distance is ok for you (I.e.;20 pips), go long targeting the above LVC.
No guts, no glory
  • #168
  • Jun 18, 2015 2:25pm Jun 18, 2015 2:25pm
Really incredible !!

Look where today max is arrived..................on daily chart EURUSD
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_DD.jpg Size: 301 KB
  • #169
  • Jun 18, 2015 6:55pm Jun 18, 2015 6:55pm
Quoting doerpn
{quote} Hi hucam, what do you mean? Do you have a second signal on your chart? There is only this one on my TF 15...... {image}
please see on chart..
all LVC target closed
Attached Image (click to enlarge)
Click to Enlarge Name: aud lvc.png Size: 73 KB
  • #170
  • Jun 19, 2015 3:16pm Jun 19, 2015 3:16pm
Hi,
using it other way......
Attached Image
Have a nice day
  • #171
  • Jun 19, 2015 3:19pm Jun 19, 2015 3:19pm
Quoting doerpn
Hi, using it other way...... {image}
so are you going long on any red 5/2 lvc arrow or do you have some filters ? thanx in advance

good pips
Learn THEN Unlearn
  • #172
  • Jun 20, 2015 7:07am Jun 20, 2015 7:07am
Quoting abokwaik
Coders are welcome in this project. Here is the MQL version of LVC_Detector_02 Indicator. {file}
Hi abokwaik

Very thank for your great indi.

May I ask you two questions？

First,does this indi repaint or recalculate？

Second,do you have test different brokers,does theirs sigls are the same？Bcs this indi based on Volume,I think different brokers should have different Volume.

thx a lot.
  • #173
  • Jun 20, 2015 9:00am Jun 20, 2015 9:00am
Quoting blueface
{quote} First,does this indi repaint or recalculate？
No. The arrow will show only if LVC is a valid LVC.
An LVC is considered valid if its open price is not taken out for a pre-defined number of future candles.

LVCs are not entry signals. They are potential exit areas.


Quoting blueface
{quote} Second,do you have test different brokers,does theirs sigls are the same？Bcs this indi based on Volume,I think different brokers should have different Volume. thx a lot.
Yes. Not exactly the same, but very close.

Example :

EUR/USD M30 (settings 500/6/6).

FXCM

Attached Image (click to enlarge)
Click to Enlarge Name: FXCM MetaTrader 4.png Size: 80 KB


FXDD

Attached Image (click to enlarge)
Click to Enlarge Name: FXDD Malta - MetaTrader 4.png Size: 82 KB
No guts, no glory
  • #174
  • Jun 20, 2015 9:46am Jun 20, 2015 9:46am
Quoting abokwaik
{quote} No. The arrow will show only if LVC is a valid LVC. An LVC is considered valid if its open price is not taken out for a pre-defined number of future candles. LVCs are not entry signals. They are potential exit areas. {quote} Yes. Not exactly the same, but very close. Example : EUR/USD M30 (settings 500/6/6). FXCM {image} FXDD {image}
Hi abokwaik

I get it.

thx a lot.
  • #175
  • Jun 20, 2015 11:38am Jun 20, 2015 11:38am
Quoting HighFivve
{quote} so are you going long on any red 5/2 lvc arrow or do you have some filters ? thanx in advance good pips
Hi,
the only filters I use are Roundnumbers, Resist- /and Support areas and higher timeframes to check the situation....
Have a nice day
  • #176
  • Jun 20, 2015 4:47pm Jun 20, 2015 4:47pm
LVC Version 3 with Closed LVCs shown.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 56 KB
Attached File(s)
File Type: ex4 LVC_Detector_03.ex4   9 KB | 694 downloads
No guts, no glory
  • #177
  • Jun 20, 2015 5:09pm Jun 20, 2015 5:09pm
Quoting abokwaik
LVC Version 3 with Closed LVCs shown. {image} {file}
Thanks abokwaik for your generous sharing of the cool tool

found a few on the euro/usd 1H
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 114 KB
Learn THEN Unlearn
  • #178
  • Jun 20, 2015 5:17pm Jun 20, 2015 5:17pm
Quoting HighFivve
{quote} Thanks abokwaik for your generous sharing of the cool tool
You're welcome. ..Notice in the above chart all LVCs were closed except the 4 recent ones which is normal. . And one old LVC on the left side of the chart which was followed by another LVC. . which might indicate to target closer LVCs.
No guts, no glory
  • #179
  • Jun 20, 2015 11:24pm Jun 20, 2015 11:24pm
Quoting abokwaik
LVC Version 3 with Closed LVCs shown. {image} {file}
Thanks a lot, abokwaik
Have a nice day
  • #180
  • Jun 22, 2015 12:20am Jun 22, 2015 12:20am
Quoting abokwaik
LVC Version 3 with Closed LVCs shown. {image} {file}
Hi abokwaik

if you can add a alert option when a new allow formed

thx a lot.
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