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Looking for 50% of candle indicator

  • #1
  • First Post: Oct 25, 2015 11:19am Oct 25, 2015 11:19am
Does anyone seen indicator that plot a line or some kind of sign on the candle with 50% of length?
I mean something like on the pic below.

Attached Image (click to enlarge)
Click to Enlarge Name: Bez tytułu4.png Size: 19 KB


The line should be visible from the Open to Close of the candle.
Also this could be something like autamatic fibo 50% level on every candle.
  • #2
  • Oct 25, 2015 5:50pm Oct 25, 2015 5:50pm
Most broker apps have something like a mean line, or use SMA with period of 1. That is the bar/candle mean of high and low. I wouldn't trade without it.
  • #3
  • Oct 25, 2015 6:41pm Oct 25, 2015 6:41pm
Posted FWIW: Attached indicator plots wingdings symbol at each candle's midpoint (half way between high and low). Don't think that there's a wingdings symbol that is a horiz line though.
Attached Image (click to enlarge)
Click to Enlarge Name: PPI 061.png Size: 35 KB
Attached File(s)
File Type: ex4 Candle midpoints.ex4   27 KB | 4,370 downloads
  • #4
  • Oct 25, 2015 7:40pm Oct 25, 2015 7:40pm
Coded to the latest MT4 builds.
Attached File(s)
File Type: ex4 Candle 50%.ex4   33 KB | 5,043 downloads
Trade what you see not what you hope
  • #5
  • Oct 25, 2015 9:32pm Oct 25, 2015 9:32pm
Quoting hanover
Posted FWIW: Attached indicator plots wingdings symbol at each candle's midpoint (half way between high and low). Don't think that there's a wingdings symbol that is a horiz line though. {image} {file}
I find it very useful to connect those midpoints to better see the trend. This is equivalent to SMA line of 1.
  • #6
  • Oct 26, 2015 1:52am Oct 26, 2015 1:52am
Thanks guys for Your help.

@cja - it's awsome indi, that's what i wanted. Many thanks
  • #7
  • Oct 29, 2015 7:43am Oct 29, 2015 7:43am
Quoting cja
Coded to the latest MT4 builds. {file}
Hi cja;
Could you add your code in the M-Candle indicator to display the 50% of a candle in a shorter timeframe?

Example: H1 on M5 chart

Thanks in advance
Attached Image
  • #8
  • Oct 30, 2015 11:02pm Oct 30, 2015 11:02pm
Quoting chaveznqoos
{quote} Hi cja; Could you add your code in the M-Candle indicator to display the 50% of a candle in a shorter timeframe? Example: H1 on M5 chart Thanks in advance {image}
I have modified the Candle 50% to an MTF version.
Attached File(s)
File Type: ex4 Candle 50% MTF.ex4   36 KB | 4,590 downloads
Trade what you see not what you hope
  • #9
  • Edited 3:34pm Jul 13, 2016 3:14pm | Edited 3:34pm
Quoting cja
{quote} I have modified the Candle 50% to an MTF version. {file}
Dear cja,

i hope you can do me a favour and modify your great Indicator. Would it be possible to have more than one line at the same time. If i just load the Indicator two times or more the lines from before disapear. I would be very happy if i could see the 50% from the monthly, weekly and daily at the same time in different colors in the lower Tf´s.
Thank you in advance
(.)(.) think first ...
  • #10
  • Jul 17, 2016 4:09pm Jul 17, 2016 4:09pm
Quoting maximumguita
{quote} Dear cja, i hope you can do me a favour and modify your great Indicator. Would it be possible to have more than one line at the same time. If i just load the Indicator two times or more the lines from before disapear. I would be very happy if i could see the 50% from the monthly, weekly and daily at the same time in different colors in the lower Tfs. Thank you in advance
Attached File(s)
File Type: ex4 Candle 50% MTF nmc.ex4   45 KB | 3,109 downloads

Attached Image (click to enlarge)
Click to Enlarge Name: candle50.png Size: 85 KB
Trade what you see not what you hope
  • #11
  • Jul 24, 2016 4:39pm Jul 24, 2016 4:39pm
Great Indicator! Would you be able to code it as programmable to any time zone? example: 4 gmt to 4 gmt, 23 gmt to 23 gmt, etc. thank you1
  • #12
  • Nov 12, 2016 9:57pm Nov 12, 2016 9:57pm
Hi CJA

Is that possible to add magic number & make 50% MTF line changeable to close line or 0-100%.

Thanks


Quoting cja
{quote} I have modified the Candle 50% to an MTF version. {file}
Kibria
  • #13
  • Nov 13, 2016 1:28am Nov 13, 2016 1:28am
Quoting gkb46
Hi CJA Is that possible to add magic number & make 50% MTF line changeable to close line or 0-100%. Thanks {quote}
The indicator already has an automatic magic number which was requested #Post 9.
The close line I understand but the 0-100% I presume means you want to be able to change the 50% level to any percentage????
Trade what you see not what you hope
  • #14
  • Nov 13, 2016 8:09am Nov 13, 2016 8:09am
Attn : CJA

Yes, I want to be able to change the 50% level to any percentage. Also I understand here 0% = open line & 100% will be close line, or I might be wrong.

Thanks for your time.

*** your open levels nmc is a great tool for me.


Quoting cja
{quote} The indicator already has an automatic magic number which was requested #Post 9. The close line I understand but the 0-100% I presume means you want to be able to change the 50% level to any percentage????
Kibria
  • #15
  • Jan 2, 2017 3:38am Jan 2, 2017 3:38am
always it not happend
  • #16
  • Jan 2, 2017 3:53am Jan 2, 2017 3:53am
Quoting acelfx
always it not happend
what has not happened?
Trade what you see not what you hope
  • #17
  • Apr 16, 2017 9:58pm Apr 16, 2017 9:58pm
Attached
Attached File(s)
File Type: ex4 Dot on Candle Mean.ex4   2 KB | 2,410 downloads
Find The Pain Points On Your Chart & Trade Off Those Levels
  • #18
  • Aug 5, 2017 4:18pm Aug 5, 2017 4:18pm
Quoting cja
Coded to the latest MT4 builds. {file}
Hi Cja, this indicator is awesome. I need your help for this indicator to trigger an alert if D1 price is closed below the mid-point.

Thank you.

Regards
Dazrul
  • #19
  • Aug 5, 2017 9:39pm Aug 5, 2017 9:39pm
Quoting dazrul
{quote} Hi Cja, this indicator is awesome. I need your help for this indicator to trigger an alert if D1 price is closed below the mid-point. Thank you. Regards Dazrul
What if the price closes above the D1 mid point? I may be wrong but you appear to be asking for only half of an Alert?
Trade what you see not what you hope
  • #20
  • Aug 6, 2017 9:30am Aug 6, 2017 9:30am
Quoting cja
{quote} What if the price closes above the D1 mid point? I may be wrong but you appear to be asking for only half of an Alert?
I would normally trade on D1 for long position, so if there are alerts (for the price closes above the mid point) it would take a lot of memory upon launching the MT4.
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