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Recent Strength indicator

  • #681
  • Feb 21, 2016 1:48am Feb 21, 2016 1:48am
Quoting triumph
Please i need "function header (np).mqh " for CURRENCY METER-GARIA . I am coding an EA and want to use "currency meter-gaiara " as a major filter . i will send you a copy of my work when i am done.
Many thanks for your kind offer, but there's no need to send me the finished work. I'm no longer looking for new trading systems.

mqh files for pre-build 509 compiler are attached, or you can try pips4life's versions (updated for subsequent builds) here.
Attached File(s)
File Type: mqh hanover --- extensible functions (np).mqh   122 KB | 747 downloads
File Type: mqh hanover --- function header (np).mqh   14 KB | 764 downloads
  • #682
  • Feb 21, 2016 4:46pm Feb 21, 2016 4:46pm
Thanks so much for your timely reply.
i have tried for both the link you gave me but
i keep getting this error when i compile.
kindly help
thanks for doing what you are doing
Attached Image (click to enlarge)
Click to Enlarge Name: error.jpg Size: 131 KB
  • #683
  • Feb 22, 2016 2:30pm Feb 22, 2016 2:30pm
Quoting hanover
{quote} I'm no longer looking for new trading systems.
David, why did you stop looking for new trading systems? What is the major reason behind that?
Maadik Hugiis. IQ 69.
  • #684
  • Feb 27, 2016 8:29am Feb 27, 2016 8:29am
Quoting hanover
{quote} Many thanks for your kind offer, but there's no need to send me the finished work. I'm no longer looking for new trading systems. mqh files for pre-build 509 compiler are attached, or you can try pips4life's versions (updated for subsequent builds) here. {file} {file}

hi Hanover,sorry to bother you. i can't send message to you by FF(forexfactory) system.

please help me, which indicator is like DDI in FF. attached image

thanks a lot.

PS: DDI (Standard deviation index 方向标准离差指数)
Attached Image (click to enlarge)
Click to Enlarge Name: DDI-2.jpg Size: 234 KB
Attached Image
  • #685
  • Feb 28, 2016 9:59am Feb 28, 2016 9:59am
Im in need for the recent strenght indicator but i need to add more currency pairs. Sadly the ex4 is encrypted - what can i do?
  • #686
  • Mar 1, 2016 5:39pm Mar 1, 2016 5:39pm
Sorry about the delay in replying, we have moved house and I've been without internet for a week or two.

Quoting nc5225
i can't send message to you by FF(forexfactory) system. please help me, which indicator is like DDI in FF.
Do you have the calculation that underlies DDI? I haven't seen this indicator before.

I disabled private messages because I get too many programming requests.

Quoting MoneyZilla
why did you stop looking for new trading systems? What is the major reason behind that?
These days I prefer 'concepts' to 'systems'.

Quoting triumph
i have tried for both the link you gave me but i keep getting this error when i compile. kindly help
I am very sorry, but I'm no longer coding or troubleshooting indicators, unless the indicator or EA is useful to me personally. You could try posting in one of the "I code your indicators for free" threads, and perhaps somebody else can help you. Or if you're willing to pay for the work, you could try MQL or elance.

Quoting knoxxxalot
Im in need for the recent strenght indicator but i need to add more currency pairs. Sadly the ex4 is encrypted - what can i do?
I'm sorry, but the indicator is restricted to the 8 major currencies (and hence the 28 resulting pairs) only. There are plenty of other strength indys available, see the green text in post #1.
  • #687
  • Mar 1, 2016 5:50pm Mar 1, 2016 5:50pm
Quote
Do you have the calculation that underlies DDI? I haven't seen this indicator before. I disabled PMs because I get too many programming requests.

If I am not mistaken, the DDI is in fact the same indicator as DMI (Daily Movement Indicator). If so, then:

The standard interval is 14 periods. The returned value of DM can be positive (+DM), negative (-DM) or zero. -DM is calculated by dividing EMADOWN by EMATR. +DM is equal to EMAUP divided by EMATR. Once those values generate returns, they help form the directional index, or DX, that is calculated as: Absolute Value ((+DI - -DI) / (+DI + -DI)). Once the DX value is found, ADX is calculated as: EMADXn-1 / ((2 / (n+1)) x (DXn - EMADXn-1)).

Rgds
RM
  • #688
  • Mar 1, 2016 5:59pm Mar 1, 2016 5:59pm
Quoting retireme
If I am not mistaken, the DDI is in fact the same indicator as DMI (Daily Movement Indicator)........
Thanks. Initially I likewise thought it might be related to Wilder's DMI/ADX (due to the name 'DDI'), but DMI/ADX normally uses only one parameter while the DDI posted by nc5225 uses four. Also, he says something about its being a standard deviation index.
  • #689
  • Mar 1, 2016 6:15pm Mar 1, 2016 6:15pm
Quoting hanover
{quote} Thanks. Initially I likewise thought it might be related to Wilder's DMI/ADX (due to the name 'DDI'), but DMI/ADX normally uses only one parameter while the DDI posted by nc5225 uses four. Also, he says something about its being a standard deviation index.
Hanover, as far as I am aware, it IS based on J. Welles Wilder Jr. formula but we shall see how if the poster replies to you.

Rgds
RM
  • #690
  • Mar 1, 2016 8:29pm Mar 1, 2016 8:29pm
Quoting hanover
{quote} Thanks. Initially I likewise thought it might be related to Wilder's DMI/ADX (due to the name 'DDI'), but DMI/ADX normally uses only one parameter while the DDI posted by nc5225 uses four. Also, he says something about its being a standard deviation index.
hanover，thanks for your reply.
RM, thanks more
I am from China, now it's 10 a.m.
maybe DDI is not Standard deviation index, i just translated it by internet
i am used to analysis DAY K-LINE(or H10,H3) strong or weak with MACD and DDI for middle trend, so i would like to use it in MT4 as a indicator. thanks all your help.
sorry for my poor English. hope all you can understand what i said

attached file is DDI introduction about method of calculation,function some in english.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: SPX500.png Size: 229 KB
Click to Enlarge Name: DDI--.jpg Size: 28 KB
Attached File(s)
File Type: doc DDI.doc   79 KB | 2,455 downloads
  • #691
  • Mar 1, 2016 8:46pm Mar 1, 2016 8:46pm
Quoting retireme
{quote} If I am not mistaken, the DDI is in fact the same indicator as DMI (Daily Movement Indicator). If so, then: The standard interval is 14 periods. The returned value of DM can be positive (+DM), negative (-DM) or zero. -DM is calculated by dividing EMADOWN by EMATR. +DM is equal to EMAUP divided by EMATR. Once those values generate returns, they help form the directional index, or DX, that is calculated as: Absolute Value ((+DI - -DI) / (+DI + -DI)). Once the DX value is found, ADX is calculated as: EMADXn-1 / ((2 / (n+1)) x (DXn - EMADXn-1))....
Retireme, thanks your reply
but DDI is not DMI (Directional Movement Index DMI is Welles Wilder)
as below the image, the chart is not different
Attached Image (click to enlarge)
Click to Enlarge Name: DMI.png Size: 256 KB
  • #692
  • Mar 2, 2016 12:49am Mar 2, 2016 12:49am
Quoting nc5225
i said attached file is DDI introduction about method of calculation,function some in english
I can not understand ddi.doc, most of it is in Chinese. The best I can do is try to interpret the formula in the green box in your post #690. I'm not familiar with this programming language, hence this is my best guess only.

TR appears to be the true range, but this is not referenced subsequently, hence I believe it's redundant.

For each candle:

1. If the (current candle high plus the current candle low) >= (previous candle high plus the previous candle low), then:
DMZ = the greater of (1) the difference between the current candle's high and the previous candle's high, and (2) the difference between the current candle's low and the previous candle's low; and DMF = 0

2. If the (current candle high plus the current candle low) <= (previous candle high plus the previous candle low), then:
DMF = the greater of (1) the difference between the current candle's high and the previous candle's high, and (2) the difference between the current candle's low and the previous candle's low; and DMZ = 0

3. DIZ is the sum of all of the DMZ values over the last N candles, divided by the (sum of all of the DMZ values over the last N candles, plus the sum of all of the DMF values over the last N candles)

4. DIF is the sum of all of the DMF values over the last N candles, divided by the (sum of all of the DMZ values over the last N candles, plus the sum of all of the DMF values over the last N candles)

5. DDI = the histogram (colorstick?) values being plotted is equal to DIZ minus DIF for that particular candle

Finally:

ADDI = a SMA of DDI values is plotted using settings N1 and M

AD = a M1 period MA is plotted of the ADDI values


Note: N, N1, M and M1 appear to be the 4 parameter settings entered by the user.

So back to your original question: is there a similar indicator in MT4? I'm not aware of one. Does anybody else know the answer?
  • #693
  • Mar 2, 2016 2:02am Mar 2, 2016 2:02am
Quoting hanover
{quote} I can not understand ddi.doc, most of it is in Chinese. The best I can do is try to interpret the formula in the green box in your post #690. I'm not familiar with this programming language, hence this is my best guess only. TR appears to be the true range, but this is not referenced subsequently, hence I believe it's redundant. For each candle: 1. If the (current candle high plus the current candle low) >= (previous candle high plus the previous candle low), then: DMZ = the greater of (1) the difference between the current candle's high...

hanover, thanks again.
you have understood it almost. and i will explain it in detail in English. wait for a moment i will reply you.
Attached Image (click to enlarge)
Click to Enlarge Name: DDI-2.jpg Size: 74 KB
Attached Image
  • #694
  • Mar 2, 2016 4:40am Mar 2, 2016 4:40am
Quoting hanover
{quote} I can not understand ddi.doc, most of it is in Chinese. The best I can do is try to interpret the formula in the green box in your post #690. I'm not familiar with this programming language, hence this is my best guess only. TR appears to be the true range, but this is not referenced subsequently, hence I believe it's redundant. For each candle: 1. If the (current candle high plus the current candle low) >= (previous candle high plus the previous candle low), then: DMZ = the greater of (1) the difference between the current candle's high...

hanover, RM
i have posted a new thread for DDI
http://www.forexfactory.com/showthre...17#post8787917
  • #695
  • Mar 2, 2016 5:00pm Mar 2, 2016 5:00pm
I’m not sure if this is the right place to ask. If it isn’t please direct me to the right place to ask

Im new to programming in MQL4 and the metatrader program and I’m confused about backtesting and the Time functions.I ran the program in the metatrader tester and the journal messages I get are very confusing. Also I wrote a simple program to try and test my understanding by of the backtester. The program is designed to just tell me the time of when events happen so I can verify my understanding of what the Metatrader backtester journal messages mean.

Inside the OnTick function I put this :

void OnTick()
{
//---

for (int i=Bars-2;i>0;i--) {
Print(Time[i]);
Print(TimeDay(Time[i]));
}
}
//+------------------------------------------------------------------+

I ran a simple backtest in the M5. Regarding the journal, the first column of the journal Time makes sense, that just records the time that parts of the backtesting was processed. Everything there is as I expected.

The message column, however, is very confusing. The first portion of the message column is a date followed by what appears to be a time. That all seems well and good except that there are some gaps in the time but I suppose those are just gaps in the data.

That’s not confusing to me. What I thought the program that I wrote was going to do was simply print the date and the time of those events. I thought that every other line would have a number for a date that would exactly correspond to the first portion of the message column and I thought that every other line would have a time that corresponded to the time that’s the very second portion of the message column. Unfortunately that does not seem to be the case at all. In particular the only times it’s giving me are times usually goes up on 5 minute increments. Sometimes it skips around even more, always on an even multiple of 5. Even worse the dates it gives me don’t ascend in order. They sometimes jump around from day to day. If the backtester isn’t just going through time from the most distant past to the most recent past. What is it doing? Since I selected every tick as the way to model the output why is it giving me exactly one time per 5 minute period?

The range I am searching is simply all of yesterday and today and this is data that I downloaded automatically from the history center, not data I collected myself.

The last thing that I noticed the days that the messages section is telling me this data is from is between February 24th and today. The date ranges make no sense to me but that’s the limit in how “off” it is.

Thank you for your help! I’m just really confused
  • #696
  • Mar 4, 2016 1:49am Mar 4, 2016 1:49am
Quoting hanover
{quote} I can not understand ddi.doc, most of it is in Chinese. The best I can do is try to interpret the formula in the green box in your post #690. I'm not familiar with this programming language, hence this is my best guess only. TR appears to be the true range, but this is not referenced subsequently, hence I believe it's redundant. For each candle: 1. If the (current candle high plus the current candle low) >= (previous candle high plus the previous candle low), then: DMZ = the greater of (1) the difference between the current candle's high...

Hanover, could you help me to make it into a MT4 indicator?
thank you very much

more detail as below, hope you can understand well

two MQL4 language function: MathAbs, MathMax
setup parameter: N=13； N1=30； M=10； M1=5
I will explain it in period DAY
yesterday high price = YH
yesterday low price = YL
today high price =H
today low price =L
判断方法 analysis method
1、TR=（最高价-昨日最高价）的绝对值与（最低价-昨日最低价）的绝对值两者之间较大者。
TR=the bigger one's value, between mathabs(H-YH) and mathabs(L-YL)
TR=Mathmax(mathabs(H-YH) ,mathabs(L-YL))
if H=100,YH=90,L=80, YL=75
mathabs(H-YH)=10
mathabs(L-YL)=5
TR=10 (the bigger one's value)

2、如果（最高价+最低价）<=（昨日最高价+昨日最低价），DMZ=0，
if (H+L) <=(YH+YL), DMZ=0
如果（最高价+最低价）>（昨日最高价+昨日最低价），DMZ=（最高价-昨日最高价）的绝对值与（最低价-昨日最低价）的绝对值中较大值。
if (H+L) > (YH+YL), DMZ=TR

3、如果（最高价+最低价）>=（昨日最高价+昨日最低价），DMF=0，
if (H+L) >=(YH+YL),DMF=0
如果（最高价+最低价）>（昨日最高价+昨日最低价），DMF=（最高价-昨日最高价）的绝对值与（最低价-昨日最低价）的绝对值中较大值。
if(H+L) >(YH+YL),DMF=TR

4、DIZ=N个周期DMZ的和/（N个周期DMZ的和+N个周期DMF的和）
N=13
DIZ=(DMZ1+DMZ2+DMZ3,,,DMZ13)/((DMZ1+DMZ2+DMZ3,,,DMZ13)+(DMF1+DMF2+DMF3,,,DMF13))

5、DIF=N个周期DMF的和/（N个周期DMF的和+N个周期DMZ的和）
N=13
DIF=(DMF1+DMF2+DMF3,,,DMF13)/((DMZ1+DMZ2+DMZ3,,,DMZ13)+(DMF1+DMF2+DMF3,,,DMF13))

6、DDI=DIZ-DIF

7、ADDI=DDI 在N1个周期内权重为M的加权平均
setup parameter: N=13； N1=30； M=10； M1=5
ADDI= take the maximum value of top 10 from 30 DDI value
ADDI=(DDITOP1+DDI@TOP2+DDI@TPO3,,,DDI@TOP10)/10 (M)

8、AD=ADDI 在M1个周期内的简单移动平均
AD=(ADDI1+ADDI2+ADDI3,,,ADDI5)/5 (M1)
  • #697
  • Mar 4, 2016 12:54pm Mar 4, 2016 12:54pm
Quoting nc5225
could you help me to make it into a MT4 indicator?
Can you show me how the indicator might be useful? What type of price behavior does it highlight? How could I use it profitably?
  • #698
  • Mar 4, 2016 2:07pm Mar 4, 2016 2:07pm
Quoting hanover
{quote} Can you show me how the indicator might be useful? What type of price behavior does it highlight? How could I use it profitably?
Hi there hanover, I have a strength meter indicador based on lots of regular MT4 indicators. It uses no buffer. Just plot a % strength. I am trying to make it as an oscillator to see the % in the past. So I created a buffer to start storing this % value and plot the histogram. Of course it starts plotting just forward data. My question is if it´s possible to force the indicator to plot past bars also. If yes, could you give me a hint ?
  • #699
  • Mar 4, 2016 4:34pm Mar 4, 2016 4:34pm
Quoting guilherme
My question is if its possible to force the indicator to plot past bars also. If yes, could you give me a hint ?
Assuming I understand you correctly............

Below is a simple indy that plots ADX. To change it from a line to a histogram, change
SetIndexStyle(0, DRAW_LINE,0,1,Gray);
to
SetIndexStyle(0, DRAW_HISTOGRAM,0,1,Gray);

To have it plot strength instead of ADX, change the line
ExtBuffer1[i] = iADX(NULL, 0, ADXPeriod, PRICE_CLOSE, MODE_MAIN, i);
to
ExtBuffer1 = your calculation for strength of histogram bar #i

The indy was compiled using MQL4 build 509. I don't know if it will compile correctly in build 600 onward.
Inserted Code
//+------------------------------------------------------------------+
//|                                                     ADX only.mq4 |
//+------------------------------------------------------------------+
#property indicator_separate_window
#property indicator_buffers 1
#property indicator_color1 Gray
extern int ADXPeriod = 13;
double ExtBuffer1[];
//+------------------------------------------------------------------+
int init()   {
//+------------------------------------------------------------------+
  SetIndexBuffer(0, ExtBuffer1);
  SetIndexStyle(0, DRAW_LINE,0,1,Gray);
  IndicatorShortName("ADX (" + ADXPeriod + ")");
  return(0);
}
//+------------------------------------------------------------------+
int start()  {
//+------------------------------------------------------------------+
  int i, limit;
  int counted_bars = IndicatorCounted();
  if (counted_bars < 0)
    return(-1);
  if (counted_bars > 0)
    counted_bars--;
  limit = Bars - counted_bars;
  for (i=0; i<limit; i++)  {
    ExtBuffer1[i] = iADX(NULL, 0, ADXPeriod, PRICE_CLOSE, MODE_MAIN, i);
  }
  return(0);
}
//+------------------------------------------------------------------+
  • #700
  • Mar 4, 2016 4:46pm Mar 4, 2016 4:46pm
Quoting hanover
{quote}
Tks for your fast reply. I tried this using iCutsom (calling the buffer I created in this other indicator). It would be impossible to write in one line the calculation as it uses hundreds of code lines. Let me attach an image. I think it will be easier for me to explain. I made it start ploting the values as histogram only after it is attached, because it gives me the same value all candles in the past. So it would look like a horizontal line.
Attached Image (click to enlarge)
Click to Enlarge Name: [EURUSD,M5].jpg Size: 152 KB
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