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  • #41
  • Aug 17, 2016 9:37pm Aug 17, 2016 9:37pm
Hello!!!
I can confirm that the 'Cases Found' component now matches the number shown on the graph. Thankyou for that. Much more accuracy.

There is still however the other issue that remains from #post 27.
Attached Image (click to enlarge)
Click to Enlarge Name: Bug 1.png Size: 23 KB
Attached Image

As you can see the chart reads the bar after the pattern as an "U". The settings have been attached to show nothing was altered. I admire your commitment to this by making an account at pepperstone. They have demo accounts so that can make it more convenient. Given we have the same data, I think you should be able to find this one too.

Regards. Many thanks.
HMSR
HMSR
  • #42
  • Aug 18, 2016 12:04am Aug 18, 2016 12:04am
I fixed that yesterday, but I managed to upload the older file.

Anyways, I hope it will be functioning as it should.
Attached File(s)
File Type: ex4 ProblemSolving_Hmsr_160804_ind.ex4   22 KB | 331 downloads
  • #43
  • Aug 18, 2016 12:34am Aug 18, 2016 12:34am
Quoting Gorraf
I fixed that yesterday, but I managed to upload the older file. Anyways, I hope it will be functioning as it should. {file}

Fair enough, there have been many revisions. haha
Well it was successful. Feelsgoodman.

The indicator is officially done (hopefully no more bugs). Good for statistical analysis to test certain candle patterns and find where they occur.
Thankyou so much Gorraf and all the best in the future.
Regards
-HMSR
HMSR
  • #44
  • Aug 18, 2016 1:46pm Aug 18, 2016 1:46pm
Quoting Gorraf
I fixed that yesterday, but I managed to upload the older file. Anyways, I hope it will be functioning as it should. {file}
Gorraf

Thank you for coding such an useful indicator.

I use 3 candles indicator (3 black while inside outside candle identifier) on 1 m chart to do scalping and most of the times
it really helps on short-term time-frames.

Now I will put your indicator also to find a useful pattern. Which means if the pattern is "ddd" and if it says 52% upward movement then fourth candle is supposed to go up by 52% of the preceding candle size if pattern repeats.

Your indicator gives the count of occurrences but does not say about the lookback period to make any comparison.

Speed Candles idea

Now if you find this idea of speed candles interesting, please code it whenever you have time.

The intention is to know the pattern of the bars' speed and timings particularly for GBPJPY pair. In Asian sessions, I trade by intuition (chart-watching) and make
20-30 pips in 5- 10 minutes of trading if by chance I am able to detect the pattern. It happens at least 2 times in Asian session.

The new indicator will create a log of times such sudden movements happen, particularly in 1 minute chart, their frequency and help in identifying if there is a regular pattern to it ?

User inputs (a) lookback period in number of bars (b) threshold size of the pips and (c) time in minutes ( seconds preferred but might not be possible) or bars ago and the indicator (c) highlights the past bars by printing vertical time-lines as well as (d) print a log/table in text in a selected corner of the chart.

The table should show 1. candle size, 2. low-high or high-low and 3. how many seconds or minutes it took and 4. at what hour and minute.

The indicator will help the timing of riding the momentum of retracement/pullbacks/reversals or bounce back in a short time and doing trade for a limited
profit goal on a daily basis.

GBPJPY is the only pair which has excellent volatility in Asian session, so making 20-60 pips during the session is not difficult for any trader who is not impulsive.

I am a disciplined trader and it has taken years to rein in emotions and become a profitable trader. My strategy is explained in the attached pictures.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Speed bars pattern idea explained.png Size: 67 KB
Click to Enlarge Name: Speed bars pattern idea bars ago function.png Size: 97 KB
Practice makes a person perfect
  • #45
  • Aug 18, 2016 1:49pm Aug 18, 2016 1:49pm
Quoting Hmsr
{quote} Fair enough, there have been many revisions. haha Well it was successful. Feelsgoodman. The indicator is officially done (hopefully no more bugs). Good for statistical analysis to test certain candle patterns and find where they occur. Thankyou so much Gorraf and all the best in the future. Regards -HMSR
Hi Hmsr,

Thank you for your idea culminating in a nice pattern finder.

I have also put my idea for speed candles. If this interests you please do contribute your expertise.

I have been doing this mechanically but needs to watch charts constantly and the indicator will save time by finding a timing pattern.
Practice makes a person perfect
  • #46
  • Aug 18, 2016 2:59pm Aug 18, 2016 2:59pm
I'm glad the indicator is functioning as it should, and I'm happy, that you guys find it useful.

I will dig myself into the speed candle idea on the next week, since I will be on a wakeboarding trip, so please be a bit patient about receiving answers.

Have a fun weekend.
  • #47
  • Aug 19, 2016 3:11am Aug 19, 2016 3:11am
Quoting simnz
{quote} Hi Hmsr, Thank you for your idea culminating in a nice pattern finder. I have also put my idea for speed candles. If this interests you please do contribute your expertise. I have been doing this mechanically but needs to watch charts constantly and the indicator will save time by finding a timing pattern.
haha I am no expert, I am not even 6 months into trading. I simply don't like feelinglike im in the dark before trades and I feel this indicator will give me a strong knowledge base over the long term.
I will be happy to help test and brainstorm regarding your idea when Gorraf finds it useful, for now though, I would ask that you rewrite your request, I don't quite understand. Example please define 'speed'.
I think identifying a link from time to history is a good aim.

Thanks HMSR.
HMSR
  • #48
  • Aug 20, 2016 5:54am Aug 20, 2016 5:54am
Hello Gorraf, How are you going.

So I have another update request if you are able. So the main indicator on this thread works fine. But perhaps another input variable can be added called 'allowable errors in pattern' or similar. This would mean that given the inputted pattern, if there are 1 'allowable errors in pattern', than any one of those letters U or D that appear on the graph can be overlooked and the indicator continues reading on as if the pattern has been found

Eg Input 'UUUUUUU'
'allowable errors in pattern' 2
on the graph "UDUUDUU" comes up, there are two errors compaired to the inputted pattern, but the indicator will count it as if it were the original pattern.

Another input variable, maximum pips of allowable errors in pattern, input max pips.



Premise, history repeats itself, but not entirely accurately, there are lots of instances where a pattern was similar to history in the past. So this will help us research better. I understand coding this could be complicated, but I hope that you are able to do this.

Regards.
HMSR
  • #49
  • Aug 21, 2016 3:43pm Aug 21, 2016 3:43pm
Quoting rimazuc
I have not tested this updates but i think you could try the following changes below. I have added a new variable to allow you pass in the minute value below and added the logic to check if the minute is equivalent to the value in the variable. Normally, "int" does not allow dots, only integers, changing the definition of the hour variable to "double" should allow you pass in values like 14.30 but this may not work as well. A string variable should allow values like 14:30 to be passed in also may not work well with the code. Update the sections...
Hi rimazuc,

Do you know if it's possible to display the 2.30 opening on a 1 hour chart?
  • #50
  • Aug 21, 2016 5:48pm Aug 21, 2016 5:48pm
Quoting markpotter21
I have come across this indicator to highlight a defined time bar. ...

Hello Mark

Would you be willing to create this indicator as described in this post ... I asked anyone of contributors(programmers/coders) to create this indicator but
no-one was willing to do so...

http://www.forexfactory.com/showthre...98#post9082398

entire indicator is described in article including formula to calculate volume which I extracted here:

Math behind indicator is in formula in article:

QBV150 = Vt > avg(volume, 50) + 1.5*(avg(volume, 50))


QBV50 = Vt > avg(volume, 50) + .5*(avg(volume, 50))


Where:

Vt is today’s volume, avg(volume, 50) = 50-day average volume
------------------------------------ ------------------------------------ ---------

*On such selected bar to draw lines at high and low of such bur and connect them as shown on picture.



thank you for time and any effort to help.
Attached File(s)
File Type: pdf Bushak_0305.pdf   1.9 MB | 530 downloads
  • #51
  • Aug 22, 2016 1:38am Aug 22, 2016 1:38am
Hi Ruma, I'd love to be able to do this for you, unfortunately I can't program myself. The script I posted in this thread was something created by someone else and Rimazuc kindly modified for me.
  • #52
  • Aug 22, 2016 3:20am Aug 22, 2016 3:20am
Quoting markpotter21
{quote} Hi rimazuc, Do you know if it's possible to display the 2.30 opening on a 1 hour chart?
It is not.
Actually, I can't even imagine, what you might have thought of.
- Do you want a marker between two bars? (That is not possible, but id it even would be, I.)
- Do you want to place a marker at the 1h bar? (This is what the indicator actually did, wasn't it?)
  • #53
  • Aug 22, 2016 3:38am Aug 22, 2016 3:38am
Hi Gorraf,

This is what I was thinking. Below is the 14:00 (UK) 1hr bar, showing the normal open and close. What I would like is the indicator to display where the price is at 14:30 (U.S Stock Market Open). The indicator that Rimazuc has modified works perfectly on all timeframes 30min and under but I prefer to trade using 1hr chart if possible.
Attached Image
  • #54
  • Aug 22, 2016 3:45am Aug 22, 2016 3:45am
Quoting markpotter21
Hi Gorraf, This is what I was thinking. Below is the 14:00 (UK) 1hr bar, showing the normal open and close. What I would like is the indicator to display where the price is at 14:30 (U.S Stock Market Open). The indicator that Rimazuc has modified works perfectly on all timeframes 30min and under but I prefer to trade using 1hr chart if possible. {image}
My GF fucked me up over the phone, so my last post got a little bogus, sorry about that.

Yeah, marking the open price, just as that is quite possible, I will put it into my to do list.
  • #55
  • Aug 22, 2016 5:15am Aug 22, 2016 5:15am
Quoting Hmsr
Hello Gorraf, How are you going. So I have another update request if you are able. So the main indicator on this thread works fine. But perhaps another input variable can be added called 'allowable errors in pattern' or similar. This would mean that given the inputted pattern, if there are 1 'allowable errors in pattern', than any one of those letters U or D that appear on the graph can be overlooked and the indicator continues reading on as if the pattern has been found Eg Input 'UUUUUUU' 'allowable errors in pattern' 2 on the graph "UDUUDUU" comes...

I have added the two new inputs to the indicator.

(If you set the "Maximum pips of allowable errors in pattern", the indicator will first check the bar, whether it can be marked as an up, then checks for the criteria of the down, and lastly it will check for the Neutral parameters. The bar, which, without the set value, can't be marked will be marked with the direction, the indicator finds first.)
Attached File(s)
File Type: ex4 ProblemSolving_Hmsr_160804_ind.ex4   26 KB | 324 downloads
  • #56
  • Aug 22, 2016 5:33am Aug 22, 2016 5:33am
Hello Gorraf, could you please add an input to turn alerts off? The alerts showing pattern has occurred keeps spamming into the screen
ty
-HMSR
HMSR
  • #57
  • Aug 22, 2016 6:09am Aug 22, 2016 6:09am
Quoting Hmsr
Hello Gorraf, could you please add an input to turn alerts off? The alerts showing pattern has occurred keeps spamming into the screen ty -HMSR
This should do the trick.
Attached File(s)
File Type: ex4 ProblemSolving_Hmsr_160804_ind.ex4   27 KB | 290 downloads
  • #58
  • Aug 22, 2016 8:21am Aug 22, 2016 8:21am
Hello Gorraf. I hope you are well.

Another kind of bug has arisen as you can see in the screenshot, 3300%
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 10 KB
HMSR
  • #59
  • Aug 22, 2016 10:12am Aug 22, 2016 10:12am
Quoting markpotter21
Hi Gorraf, This is what I was thinking. Below is the 14:00 (UK) 1hr bar, showing the normal open and close. What I would like is the indicator to display where the price is at 14:30 (U.S Stock Market Open). The indicator that Rimazuc has modified works perfectly on all timeframes 30min and under but I prefer to trade using 1hr chart if possible. {image}
I have edited the code.

you can find both the code and the indicator below.

Gorraf
Attached File(s)
File Type: ex4 ProblemSolving_rimazuc_220816_ind.mq4.ex4   9 KB | 327 downloads
File Type: mq4 ProblemSolving_rimazuc_220816_ind.mq4.mq4   2 KB | 381 downloads
  • #60
  • Aug 23, 2016 6:40am Aug 23, 2016 6:40am
Thanks Gorraf but it doesn't seem to have done the trick. The opening/price at 14:30 doesn't show up on the hourly chart. Don't worry about this though, I've decided that I don't mind using a 30 minute chart now. What I would really like though and if it is possible is for the defined bar to display as a different colour instead of having off having an object displayed on it.

Thanks again, Mark
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