Something Interesting You Can Post Here

You offer an infinite landmark for traders, full of surprises. thanks again.

That is very usefull too, thx a lot for your effort again.

HL object
If you want to fast find a High / Low spot in specified timeframe then High Low Indicator for MT4 / MetaTrader 4 is for you.
Sometimes its good to find High / Low spots on the chart based on PA (Price Action) This High Low Indicator for MT4 will show you just that. You have multiple ways to set it up… With this indicator you can select Hourly, 4 Hourly, Daily, Weekly and Monthly High / Low positions. Set Colors on it and Labels. Additional to all this you can set how you would want to draw the High / Low line.

High / Low spots are usually good to have a quick view of high / low support, resistance lines. Sometime PA will bounce from then and other times its good to play breakout out of this lines. But if you have a chance to have MTF (multiple timeframes) of High / Low lines on same chart then this should be a big advantage to you!

H1: enable or disable Hourly High/Low
ObjH1: How many bars in history to use for Hourly High/Low
H4: enable or disable 4 Hour High / Low
ObjH4: How many bars in history to use for 4 hour High / Low
D1: enable or disable Daily High / Low
ObjD1: How many bars in history to use for Daily H/L
W1: enable or disable Weekly High / Low
ObjW1: How many bars in history to use for Weekly H / L
M1: enable or disable Monthly High/Low
ObjM1: How many bars in history to use for Monthly High / Low
Colors: this is just a comment
BarsHigh: Color for High line
BarsLow: Color for Low line
LineLable:
0: No Label
1: Enable Bar’s Label with Bars Index
2: Enable Bar’s Label with Bars Index and Price
H1Position: if set to True draw line only on right side of chart for Hourly chart
H4Position: if set to True draw line only on right side of chart for 4 Hour chart
D1Position: if set to True draw line only on right side of chart for Daily chart
W1Position: if set to True draw line only on right side of chart for Weekly chart
M1Position: if set to True draw line only on right side of chart for Monthly chart

Positive and Negative Volume Indexes
Two of these indicators are known as the Positive Volume Index
(PVI) and the Negative Volume Index (NVI). Paul L. Dysart developed
both in the 1930s, but they were not well popularized until
econometrician Norman G. Fosback published Stock Market Logic
in 1976. Dysart utilized market breadth statistics to produce these
indicators but Fosback modified the indexes by employing PVI and
NVI to individual security data.
Price accumulation indicators quantify the relationship between
price and volume by accumulating price when volume changes.
When the volume increases, the price change is counted in the PVI.
PVI counts price only on the days in which the volume is higher. If
the PVI is up, then price is appreciating on rising volume. If the PVI
is down, then prices are depreciating on rising volume. Accumulating
price change on the down-volume days is known as NVI. If the NVI is
up, then price is appreciating amid declining volume. If the NVI is
down, then price is depreciating on declining volume. Here are the
equations:
When today’s volume is greater than yesterday’s volume, then PVI = Previous PVI + Sum of (Close Today – Close Yesterday) / (Close Yesterday)


When today’s volume is less than yesterday’s volume, then NVI= Previous NVI + Sum of (Close Today – Close Yesterday) / (Close Yesterday)


The logic is as follows: As institutions take long positions on individual
issues, they cannot avoid influencing the price by forcing it up as
they buy. However, these institutions can attempt to sell the stock in
the midst of an uptrend without negatively affecting the price. This is
accomplished by offering shares for sale only at the offered price, with
no discounts (for example, hitting the bid). Even so, they have no way
of hiding such operations in terms of volume. Such large operations are
identified by a rise in volume. This makes the PVI an effective indicator
for individual stock issues.
Although volume keeps large institutions from hiding their operations
in the case of individual issues, such institutions do not have
difficulty when it comes to the broad market. The broad market is big
enough for any single institution to conduct its operations without
forcing the whole market’s volume higher or lower. Thus, an
informed institution can buy into the market without significantly
affecting the broad market’s volume. In this way, NVI is a very effective
indicator for use in the broad market and in market breadth
analysis:
In a typical birthing of a new bull market, prices should rise on
increasing volume. In this state, sellers demand higher prices, as evidenced
by rising volume accompanied by sharp price increases. On
such high-volume days, various news and events are priced into the
market. Many investors, both the informed and uninformed, want to
participate. This is evidenced by a rising PVI, which is typical in the
first phase of a secular bull market. However, because volume is
heavy, NVI is not quick to recognize this developing trend.
As the bull market matures, stock prices can continue to rise even
in the case of falling volume. Here, the PVI is not much help. How-
ever, according to price accumulation theory, this is when informed
institutional investors continue to accumulate positions in anticipation
of a continued economic turnaround. During these short-trend
reversals, institutions steadily accumulate shares. These actions are
exposed by a rising NVI in the midst of a temporary pullback in a secular
bull market pullback.
A fading bull market is characterized by increases in prices with
light volume. You can also use these indicators to identify a coming
bear market. If the PVI drops while the market climbs, the stock or
stock market is being distributed on the heavy-volume days. In this
way, the PVI’s divergence might help identify the maturing trend.
Meanwhile, because NVI counts only the down-volume days, it might
continue to track the market. However, when the market falls on
heavy volume, then the NVI turns as quickly as the market drop is
sharp. As you might conclude from this example, NVI is a better tool
for detecting the market’s major trend, while PVI might be better
suited as a leading indicator.
According to Fosback’s research, conducted from 1941 through
1975, when the PVI is trending above its one-year average, there is a
79 percent probability that the market is bullish. When the NVI
trends above its one-year moving average, 96 percent of the market
being bullish. Similarly, if the NVI trends below its one-year average,
it is bullish 47 percent of the time. However, if the PVI trends below
its one-year average, the market is bullish only 33 percent of the time.
From this we can infer that PVI is good at identifying bear markets
and that NVI is excellent at identifying a bull market trend.

stochastic of averages

Here is a version with the averages added (the 36 types) to the averaging methods (both version attached : the regular and the "on-chart" version)

finding V1.5 but all code is same

candle pattern finder+ alert

Can you show how to make money with any of these?
That's what is important.

Thanks!

Oh, come on TooSlow... this is Platform Tech the guy's being more than generous already

I think the thread owner is about to be reported...

LuXing

Can you?

here is sourcecode file... but in this the line label is not coming like what pic you have uploaded...

4H time frame or greater
Slope values are the strength of the current currency move,
We had strength values at .4 -.4 and .8 and -.8, from these numbers we make decisions about our trades.
If price goes above the 0.4 you have a very good chance that it will break the upper level of resistance for a breakout trade. Look for price to go up in a nice move.
If you see price go below the -0.4 look for it to break resistance for a breakout trade.
If you see prive go above 0.8 then you have a very strong move that could break several R lines.
If you see price go below -0.8 price action will probably break several S lines.
If you see price go between 0.4 / -0.4. Then it is showing that price is ranging and you can look to close your buy/sell trades.
Conclusion
When price hits its peak and start coming back down, that is not a signal to reverse direction. that is a signal that the rate of increase is decreasing not changing direction.
that is a signal that the rate of increase is decreasing not changing direction.

eur/jpy is a fucntion of eur/usd

so

my charts are showing that eur/jpy will go north for small movement

also i attach here my diet films for the spending some time , please watch them , diet is like forex..... ha ha ha enjoy



but eur/usd is still stagnant not moving , it is still in the middle

so i will keep holding up my buy orders



{ information deleted by staff, per membership policy }

Currency Strength in Excel

An advance excel file created to measure total currency strength of 8 major currencies by calculating and comparing 28 currency pairs in various measurement. To run this excel we need to enable DDE server on MT4. Then open this excel file and if ask want to enable update, click yes. It is very useful to quick view overall currency market strength and sentiment.

Here are a few screenshot example :

Pivots

 

1. Standard Floor Pivots
2. Camarilla Pivots
3. Demark Pivots
4. Fibo Pivots(relative and absolute in pips)
5. Avg Range Levels

and plus many other combinations of them.

If anyone is having issues running the excel currency strength, just make sure you are running excel as an administrator. Also, excel 2016 crashes on some of the graphs, 2003 & 2007 seem to work fine

i am glad to give this .... in this pivot and high low and atr based previous day ohlc and camarilla for current day.. available day/weekly/monthly..
if any errors means please correct it .. i am using this