MT4 MTF Correlation table and Correlation oscillator indicators | Page 7 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

TMA CG MTF Oscillator 0 replies

Mtf accelerator oscillator 12 replies

Awesome Oscillator MTF Tape 3 replies

MTF-OnChart-Stochastic Oscillator 0 replies

Need Alert for MTF Awesome Oscillator AO 10 replies

Attachments: MT4 MTF Correlation table and Correlation oscillator indicators
Exit Attachments

MT4 MTF Correlation table and Correlation oscillator indicators

  • #121
  • Dec 12, 2016 8:00am Dec 12, 2016 8:00am
Thank you for the offer. I just wanted to make sure that it doesn't stop working in the future.
  • #122
  • Edited 8:47am Dec 12, 2016 8:02am | Edited 8:47am
Quoting Ramadas
{quote} Yes, but I was referring to Dan's mod, which puts in the table pairs against pairs, and not only current pair.
O.K. I get what you need. Building a table like that really isn't what I have in mind for this indicator. The goal for me is to be able to assess instantaneous correlation values across multiple time frames. Don's rarther impressive table only looks at one timeframe - still is a very useful tool though.

If Don's source code is available I'm happy to look at it. Theoretically it should be an easy feature to add.

9047.
  • #123
  • Dec 16, 2016 2:18am Dec 16, 2016 2:18am
Correlation Oscillator Preview

Moving Correlation release should be ready for over the weekend...

Attached Image (click to enlarge)
Click to Enlarge Name: ninety47_CorrelationOscillator_v1.0_preview.png Size: 57 KB


This version will:

  1. Support up to 32 symbols at once (why you would plot more than 8 - 10 I'm not sure).
  2. Has both Pearson and Spearman product moment functions.
  3. A range of predefined colour palettes
  4. Bug fix in the weighted closing price.

Release pathway:

  1. Version 1.1:

    1. Will support detrending via:

      1. 1st order difference
      2. Logarithmic transformations
      3. Reporting diagnostic statistics such as de-trended time series mean and variance


    2. Bug fixes if there are any.


  2. Version 1.2:

    1. Adaptive de-trending e.g. if mean and variance of transformed series aren't sufficiently close to zero a n-th order difference can be taken.
    2. Bug fixes if there are any


  3. Version 1.3:

    1. Period setting for each Symbol passed to the indicator.


  • #124
  • Dec 16, 2016 2:22am Dec 16, 2016 2:22am
New release v1.2.5

Change log:

  1. Bug fix in the calculation of the weighted price. Was dividing by 3.0 (instead of 4.0).

Build notes:

  1. Tested on MT4 Build 101 (18 August 2016) (under Windows 10, running under Virtual Box).
  2. Compiled using version 5.00 build 1384 (18 August 2016) of Meta Editor.


Known issues (same as Release 1.2.4):

  1. Data loading is still a problem. At present any errors will simply display "#ERR#".
  2. It will also display "#ERR#" in the event of a division by zero (or a value significantly close to zero)

Attached Image (click to enlarge)
Click to Enlarge Name: ninety47_CorrelationTable_v1.2.5_screenshot.png Size: 59 KB
Attached File(s)
File Type: ex4 ninety47_CorrelationTable_v1.2.5.ex4   47 KB | 3,307 downloads
  • #125
  • Dec 19, 2016 10:34pm Dec 19, 2016 10:34pm
Bit behind on getting the relaese of the oscillator done. Just need to clean up the code and sort out some things that will be issues ... skiing and Xmas getting in the way

If I can spare sometime I'll also have a look at making the crazy big table Ramadas is keen on.

Merry Xmas.

Quoting Ramadas
...
Quoting 9047
Correlation Oscillator Preview Moving Correlation release should be ready for over the weekend... {image} This version will: Support up to 32 symbols at once (why you would plot more than 8 - 10 I'm not sure). Has both Pearson and Spearman product moment functions. A range of predefined colour palettes Bug fix in the weighted closing price. Release pathway: Version 1.1: Will support detrending via: 1st order difference Logarithmic transformations Reporting diagnostic statistics such as de-trended time series mean and variance Bug fixes if there...
  • #126
  • Dec 20, 2016 11:05am Dec 20, 2016 11:05am
Hello,

I'm a newbie around here so first of all i would like to thank you for what you do for trading community.
Then, please i would like to ask you how do we put a indicator on the left of a chart in Metatrader4 instead of the classical way below the graphic.

Really appreciate your thread by the way ^^

Best Regards,

JT
  • #127
  • Edited Dec 21, 2016 8:45am Dec 20, 2016 11:18pm | Edited Dec 21, 2016 8:45am
Quoting Jt85
Hello, I'm a newbie around here so first of all i would like to thank you for what you do for trading community. Then, please i would like to ask you how do we put a indicator on the left of a chart in Metatrader4 instead of the classical way below the graphic. Really appreciate your thread by the way ^^ Best Regards, JT
Hi JT

Glad you appreciate the indies.

Working through the lack of flexibility in layout now. At present the table can only be situated on the right hand side (my personal preference). To solve the problem of where it (and other chart objects are rendered on the screen) I'm developing a layout engine for them Controls etc. It is fairly simple but has flavour to the cascading style sheet (a Box model) used in for webpages.

Watch this space it may take another week or 2 (Xmas holidays etc).

9047.
  • #128
  • Edited 1:48am Jan 6, 2017 1:37am | Edited 1:48am
Correlation Oscillator v1.0 beta

After a long wait we have new version the Correlation Oscillator. I have take reasonable measures to ensure this code is functioning but some testing by the community would be appreciated - hence the beta release.

Attached Image (click to enlarge)
Click to Enlarge Name: ninety47_CorrelationOscillator_v1.0_beta_annotated.png Size: 44 KB


As mentioned in the previous post it has the following features:

  1. Supports up to 32 symbols at once (why you would plot more than 8 I'm not sure ... gets very messy!).
  2. Has both Pearson and Spearman product moment functions.
  3. A range of predefined colour palettes
  4. Support correlation of all the price types defined in ENUM_APPLIED_PRICE.
  5. Supports multiple indicators on the one chart

I haven't tested it with templates yet! I'm pretty sure that will likely cause pain.

Build notes:

  1. Tested on MT4 Build 1031 (17 December 2016) (under Windows 10, running under Virtual Box).
  2. Compiled using version 5.00 build 1498 (12 December 2016) of Meta Editor (under Windows 10, running under Virtual Box).

Known issues:

  1. Data loading. Currently indicator will attempt to calculate the correlation for all the data in the chart but if the data isn't load for the symbols being correlated against then will not display the data correlation this point. (See image below for more details)
  2. Hopefully you will find more for me.

Attached Image (click to enlarge)
Click to Enlarge Name: ninety47_CorrelationOscillator_v1.0_beta_dataissue.png Size: 144 KB


Feedback would be great.

Next steps:

  1. get this off beta
  2. implement the transforms for de-trending
  3. port the MTF table to the new code base (providing layout options and speeding up calculations).
  4. create a new version of the monolithic table.


Attached File(s)
File Type: ex4 ninety47_CorrelationOscillator_v1.0_beta.ex4   58 KB | 2,525 downloads


Enjoy,

9047
  • #129
  • Jan 11, 2017 6:55am Jan 11, 2017 6:55am
Quoting 9047
Correlation Oscillator v1.0 beta After a long wait we have new version the Correlation Oscillator. I have take reasonable measures to ensure this code is functioning but some testing by the community would be appreciated - hence the beta release. ninety47_CorrelationOscillator_v1.0_beta_annotated.png;2128365 As mentioned in the previous post it has the following features: Supports up to 32 symbols at once (why you would plot more than 8 I'm not sure ... gets very messy!). Has both Pearson and Spearman product moment functions. A range of predefined...
Inspired by you, I was finally able to built a correlation matrix via a 3rd-party platform that supports high-level language,thank you sir! (MQL4 still gives me migraine)

Still have a long way to go putting all of sql server, python and Matlab together though.

About the indicator, adding graphical representation of past correl is a great way to determine stability of the relationship, good idea.
Data loading in MT4 is problematic, don't know why.
No Highs? No Lows? Must be Bose!
  • #130
  • Jan 12, 2017 6:04pm Jan 12, 2017 6:04pm
Hey 9047

I tried the last indicator that you posted and I cannot seem to get it to work. Please help!!
  • #131
  • Edited 7:13pm Jan 14, 2017 7:51am | Edited 7:13pm
Quoting Tardigrade
{quote} Inspired by you, I was finally able to built a correlation matrix via a 3rd-party platform that supports high-level language,thank you sir! (MQL4 still gives me migraine) Still have a long way to go putting all of sql server, python and Matlab together though. About the indicator, adding graphical representation of past correl is a great way to determine stability of the relationship, good idea. Data loading in MT4 is problematic, don't know why.
Hi Tardigrade,

Glad to have inspired you!

The data loading issues are driven by the way MT4 handles data. Indiators only have access to the data that has been loaded into charts so. A solution would be to progammatically open charts for each symbols-period being displayed and scroll the charts back till all symbols and timeframes have a matching number of bars loaded. That number of bars in the chart could be used the calculation limit for the indicator. Lazily I just open the charts I need and scrol them back.

Would be great to see some screen shots of your handy work

9047.
  • #132
  • Edited 7:14pm Jan 14, 2017 8:12am | Edited 7:14pm
Quoting jamess5253
Hey 9047 I tried the last indicator that you posted and I cannot seem to get it to work. Please help!!
Hi James,

Just to double check (sorry if this is telling you to do the obvious):

  1. You've saved the downloaded file into the Indicators folder?
  2. The MT4 build you're using at least matches the one in the build notes (if it doesn't please let me know).
  3. You've enabled DLL imports (the indicator uses some of supplied MT4 libraries the use a DLL import ... from memory)

If you've done all the can you please provide more information e.g copy of any log messages, screenshots etc.

Hope we can get this working for you

Thanks,

9047.

  • #133
  • Jan 15, 2017 8:16am Jan 15, 2017 8:16am
Quoting 9047
{quote} Hi James, Just to double check (sorry if this is telling you to do the obvious): You've saved the downloaded file into the Indicators folder? The MT4 build you're using at least matches the one in the build notes (if it doesn't please let me know). You've enabled DLL imports (the indicator uses some of supplied MT4 libraries the use a DLL import ... from memory) If you've done all the can you please provide more information e.g copy of any log messages, screenshots etc. Hope we can get this working for you Thanks, 9047.

Hi

It says that my version is 4:00 and build 1031?
  • #134
  • Jan 15, 2017 12:50pm Jan 15, 2017 12:50pm
Quoting 9047
{quote} Hi Tardigrade, Glad to have inspired you! The data loading issues are driven by the way MT4 handles data. Indiators only have access to the data that has been loaded into charts so. A solution would be to progammatically open charts for each symbols-period being displayed and scroll the charts back till all symbols and timeframes have a matching number of bars loaded. That number of bars in the chart could be used the calculation limit for the indicator. Lazily I just open the charts I need and scrol them back. Would be great to see some...
Got it. Thanks for the explanation

Here a screen shot of what we developed so far; in the main window we have correlation matrix, in the sub window we have spread chart to check pairs relationship.
First Priority of pairs trading or correlation trading is always establishing causality

How would you use this kinda indi and what's your take on causation vs. correlation?

Cheers, keep up the good work
Attached Image (click to enlarge)
Click to Enlarge Name: Matrix.png Size: 125 KB
No Highs? No Lows? Must be Bose!
  • #135
  • Jan 16, 2017 4:00am Jan 16, 2017 4:00am
Quoting jamess5253
{quote} Hi It says that my version is 4:00 and build 1031?
O.K. build matches.

Check the logs for error messages and post screenshots please.
  • #136
  • Jan 16, 2017 6:07am Jan 16, 2017 6:07am
Quoting 9047
{quote} O.K. build matches. Check the logs for error messages and post screenshots please.
Hi mate

Can you tell me where I would find the logs? When I insert the indicator nothing happens if that helps
  • #137
  • Jan 16, 2017 7:01am Jan 16, 2017 7:01am
Quoting jamess5253
{quote} Hi mate Can you tell me where I would find the logs? When I insert the indicator nothing happens if that helps
Look in the "Experts" and "Journal" tabs in the "Terminal" window of the MT4 interface. For reference see the image below.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2017-01-16 21-54-41.png Size: 26 KB
  • #138
  • Jan 16, 2017 10:02am Jan 16, 2017 10:02am
Hello! I appreciate your hard work and skills when it comes to creating indicators and oscillators! However, for some reason I am not able to get it to load properly on my MT4 platform. Have you updated both the table and oscillator? And if so do you mind sharing the links with me?

Once again I really appreciate your efforts and time!

Attached Image (click to enlarge)
Click to Enlarge Name: Aviary Photo_131290556456565272.png Size: 96 KB
  • #139
  • Jan 16, 2017 5:04pm Jan 16, 2017 5:04pm
Quoting 1Limitless
Hello! I appreciate your hard work and skills when it comes to creating indicators and oscillators! However, for some reason I am not able to get it to load properly on my MT4 platform. Have you updated both the table and oscillator? And if so do you mind sharing the links with me? Once again I really appreciate your efforts and time! Aviary Photo_131290556456565272.png;2142128 {image}
Hi everyone,

PLEASE post a picture or content from the "Expert" and "Journal" tabs in the "Terminal window". There will error or warning messages in there that will help me.diagnose why the indicator isn't working for you.

For example warming messages see the "known issues" section on post #129. This a multisymbol indicator and MT4 only makes data available to indicators that has been already been loaded into memory e.g. by opening a chart for a given symbol at a given timeframe.

Thanks,

9047

@1Limitless I would suggest you likely have not loaded data into the other charts for the symbols you are correlating against.e.g. if you want to correlate AUDCHF against USDJPY etc. you need to open all the other charts at the same timeframe.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot from 2017-01-16 21-54-41.png Size: 26 KB
  • #140
  • Jan 18, 2017 3:35am Jan 18, 2017 3:35am
Quoting jamess5253
{quote} Hi mate Can you tell me where I would find the logs? When I insert the indicator nothing happens if that helps
Quoting 1Limitless
Hello! I appreciate your hard work and skills when it comes to creating indicators and oscillators! However, for some reason I am not able to get it to load properly on my MT4 platform. Have you updated both the table and oscillator? And if so do you mind sharing the links with me? Once again I really appreciate your efforts and time! Aviary Photo_131290556456565272.png;2142128 {image}
Are you folks still having problems with indicator?
0 traders viewing now