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MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

Posted: Fri Feb 17, 2017 7:20 pm
by DIM1NE
Break Out BOX MT4 indicator help
Dear mladen, could you help to solve this visual problem with this BreakOut BOX 3 indicator. Here's the picture. Thank you in advance.

Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

Posted: Fri Feb 17, 2017 10:29 pm
by mladen
DIM1NE wrote:Dear mladen, could you help to solve this visual problem with this BreakOut BOX 3 indicator. Here's the picture. Thank you in advance.
This should do it :

Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

Posted: Sat Feb 18, 2017 12:05 am
by DIM1NE
Thank you sir :)  ! Will try on Monday.

Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

Posted: Sat Feb 18, 2017 3:35 am
by mntiwana
One more of that kind

Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

Posted: Sat Feb 18, 2017 5:58 am
by optionhk
Dear mladen,

Glad to be here.

The attached indicator is being used to study the frequency of minimum range being achieved in certain number of bars.

The idea is to get pips of a box printed on top/bottom of box based on minimum pip range and maximum holding period of time (bars). 

Can you please add maximum time input for the breakout box as I intend to hold a trade for a certain period, say for three hours? This will be basically for back-testing purpose to find ideal average holding period in certain Asian session hours. 

Thank you.

Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

Posted: Sat Feb 18, 2017 6:06 am
by mladen
optionhk wrote:Dear mladen,

Glad to be here.

The attached indicator is being used to study the frequency of minimum range being achieved in certain number of bars.

The idea is to get pips of a box printed on top/bottom of box based on minimum pip range and maximum holding period of time (bars). 

Can you please add maximum time input for the breakout box as I intend to hold a trade for a certain period, say for three hours? This will be basically for back-testing purpose to find ideal average holding period in certain Asian session hours. 

Thank you.

optionhk

I am not sure it can be bound to bars if the required time is not exactly the "number of bars x time frame". Will check but I am not promising anything right now. Will get back with the conclusion though

Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

Posted: Sat Feb 18, 2017 4:10 pm
by optionhk
Thank you.
Time, in terms of "bars of TF" will be fine if time can't be bound.

Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

Posted: Mon Feb 20, 2017 12:08 am
by optionhk
Dear mladen,

Is it possible to define time in terms of minutes to find a way out to bind bars with it as well? 

If yes, please provide the bar and minutes inputs as well.

The third input could be defined as Box Distance = maximum time required in minutes/bars required for the market to be ranging.

In such a case a strip should be printed stretching even in future time. 

Attached MT4 indicator high-low engulfing prints this kind of strip but with different logic related to size of wicks but not for future timelines.

Attached is an MT4 indicator which uses future timelines logic. I have printed even 10 years of future vertical timelines from open to close both ending in the future by converting the years into minutes. If bars are used then it prints future time lines for a limited period of bars. 

Unfortunately, I don't have the mq4 for both.

Thank you.

Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

Posted: Mon Feb 20, 2017 1:56 am
by mladen
optionhk wrote:Dear mladen,

Is it possible to define time in terms of minutes to find a way out to bind bars with it as well? 

If yes, please provide the bar and minutes inputs as well.

The third input could be defined as Box Distance = maximum time required in minutes/bars required for the market to be ranging.

In such a case a strip should be printed stretching even in future time. 

Attached MT4 indicator high-low engulfing prints this kind of strip but with different logic related to size of wicks but not for future timelines.

Attached is an MT4 indicator which uses future timelines logic. I have printed even 10 years of future vertical timelines from open to close both ending in the future by converting the years into minutes. If bars are used then it prints future time lines for a limited period of bars. 

Unfortunately, I don't have the mq4 for both.

Thank you.
Sorry, but as far as ex4 files are concerned, I can not alter them

Re: MT4 Candlesticks, Patterns, Correlation, Breakouts & Price Action indicators

Posted: Mon Feb 20, 2017 2:08 am
by optionhk
Exe files of the two indicators have been provided for amplification of future vertical and horizontal idea for modifying boxbreakout indicator whose mql is provided to you.