I'm sorry for asking such a noob question, but what does the percentage number under the todays range mean?

cinare wrote: Tue May 13, 2025 2:44 am I'm sorry for asking such a noob question, but what does the percentage number under the todays range mean?

Open Pip$ / 20 Day Range x 100
= 19 / 137 x 100
= 13.86%
(In the fig it shows 14.1% ( The diff is due to some rounding in the Open Pip$ or 20 Day Range values)

Hi Familia,

11:50 am Open.
12:45 pm - finished.

Same broker but different Daily Open price positions in MT4 and MT5, anyone face this problem too?

mazibee wrote: Tue May 13, 2025 4:22 am Open Pip$ / 20 Day Range x 100
= 19 / 137 x 100
= 13.86%
(In the fig it shows 14.1% ( The diff is due to some rounding in the Open Pip$ or 20 Day Range values)

Thanks! But what does it mean? What information do you take away from it?

cinare wrote: Tue May 13, 2025 3:01 pm Thanks! But what does it mean? What information do you take away from it?

This %age tells how much the price has moved from Daily Open relative to 20 Day Range.

This figure is a measure of volatility in percentage terms, making it easier to compare the volatility of different pairs.

If you just check the image you have posted +/-15% are the BUY/Pivot & SELL/Pivot lines to make it easier.

Ideal BUY area around +15%
Ideal SELL area around -15%

Hope this helps

cinare wrote: Tue May 13, 2025 3:01 pm Thanks! But what does it mean? What information do you take away from it?

Well, just a hint from my side of understanding.
Lets take a look on the math: The calculation is based on the average 20-day pip-range compared to the one we are facing on the daily. So, what do you get from this? The volatility of the day for example. So, when the daily pip-range is greate than the 20-day average, you know, that´s a very volatile day. This might lead you to adjust your risk exposure, for example to lower the risk per lot in order to not bring your money into trouble.

Hello friends! Thank you master for the great system. Simple and clear. But I have a few questions. When I repaint the template, then save it and the panel indicators disappear. Where am I making a mistake?
And second: Did you know that XAUUSD has its own crypto token XAUT/USDT? I didn't know about it until yesterday.

Spazmus wrote: Tue May 13, 2025 8:40 pm Hello friends! Thank you master for the great system. Simple and clear. But I have a few questions. When I repaint the template, then save it and the panel indicators disappear. Where am I making a mistake?
And second: Did you know that XAUUSD has its own crypto token XAUT/USDT? I didn't know about it until yesterday.

Go right click on chart, click on indicators list, find panels and click on each separately. they will appear again

The easiest way to create a template in MT5.
Use the enclose XU Clean Chart script.
Copy the script to MQL5/Scripts folder and restart MT5.

When you have the chart just as you like it.
Prior to creating the template.
Run the Clean script
About 70% of the chart will disappear, don't worry.
Now right mouse click and save template.

After you save the template, simply select it and everything should now appear.
Best,
Xard777