Re: MT4 Indicator requests and ideas

18025
FoxFoxicle wrote: Sat Mar 18, 2023 2:48 pm I tried comparing the donchian to two ADR indicators. The calculations are different.
looks like your white dots are not ADR they are all the same range
perhaps some idea based on the adr but not adr
also the low red line in your chart is not at the low of the day

regards
correct adr forwarded correct adr forwarded
correct adr correct adr
your white dots are not adr your white dots are not adr
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FoxFoxicle


Re: MT4 Indicator requests and ideas

18026
Xronos__ wrote: Sat Mar 18, 2023 8:29 pm looks like your white dots are not ADR they are all the same range
perhaps some idea based on the adr but not adr
also the low red line in your chart is not at the low of the day

regards
I see. So do you mean donchian channel in setting "1" more accurate than the ADR indicators I posted?

I used the following.
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Xronos__

Re: MT4 Indicator requests and ideas

18027
FoxFoxicle wrote: Sat Mar 18, 2023 8:45 pm I see. So do you mean donchian channel in setting "1" more accurate than the ADR indicators I posted?

I used the following.
yes
if the porpose of the tool is to plot correct ADR (Hi,Lo, (Hi+Lo)/2<--mid line) then on your chart the only correct lines are those of donchian with period 1

!SM_ADR_Marker.ex4

OGT ADR Indicator v1.2.ex4

i'm not aware of these files

also i do not use *.ex4 with no source code at all, so i will not test them sorry.

regards
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Re: MT4 Indicator requests and ideas

18028
Xronos__ wrote: Sat Mar 18, 2023 9:18 pm yes
if the porpose of the tool is to plot correct ADR (Hi,Lo, (Hi+Lo)/2<--mid line) then on your chart the only correct lines are those of donchian with period 1

!SM_ADR_Marker.ex4

OGT ADR Indicator v1.2.ex4

i'm not aware of these files

also i do not use *.ex4 with no source code at all, so i will not test them sorry.

regards
Thank you very much. I owe you.

Can you confirm if this H4 donchian channel lines has the correct average for H4 candles? Sorry I'm not really a coder.

Re: MT4 Indicator requests and ideas

18029
FoxFoxicle wrote: Sat Mar 18, 2023 9:28 pm Thank you very much. I owe you.

Can you confirm if this H4 donchian channel lines has the correct average for H4 candles? Sorry I'm not really a coder.
now you know correct and wrong regardig the ADR

there is no need to be a coder or depend to anyone to give you confirmation

you can do this

regards

ps:/ sorry for the misspelling of the word "previous" on the image
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Re: MT4 Indicator requests and ideas

18030
Xronos__ wrote: Sat Mar 18, 2023 9:52 pm now you know correct and wrong regardig the ADR

there is no need to be a coder or depend to anyone to give you confirmation

you can do this

regards

ps:/ sorry for the misspelling of the word "previous" on the image
I see. I thought the donchian channel with settings "1", averages the previous 20 4-hour candles and plot the high/low average range.

It seems to me that its just a previous high/low candle indicator using the settings "1".