Hello dear friends traders and coders. Do we have candle indicator showing buying and selling pressure on candle? Pressure between high to close and low to close. I have picture representing what I'm looking for. Indicator for candles to be in color as this : From High to close =red color and from ...

FoxFoxicle wrote: Thu Mar 23, 2023 9:55 am Do you think you can turn it into something like bitmap I think then put option to change the opacity?

regards

FoxFoxicle wrote: Thu Mar 23, 2023 1:54 am Something like opacity adjuster.

Example:
Opacity(0-100): 50
*50 means opacity is reduced to 50

FoxFoxicle wrote: Wed Mar 22, 2023 9:23 pm Hello gracious people.

Can someone add a transparency option for this indicator?

TIA

0.1 to 0.9
give it a try
regards

Hello, I wonder if someone can help with a fault with this indicator. ON/OFF Button not saving. I have saved the indicator in my trading system with the ON/OFF button turned OFF. However, when I open my MT4 the indicator is showing, even though I saved it as OFF. Can someone fix this so when I open...

FoxFoxicle wrote: Sat Mar 18, 2023 10:39 pm I see. Thank you. The settings "1" was correct but when I make it into "per = 20". It does not make sense.

go slow
from per=1 go to per=2 and inspect what is ploted on the chart from this tool
then 3.....and so on
you will understand how it works

regards

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". per =20; was the default value for this tool and the de...

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...

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...

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

Thanks for your help, do you think the donchian channel calculations are the same with ADR? I plotted the daily donchian and compared it to daily ADR but the calculations are off. are not off r projected, in donchian the lines are projected 1 step (ex:you see yesterdays lines today if you use perio...