bilbao wrote:Fri Jun 02, 2017 3:55 am

5 PIP box
time frame :M2

wick must showing

Yes can you share the indicator?

digbee wrote:Fri Jun 02, 2017 2:55 pm
Yes can you share the indicator?

TRY IT RENKO:
viewtopic.php?p=1295356159#p1295356159

Price Distribution indicator

It is a simple price distribution. Fiddling with the parameters can create quite different results.

cell_width
how many bars to use for the price distribution per column

cell_rows
how many rows to split the price distribution into

cell_cols
how many columns to generate... for some heavy computations you can reduce this number if performance suffers as you most likely need the recent price distribution

cell_step
the higher the number the more blocks are skipped for each step it is still calculating cell_width number of bars. so if cell_step and cell_width are the same you will see a clear picture. if cell_width is significantly higher you will see data "blurred" in.

cut_off
all cells are normalized with a value from 0 to 1 if you draw all of them it will be very resource intensive. so everything smaller than cut_off is just not drawn. (I put 0.8 sometimes to identify strong support/resistance areas)

count_inside_bars
count_support
count_resistance
and here is some magic... instead of counting the whole bar I have split it into
inside bar = ( Open - Close )
support = ( Low - Min(Open, Close )
resistance = ( Max(Open, Close) - High )

That way you can focus your study only on support or only on resistance areas.

Happy Neural Networking!!!

Candlestick pattern indicator for MT4

Bilbao you are an endless well ...

pacois wrote:Fri Jun 02, 2017 8:16 pm

Bilbao you are an endless well ...

YES... He is helping deadly to others beyong the limit needs to appreicate his dedications... . Keep it up and god bless you. Bilbao...

sal wrote:Fri Jun 02, 2017 8:25 pm
i am note sure, indi unable to load in the platfrom. hope its old version.. can help to correct ?..
Pacios, pls. help in this matter..if possible.

Sal what's wrong with you? Sal what are your problems? I can give you all my mt4 files.