Re: Something interesting please post here (Metatrader)

2114
bilbao wrote: Wed Apr 26, 2017 4:54 pm The indicator identifies and marks the WRB - very long bars (Wide Range Bars) or candlesticks with long bodies (Wide Range Bodies). Since WRB-bars themselves do not represent the values of the indicator also identifies hidden gaps based on these bars. It shows in different ways filled and unfilled hidden gaps, so that only by looking at the screen, it is possible to very simply determine the current situation. Also, you can turn on the notification of the current price entry into the unfilled gap zone.

Wide Range Bars

Wide Range Bars
Input parameters:

UseWholeBars (default = false) - if true, the indicator will search for long bars (Wide Range Bars) instead of Wide Range Bodies.
WRB_LookBackBarCount (default = 3) - how many bars to use in comparison to determine WRB. The larger this number, the more rare and significant are the bars with a wide range.
WRB_WingDingsSymbol (default = 115) is a text character code for WRB. By default, a small rhombus.
HGcolor1 (default = clrDodgerBlue) - the first (and default) color of the hidden gaps rectangles.
HGcolor2 (default = clrBlue) - the second color of the rectangles of hidden gaps.
HGstyle (default = STYLE_SOLID) - line style for drawing rectangles of hidden gaps.
StartCalculationFromBar (default = 100) - the number of bars in the history of the chart that will be viewed for WRB markup and hidden gaps.
HollowBoxes (default = false) - if true, the hidden gap rectangles will be empty.
DoAlerts (default = false) - if true, then notifications will be enabled when the price enters the hidden gap zone.
Image
@mrtools please can you make this indicator MTF?
Kind regards,
GC
These users thanked the author GraniteChief for the post:
Enes Kocoglu


Re: Something interesting please post here (Metatrader)

2118
vvFish wrote: Sun Aug 28, 2022 12:59 am ;)
Image
Your diagram is interesting to me.
Is this a breakout based on a volatility squeeze? ;)
These users thanked the author Jedidiah for the post:
Chickenspicy
Be patient therefore, brethren, until the coming of the Lord. Behold, the husbandman waiteth for the precious fruit of the earth: patiently bearing till he receive the early and latter rain.
Behold, we account them blessed who have endured. You have heard of the patience of Job, and you have seen the end of the Lord, that the Lord is merciful and compassionate.


Who is online

Users browsing this forum: ChatGPT [Bot], DotNetDotCom [Bot], Google [Bot], mrtools, Proximic [Bot], snoopyzam and 75 guests