LikeRe: Something interesting please post here (Metatrader)

124
ClusterBox indicator + ClusterBox Based Alert for MT4

For each candlestick of any timeframe there is a corresponding amount of ticks that formed it. On Forex charts this trait is displayed as Volume, although it has no direct relation to the real trade volumes. However, the tick volume data can be in the same way as the real volume data.

The information about the ticks that came before the indicator was attached are taken from the special tick file, which is formed with the help of the Ticks collector. If the history rendering is not required, then the indicator values will appear in real-time, provided the new ticks arrive.

About the ClusterBox indicator:

The ClusterBox indicator displays the detailed picture of tick distribution inside the candlestick, if it is split into several clusters. Each cluster is characterized by height, set in points (the "Amount of points in one cluster" parameter). Therefore, each candlestick will contain a different amount of clusters depending on its height.

Depending on the size of the accumulated tick volume, the text label indicating the amount of ticks in the cluster will be represented by a certain color.
Accordance between the minimum tick volume level and the color which represents that level is set in the related parameters "Minimal volume. Level N" and "Color of level N". Therefore, the tick volume that is greater than the value of the "Minimal volume. level 5" parameter is represented by a color specified in the "Color of level 5" parameter.

About the Clusterbox Based Alert by Jeanlouie

  • uses the clusterbox_ad indicator, which clusters volumes into evenly spaced levels, needs it to be running
  • 2 signal options; which candle half has the greater sum of clustered volumes, and which half has the largest cluster volume
  • middle cluster on odd clustered candles is ignored, it's common to both halves
  • optional texts for each
  • optional placement of arrows and texts, styling
  • both top/bot half signals are as buffers, for calling, just check if the icustom index is non zero or not empty

Re: Something interesting please post here (Metatrader)

125
Cluster Box Histogram indicator and Cluster Box Ticks for MT4

Unlike the ClusterBox indicator, that displays the amount of ticks per one cluster within a single candlestick, the ClusterBox_Histogramm indicator calculates the amount of ticks of one cluster, which combines several candlesticks. That is the specified interval of the candlesticks is considered as a single candlestick split into clusters. For each such cluster, the amount of ticks within it is calculated

The blue and light blue lines on the chart — total amount of ticks per one cluster. The precise value of this number is displayed to the right of the rectangle, that bounds the data collection interval. The colors of these lines depends on the amount of ticks and values of the setting parameters of the "Min. volumes and colors" block.

Red and green lines — the amount of ticks per fall and growth prices respectively. Set in the "Delta of volumes" parameters block.

The data collection interval is set by moving and/or dragging the rectangle.

Cluster Box Ticks Density

To produce such a tedious calculations by hand, it is sufficient to use a special light - ClusterBox_TicksDensity. It automatically considers the density of ticks for each cluster of the current day and displays the results in a bar graph with numerical values ​​(see M15 CHART).

The histogram is always placed on the right side of the chart, showing data only for the current trading day, no matter how the graph is positioned.

When working with an indicator ClusterBox_TicksDensity special attention should be paid to the following: the testimony of the indicator depends on the selected period schedule. For example, in Fig. 2 (M15 timeframe), the maximum density achieved at the price level of 1.34055 and the same day timeframe M5 maximum density will be in the cluster 1.34160 (see M5 CHART).

This happens for the simple reason that in the calculation of density is used by dividing the total number of ticks to the cluster of bars, included in this cluster. Well, the day the number of bars representing different timeframes, of course, different. Hence comes the relativity of this type of analysis.

The disadvantage of the type considered cluster analysis is sufficiently strong dependence on the height of the indicator is a cluster and the selected timeframe. Apparently, a full analysis of this can only be taken into account when reading the indicator on multiple timeframes, when taken note of only matching data on the levels of the maximum density of ticks.



These users thanked the author bilbao for the post:
SijjiN


Re: Something interesting please post here (Metatrader)

126
i Pulsar indicator MT4

The indicator registers the price level breakout moments and the significance of these levels. The significance of a level is determined by how long it had not been broken through in the past. The level breakout may be interpreted as a possible start of the price movement reversal.

There is a noise filter and a signal significance filter, which allow to exclude reactions to insignificant levels, as well as the signals with no substantially new information.

  • Scale — the timescale of "looking into the past" (in minutes). I generally use 1440, i.e. I measure the significance of the level in 24 hours.
  • ScaleDigits — the number of digits after the decimal point on the "looking into the past" timescale (y-axis). Does not affect anything but the digitizing of the y-axis.
  • LevelFilter — the minimum significance (depth of operation) of the displayed levels. Measured in Scale periods, i.e. in my case — in natural days.
  • SignalFilter — the signal significance filter; specified either in bars (if >=0), or in Scale periods (if <0). It allows to exclude the display of the signals which contain no substantially new information relative to the one already displayed. The zero value simply disables the repeated display of the already present levels.
  • SetSignalFilter — command for activation of the SignalFilter. If false, then the signals are not filtered by significance.
These users thanked the author bilbao for the post (total 3):
太虚一毫, andrei-1, galaxy

Re: Something interesting please post here (Metatrader)

127
RJT Matches

This indicator helps determine the end and the beginning of trends based on the inclination of the matches and the color of its heads.

These are basic lines that show inclination for themselves, and together showing the evolution of the trend of prices. This tells us about the strength of a trend to continue or prepare us for an imminent change.

Each match is the line between the open price of a bar and the close price of the next. It is ideal for intraday trading (scalping / swing) in low time frames (minutes / hours).

ChartRe: Something interesting please post here (Metatrader)

129
Add and display another currency symbol on chart indicator for MT4

In some cases, it is necessary to display quotes another financial instrument (hereinafter - the symbol) or within a window timeframe of the current chart.

EXAMPLE need thereof: find quotes divergences between the graphs of two symbols.

The solution to this problem is available in many versions, up to display different character candlestick chart. In this case, however, restrict the display of a simple line, which is one of the four characteristics of the spark another symbol: the opening price, closing, high or low.

Another_Symbol indicator pane displays the current chart of another symbol data. Character name specified in the parameter "Symbol" . In addition, it is possible to specify the desired timeframe (parameter "graphic Period" ) and one of the candles price (option "Price" ). To extend the functionality of the parameter "price" includes options for calculating the average price of the candle (Median), typical (Typical) and balanced (Weighted Close).

A simple example of the indicator - shows the closing price of GBPUSD EURUSD USDJPY XAUUSD GBPJPY USDCAD symbol on the chart symbol on different time frame

This idicator is CPU friendly and lightweight - you can open more symbol

CandlesticksRe: Something interesting please post here (Metatrader)

130
Ichimoku Auto Support Resistance (trendlines) for MT4

The indicator shows the support and resistance levels using two sources of data: local extremes prices and cloud-built indicator Ichimoku Kinko Hyo.

The level of construction in the form of a segment that connects the fractal given rank (rank - the number of candles that form a fractal) and the corresponding edge of the cloud: for the upper fractals - the top line of the cloud, for the bottom - the lower limit of the cloud.

The result of the indicator is a plurality of pieces of support and resistance levels. Frequency mapping sections depends on the value of the parameter "Rank fractal" - the higher the value, the lower the frequency, and vice versa

PS: A newer version can be found, here: Ichimoku Support & Resistance lines indicator 👈
These users thanked the author bilbao for the post:
galaxy


Who is online

Users browsing this forum: 256robertm, Banzai, Bing [Bot], ChatGPT [Bot], Grapeshot [Bot], Majestic-12 [Bot], snoopyzam, talaate, TECHHDATE07, WhatsApp [Bot] and 66 guests