The criteria for color candles is as simple as it gets : STARC bands are calculated using one average - along with it a "fast" average of a same type and price is calculated, and if the fast average is crossing slow average up, color of the candle is changed to color for up, and in color for down if the fast average crosses the slow average down. Setting the fast period to <= 1 makes it equal to chosen price crossing STARC bands main average value
Hi, there is a bug in MTF mode. Both version.
M1 Chart => H1 timeframe, H1 Chart => D1 timeframe.
2016.11.09 11:59:26.956 starc_bands (EURUSD,M1) cannot load custom indicator 'starc_bands' [4802]
2016.11.09 12:06:15.427 starc_bands_1.1 (EURUSD,H1) cannot load custom indicator 'starc_bands_1.1' [4802]
Hi, there is a bug in MTF mode. Both version.
M1 Chart => H1 timeframe, H1 Chart => D1 timeframe.
2016.11.09 11:59:26.956 starc_bands (EURUSD,M1) cannot load custom indicator 'starc_bands' [4802]
2016.11.09 12:06:15.427 starc_bands_1.1 (EURUSD,H1) cannot load custom indicator 'starc_bands_1.1' [4802]
Error 4802 is an error that happens with any of the indicators that are calling some other indicator (or itself), especially on weekends when there are no new ticks or when the higher time frame is called for the first time after the initialization.
That is why the handle is checked and re-checked and when that error is cleared, it continues normal operation. That is an issue of mt not of the code. The indicator works as it is supposed to work once when it gets a "pass" by that error 4802 (it can not be forced to wait from an indicator since we can not make the indicator "sleep" to force some action until it is cleared - hence we have to wait for the next occasion to pass through the 4802 "gate"). You also have noticed that it continues to work as it should once when it gets a new tick after that error when used on live charts
All this above said is for real time usage on live charts - back-testing can not be conducted in that mode of multi time framing
Without going into "heavy explanation" why that issue was happening in back-test and it was not in real time, added a version (version 1.2) that solves back-testing issue too
In order to make this version compatible with both previous version, added an option to show candles (as in version 1.1) or hide them (as in version 1.2) so both modes can be emulated with the version 1.2 now
Can someone please help to understand the cause of the error and how to fix it. Sometimes happens. All instances of the indicator in the window break together.
> array out of range in 'STARC_bands_1.2.mq5' (192,111)
192,111 is "if (currTime[0]==nextTime[0]) continue;" .
if exactly, its currTime.
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
STARC bands:
Variation of well know STARC (Stoller Average Range Channels) bands.
Author: Mladen Rakic