Float

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Very interesting indicator. See image attached.

Red is aflat. It seems we are not trading during the aflat.

Files:
floatma.mql  1 kb
float_mt3.jpg  83 kb
 

The other float indicators.

Files:
float1_mt3.jpg  74 kb
bandfilter.mql  3 kb
bandfilterchannel.mql  2 kb
 

Float indicator.

Files:
float.jpg  98 kb
float.mql  9 kb
 

Rewrite Float Indicator into .mq4 ?

Hello New Digital,

Has anyone rewritten the Float indicator into .mq4 script for MT4? I see there's an .mql version here. On the SB forum there's discussion about this indicator plus an expert was written but the indicator (written by Barry Stander) acts buggy, and no one can locate the source code. I found the following script by 'Bigblock' posted on the Gordago site. I'm not sure what script it is but perhaps the logic is clear to some ambitious soul who'd like to make it work as an .mq4 file? It may be the same as the barry S. 'Float' although this one is longer (I'm no coder)

Of the Float indicators posted above, the one I prefer is the one which creates the ramp of blue histogram lines. I've also attached the buggy Float file from the SB forum.

-MJ

-----------------------------

/*[[

Name := FLOAT

Author := Bigblockfw

Separate Window := Yes

First Color := Blue

First Draw Type := histogram

First Symbol := 217

Use Second Data := Yes

Second Color := Red

Second Draw Type := Line

Second Symbol := 218

Changing the value of Float to 100 will alow it to display properly on 15 min chart,

200 = 30 min 20 = 5 min

]]*/

input : float(100),use_fibos(1),Backtesting(0);

Variable :

shift(0),f(0),c1(0),high_bar(0),Low_bar(0),bars_high(0),bars_low(0);

Variable :

cumulativeV(0),FLOATV(0),cumulativeV2(0),loopbegin2(0),swing(0),swing_time(0);

Variable : swingv(0),loopbegin1(0),cnt(0);

Variable : first(True),first1(True), prevbars(0);

Variable : cvstart(0),cvend(0),bar(0),newcv(0),CV(0),CV2(0);

Variable : fib23(0),fib38(0),fib50(0),fib62(0),fib76(0);

Variable : dinap0(0),dinap1(0),dinap2(0),dinap3(0),dinap4(0),dinap5(0);

Variable : CVL(0),CVL1(0),CVL2(0),CVL3(0),CVL4(0);

cumulativeV=0;

cumulativeV2=0;

SetLoopCount(0);

If Bars 1 Then

first = True;

first1 = True;

prevbars = Bars;

FLOATV=0;

If first Then Begin

loopbegin1 = Bars-float-1;

loopbegin2 = Bars-float-1;

first = False;

loopbegin1 = loopbegin1+1;

For shift = loopbegin1 Downto 0 Begin

//find high and low

high_bar = H;

Low_bar = L[Lowest(MODE_LOW,float,float)];

//find bar counts

bars_high = highest(MODE_HIGH,float,float);

bars_low = lowest(MODE_LOW,float,float);

//find swing price differance

swing = H-

L[Lowest(MODE_LOW,float,float)];

//find float time barcount

swing_time = abs(bars_low-bars_high);

//find cumulative volume for float period

IF bars_high < bars_low then

{

cvstart=bars_low;

cvend=bars_high;

}

else

{

cvstart=bars_high;

cvend=bars_low;

}

If first1 and FLOATV=0 Then Begin

for shift = cvstart downto cvend Begin {

FLOATV=FLOATV+V[shift];

first1 = False;}

end;

//find cumulative volume since last turnover

for shift = cvstart downto 0 Begin

cumulativeV=cumulativeV+V[shift];

if cumulativeV>=FLOATV then{

cumulativeV=0;

}

SetIndexValue(shift,cumulativeV*0.001);//Blue

SetIndexValue2(shift,FLOATV*0.001);//red

comment(

"\n","high was ",bars_high," bars ago",

"\n","Low was ",bars_low," bars ago","\n",

"\n","Float time was = ", swing_time," bars",

"\n","Float Vol. left = ",FLOATV-cumulativeV,

"\n","Float Volume = ",FLOATV

);

MoveObject("swingtop",OBJ_TRENDLINE,Time[cvstart],high_bar,Time[1],high_bar,Blue,1,STYLE_SOLID);

MoveObject("swingbottom",OBJ_TRENDLINE,Time[cvstart],Low_bar,Time[1],Low_bar,Blue,1,STYLE_SOLID);

//fibos

If use_fibos=1 then{

fib23=((high_bar-Low_bar)*0.236)+Low_bar;

fib38=((high_bar-Low_bar)*0.382)+Low_bar;

fib50=((high_bar-Low_bar)/2)+Low_bar;

fib62=((high_bar-Low_bar)*0.618)+Low_bar;

fib76=((high_bar-Low_bar)*0.764)+Low_bar;

dinap0=(Low_bar+fib23)/2;

dinap1=(fib23+fib38)/2;

dinap2=(fib38+fib50)/2;

dinap3=(fib50+fib62)/2;

dinap4=(fib62+fib76)/2;

dinap5=(high_bar+fib76)/2;

MoveObject("fib23",OBJ_TRENDLINE,Time[cvstart],fib23,Time[1],fib23,Green,1,STYLE_DASH);

SetObjectText("23","23.6","Arial",8,green);

MoveObject("23",OBJ_TEXT,time[0],fib23,time[0],fib23,Green);

MoveObject("fib38",OBJ_TRENDLINE,Time[cvstart],fib38,Time[1],fib38,Green,1,STYLE_DASH);

SetObjectText("38","38.2","Arial",8,green);

MoveObject("38",OBJ_TEXT,time[0],fib38,time[0],fib38,Green);

MoveObject("fib50",OBJ_TRENDLINE,Time[cvstart],fib50,Time[1],fib50,Red,2,STYLE_SOLID);

SetObjectText("50","50","Arial",8,green);

MoveObject("50",OBJ_TEXT,time[0],fib50,time[0],fib50,Green);

MoveObject("fib62",OBJ_TRENDLINE,Time[cvstart],fib62,Time[1],fib62,Green,1,STYLE_DASH);

SetObjectText("62","61.8","Arial",8,green);

MoveObject("62",OBJ_TEXT,time[0],fib62,time[0],fib62,Green);

MoveObject("fib76",OBJ_TRENDLINE,Time[cvstart],fib76,Time[1],fib76,Green,1,STYLE_DASH);

SetObjectText("76","76.4","Arial",8,green);

MoveObject("76",OBJ_TEXT,time[0],fib76,time[0],fib76,Green);

MoveObject("dinap0",OBJ_TRENDLINE,Time[cvstart],dinap0,Time[1],dinap0,Red,1,STYLE_DOT);

MoveObject("dinap1",OBJ_TRENDLINE,Time[cvstart],dinap1,Time[1],dinap1,Red,1,STYLE_DOT);

MoveObject("dinap2",OBJ_TRENDLINE,Time[cvstart],dinap2,Time[1],dinap2,Red,1,STYLE_DOT);

MoveObject("dinap3",OBJ_TRENDLINE,Time[cvstart],dinap3,Time[1],dinap3,Red,1,STYLE_DOT);

MoveObject("dinap4",OBJ_TRENDLINE,Time[cvstart],dinap4,Time[1],dinap4,Red,1,STYLE_DOT);

MoveObject("dinap5",OBJ_TRENDLINE,Time[cvstart],dinap5,Time[1],dinap5,Red,1,STYLE_DOT);

}

//vert. float lines. these draw the lines that calculate the float

//if you change "trendline" to "Vline" it will draw through oscillators too.might be fun

MoveObject("CVSTART",OBJ_TRENDLINE,Time[cvstart],high_bar,Time[cvstart],Low_bar*point,Blue,1,STYLE_SOLID);

MoveObject("CVEND",OBJ_TRENDLINE,Time[cvend],high_bar,Time[cvend],Low_bar*point,Blue,1,STYLE_SOLID);

//vert float predictions. These are only time based.

//see blue histogram for real float values.

//if you change "trendline" to "Vline" it will draw through oscillators too.might be fun

if cvend-swing_time>0 then {

MoveObject("swingend",OBJ_TRENDLINE,Time[(cvend-swing_time)+5],high_bar,Time[cvend-swing_time+5],Low_bar,Red,1,STYLE_DOT);

}

else DelObject("swingend",0,0,0,0);

if cvend-(swing_time*2)>0 then {

MoveObject("swingend2",OBJ_TRENDLINE,Time[(cvend-(swing_time*2))+5],high_bar,Time[cvend-(swing_time*2)+5],Low_bar,Red,1,STYLE_DOT);

}

else DelObject("swingend2",0,0,0,0);

if cvend-(swing_time*3)>0 then {

MoveObject("swingend3",OBJ_TRENDLINE,Time[(cvend-(swing_time*3))+5],high_bar,Time[cvend-(swing_time*3)+5],Low_bar,Red,1,STYLE_DOT);

}

else DelObject("swingend3",0,0,0,0);

if cvend-(swing_time*4)>0 then {

MoveObject("swingend4",OBJ_TRENDLINE,Time[(cvend-(swing_time*4))+5],high_bar,Time[cvend-(swing_time*4)+5],Low_bar,Red,1,STYLE_DOT);

}

else DelObject("swingend4",0,0,0,0);

if cvend-(swing_time*5)>0 then {

MoveObject("swingend5",OBJ_TRENDLINE,Time[(cvend-(swing_time*5))+5],high_bar,Time[cvend-(swing_time*5)+5],Low_bar,Red,1,STYLE_DOT);

}

else DelObject("swingend5",0,0,0,0);

if cvend-(swing_time*6)>0 then {

MoveObject("swingend6",OBJ_TRENDLINE,Time[cvend-(swing_time*6)+5],high_bar,Time[cvend-(swing_time*6)+5],Low_bar,Red,1,STYLE_DOT);

}

else DelObject("swingend6",0,0,0,0);

if cvend-(swing_time*7)>0 then {

MoveObject("swingend7",OBJ_TRENDLINE,Time[cvend-(swing_time*7)+5],high_bar,Time[cvend-(swing_time*7)+5],Low_bar,Red,1,STYLE_DOT);

}

else DelObject("swingend7",0,0,0,0);

if cvend-(swing_time*8)>0 then {

MoveObject("swingend8",OBJ_TRENDLINE,Time[cvend-(swing_time*8)+5],high_bar,Time[cvend-(swing_time*8)+5],Low_bar,Red,1,STYLE_DOT);

}

else DelObject("swingend8",0,0,0,0);

if cvend-(swing_time*9)>0 then {

MoveObject("swingend9",OBJ_TRENDLINE,Time[cvend-(swing_time*9)+5],high_bar,Time[cvend-(swing_time*9)+5],Low_bar,Red,1,STYLE_DOT);

}

else DelObject("swingend9",0,0,0,0);

//comment out anything you"re not using it will help with speed.

If Backtesting = 1 then {

SetGlobalVariable("fib23",fib23);

SetGlobalVariable("fib38",fib38);

SetGlobalVariable("fib50",fib50);

SetGlobalVariable("fib62",fib62);

SetGlobalVariable("fib76",fib76);

SetGlobalVariable("dinap0",dinap0);

SetGlobalVariable("dinap1",dinap1);

SetGlobalVariable("dinap2",dinap2);

SetGlobalVariable("dinap3",dinap3);

SetGlobalVariable("dinap4",dinap4);

SetGlobalVariable("dinap5",dinap5);

SetGlobalVariable("swingtop",high_bar);

SetGlobalVariable("swingbottom",Low_bar);

SetGlobalVariable("CVSTART",CVSTART);

SetGlobalVariable("CVEND",CVEND);

SetGlobalVariable("FLOATV",FLOATV);

SetGlobalVariable("cumulativeV",cumulativeV);

SetGlobalVariable("swing_time",swing_time);

SetGlobalVariable("bars_high",bars_high);

SetGlobalVariable("bars_low",bars_low);

if cvend-swing_time>0 then

SetGlobalVariable("swingend",(cvend-swing_time)+5);

if cvend-(swing_time*2)>0 then

SetGlobalVariable("swingend2",cvend-(swing_time*2)+5);

if cvend-(swing_time*3)>0 then

SetGlobalVariable("swingend3",cvend-(swing_time*3)+5);

if cvend-(swing_time*4)>0 then

SetGlobalVariable("swingend4",cvend-(swing_time*4)+5);

if cvend-(swing_time*5)>0 then

SetGlobalVariable("swingend5",cvend-(swing_time*5)+5);

if cvend-(swing_time*6)>0 then

SetGlobalVariable("swingend6",cvend-(swing_time*6)+5);

if cvend-(swing_time*7)>0 then

SetGlobalVariable("swingend7",cvend-(swing_time*7)+5);

if cvend-(swing_time*8)>0 then

SetGlobalVariable("swingend8",cvend-(swing_time*8)+5);

if cvend-(swing_time*9)>0 then

SetGlobalVariable("swingend9",cvend-(swing_time*9)+5);

}

End;

end;

end;

end;

Files:
float.mq4  4 kb
 

Hi,

I have float indicator for MT4 but in EX4 file only from Barry Stander web page

http://www.4africa.net/4meta/Indicators/

Cheers

Files:
float.ex4  21 kb
 

How to use an EX4 file? Float Indicator

Hello MFX,

Thanks for the assistance. I don't know however, how to turn the EX4 file into a usable .mq4 file?? Do you? When I open it from within MetaEditor I just get a message "Please download newest file." From where it doesn't say. If I turn the file you attached, into a .txt file and try to open it, it's just jibberish. Suggestions?

Thanks,

MJ

 

Hi,

ex4 file don't open in the Meta Editor.Copy to your paste C:Progam Files\MetaTrader\Experts\Indicators and restart your plataform, If you use iCustom mode it's running too.

Cheers

 

Guys, don`t waste your time.The last float , so as Barrys float for MT4 are rearanging themselves in history, so what they show is not true.

I haven`t seen any working version of the float indicator ( not the one with the MA`s, but one with Fibs and Histograms ) on any forum for the last year.

 

Thanks for the source file Barry.

 

I have tried the float indicator on mq4, it is true that its repaints itself sometimes. The float seems pretty reliable, but there is that small percentage. I have tried it on a demo for awhile many months ago, it seems that you can actually trade off of it, but not 100%. The float indicator posted here is different way different from the one I have used.

 
et_phonehome_2:
I have tried the float indicator on mq4, it is true that its repaints itself sometimes. The float seems pretty reliable, but there is that small percentage. I have tried it on a demo for awhile many months ago, it seems that you can actually trade off of it, but not 100%. The float indicator posted here is different way different from the one I have used.

which one are you using, can you post please?

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