Multi Timeframe Indicators - page 397

Mladen Rakic
153784
Mladen Rakic  

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Sorry, but if the indicator does not show the correct current value of the higher time it is doing wrong. It is by definition called a "repainting". If the higher time frame indicator value is nn than it must show nn otherwise it is simply misleading the user

Just imagine : user looks at the 5 minute chart and sees some value and then goes to 4 hour chart and sees, to his surprise, some completely different value. That is why it is a "repainting" (and in this case a real repainting, not what multi time frame indicators do in their normal work)

styan:
But while the H4 is not closed, we can not be sure that it is the final value
jacktrader
88
jacktrader  

Hi Guys!

Not sure if this renko indicator exist or not but im looking for an indicator that shows both ie. 5 pips and 10 pips box together on a chart, sort of like multi renko bars indicator.

Is this possible?

Jack

styan
6
styan  
mladen:
Sorry, but if the indicator does not show the correct current value of the higher time it is doing wrong. It is by definition called a "repainting". If the higher time frame indicator value is nn than it must show nn otherwise it is simply misleading the user Just imagine : user looks at the 5 minute chart and sees some value and then goes to 4 hour chart and sees, to his surprise, some completely different value. That is why it is a "repainting" (and in this case a real repainting, not what multi time frame indicators do in their normal work)

Yes, I understand your example, but I would not call repainting, because only the unclosed bar changing until it's not closed (in your example the last H4 candle is the last bar). The real repainting indicator is change the closed values backward too.

Unfortunately while the H4 is not closed, the both conception is wrong, because:

  • if weighted: yes, then it isn't show the correct values, but not confusing the moving
  • if no weighted: it's show the correct values, but confusing when in the first minute up to 20-30% of the value can change
engula
204
engula  
engula:
hi mladen,

i tried to follow the indi realtime and with the tester, but i can't understand if the previous bar is changing or not. my bad, my eyes...

would it be possible to add a vertical line in the subwindow on the closed (and not going to be repainted) bar?

a line would be better for me compared with an arrow.

sorry for this additional modification and thanks again.

hi mladen, forgot to mention that the event should be the cross of the zero-line...

Mladen Rakic
153784
Mladen Rakic  

...

Sorry

But I do not understand : are you referring to a case when you wanted the MTF HP filter change just the current bar (the "adding the repainting" to that indicator)? If yes, if you changed the loop as suggested it should do that

engula:
hi mladen, forgot to mention that the event should be the cross of the zero-line...
engula
204
engula  
mladen:
Sorry But I do not understand : are you referring to a case when you wanted the MTF HP filter change just the current bar (the "adding the repainting" to that indicator)? If yes, if you changed the loop as suggested it should do that

yes mladen, i think too that it's working as i expect. the additional vertical line was intended as visual help to have it confirmed 100%, but it doesn't matter. thanks again for your time and help with my 'crazy' requests...

Mladen Rakic
153784
Mladen Rakic  

Hull ribbon multi time frame ...

Multi time frame version of hull ribbon with alerts ...

Updated version posted here : https://www.mql5.com/en/forum/173574

Mladen Rakic
153784
Mladen Rakic  

Hull variation multi time frame ...

And the "Hull variation" ribbon made multi time frame. For some additional info on what is different in the "variation" and how it should be set up, read this post : https://www.mql5.com/en/forum/174961/page3

Updated version posted here : https://www.mql5.com/en/forum/173574

Mladen Rakic
153784
Mladen Rakic  

NonLag MA slope ...

Multi time frame version NonLag MA slope ...As usual, it is a standalone indicator (no need for a separate non lag ma indicator in order to work)

Updated version posted here : https://www.mql5.com/en/forum/173574

secretcode
898
secretcode  
mladen:
Multi time frame version NonLag MA slope ...As usual, it is a standalone indicator (no need for a separate non lag ma indicator in order to work)

Thanks Mladen

Simply Great !