Multi Timeframe Indicators - page 405

Le Cuong
79
Le Cuong  
newdigital:
Hi cuongcali,

Mladen is right: it is not repainting. It is continuing painting H4 bar on H1 chart.

example - H1 bar started and H4 bar started ... first H1 bar closed and second H1 bar was started ... first H4 bar did not close yet ... and so on.

How many H1 bars inside one H4 bar?

4, right?

When H4 bar will be closed in our case? It will be closed when 4th H1 bar will be closed ...

So, it is how multi timeframe indicators are working: they are paiting high timeframed bars on lower timeframe chart.

Some traders are using custom candle indicator just to understand when higher timeframed bars will be closed on lower timeframed chart (because it is difficult to see sometimes on the chart sorry).

many many tks mladen and newdigital i was understand !

goldenequity
97
goldenequity  

MTF Close Dot Indicator

Hi Mr. Tools!

I've been on the hunt for a simple mtf indicator that prints a DOT at a chosen period close.

I have a simple dot indicator but it's not MTF.

closedots.mq4closedots.ex4

The one needed would for example

print the close of an H1 candle on a 5 minute chart

or the close of an H4 candle on a 15 minute chart.

Thanks so much for any help on this mladen Randy

Files:
goldenequity
97
goldenequity  

MTF Close Dot Indicator

forgot to ask...

It would be really helpful if the printed close dot

had a countdown clock next to it

counting down to the next dot.

Thanks so much for this.

The way I use this is with a simple line chart on a small tf. (5M/1M)

I draw lines at the previous Hi and previous Lo

between previous and current dot.(higher tf's 1H/4H)

They become target pivot points (S&R) and dictate current candle range for take profit.

This will save a lot of time and hand drawing. Thanks again.

Mladen Rakic
154061
Mladen Rakic  

...

goldenequity

Not an answer from mrtools but me, but anyway, here you go

The close dot of the higher time frame is plotted on the last bar belonging to the target time frame bar not the first as usually is done (for example : 1 hour close price on a 5 minute chart will be plotted at nn:55 minutes not on nn:00 minutes) I thought that it would be more logical that way

If you want the the other way just find a line that goes like this :

int x = iBarShift(NULL,timeFrame,Time);

end replace the "--" with "+"

goldenequity:
Hi Mr. Tools!

I've been on the hunt for a simple mtf indicator that prints a DOT at a chosen period close.

I have a simple dot indicator but it's not MTF.

closedots.mq4closedots.ex4

The one needed would for example

print the close of an H1 candle on a 5 minute chart

or the close of an H4 candle on a 15 minute chart.

Thanks so much for any help on this mladen Randy
Files:
xx3xxx
1754
xx3xxx  
mladen:
goldenequity

Not an answer from mrtools but me, but anyway, here you go

The close dot of the higher time frame is plotted on the last bar belonging to the target time frame bar not the first as usually is done (for example : 1 hour close price on a 5 minute chart will be plotted at nn:55 minutes not on nn:00 minutes) I thought that it would be more logical that way

If you want the the other way just find a line that goes like this :

int x = iBarShift(NULL,timeFrame,Time);
end replace the "--" with "+"

the easy and profitable thread guys should be HAPPY

this is a truly MTF indicator

the lightblue dots is the price of last 4 hours TF , where the price were

this way, people could see the ending of 4 hours TF (this candle) and place their bet in the next 4 hours accordingly

goldenequity
97
goldenequity  
mladen:
goldenequity

Not an answer from mrtools but me, but anyway, here you go

The close dot of the higher time frame is plotted on the last bar belonging to the target time frame bar not the first as usually is done (for example : 1 hour close price on a 5 minute chart will be plotted at nn:55 minutes not on nn:00 minutes) I thought that it would be more logical that way

If you want the the other way just find a line that goes like this :

int x = iBarShift(NULL,timeFrame,Time);
end replace the "--" with "+"

Thanks for the quick response. Nice!

I'm playing with it now.... 1M linechart / 1H dots.

It looks to be EXACTLY the simple tool I needed.

It will show me the intra-period retrace entries I'm hunting for...

the closer to the dot the better...

I will look at the 5M / 4H setup as well.

Specifically I'm using it on the GBPUSD.... Frankfort/London session... candles often 18-25pips each

that's the target for profit taking.

there are many, many 1H candle stems that reside very close to one another

those are the opportunities for a clean entry and small SL....

This will work for me.

Thanks again.

Randy

Here is a sample chart with your MTF mod

GBPUSD 1M / 1H dot

the gray rectangle is 20 pips (for scale)... I keep it handy..

until I start to see swings that come close to it

then drag it over a current entry in play to give the TP some scale.

If that makes sense...

Thanks again.

Files:
closedots.png 21 kb
toddanderson
495
toddanderson  

demark range forcast indicator

Could some make this indicator into a multi time frame MTF

it is a demark range forcast indicator

Forecasting of Price Ranges - MQL4 Code Base

Files:
drp2.gif 26 kb
drp2.mq4 3 kb
goldenequity
97
goldenequity  
mladen:
goldenequity

Not an answer from mrtools but me, but anyway, here you go

The close dot of the higher time frame is plotted on the last bar belonging to the target time frame bar not the first as usually is done (for example : 1 hour close price on a 5 minute chart will be plotted at nn:55 minutes not on nn:00 minutes) I thought that it would be more logical that way

If you want the the other way just find a line that goes like this :

int x = iBarShift(NULL,timeFrame,Time);
end replace the "--" with "+"

Hi mladen....

I did find a need to make the change you describe

(on the 1H chart it prints on the 3rd hr bar close instead of the 4th bar)

I understand why it does this.... and is no problem on the 1M charts etc.

I would like to make the code change you suggest

and I found the line of code that needs the adjustment...

but

I am not finding the "--" to replace it with "+"

per your instructions.

sorry... it's probably there...

I'm just not seeing it.

HELP (please)

thx

I will try this change (and see if it works )

replace this

int x = iBarShift(NULL,timeFrame,Time);

with

int x = iBarShift(NULL,timeFrame,Time);

is that what you meant???

update:

no... that didn't work.

coding is not my thing.

Files:
closedot.png 26 kb
Mladen Rakic
154061
Mladen Rakic  

Yes

That is the exact place where you should change it

goldenequity:
Hi mladen....

I did find a need to make the change you describe

(on the 1H chart it prints on the 3rd hr bar close instead of the 4th bar)

I understand why it does this.... and is no problem on the 1M charts etc.

I would like to make the code change you suggest

and I found the line of code that needs the adjustment...

but

I am not finding the "--" to replace it with "+"

per your instructions.

sorry... it's probably there...

I'm just not seeing it.

HELP (please)

thx

I will try this change (and see if it works )

replace this

int x = iBarShift(NULL,timeFrame,Time);

with

int x = iBarShift(NULL,timeFrame,Time);

is that what you meant???
goldenequity
97
goldenequity  

hmmmmmmmm....

ok... I'm probably trying to do something w the indicator

that it doesn't want to do.

I'm layering the indicator twice...

once for 1H

and again for 4H...

Both are printing...

but the 4H dot prints at the close of the 3rd 1H bar...

like so:

If I made the correct code change....

so be it.

Maybe I can play with it long enough to get it to shift.

Don't scratch your head over this mladen

you've done your job and done it well.

Thanks so much friend.

Files:
4hr_1hr.png 58 kb