now the link above works correctly
You should discard it.
In any case made one that is coded properly. The problem with the version 2 is the "classical" problem (the same one that was made in "Solar wind" for example) : calculations are done from "right to left" and values that are supposed to be previous values are in fact future values that way. It is a usual error when people get caught in the i+1 or i-1 trap
I was recently asked to evaluate the "Sidus" indicator which is nothing else than a cross-over of 2 EMAs, but adding a RSi to it.
First thing I noticed was that it does not update and when it does, it is usually in a haphazard way. With my limited knowledge, I looked at the code and discovered that Lines 117 and 124 were identical and thought that Line 117 should be changed to +5 in stead of -5 as in Line 124.
Would you please be kind enough to look at the code and see if you can find anything "strange" in the code and also comment on Line 117 change I made.
Finally, could you possibly get it to update in real-time as I would like to spend a little extra time in testing this combination before discarding it entirely.
Thank you ever so much Mladen. Much appreciate you! If this is "a MACD by another name", what is there currently to beat the "macd_HL" anyway? Great indicator from a great developer / coder. Because of the trouble you took to redesign it, I will however continue to test it for the rest of the week on the same TF that the macd_HL is running.
Wishing you a great day.
do you have this indicator on your database, it's called "WEC Volatility", i canot find it
I do not have it sorry.
Mladen can you please make a histogram of the past values of this indicator? I have noticed that it is quite useful. If the buyers and sellers are shown as negative, please make a negative histogram value in that case, as it means that there is a shortage of buyers and sellers. I know that this is not the whole market, but only the section of the market that the broker sees. The indicator calculates the values for every bar separately so it should not be difficult to make a histogram. Thank you.
Ok thanks anyway newdigital
Anyone else (perhaps Mladen) ? it's really difficult to find it
Can someone please try and extend the lines in this indicator; it is desperate to be updated and i think it is a good indy.
Here you go, but I am not sure what exactly can it be used for. The calculations are done the same way as in Buyers and Sellers indicator. Essentially it is a volume modified ratio of Bulls and Bears indicator.
Thank you very much for your effort. However, this indicator is not quite what I was looking for. The indicator has the option period and when I change the period I get different results. This is not quite right. 'Period' is irrelevant for what I was trying to do. The original indicator I posted calculates the number of buyers and sellers on the brokers platform for the given candle only. Then it resets from the zero for the next candle. All that I am looking for is to see the history of these numbers on a histogram level. The indicator should not have any period option. Also I do not think that the original indicator takes volume into account, it just counts buyers and sellers.
The reason for this enquiry is a paper by MIG Forex I read about 6 months ago. In it, they describe that the retail section of the market predicts tops and bottoms in the forex market with about 90% accuracy. At tops, the majority of retailers buy and at the bottom the majority of retailers sell. If I am able to find this paper on my disk, I will put it here. Obviously, all that the retail market maker has to do is take the opposite position without offloading the risk in the real market (within a given risk limit ofcourse). Thank you very much in advance.