About replacing envelopes with Keltner channel in OBV bands indicator : Keltner channel uses average true range for channel construction. Since it (ATR) does not depend on the values of the indicator itself, values of ATR are far beyond values of OBV (especially on higher time frames where the volumes (ticks) used for calculation are very high) For that reason it simply is not applicable to OBV indicator
_______________________
PS: Just in order that you can test what I am talking about : attaching the indicator with ATR bands (that would be Keltner channel) but for the example on the picture I had to use a multiplier equal to 1.000.000 (one million) in order to make those channels visible at all. And you will have to adjust multiplier for each and every time frame and symbol. That is why it was never posted (the indicator) till now
traderduke: mladen
My request appear to have gotton lost in the shuffle, any chance you could revisit them # 5699 & 5700
Hey mladen i want to know if it is possible to add more levels to your pivot indicator.
adding minor levels or "halfway" pivots that are between the levels 50 %. No text for them only the lines text would make chart to blurry. maybe add option for "show mid levels" if you want them or not.
Unfortunately that one can not be made to do so. It is using drawing buffers, and as you know there is a limit of 8 drawing buffers in metatrader 4 which limits it and make impossible to add more levels to it
the1_one: Hey mladen i want to know if it is possible to add more levels to your pivot indicator.
adding minor levels or "halfway" pivots that are between the levels 50 %. No text for them only the lines text would make chart to blurry. maybe add option for "show mid levels" if you want them or not.
what if you duplicated that indicator to only make the minor levels so if i add the second indicator maybe call it "Pivotpoints minor levels" then i would have all the lines but use 2 indicators?
if its not to much work it would be really kind of you
the1_one: what if you duplicated that indicator to only make the minor levels so if i add the second indicator maybe call it "Pivotpoints minor levels" then i would have all the lines but use 2 indicators?
if its not to much work it would be really kind of you
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I would greatly appreciate if someone could add asound alertand a PctFilter to theDouble smoothed EMA 2indicator.Thanks in advance!
miguelmio
You mean like step MA?
I would greatly appreciate if someone could add asound alertand a PctFilter to theDouble smoothed EMA 2indicator.Thanks in advance!
mladen
My request appear to have gotton lost in the shuffle, any chance you could revisit them # 5699 & 5700
Thank you
Ray
Ray
About tradestation conversion : sorry.
About replacing envelopes with Keltner channel in OBV bands indicator : Keltner channel uses average true range for channel construction. Since it (ATR) does not depend on the values of the indicator itself, values of ATR are far beyond values of OBV (especially on higher time frames where the volumes (ticks) used for calculation are very high) For that reason it simply is not applicable to OBV indicator
_______________________
PS: Just in order that you can test what I am talking about : attaching the indicator with ATR bands (that would be Keltner channel) but for the example on the picture I had to use a multiplier equal to 1.000.000 (one million) in order to make those channels visible at all. And you will have to adjust multiplier for each and every time frame and symbol. That is why it was never posted (the indicator) till now
mladen
My request appear to have gotton lost in the shuffle, any chance you could revisit them # 5699 & 5700
Thank you
RayAdding Minor levels
Hey mladen i want to know if it is possible to add more levels to your pivot indicator.
adding minor levels or "halfway" pivots that are between the levels 50 %. No text for them only the lines text would make chart to blurry. maybe add option for "show mid levels" if you want them or not.
plz check if it is possible thank you
pivot_points.mq4
the1_one
Unfortunately that one can not be made to do so. It is using drawing buffers, and as you know there is a limit of 8 drawing buffers in metatrader 4 which limits it and make impossible to add more levels to it
Hey mladen i want to know if it is possible to add more levels to your pivot indicator.
adding minor levels or "halfway" pivots that are between the levels 50 %. No text for them only the lines text would make chart to blurry. maybe add option for "show mid levels" if you want them or not.
plz check if it is possible thank you
pivot_points.mq4what if you duplicated that indicator to only make the minor levels so if i add the second indicator maybe call it "Pivotpoints minor levels" then i would have all the lines but use 2 indicators?
if its not to much work it would be really kind of you
Will see what can be done
what if you duplicated that indicator to only make the minor levels so if i add the second indicator maybe call it "Pivotpoints minor levels" then i would have all the lines but use 2 indicators? if its not to much work it would be really kind of you
thank you would be really great many pairs respect the weekly mid pivots so really good to have them on chart
mladen
Yes. The link of the indicator is this
https://www.mql5.com/en/forum/general
Thank you