
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Simulates equi-volume charts
But that can not be done with 100% accuracy. Am I right?
No 100% accuracy? What do you mean? 89,37% accuracy?
At first read this: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:equivolume
It can't be done, because every bar must have its individual width. MT4 is very socialistic in that domain. This attemp of a 'simulation' (Volume_2_1.mq4) is well-meant, but absolutely useless.
No 100% accuracy? What do you mean? 89,37% accuracy?
At first read this: http://stockcharts.com/school/doku.p...sis:equivolume
It can't be done, because every bar must have its individual width. MT4 is very socialistic in that domain. This attemp of a 'simulation' (Volume_2_1.mq4) is well-meant, but absolutely useless.Yes, it doesn't work as I had hoped.
Would you know of an alternative?
I think a dynamic time scale is a very special case and only very few platforms have it (have found only descriptions) and then it is the only feature it has. I'm not sure whether Matlab can do this, but if, then Matlab. But no, I have no experience in making a trading chart with Matlab yet.
tropicalrecon
Try it out now : volume_2_1.v4.mq4
Mr.mladen its possible to add (spudfibo) indi with (rsi) on same indicator window base on yesterday high and low
pls check it
SpudFibo.mq4
Mr.mladen its possible to add (spudfibo) indi with (rsi) on same indicator window base on yesterday high and low
pls check it
SpudFibo.mq4I am afraid I do not understand.
Do you mean to have a fibo of rsi?
I am afraid I do not understand.
Do you mean to have a fibo of rsi?TRADERSM
that does not make too much sense on rsi (due to the nature of rsi)
Mr.mladen its possible to add (spudfibo) indi with (rsi) on same indicator window base on yesterday high and low
pls check it
SpudFibo.mq4You can pick 0.236, 0.382, 0.500, 0.618 and 0.786 as levels in your indicator and as period 8 (or another Fibo-number). It's quiet strange and the results are hmm, let's say not good but ok. You can also try Dynamic Zone RSI or Flaoting Level RSI. Fibo in the markets is a bit like a self-fulfilling prophecy.
You can pick 0.236, 0.382, 0.500, 0.618 and 0.786 as levels in your indicator and as period 8 (or another Fibo-number). It's quiet strange and the results are hmm, let's say not good but ok. You can also try Dynamic Zone RSI or Flaoting Level RSI. Fibo in the markets is a bit like a self-fulfilling prophecy.
I think that the major problem of using fibos on rsi is that rsi is bound and that way the fibos are losing their purpose. But that is my opinion only - no math proof of that