Requests & Ideas, the beginning - page 111

[sebatian]

techmac:
Simulates equi-volume charts

But that can not be done with 100% accuracy. Am I right?

[krelian99]

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.

[tropicalrecon]

krelian99:
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?

[krelian99]

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.

[TRADERSM]

mladen:

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

[Mladen Rakic]

TRADERSM:

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

I am afraid I do not understand.

Do you mean to have a fibo of rsi?

[TRADERSM]

mladen:

I am afraid I do not understand.

Do you mean to have a fibo of rsi?

[Mladen Rakic]

TRADERSM:

TRADERSM

that does not make too much sense on rsi (due to the nature of rsi)

[krelian99]

TRADERSM:

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

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.

[Mladen Rakic]

krelian99:

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