Wow, I never realized that you could access a offline chart from another online chart. Have you tried this with backtesting before?
Anyway this looks like the perfect solution.
Checking to see if you have any breakthrough with this yet. Thanks.
I want to know if it is possible to take the chart below to the regular chart - Foreign Exchange Live Charts - FXstreet.com
See the candle on the chart, I also want to make an effective expression of it on the sub_indicator as “chg” is changing its color to green or red.
My idea is that it would be better to have “0” as a reference so when the value of “chg” is larger than 0 it is green and lower than 0 it is red. Sometimes the chart on the link is not showing the data in real time I guess it is the problem of compatibility in java. At times the data is not reflected in real time but just stop for a while, and you move to the website again then you find things being changed a lot compared to the previous one. If it is not problem of java, it is the real problem.
I am not sure whether there is a better solution, personally I have idea like below.
The picture below is showing the changes of “chg”. It also requires MTF function.
Taking a previous bar as a reference, when the “chg” changes its color from red to green its value is larger than 0. Therefore it shows a green bar like the picture and the bottom of the candle shows a green arrow. Likewise with the same reference, when the “chg” changes its color from green to red, its value is smaller than 0. As you see in the picture it shows a red bar and the top of the candle shows a red arrow.
P.S. It is freezing cold out there. I would like you to take care in the cold weather. And happy new year.
I am afraid I do not understand. What does the "if it is possible to take the chart below to the regular char" mean?
Hi Mladen, was wondering if there has been any progress on this? Thanks for your time.
I am working on it. As soon as there is a finished version it will be posted here
Thanks for your time Mladen. I look forward to it.
I apologize for that the expression ‘whether it brings to the chart or not’ is doubtful somewhat to you.
In the chart of the link, there is “chg” in each candle. This is to see this data “chg” in MT4 having regular chart(M1, M5, M15…). In your heard contents before, the picture explains when chg data of H1 is seen in M5.
Here is a version that does that. But it does not use only the current close price - it uses current high, low and open for the projection too (since all 4 prices are needed for the calculation of volatility quality). To mark what is a subject of change, you have a colored square on the indicator
Thanks Mladen, just installed and testing it.
1. Is this a one bar projection, somehow it looks like a two bar projection.
2. I suppose when price changes, projection would also change?
3. Regarding the use of current high and low, instead of just the close, I think projections will almost always be an increase if it is below zero, and a decrease if it is above zero. Is there anyway to avoid using the high and the low?