Flexible Time Charts for MT4 - page 2

To add comments, please log in or register
Blair
188
Blair  
biddick:
Painless, thanks for the great contrubution.Are there any more bar types which are not free(except point and figure)?

Hello,

RANGE, C_RANGE,

STEP, C_STEP,

RENKO, C_RENKO,

P&F, C_P&F,

LOG_RANGE, C_LOG_RANGE,

LOG_STEP, C_LOG_STEP,

VOL_RANGE, C_VOL_RANGE,

VOL_STEP and C_VOL_STEP,

The prefix C_ means combined Bid and Ask is used to build the bar. This is just another option as you can use the bid or ask to build the bar too. Thus in effect there are 7 different chart types.

LOG is logarithmic

Vol is volatility based - an ATR figure

The important thing is that this offers a bit of flexibility.

By the way if you are running another history chart building EA like Renko then you cannot allow a clash of filenames. I think the Renko uses M2 which is a tick chart (00:00:00) on FlexiChart.

cheers

Blair
188
Blair  

Time settings

Here are the possible time values

00:00:00

00:00:01

00:00:02

00:00:03

00:00:04

00:00:05

00:00:06

00:00:08

00:00:09

00:00:10

00:00:12

00:00:15

00:00:16

00:00:18

00:00:20

00:00:24

00:00:25

00:00:27

00:00:30

00:00:32

00:00:36

00:00:40

00:00:45

00:00:48

00:00:50

00:00:54

00:01:00

00:01:04

00:01:12

00:01:15

00:01:20

00:01:30

00:01:36

00:01:40

00:01:48

00:02:00

00:02:08

00:02:15

00:02:24

00:02:30

00:02:40

00:03:00

00:03:12

00:03:20

00:03:36

00:03:45

00:04:00

00:04:30

00:04:48

00:05:00

00:05:20

00:06:00

00:06:24

00:06:40

00:07:12

00:07:30

00:08:00

00:09:00

00:09:36

00:10:00

00:10:40

00:11:15

00:12:00

00:13:20

00:14:24

00:15:00

00:16:00

00:18:00

00:19:12

00:20:00

00:22:30

00:24:00

00:26:40

00:28:48

00:30:00

00:32:00

00:36:00

00:40:00

00:45:00

00:48:00

00:53:20

00:57:36

01:00:00

01:10:30

01:20:00

01:30:00

01:36:00

02:00:00

02:24:00

02:40:00

03:00:00

04:00:00

04:48:00

06:00:00

08:00:00

12:00:00

24:00:00

pavaka
4412
pavaka  

...

sorry painless...I am at work...read your message..unfortunately...my messages don't work properly last few days...couldn't answer...will give it a shot in the evening...if you need that little program do not hesitate to mention...on pm...

eKetas
22
eKetas  
painless:
2 pip range bar but unlike the "thing" that the person who charges 70 Euros or whatever, this one has gaps like it is supposed to. The significant value is the open by the way. Trust me on that one. This will be coming up in the future if this thread generates any interest.

Here is also one free range bar, you can compare how good this is link

Blair
188
Blair  

Anybody home?

Any errors? Any problems? Any comments? 12 Second chart is best for you? Anybody there?

I was so impressed with the potential of this that I have embarked on the creation of a complete charting/trading application. Perhaps it may generate a little in sales for me but to be honest it is what I want to trade with. This is not a trivial undertaking for one programmer. Yet here the silence is deafening. On another forum it is just disappearing into the void.

In between coding I have taken some positions off my 2 second chart. As soon as it has broken I move my stop to one pip. Now if you use your daily chart looking for a 3 day break or something similar then you are looking at a potential of 80 to 200 pips. If your stop is 2 or 3 pips at say 1% of your account risked then the return is 26% to 66%. I would wait 2 weeks for that scenario. I only need to check the daily charts once a day. if you trade off price action then having a finely tuned entry will only catch a few more pips. However assuming you trade with a fixed risk as I do then the potential increase in dollar terms going from a 20 pip stop to a 2 pip stop is 1000%.

This is what I see as soon as I looked at these charts. I have 2 chart patterns that I trade and they work just as well on a 2 second chart as a 15 minute chart. Any kindred spirits out there?

cheers

Blair
188
Blair  
Pava:
sorry painless...I am at work...read your message..unfortunately...my messages don't work properly last few days...couldn't answer...will give it a shot in the evening...if you need that little program do not hesitate to mention...on pm...

I tried PM again Pava but I guess you are still having problems. Did you get the charting sorted?

pavaka
4412
pavaka  

....

didn't get pm...no...I can't make it work for some reason...explain the steps...my email is pava_v at yahoo dot com

pavaka
4412
pavaka  

...

one other problem:...I use mtf indicator and place moving average on it to see the trend...even if I get 2 second chart...I won't be able to use that strategy....

lumanauw
21
lumanauw  
painless:
Any errors? Any problems? Any comments? 12 Second chart is best for you? Anybody there?

I was so impressed with the potential of this that I have embarked on the creation of a complete charting/trading application. Perhaps it may generate a little in sales for me but to be honest it is what I want to trade with. This is not a trivial undertaking for one programmer. Yet here the silence is deafening. On another forum it is just disappearing into the void.

In between coding I have taken some positions off my 2 second chart. As soon as it has broken I move my stop to one pip. Now if you use your daily chart looking for a 3 day break or something similar then you are looking at a potential of 80 to 200 pips. If your stop is 2 or 3 pips at say 1% of your account risked then the return is 26% to 66%. I would wait 2 weeks for that scenario. I only need to check the daily charts once a day. if you trade off price action then having a finely tuned entry will only catch a few more pips. However assuming you trade with a fixed risk as I do then the potential increase in dollar terms going from a 20 pip stop to a 2 pip stop is 1000%.

This is what I see as soon as I looked at these charts. I have 2 chart patterns that I trade and they work just as well on a 2 second chart as a 15 minute chart. Any kindred spirits out there?

cheers

I'm interested in your strategy, but don't understand both of them. Could you explain more gently?

Blair
188
Blair  

Hi All and now .....

A tick chart showing bid and ask. I still have the appearance of history errors on these tick and small range values. The tick chart will continue running regardless. However a small range on other chart types can trip multiple bars within the same second. Since I only allowed time charts on this version of FlexiCharts it is not important. I have seen over 2000 history errors showing as a result of running the tick chart. I think it is safe to assume that you can ignore them. Also the indi for the bid/ask lines is attached.

Cheers

Files:
tick.jpg 82 kb
To add comments, please log in or register