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MetaQuotes Software Corp.
Moderator
180428
MetaQuotes Software Corp. 2013.12.20 08:57 

Value Chart Deluxe Edition:

Value Chart as developed by David Stendhal. Value Chart was designed to show the valuation of the market.

Author: madhatt30

William Kreider
531
William Kreider 2013.12.19 21:14  
Please message me if you discover any issues with the indicator or if you just want to tell me how awesome this indicator is or you could just drop a quick comment and let everyone else know what you thought about it.
tm9
90
tm9 2013.12.25 14:48  

Very interesting! If I'm right,,,,the strategy looks for counter trend entries which have accuracy anywhere btw 60-65%...

Is it possible to turn it into a Non-lagging-MTF version?(& your EMAIL pls...)

MQL4 Comments
16319
MQL4 Comments 2013.12.26 09:08  

Hello,

There is a problem about candle in the indicator that are out of the chart . see attached

William Kreider
531
William Kreider 2013.12.27 00:17  
sideto:

Hello,

There is a problem about candle in the indicator that are out of the chart . see attached


I have notice that bug as well. I'm working on an update for that. Thanks for the heads up :)
William Kreider
531
William Kreider 2013.12.27 00:21  
tm9:

Very interesting! If I'm right,,,,the strategy looks for counter trend entries which have accuracy anywhere btw 60-65%...

Is it possible to turn it into a Non-lagging-MTF version?(& your EMAIL pls...)


To answer your questions. Yes if you were to take every single trade it would about 60-65%, however if you take a tick chart and wait for a pullback to a previous support/resistance area You should get about a 70-75% but I use a modified martingale strategy but thats another topic all together. as far as the MTF Non-Lagging Version I'll have to look at it and see if It is possible.
svengralla
116
svengralla 2013.12.30 20:06  

Interesting. Is this indicator the projection of a (5 Period) Bollinger Band?

William Kreider
531
William Kreider 2014.01.09 23:50  
svengralla:

Interesting. Is this indicator the projection of a (5 Period) Bollinger Band?




Sorry about the delay. Actually this indicator uses the ATR of the past 5 bars and Market Value Added (basically is the last 5 bars high-low added together) to calculate the bar. I left the formula for this in the code :)
William Kreider
531
William Kreider 2014.01.13 21:23  
madhatt30:
Please message me if you discover any issues with the indicator or if you just want to tell me how awesome this indicator is or you could just drop a quick comment and let everyone else know what you thought about it.


Do you have an idea for an indicator but can't code it. Hit me up on message. ~Freelance baby, Freelance.
MQL4 Comments
16319
MQL4 Comments 2014.01.15 13:56  

thank you very much for the hardwork and sharing this for free. looks very intrating.

Roman Buzinov
27
Roman Buzinov 2014.01.31 19:06  

Would you be able to add email notifications?

thank you

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