AVERAGE CANDLE RANGE DASHBOARD INDICATOR

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ACR DASHBOARD INDICATOR

Hi,

I am here requesting, humbly, from you talented coders of the mql5 community, a multi-symbols and multi-timeframes dashboard indicator:

the ACR dashboard indicator.

Please find attached below an excel snapshot as an illustration of what I am soliciting.

As you will see from the excel picture, the dashboard is to be populated by the ACRs of each timeframe (9 timeframes: m1, m5, m15, m30, H1, H4, D1, W1, MN) for a maximum of 9 selected symbols or assets.

The ACR stands for AVERAGE CANDLE RANGE. The formula is as follow:

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-with n being the period of calculation

-with (H1 – L1) being the highlow range or size of the first previous candle.

This simply means that the current period candle range is not to be included in the ACR calculation.

So the user will be able to select up to 09 symbols at a time.

And the indicator will display, for each of the symbols, the ACR of each of the 09 timeframes, each timeframe ACR having its own period n.

There will then be for each symbol, 09 columns: ACRm1, ACRm5, ACRm15, ACRm30, ACRH1, ACRH4, ACRD1, ACRW1 and ACRMN.

To these 9 columns, are added 2 extra columns: ACR RATIO T and MOD RATIO M.

The ACR RATIO T is simply the division of the ACR of a higher timeframe HTF to an ACR of a timeframe lower LTF.

With LTF>=m1

HTF<=MN

HTF>LTF

The user should then see an alarm, not as an error notification, but just a recommendation if the chosen LTF>=HTF: ‘Please you should select a LTF lower than HTF’

The MOD RATIO M is simply: M = T – 1

One important feature about either one of these 2 last columns, is the sorting of the symbols in descending order.

If we consider the excel file, we are talking about sorting the array of data from row 5 to row 15 and column B to column N, by descending order of either T or M.

And to avoid visual confusion in finding which asset has a corresponding T, I have opted to add an additional symbols column close to the T and M columns.

Enough of the description. Let’s head to the inputs.

So the inputs come as setting entries for the symbols, the different ACR periods n, the higher and lower timeframes for the ACR ratio T. They also come as basic aesthetics which have been divided to reflect the organisation of the dashboard.

Symbols……………………………………………………….

Symbols (with space not comma) up to 9: EURUSD GBPUSD USDJPY DE30 USDCAD USDCHF EURGBP GBPJPY XAUUSD

………………………………………………………………...

………………………………………….……………………..

ACR PERIODS n……………………………………………..

n m1:  520

n m5:  480

n m15:  460

n m30:  420

n H1:  400

n H4:  360

n D1:  240

n W1:  104

n MN:  72

………………………………………………………………...

………………………………………………………………...

ACR RATIO T………………………………………………...

HTF higher timeframe: W1

LTF lower timeframe:  H4

DESCENDING ORDER SORING: true

………………………………………………………………...………………………………………………………………...

COLOURS AND FONTS…………………………………….

………………………………………………………………...

acr periods header and n: yellowgreen

acr periods header italic font: indianred

n values italic font: darkorange

………………………………………………………………

symbols header: steelblue

symbols header font: black

symbols: lightskyblue

symbols font: black

………………………………………………………………

acr TF: teal

acr TF font: black

………………………………………………………………

acr values: lightcyan

acr values font: black

………………………………………………………………

T header: khaki

T header font: black

T values: lemonchiffon

T values font: black

………………………………………………………………

M header: sandybrown

M header font: black

M values: peachpuff

M values font: black

………………………………………………………………

footer title: plum

footer title font: black

footer personal message: lightskyblue

footer personal message font: black

………………………………………………………………

Personal message 90 characters max: A BETTER VIEW OF THE MARKET

Thanks a lot for reading through.