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ExtremeFinder DEMO

1

Description:

ExtremeFinder DEMO analyze chart and find local extremes - maximum and minimum. Searched extreme is always of opposite type then previous. Local extreme is confirmed when price difference is higher then set price difference, but not sooner then after set number of candles. Two different types of Local extreme confirmation are performed: Normal for common Price changes, Quick for steep Price changes. Price difference to confirm local extreme can be set as absolute value, in percent of local extreme price or as a multiple of ATR in time of local extreme. Confirmed local extreme is depicted by filled circle, unconfirmed by blank circle.

Settings:

Number of candles to confirm common extreme: When Price moving reasonably, Local extreme can't be confirmed sooner then after set number of candles. Default value is 16.

Number of candles to confirm steep extreme: When Price moving steeply (price move below previous Local min or above previous Local max), Local extreme can't be confirmed sooner then after set number of candles. Default value is 4.

Price method to confirm extreme: Method to determine price difference to confirm local extreme. Following can be selected:

  • ABSOLUTE: Current price and local extreme price difference to confirm local extreme is set as absolute value. NOT AVAILABLE IN DEMO.
  • ATR: Current price and local extreme price difference to confirm local extreme is set as multiple of ATR value in the time of local extreme. NOT AVAILABLE IN DEMO.
  • PERCENT: Current price and local extreme price difference to confirm local extreme is set in percents of price of local extreme

Price difference parameter to conf. extreme: Parameter to calculate price difference to confirm local extreme. Meaning differs in dependence of previou parameter:

  • For ABSOLUTE method: Absolute price difference shall be set. Range is 0 to instrument price. NOT AVAILABLE IN DEMO.
  • For ATR method: Multiple of ATR shall be set. Value shall be above 0. NOT AVAILABLE IN DEMO.
    • Example: Pending local maximum price is 12300, ATR at pending local max. time is 38, Price difference parameter is 2.
    • Pending local maximum will be confirmed when price drops to 12300 - (38 * 2) = 12224.
  • For PERCENT method: Percents of local extreme price shall be set. Range is 0 to 100.

ATR period if ATR selected as conf. method: ATR period (if ATR selected as price method). Default value is 14.


DEMO RESTRICTIONS:

Only PERCENT value can be selected and set as local extreme price difference confirmation mechanism.

Indicator WORK ONLY ON M30 TIMEFRAME.

Full version of ExtremeFinder can be found in paid section.

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First of all Its worth emphasizing here that this Trading Tool is Non-Repainting Non-Redrawing and Non-Lagging Indicator Which makes it ideal for professional trading . The Smart Price Action Concepts Indicator is a very powerful tool for both new and experienced traders . It packs more than 20 useful indicators into one combining advanced trading ideas like Inner Circle Trader Analysis and Smart Money Concepts Trading Strategies . This indicator focuses on Smart Money Concepts providing in
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ContiStat restricted - Free DEMO version of the ContiStat indicator Free version of the indicator is ment as DEMO of full paid version. Full functionality is available, however The indicator work only on M30 chart period . Find the ContiStat indicator for full functionality Brief description The ContiStat indicator calculate statistic frequency of green (up) and red (down) movement in the chart and determine movement dynamics (silver curve). There are two key parameters to understand the Conti
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ContiStat restricted - Free DEMO version of the ContiStat indicator Free version of the indicator is ment as DEMO of full paid version. Full functionality is available, however The indicator work only on M30 chart period . Find the ContiStat indicator for full functionality Brief description The ContiStat indicator calculate statistic frequency of green (up) and red (down) movement in the chart and determine movement dynamics (silver curve). There are two key parameters to understand the Cont
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Brief description TrendWatch DEMO indicator analyze chart trend strength and acceleration. Analysis is based on close price SMA with configurable period. Result is given as set of two curves in the indicator window. Blue (default color) curve identify trend direction and strength. Yellow curve (default color) identify trend tendency to accelerate/deceleare. Scale of curves is normed to maximal value in given time period. DEMO version is restricted. See list of restrictions at the bottom. Find
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DataGrabber store selected instrument history to .csv files. It's purpose is to automatically create extensive history database. DataGrabber is added to the selected instrument chart window as an indicator. It periodically check presence of bar data on the server and presence of .csv files on client PC (local database). If missing files detected in local database, it's created, filled with data and added to the database. Range of bar history in days beeing checked on server is configurabl
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DataGrabber The database creator DataGrabber store selected instrument history to .csv files. It's purpose is to automatically create extensive history database. DataGrabber is added to the selected instrument chart window as an indicator. It periodically check presence of bar data on the server and presence of .csv files on client PC (local database). If missing files detected in local database, it's created, filled with data and added to the database. Range of bar history in days bee
ExtremeFinder
Matous Bartl
5 (1)
Description: ExtremeFinder analyze chart and find local extremes - maximum and minimum. Searched extreme is always of opposite type then previous. Local extreme is confirmed when price difference is higher then set price difference, but not sooner then after set number of candles. Two different types of Local extreme confirmation are performed: Normal for common Price changes, Quick for steep Price changes. Price difference to confirm local extreme can be set as absolute value, in percent of l
Brief description TrendWatch indicator analyze chart trend strength and acceleration. Analysis is based on close price SMA with configurable period. Result is given as set of two curves in the indicator window. Blue (default color) curve identify trend direction and strength. Yellow curve (default color) identify trend tendency to accelerate/deceleare. Scale of curves is normed to maximal value in given time period. Both curves can be additionally smoothed using configurable SMA and/or set to
ContiStat
Matous Bartl
Brief description The ContiStat indicator calculate statistic frequency of green (up) and red (down) movement in the chart and determine movement dynamics (silver curve). There are two key parameters to understand the ContiStat principle: Block height and Block count . The ContiStat engine convert instrument price chart move to Blocks of constant height (price) regardles of how much time it take. Example 1: Block height is set to 50. DE30 index price make move from 15230 to 15443 in an hour. 4 g
Brief description The ContiStat indicator calculate statistic frequency of green (up) and red (down) movement in the chart and determine movement dynamics (silver curve). There are two key parameters to understand the ContiStat principle: Block height and Block count . The ContiStat engine convert instrument price chart move to Blocks of constant height (price) regardles of how much time it take. Example 1: Block height is set to 50. DE30 index price make move from 15230 to 15443 in an hour. 4 g
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SandPaddict
129
SandPaddict 2022.09.24 18:13 
 

Bait and switch. Limited usage.

ThorstenKock
2584
ThorstenKock 2020.10.27 18:22 
 

Bugging, repainting, useless

Matous Bartl
2407
Reply from developer Matous Bartl 2020.11.10 10:43
Thank you for bug reporting. It helped me to find and fix it.
Reply to review
Version 3.10 2021.12.26
Unused parameters deleted
Version 3.0 2021.12.26
New Extreme detection engine implemented + new features. In case of inconveniences, please dowgrade to verison 1.00 and give a feedback.