Chart Projection
FREE
Pubblicato:
13 agosto 2014
Versione attuale:
2.4
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Hi me again :)
forgot one question: based on which information or criteria does the indicator states UPtrend, DOWNtrend or NO TREND? Thanks.
Thanks for your interest .
1) Consult the entire box for Support and Resistance zones , the brighter it is the more significance it holds in the pair.
2)CP internally calculates the originating point of a trend and the moves that produce it. Trend dynamics is the completion based on the average up/down trend (measures its completion) and Move dynamics measures the current move in the pair since the last high/low (measures its completion as well).
The Now indication measures how many points in the "Trend" or the "Move" the market is , and the Average is how many points Trends or Moves (of that type) usually last for.
Now , these 2 indexes are based on general averaging of the pairs moves so if you ignore them you are not missing out on signals.
I would suggest you take into account the TRS Chart , which documents Highs and Lows within the trend . Use basic S+R on the TRS to gauge when a trend is about to end.
The LSE chart can help you with your stop placement as it measures the ascending and descending size of the moves in that pair.
Finally the projection will match the current state of the pair with a known specific state in its database to create the forecast.
If you select the projection to be based on S+R then the existing S+R levels will be tested internally and the forecast will be the result of
which and whether or not S+R levels may hold .
Hi, i have a tool which combines and tests indicators. I want to add Chart Projection Currency Strength lines into my Indicator tester program, but it does not work because the Chart Projection input:
Currency Strength All Pairs Bars (dont set below period) - Minimum Bars Required in all strength calculation pairs.
is too far down in the input settings. Can you re-code Chart Projection so that the input is somewhere at the top of the inputs? Like in the picture? I want to make a long term indicator test but my indicator tester program can only modify the first few input parameters of any indicator. Is what i want possible? Relocating the input to the top of the Inputs like in the picture? Thanks.
How many bars it takes into account for the price forecast calculation? I mean do we have to download history from the history center to get better results? Thank you
Hello Lev , the bars that are provided in input "CS All Pairs Bars"
There is no fixed amount , more history will let it capture more .
Hi, thank you!
Ok i understand. So does this mean it makes sense to download ALL the history through the MT4 history center to get most accurate forecast? Thanks
Hi Lorentzos,
I am running Chart Projection on my VPS on 28 charts at once and use the Projections together with my own trading system.
The problem is it really kills my VPS system, too resource heavy. I have already reduced max bars in chart in mt4 settings.
All i need are the projections. Nothing more. Could you give me the projection component only if possible?
This way the load on my VPS system would be much lower.
Thank you for all your help so far. :)I'll see what i can implement
The projection is the heaviest part (and QSR) .
I'll see what i can implement
Thank you .
TRS (TrendStrepper): Every higher high and higher low posts a "higher (+1)" dot on the chart , and , every lower high and lower low posts a "lower(-1)" dot on the chart.
LSE (LeftSide): Is the size of each "leg" leading up to a low or a high . Those under zero point to low legs(lines ending in lows-on the main chart) ,those over zero point to high legs(lines ending in highs-on the main chart).The averages on this chart indicate the average UpLeg size and DownLeg size respectively
The projection changed color ? are you using on mac ?
great works Sir, thanks for sharing.
Thank you
Hi,
I downloaded the Indicator, first of all incredible job! a beautiful indicator.
Im testing this week along with a Stochastic for good entries, or what other indicator you suggest we can use as filter?
Its there manual for the indicator?
many thanks
Rafael
Hi,
I downloaded the Indicator, first of all incredible job! a beautiful indicator.
Im testing this week along with a Stochastic for good entries, or what other indicator you suggest we can use as filter?
Its there manual for the indicator?
many thanks
Rafael
Thank mr Cadosh .
There is no manual as of yet .The best filtration for a reversal would be to see the Fast MA approaching the Slow MA (trend filtration) , to be more specific you want to see the "Leaf" shape of the 2 MA's reaching its closing point (before the cross)
That being said , an indicator with the above is also being built , a separate Free dedicated to Currency strengths indicator will be published as well , and the Trend indications on the deck will be updated due to them not being reliable enough.
Thank you
Set the Animation to "No" and it will display properly .