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BestTraderEv replied Mar 6, 2022I can think of a way. By using template. And by coding the Autorefresh for applying a specific template every chosen time interval. This can be done by new candle, or by OnTimer(). But, it still will have the downsides I wrote about, resetting the ...
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 6, 2022All I'm getting on Renko is this yellow, horizontal line at the very top of the indicator window. image When I drop the default MT4 Momentun indicator, I get this: image
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 6, 2022No, it won't work on Renko! You can't change between timeframes on Renko. I already thought about implementing Autorefresh long before anyone posted it here, but I decided to drop that topic, because of the mess it can potentially cause!
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 6, 2022The Autorefresh does not work on Renko, because it can not shuffle timeframes on an offline chart, non-timeframe chart, such as Renko. It works on standard timeframes, provided you can work with what I wrote before.
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 6, 2022Can you standardize versions 4.0 & 5.0 to version 3.0, please? In versions 4.0 & 5.0 you did not include this: image This fact causes a problem and the newer versions will not cooperate with my indicator, because iCustom() will be missing data ...
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 6, 2022OIY-PlanetX-Hist-v3.0.ex4 does not plot the Momentum on Renko charts! Adding the default MT4 Momentum indicator works properly.
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 6, 2022The colors are as follows: image #0 & #1 are Awesome Oscillator; #2 & #3 are STLM Oscillator; #4 & #5 are PlanetX Oscillator; #6 & #7 are PlanetX Oscillator markers; Oh, and I did not include the Momentum indicator data! If you want it, you can ...
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 6, 2022This is a very bad solution, especially when trader is using EA, or some other algorythm which presets variables in the OnInit() function, because this can then cause unexpected loss of money while trading!!! The Autorefresh works by force switching ...
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 6, 2022My work progress as of today: image Variable: PlotIndicator - allows to switch the whole indicator to "true"="On", "false"="Off"; Discription field - changing the text in this field does nothing to the indicator; Period - default period for the ...
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 6, 2022Step-by-step... Be patient.
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 6, 2022First of all, they employ mathematicians, often or almost always with degrees in higher maths. I even know of one fund manager who has a Nobel Prize. Second, they work on the best available connections, meaning directly at the exchange, where ...
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 5, 2022BTW, what Renko generator are you using? The problem may be in the Renko generator, not the indicator.
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 5, 2022If you are coding EA to the signals/markers it will never work. Like in any other case of indicator signals. This is because it is impossible to code for market changeability - the market changes - meaning that we will always get so called false ...
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 5, 2022Personally I am very negative about fully automated EA's. I am of the opinion that the sweet spot, or the way of the middle is when EA only serves as the helper and trader decides. EA just executes and calculates whatever is neccessary, risk ...
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 4, 2022Oh, cool, thanks, I was just going to code myself those on chart signals. I don't need the oscillator at all if I have this. This is all anybody needs to be a succesful trader. Of course, I will be looking at it all next week.
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 4, 2022I don't know about you, but I am looking for the best price I can get and already have enough information about possible swing. That is the role of a good indicator. If an indicator can not provide me that, it is just another average indicator. I ...
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 4, 2022Can you illustrate the idea with chart example?
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 4, 2022Sure, so the markers are, simply, useless, and we are better not seeing them!
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 4, 2022Ok, then you can program a minimum volatility value and plot markers only when volatility is greater than this value, correct? Or provide an input parameter for trader to input the value. Or calculate the value for the specific instrument, somehow? ...
PlanetX Indicator - can this indi be used for trading?
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BestTraderEv replied Mar 4, 2022I know there isn't anything anybody can do about it, unless somebody knows how to program the future.
Yes, it is a useful indicator, if trader can read the chart and if trader can be consistent in holding Stop Loss and profiting more than ...PlanetX Indicator - can this indi be used for trading?