I don´t know what the S stands for, but I think the D is delta, and V is volume, maybe delta summed volume? Because it is summing the up/down tick volume difference per bar.

Leg Volume Indicator

No, you are using volume based indicators, just as I am, but the thing is that you don´t know how to read them, if you can´t read the imbalances between supply and demand, the correct price x volume relationship, then you have no edge. Just because ...

Cable Update (GBPUSD)

I don´t recommend interpreting news and data releases... If you are a VSA trader, you only care about volume and price action, does not mean you should not know the TIME of news releases, because you can get caught off guard. I prefer to stay out of ...

Cable Update (GBPUSD)

Daily chart looks like it is trapping all the breakout suckers... Then they gonna hold the losing longs hoping that price will go back up until they finally get squeezed out, fueling a nice down move. Well, at least it is what I see at the moment.

Cable Update (GBPUSD)

Buyers not strong at all... It does not make any difference having the tools but not knowing how to use them. Price was practically overbought in trend channel and at a supply confluence, very important resistance. The volume of the last up wave is ...

Cable Update (GBPUSD)

Alright, I see... Just one more of those who come here and grab code shared by others, ask for help and explanations, get them but give nothing in return...

Leg Volume Indicator

Hi there mate, aren´t you gonna share the indicator here with us? I mean the zig zag volume.

Leg Volume Indicator

Ah ok... It is quite easy (for a coder ) to write code that compiles on both mt4 and mt5. Mql5/4 syntax is exactly the same, some features are different and some lack completely on mt4. url url

Leg Volume Indicator

I recommend you to ditch the MA applied on cumulative delta, it won´t add anything to your analysis given that cumulative delta is used to look for divergence, MA cross has nothing to do with it. Also, what are your plans with this indicator, are ...

Leg Volume Indicator

That cumulative delta from the screenshot I posted is periodic. What I mean by that is that it plots the histogram based on the delta if the last "x" bars (you can see on the screenshot that it is set to 20 bars). The one you added the MA is ...

Leg Volume Indicator

Another option you should add in the indicator is the ability to choose how many bars to use in the calculation, because otherwise it´s gonna use all bars loaded on the chart, this can take a toll in CPU. Are you planning in coding a version for MT5 ...

Leg Volume Indicator

Yes that is what I like to see when going long, positive delta on a down swing, or negative delta on an upswing, for shorts. It is just a cherry on the cake, when you get a setup plus those readings. Tick volume delta is a proxy for real delta ...

Leg Volume Indicator

The indicator I posted shows the tick delta per bar. The values on the pivots of the ZZ would be the sum of this value, sum of tick delta of all bars in a ZZ leg.

Leg Volume Indicator

A new version of the indicator where you can choose the timeframe: Default mode uses daily bars for ADR calculation Then you can choose weekly bars for AWR calculation (good to use in hourly and 4 hours charts) Then you can choose monthly bars for ...

ADR Average daily Range Indicator

If anyone is interested, the folks at fxcodebase "fixed" the indicator. Now: - It uses the classic ATR formula natively available in MT4 and MT5 and all other charting platforms; - The "L" value is now in the correct place; - The ADR lines are not ...

ADR Average daily Range Indicator

Hi buddy! Well in the example I shown you it is not a few pips, but 5 points in the S&P500, that is a lot! Regarding the lines being drawn on top or below bars don´t worry, since you are posting the mq5 file, I googled here and I can see I just need ...

ADR Average daily Range Indicator

Hi there buddy, thanks for looking into it. The ATR indicator I used was MT5 own native ATR indicator, the one that comes with the platform. But I found this one at MQL5 community and compared both, and gives exactly the same value, so it is the ...

ADR Average daily Range Indicator

Hi there billy, have you checked why your indicator is giving a different value for the same period of time compared with the ATR indicator? Like I showed in this post: url And also have you checked why the "L" value is so far to the right (almost ...

ADR Average daily Range Indicator

Does anyone have this DY-WK-MN-YR LINES for MT5?

Indicator wanted

I agree to disagree The same way a spring needs to dip below support of anchor point and reverse, same applies to 2BR or key reversal, otherwise it is something else. May I add that this is not a pattern, none of the VSA setups are ...

vsa with Malcolm