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Daily Chart 3-Candle

  • #581
  • Oct 10, 2018 5:56am Oct 10, 2018 5:56am
swingman

I forgot to ask where would the instructions on how to use/read this indicator be?

Thank you
  • #582
  • Oct 10, 2018 6:01am Oct 10, 2018 6:01am
Quoting SwingMan
New Version "sm3Candle BestLevelsMTF_v1.1" Some buggs have been corrected. Note: if you want to have other TFs, you can load the indicator again and set the Parameters: Draw_FractalPatterns = false Draw_CurrentTF_BestLeveles = false {file} {image} {image}
Thanks SwingMan!
Hero Traders Live to see their Accounts Die!
  • #583
  • Oct 10, 2018 6:01am Oct 10, 2018 6:01am
Quoting Rafaz1
... I forgot to ask where would the instructions on how to use/read this indicator be?
A nice question!
I have no idea, ask @simoneg, because I'm just the programmer.
  • #584
  • Oct 10, 2018 6:03am Oct 10, 2018 6:03am
Quoting SwingMan
New Version "sm3Candle BestLevelsMTF_v1.1" Some buggs have been corrected.
amazing. thanks
ITB - Seeing Orderliness amongst 'Randomness'
  • #585
  • Oct 10, 2018 6:11am Oct 10, 2018 6:11am
Quoting Rafaz1
swingman I forgot to ask where would the instructions on how to use/read this indicator be? Thank you
you can read from post 441 onward.
ITB - Seeing Orderliness amongst 'Randomness'
  • #586
  • Oct 10, 2018 6:13am Oct 10, 2018 6:13am
Hello simoneg

Brilliant work between you and swingman on this indicator ... my observations thus far ..

1) I know trades are taken at H4 & H12 but when the indicator is displayed on H1 timeframe it displays H1 and D1 values rather rather then H1 & H4 values, as H4 is the next timeframe up

2) A minor point but if we can modify thickness of the lines the indicator is more easier to read on the main charts

Regards
  • #587
  • Oct 10, 2018 6:16am Oct 10, 2018 6:16am
Quoting Rafaz1
Hello simoneg Brilliant work between you and swingman on this indicator ... my observations thus far .. 1) I know trades are taken at H4 & H12 but when the indicator is displayed on H1 timeframe it displays H1 and D1 values
change this
Attached Image
ITB - Seeing Orderliness amongst 'Randomness'
  • #588
  • Oct 10, 2018 6:20am Oct 10, 2018 6:20am
Quoting Rafaz1
Hello simoneg Brilliant work between you and swingman on this indicator ... my observations thus far .. 1) I know trades are taken at H4 & H12 but when the indicator is displayed on H1 timeframe it displays H1 and D1 values rather rather then H1 & H4 values, as H4 is the next timeframe up 2) A minor point but if we can modify thickness of the lines the indicator is more easier to read on the main charts Regards

Hi Rafaz1,

If you setup the indicator on your H1 charts and change the uppertimeframe to H4 you should get the result you are looking for.
Hero Traders Live to see their Accounts Die!
  • #589
  • Oct 10, 2018 6:24am Oct 10, 2018 6:24am
Swingman, I agree with Rafaz on having an option to change the settings on the Upper timeframe lines, whether it be the color or thickness or both to make it a bit easier to distinguish between the levels. Please if possible.

Thank you!
Hero Traders Live to see their Accounts Die!
  • #590
  • Oct 10, 2018 7:47am Oct 10, 2018 7:47am
Quoting simoneg
Swingman, I agree with Rafaz on having an option to change the settings on the Upper timeframe lines, whether it be the color or thickness or both to make it a bit easier to distinguish between the levels. Please if possible. Thank you!
It's okay.

A question: should we have two or three upper time frames as parameters?

Example: on H4 should we have D1, W1 and also MN1, or only D1, W1?
  • #591
  • Oct 10, 2018 8:07am Oct 10, 2018 8:07am
Hello Swingman and Simoneg,

To make and keep things simple with this indicator and preventing the file size getting any bigger (as that will impact computer CPU usage) I suggest the following;

1) The lines drawn on the main chart should be fully adjustable , i.e. colour and thickness changeable to represent the different timeframes

2) On the parameters I would suggest that iF the user is in timeframe H1 then the indicator should display buy/sell for timeframe H1 + buy /sell the for the next 2 time frames up, H4 and D1. However, if the user is in timeframe H4, then buy/sell will be displayed for H4, D1 & W1 and so on and so forth

However, if 3 timeframes displayed on the current timeframe are of no value then stick with just 2 timeframes, so for example;

a) H1 will display buy/sell for H1 + H4
b) H4 will display buy/sell for H4 + D1

I will leave it to what other also think but I think the above is a very workable solution.

I will also be supplying a true trend indicator that when used with the 3SMA indicator would add further confluence to our trades.
  • #592
  • Oct 10, 2018 8:28am Oct 10, 2018 8:28am
Quoting SwingMan
{quote} It's okay. A question: should we have two or three upper time frames as parameters? Example: on H4 should we have D1, W1 and also MN1, or only D1, W1?

Hi Swingman,

I believe two would be sufficient. I had aslo asked about looking into "older" swings on the Higher Timeframe.

For example right now, GU is facing the JULY 29TH WEEKLY BEST SELL. But we would not be able to get that information from the indi as it is right now.
Hero Traders Live to see their Accounts Die!
  • #593
  • Oct 10, 2018 8:44am Oct 10, 2018 8:44am
Quoting simoneg
{quote} Hi Swingman, I believe two would be sufficient. I had aslo asked about looking into "older" swings on the Higher Timeframe. For example right now, GU is facing the JULY 29TH WEEKLY BEST SELL. But we would not be able to get that information from the indi as it is right now.

If 2 timeframes are suffice then SwingMan please ensure;

1) When the 2 timeframe buy/sell information is displayed, please ensure H4 info is distinguishable from D1 (it must not overlap each other hence it must readable, feel free to abbreviate if you have to, so Best Buy H4, can be displayed as BBH4, Best Sell D1 can be displayed as BSD1 (PRICE INFORMATION is not important as mt4 provides that as default)

2) The user should be able to change the thickness and colours of the lines representing the timeframe information as discussed previously

Please let me know if I am not clear in my dialogue or if I can clarify anything for you
  • #594
  • Oct 10, 2018 8:47am Oct 10, 2018 8:47am
It would be a shame if this simple system becomes chart porn with more and more indicators added.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #595
  • Oct 10, 2018 8:56am Oct 10, 2018 8:56am
Quoting TooSlow
It would be a shame if this simple system becomes chart porn with more and more indicators added.
Hahaha....I agree TooSlow....I'm getting a bit jittery
Hero Traders Live to see their Accounts Die!
  • #596
  • Oct 10, 2018 9:01am Oct 10, 2018 9:01am
Quoting SwingMan
{quote} It's okay. A question: should we have two or three upper time frames as parameters? Example: on H4 should we have D1, W1 and also MN1, or only D1, W1?
super
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  • #597
  • Oct 10, 2018 9:05am Oct 10, 2018 9:05am
real account
  • #598
  • Oct 10, 2018 9:07am Oct 10, 2018 9:07am
Possible short setup developing on the USDCHF?
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  • #599
  • Oct 10, 2018 9:13am Oct 10, 2018 9:13am
Too slow and Simoneg,

No need to get jittery, I am simply asking SwingMan to refine the existing indicator to ensure flexibility and readability on the charts.

I actually, now having thought about it a little more, think that having 3 timeframes buy/sell values (abbreviated as per my previous post) on the same chart maybe more useful/productive and will act better as support/resistance also.

Can we get swingman to do maybe 2 of the same indicator, 1 with 2 timeframe values and 1 with 3 ...OR ..

The same indicator can be modified to give us a 'drop-down' parameter to select the next 1, 2 & 3 timeframes up from our current timeframe selection?

Cheers
Rafaz
  • #600
  • Oct 10, 2018 9:16am Oct 10, 2018 9:16am
Quoting Inthebox
{image}
gbpaud h4 tp
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ITB - Seeing Orderliness amongst 'Randomness'
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