Disliked{quote} //---- hey 99.... there are several ways to do what your asking..... with pros and cons to each.... explaining would be difficult.... a simple manner is just to create arrays and let you edit them.... look at lines 27, 28, 29,30.... i filled in sizes and colors for examples.... they are in order of the time frames.... the first number and color are for the 1 minute.... second number and color are for 5 minute and so on..... usually people use 1 thru 5 for widths but they can be much larger.... 1 thru 5 are best though.... once you have the...Ignored
And To Noble Coder&Trader Hayseed
Check out this this swing high and swing low indicator called FL4. If it could be made into a adjustable color histogram, that would be a power house!!!
It's depth or period BY DEFAULT is set to 50, and its pretty accurate on the 5minute chart and up, and its mostly accurate on the 1minute but it repaints sometimes [ because the 1minute candles are always seeking to find the true turn points ] still not too bad, thus its great for helping to see major reversals.
KEYNOTE:
Its a ex4. [executable file ], so it's default color and width is blank [EMPTY], so you have to set ALL the colors yourself which is easy. . .I set my colors to: 0Lime / 1Red / 2Lime / 4Red
ANOTHER KEYNOTE:. . . Look very closely and you will notice inbetween the little bars that alternate colors whenever the trend changes...look carefully and it also paints a very very very thin red line when the trend is DOWN and a very very very thin green line when the trend is UP
Hey Noble Hayseed, or any other experienced Noble coders, I was wondering do you think you can come up with a better code to this FL4 ex4. indicator uploaded below . . . but make a better version into an adjustable color changing histogram as a mt4 file where the period or depth can be changed or adjusted to different settings [ like most zig zag or reversal arrow indicators can be changed to different settings]?
Thus making this FL4 indicator into a color changing histogram [ similar to a renko histogram in appearance ] which can be adjusted to periods or depths like: 3 / 6 / 12 /17 /24 / 50 / 70. Unfortunately, I couldn't find the mt4 file for this FL4 .ex4 indicator, but it came from a trading system called Forexline.
KEY NOTE: Generally speaking, you can also test these different periods with different indicators, because these periods = 3 / 6 / 12 /17 /24 / 50 / 70 catch varies highs and lows, and the larger the number the further the high and low it catches which I think is a jewel I discovered playing with the period settings.
And its different bar histograms I found . . . but lag when they paint, thus they are very hard to get to line up perfectly [ similar to zigzag indicators that hit the turns on the nail ].
Hey Hayseed or any other trader, if you know of any color histograms that match zigzag settings or any other color changing histogram that's accurate and adjustable just like a zigzag indicator . . . If so, could you please upload it.
I uploaded the histograms I found that are close . . . but they are not hitting the turns like a zig zag does....
thanks always, happy holidays, and happy new year to all the traders online.
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