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Old 12-04-2008, 06:53 PM
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Time indicator

I have been searching for an indicator that will show me how long price stays in the top half of a bar eg on a 1 hour bar if the price spends most of it's time in the upper half 50 mins / 10 mins you would tend to look at going long on the next bar and vice versa for sell.

I have searched on multiple forums but no luck but on a good note I have see almost every clock there is.


Cheers

Beno

Last edited by Beno; 12-04-2008 at 06:55 PM.
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Old 12-04-2008, 10:22 PM
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hi

Quote:
Originally Posted by Beno View Post
I have been searching for an indicator that will show me how long price stays in the top half of a bar eg on a 1 hour bar if the price spends most of it's time in the upper half 50 mins / 10 mins you would tend to look at going long on the next bar and vice versa for sell.

I have searched on multiple forums but no luck but on a good note I have see almost every clock there is.


Cheers

Beno
I've attached bar close alarm indicator

===================
Forex Indicators Collection
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File Type: mq4 bar_close_alarm_V1.mq4 (1.9 KB, 99 views)
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Old 12-05-2008, 12:08 AM
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Hi Beno.

I don't know if you want something like market profile, if it's different the idea is really cool

Market Profile
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Old 12-05-2008, 08:44 AM
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This is a start a very kind person on the mql4 site has coded it.

There are a few issues with the mid point changing on the formation of a new bar but they are working on it. as well as new highs and lows
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File Type: mq4 time_price.mq4 (2.5 KB, 89 views)
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Old 12-05-2008, 12:09 PM
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Minute Averages

Quote:
Originally Posted by Beno View Post
I have been searching for an indicator that will show me how long price stays in the top half of a bar eg on a 1 hour bar if the price spends most of it's time in the upper half 50 mins / 10 mins you would tend to look at going long on the next bar and vice versa for sell.

I have searched on multiple forums but no luck but on a good note I have see almost every clock there is.


Cheers

Beno
I know this is not time based in the sense you describe however it may be of some benifit to you, it gives the average Price over a range of Minute periods. The Average results change color depending on the Average being above or below the previous levels. All the levels constantly update in real time - for example in the Screenshots provided the 240 minute average monitors from the current minute and back to 240 minutes. The 180 minute average monitors from the current minute and back to 180 minutes and so on.

cja

Minute_Averages.ex4


Min Av.gif Min Av1.gif
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Old 12-05-2008, 09:26 PM
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This is really interesting because if we see a candle after close we have an overall ideal about high/low and open/close but we don't know how it was price behavior.

We could use Renko or Kagi but again we don't know where the price spent most of the time.

I think John Bollinger (Master of Traders) is the only one with a similar approach with his Bollinger Bars.
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Old 12-06-2008, 05:51 PM
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does anyone have an indicator to show how fast a bar forms.


cheers

Beno
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Old 12-06-2008, 06:10 PM
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Quote:
Originally Posted by Beno View Post
does anyone have an indicator to show how fast a bar forms.


cheers

Beno
Wow! U're full of ideas)
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Old 12-06-2008, 06:21 PM
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Quote:
Originally Posted by SergiPavl View Post
Wow! U're full of ideas)
LOL well full of something

you in russia? now that one bloody cold place, nice to visit very friendly people, but bloody cold -23 when i visited.

Last edited by Beno; 12-06-2008 at 06:24 PM.
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Old 12-06-2008, 08:04 PM
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Funky indicator i need to figure out how it works.

Cheers

Beno
Attached Files
File Type: mq4 Speed.mq4 (4.2 KB, 85 views)
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