Hi,

This is the thread of TSR daily range calculator, good luck.

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I don't think I can post a screen shot of my range indicator here.

Or can I, newdigital?

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Hi cja and others,

Both indicators (daily power level & weekly power level) have the problem when starting new week or Monday on my broker platform (interbankfx) as picture below. Could you fix that problem.

Other else could you create indicator monthly power level which have same format with both indicator. Thanks in advances.

Attached Images

power level to resolve.GIF (24.1 KB, 489 views)

Attached Files

	PowerLevels_v1.mq4 (4.0 KB, 27 views)
	Weekly PowerLevels.mq4 (4.1 KB, 30 views)

Try this one

i try to create montly..but its not work..wait from other senior coder

Attached Files

	PowerLevels_v2 dotline.mq4 (4.1 KB, 44 views)
	Weekly PowerLevels_dotline.mq4 (4.2 KB, 39 views)

I have updated the code in the TSR indicator so that the user can now select any timeframe required, there is a Magic number in the inputs so that must be changed to a different number for each indicator loaded to avoid code conflict.

Inputs

Multi_Range_MagicNumber = 12345;
TimeFrame = 1440;
Risk_to_Reward_ratio = 3.0;
First_av = 5;
Second_av = 10;
Third_av = 20;

Average Data used is ( The previous Timeframe + First_av + Second_av +Third_av / 4 )

Distance UP = Average - Bid - Low
Distance DN = Average - High - Bid

StopLoss Long = Distance UP / Risk to Reward ratio
StopLoss Short = Distance DN / Risk to Reward ratio

Long = Bid - StopLoss Long
Short = Bid + StopLoss Short


#Multi Range Calculator.ex4

Multi Range.gif

Hi darkkiller thanks for your respond..I will try it.

QUOTE=cja;205245]I have updated the code in the TSR indicator so that the user can now select any timeframe required, there is a Magic number in the inputs so that must be changed to a different number for each indicator loaded to avoid code conflict.
[ATTACH]]
[ATTACH]][/quote]

very nice, CJA! could you tell please, more how risk/reward and max SL numbers been calculated? - even better to show on the chart
max SL - it's max/min margincall price?
Multi_RangeEX.GIF

Hi there
I have this screenshot from FF.Anyone have this indicator that show HIGH,Top,Midline,Bottom and Low like inside this picture?
Thanks

Attached Images

Habeeb_display.jpg (16.1 KB, 298 views)

Thot I share a link to a video on this.
May be interesting for some here.

Range Break Out Strategy

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