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Hi guys, I've been using the octaves indicator on the 4hr cable with success, but have a question. Does it work for you on other pairs? I never could get it to work properly on pairs like the eurusd. It seems to plot its lines on a fixed range of prices that suit cables range, but nothing else. Had anyone the same problem?
Well as a start use the 4 Hr chart and not a monthly chart.
It works on any stock or future. Attached a 4 hrs eur/usd
If you move the mouse over to the right of the chart it will highlight "vertical scale"...hold the left mouse button down and drag the mouse down the screen...the whole MM range will now be available.
For the proper MM calculation based on Highest and Lowest CLOSE
use:
v1=(Close[Lowest(NULL,0,MODE_CLOSE,P+StepBack,0)]);
v2=(Close[Highest(NULL,0,MODE_CLOSE,P+StepBack,0)]);
Best regards,
Last edited by Trading MM; 08-14-2006 at 05:59 PM.
For the proper MM calculation based on Highest and Lowest CLOSE
use:
v1=(Close[Lowest(NULL,0,MODE_CLOSE,P+StepBack,0)]);
v2=(Close[Highest(NULL,0,MODE_CLOSE,P+StepBack,0)]);
Best regards,
Thanx very much for the update, it is greatly appreciated, and spot on:-)
Xard777
Enc TimeFrame with Period set at 32 (very nice on cable 30min:-)
Thanx very much for the update, it is greatly appreciated, and spot on:-)
Xard777
Enc TimeFrame with Period set at 32 (very nice on cable 30min:-)
I am finding that the new update still does not recaculate the MM unless you change time frames and then it resets, the MM#LabelLevels & the #00MurreyMath-TimeFrame both don't work with the new update, the original code works in the MM#LabelLevels but not in the #00MurreyMath-TimeFrame indicator I have tested all three on a 1 minute chart tonight. Could someone have a look at this please.
I am finding that the new update still does not recaculate the MM unless you change time frames and then it resets, the MM#LabelLevels & the #MurreyMath-TimeFrame both don't work with the new update, the original code works in the MM#LabelLevels but not in the #MurreyMath-TimeFrame indicator I have tested all three on a 1 minute chart tonight. Could someone have a look at this please.
also I find that the lines squeeze so close together on small timeframes such as M5 is there any way around this.
I tried the Murray math level, where you can set the gap, but then after a while it also cramps so that you can hardly see the divisions?
also I find that the lines squeeze so close together on small timeframes such as M5 is there any way around this.
I tried the Murray math level, where you can set the gap, but then after a while it also cramps so that you can hardly see the divisions?
I've tested the #00MM-TimeFrame indicator live @ 1min along with the labelLvels indicator....set Period on both to 32....works fine....bear in mind it's the candles close that #00MM-TimeFrame indicator uses....both charts did change frame automatically when candle closed beyond the frame.
I had three good trades on the 1hr chart last night...works fine
If you want, change the period to 64
Xard777
enc charts.
ps I also ran the Hi-Close/Lo-Close figure through AMM.exe - they matched up even when the chart moved into a larger frame.
Linear Mode
