Average daily range indicator, help !!

Pepinillo · #1 (**permalink**) 03-03-2007, 02:06 PM

Hello everyone,

Im trying to code my first MT4 indicator. It's a simple indicator to show on the upper left corner of the chart the average daily range (high - low, in pips) for a currency during the last 100 periods. But no matter how hard I try, it just doesnt do anything at all and I cannot spot out where the problem is.

Can anyone please have a quick look and tell me where the bug is? I attach the indicator down below.

By the way, is there any chance I could also set another parameter to analyze the average range during the last 100 days but only from 7 AM to noon? that's the time frame I usually trade so that piece of info would be useful for me too.

Thank you very much in advance

Linuxser · #2 (**permalink**) 03-04-2007, 10:46 AM

Quote:

Originally Posted by Pepinillo

Hello everyone,

Im trying to code my first MT4 indicator. It's a simple indicator to show on the upper left corner of the chart the average daily range (high - low, in pips) for a currency during the last 100 periods. But no matter how hard I try, it just doesnt do anything at all and I cannot spot out where the problem is.

Can anyone please have a quick look and tell me where the bug is? I attach the indicator down below.

By the way, is there any chance I could also set another parameter to analyze the average range during the last 100 days but only from 7 AM to noon? that's the time frame I usually trade so that piece of info would be useful for me too.

Thank you very much in advance

You´re not correctly calling the double n?

PHP Code:


			
double av=0;
int i=0;


  for(i=1;i<=100;i++)
       av   =    av +  (iHigh(NULL,PERIOD_D1,i)-iLow(NULL,PERIOD_D1,i))/Point;
   
   double n=av/PeriodsBack;
   
   Comment("Average Daily Range is ",n);

Comment line should be like this?

PHP Code:


			
 Comment("Average Daily Range is ",+ n)

Take a search for Ogeima´s daily range calculator.

Pepinillo · #3 (**permalink**) 03-04-2007, 03:05 PM

Thanks for the feedback LinuxUser, but I have followed your advices and still it wouldnt work

Any idea what am I doing wrong?

cja · #4 (**permalink**) 03-04-2007, 06:53 PM

Quote:

Originally Posted by Pepinillo

Hello everyone,

Im trying to code my first MT4 indicator. It's a simple indicator to show on the upper left corner of the chart the average daily range (high - low, in pips) for a currency during the last 100 periods. But no matter how hard I try, it just doesnt do anything at all and I cannot spot out where the problem is.

Can anyone please have a quick look and tell me where the bug is? I attach the indicator down below.

By the way, is there any chance I could also set another parameter to analyze the average range during the last 100 days but only from 7 AM to noon? that's the time frame I usually trade so that piece of info would be useful for me too.

Thank you very much in advance

Everything you need should be in this indicator

LNX_Pivots_v2.mq4

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
FXiGoR DYNAMIC Breakout system on Daily Average Range	iGoR	Suggestions for Trading Systems	270	10-02-2008 11:54 AM
Average Daily Range	fxid10t	Indicators - Metatrader 4	4	07-28-2008 07:51 PM
Average Daily Range	KJB	General Discussion	4	02-14-2007 08:42 PM
Average Daily Range indicator???	PipRippy	Setup Questions	0	12-19-2006 05:17 AM
Script to calculate Average Daily Range?	ycomp	Metatrader 4	10	02-28-2006 03:18 PM

Register in Forex TSD!
Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time). Click here to register and get more information