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Hello Igor,
this indicator will mark the areas you wish, just set number of days and the time you want to mark.
Don't forget to set HighRange=TRUE
BEST REGARDS!
p.s. the indicator is from TSD, but i don't know the author
experiment_bg
The Iparamonworktime is an indicator that I know and that I use.
It has nothing to do with the rules of the D_B_O system. That indicator does not know were it has to change it squares when the price crosses 1/2 of the average daily range and do the same again on the stoploss of the 2nd position.
The indicator that we need has to look to the value of the daily average range that is calculated by the daily range calculator, take half of that range and calculate this from a high or a low and look if price breaks that range and then make AUTOMATICLY a new square and then will do the very same if a trainling stop and reverse position is taken...
I use MT4...on my charts Sunday is plotted as a regular day even though it only encompasses a few hours of trading...You can pull up any daily chart and find Sunday very easily because it is by far the smallest range day on the chart....
My question is does the indicator recognize Sundays small range day and average its range with the ranges of other days?
If so, this gives an inaccurate picture of the average ranges...
I use MT4...on my charts Sunday is plotted as a regular day even though it only encompasses a few hours of trading...You can pull up any daily chart and find Sunday very easily because it is by far the smallest range day on the chart....
My question is does the indicator recognize Sundays small range day and average its range with the ranges of other days?
If so, this gives an inaccurate picture of the average ranges...
Like the system idea though...much promise!!
I don't have this problem. Data starts at 00.00 monday morning...
But fot those who have platforms were data is comming in before 00.00 monday morning they will need to download a platform that does not have this platform...
This indicator is allready a great help in visualizing where the breakout level is and also for the stop and reverse entry. It is still not what I'm realy looking for(because of no historical information) but it is a nice step forworth...
It was initialy made by amir7777 and improved by Ogeima.
So special TNX for those guys !!..
I REMOVED THE INDICATOR FROM THE PREVIOUS POSTING BECAUSE IT CONTAINS A FAULT ....WHEN IT TAKES THE STOP AND REVERSE THE NEW TRAILINGSTOP IS AT THE WRONG PLACE...
AS SOON THE FAULT IS REPAIRED I WILL POST IT..
I REMOVED THE INDICATOR FROM THE PREVIOUS POSTING BECAUSE IT CONTAINS A FAULT ....WHEN IT TAKES THE STOP AND REVERSE THE NEW TRAILINGSTOP IS AT THE WRONG PLACE...
AS SOON THE FAULT IS REPAIRED I WILL POST IT..
Is there someone in the house that could make this indicator look like the image I posted ?
And not that we could see this today or present day but that it could place these squares historicaly ?...
This way we have a very nice visualisation and we could do also a reliable manual backtest.
If not possible with those colored squares maybe with lines ....
Many many thanks in advance...iGoR
hi Igor
try this may help u.
cheers
__________________ We often borrow from our tommorrows to pay our debts to our yesterdays.
As always, who knows!?!.Let see what will happen....
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