Recent Strength indicator -
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thread: Recent Strength indicator

  1. #361
    Junior Member Twiqui's Avatar
    23
    Pedma,

    Yes, the values signify how much (up/down) price has moved** on every one of the charts because the start of the current day (midnight MT4 time). That is a weighted average of each the pairs for that currency, e.g. for USD it are the typical of USDCHF, USDJPY, AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD. At midnight, the preceding day is forgotten, along with the averaging process begins all over again for the new day.

    **
    1. The formula is (B-L)/(H-L)
    where B = current bid price
    H = today's high (thus far)
    L = now's low (thus far)
    2. The outcome...
    Hello David,

    Thank you so much.... All is apparent I learn so much from you.

    Best Regards,
    --

  2. #362
    Junior Member Twiqui's Avatar
    23
    Hi David,

    First of all thank you so much to your own indior, and also for your LoadRSvalues() function and all the support information! It is very generous of you to share a lot.

    I created a customized indior that employs the LoadRSvalues() function, and it appears to be showing the correct value based on the data in the RSV file, but the data in the RSV does not seem to be updating. The data from the RSV does not match, although the indior appears to be updating.

    I'm using the default Presets--Recent Strength for the presets and Output--Recent...
    Hello Cory,

    I'm not a good developer, but I believe that you must take the value from CSV file.../experts/files/Output--Recent Strength.CSV file. This file is controllered from.../experts/indiors/Recent Strength.ex4 file. Recent Strength.ex4 file put the output value to Output--Recent Strength.CSV file depend on.../expert/files/Presets--Recent Strength.TXT that's created by.../experts/scripts/Build Strength Preset File.ex4 file. This script Build Strenth Preset file is run just In the time only. All you must do then would be to modify the TXT file, so the indior Recent Strength.ex4 can put the new value depend on what you require, after reading the TXT file.

    All this if quite great to get EA appliion. However, I believe that you should use the Recent Strength Graia that is edited from David, to create your Indior.
    This is my opinion...

    Thank you David for all he's done.

    Thank You
    --

  3. #363
    Hi Cory,

    I'm not a good programmer, but I believe that you must choose the value from CSV file [b]

    Thanks
    -pedma-
    Thank you Pedma, really my problem is not obtaining the indiors to operate, but somehow the CSV file does not appear to be updating when I operate my custom made indior. For some reason that the CSV file ceases updating once I get it, although the indior appears to be getting the numbers in the CSV. Though it used to update I believed.

    Thanks for your help, and thanks again to David.

    Cory

  4. #364
    Senior Member Tataylo's Avatar
    435
    Hi David,

    First of all thank you so much for your indior, and also for the LoadRSvalues() function and all the support details! It is generous of you to share so much.

    I created a customized indior which uses the LoadRSvalues() function, and it seems to be showing the correct value based on the data in the RSV document, but the information in the RSV does not seem to be upgrading. The indior seems to be upgrading, but the data in the RSV does not match.

    I'm using the default Presets--Recent Strength for the presets and Output--Recent...
    Cory,

    This might be a Win7/Vista difficulty - if this is the case, it's outside of my control to fix it. This http://www.files32download.com/runni...ons-issue.html might be beneficial. After that, all I could suggest is that you contact Microsoft or your computer seller.

    What br0ker, and also what MT4 build are you running?

    David

  5. #365
    Cory,

    This could be a Win7/Vista difficulty - if so, it's outside of my control to fix it. This http://www.files32download.com/runni...ons-issue.html may be helpful. After that, all I could suggest is that you contact your computer seller or Microsoft.

    What br0ker, and exactly what MT4 build are you running?

    David
    Thank you, I let the permissions so we will see how it does when I try it tomorrow! I am running IBFX version Build 402 in the present time.

    Thanks again and I will let you know if I encounter any problems now that I allowed all the permissions on the folder.

    Cory

  6. #366
    Appears to work now, thanks! I love your help.

    Cory

  7. #367
    Senior Member Tataylo's Avatar
    435
    Appears to work today, thanks! Your help is really appreciated by me.

    Cory
    Excellent, Cory -- happy to hear that it is working for you today.

    David

  8. #368
    Junior Member abap's Avatar
    28
    Pedma,

    Yes, the values signify how far (up/down) price has moved** on every one of the charts because the onset of the current day (midnight MT4 period ). This is a weighted average of all of the pairs for this currency, e.g. for USD it are the typical of USDCHF, USDJPY, AUDUSD, EURUSD, GBPUSD, NZDUSD, USDCAD. At midnight, the previous day is abandoned, and the averaging process starts all over again for the new day.

    **
    1. The formula is (B-L)/(H-L)
    where B = current bid price
    H today's high (thus far)
    L = now's low (thus far)
    two....
    Thanks for the Fantastic indiors. I am using Currency Strength - Giraia.mq4 with fantastic success. Will be helpful if new Calculation starts of every new H1 candle.

  9. #369
    david thank you for all terrific indiors.
    I inserted all pairs to the indior (28) but it reveal 3 pairs.

    Xtern series CurrencyPairs = EU,GU,UF,AU,NU,UJ,UC,EG,EF,EA,EN,EJ,EC,GF,GA,GN,GJ ,GC,AF,NF,FJ,CF,AN,AJ,AC,NJ,NC,CJ;

    you're able to observe pic, it is something I do wrong?

    Enjoy your job.



  10. #370
    Senior Member Tataylo's Avatar
    435
    Thank you for the great indiors. I'm using Currency Strength - Giraia.mq4 with great success. Will be good if new Calculation starts of every new H1 candle.
    Try the connected indy. Set TimeFrame into H1

    The connected indy includes two new parameters:

    (1) TimeFrame: you can get the calculation start over every time a new candle appears to the TF that you pick, i.e. M1, M5, M15, M30, H1, H4, D1, W1 or MN. Or if you leave the field blank, it is going to default to the TF on the chart to which the indy is submitted (rendering it feasible to cycle through different chart TFs, and view the relative strength in every TF).

    (2) CurrencySuffix: your entry will be appended to every currency. For instance, if you set CurrencySuffix to m, then the pairs contained in the calculation will be EURUSDm, GBPUSDm, USDJPYm, etc..

    I have not had a chance to do any testing since the market is closed.

    David
    https://www.cliqforex.com/attachment...1075882074.mq4

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