thread: Recent Strength indicator

Thank you for this great free indior.
Thank you for your attempts.

Thank you for this fantastic free indior.
Thank you for your efforts.

You are welcome. Thank you for the comments.

I do not understand how it's possible to predict the future.

Lol, that is because it's not.

Don't worry, you're not the only one who does not understand.

Nice one, thanks for sharing - seems somewhat like my eyeballs!

Hello Han,

In Your article #7, I think there is an typo. Please see fonts below.

Notice that this assumes that you have set the weights for every pair the same, i.e. 100. But if you've set the weight of AUDUSD to 200, then the calculation becomes [200 x AUDUSD(13:00) / AUDUSD(11:00)] [100 x AUDUSD(13:00) / AUDJPY(11:00)] [100 x AUDNZD(13:00) / AUDNZD(11:00)]

Note that this assumes that you have set the weights for every pair the same, i.e. 100. But if you've set the weight of AUDUSD to 200, then the calculation becomes [200 x AUDUSD(13:00) / AUDUSD(11:00)] [100 x AUDJPY(13:00) / AUDJPY(11:00)] [100 x AUDNZD(13:00) / AUDNZD(11:00)]

Also wondering if RefreshEveryXMins is set active, the OutputFile should be refreshed too? This way people can use Excel on real time.

Thx Han!

Hello Han,''....

Thank you for pointing out the typo. It's too late for me to go back and change the post.

The output document is rewritten every time the plot has upgraded, which can be determined by the RefreshEveryXMins parameter. I it and it works as planned. However, if you (simultaneously) have the output file open in a different appliion, along with the latter locks the document out of write access, then the indy will not have the ability to upgrade it.

Hi,

Your latest strenth indior looks great good, and it will be a real help in making trading decisions.

I downloaded the Recent Strenth ex4, and the Recent Strenth txt files to my hard drive.

When I try to install them onto my MT4 platform they show they have been stored as PHP files for some reason?

Now though the attachment is in the folder, then nothing shows up at the custom made indior box. . .so there is nothing there to attach to your own chart.

I have to be missing something??

I have to be overlooking something??

See articles #168 thru #173.

Ok I found the article with the instructions to download from the the attachment box lol
Works nice...

View posts #168 thru #173.

Happy to join.

My best to all,