thread: Recent Strength indicator

David
Thanks for all these indiors. I have been trying to coordinate with the CSM RS however they're always different. Does anybody have the set ups that would create the accurate order of currencies, take the H1 such as which order should you think or am I missing something. Not having the source mql I can't check for the mathematics differences

Watch H1 attachment:
CSM-number of candles - 25
quantity of points - 15

Ray

David Thank you for these indiors. I've been attempting to coordinate with the CSM RS however they are always different. Does anyone have the ups that would produce the exact same accurate order of currencies, take the H1 for example which order if you believe or am I overlooking something. Not having the origin mql I can not check for the math differences See H1 attachment: CSM-number of candles - 25 Number of points - 15 Ray image image

Ray,

The calculation in each indy is completely (and blatantly ) different. Calc for RS is explained in article #7, also calc for CSM.

RS was developed for my own use, and CSM's calc was derived from an idea which I discovered elsewhere.

David

David
Thank you for taking the time to reply me. I will certainly reread these articles.


Thanks again for these insightful indiors

ray

Hello @, is there an easy way to alter CSM indior to reveal only currencies and a digit for strenght? With no scale. I don't understand which part of this code to watch, but if you assist me a bit, maybe can get it done

Hello @, is there a simple way to alter CSM indior to show only currencies along with a digit to get strenght? Without a scale. I really don't understand which portion of the code to watch, but if you help me a bit, possibly can do it image

Not certain if I understand you properly, but also the attached generates the output shown in the screenshot

-- Obtain the .mq4 and .ex4 files for your...(MT4)/experts/indiors folder.
-- Download the .mqh files into your...(MT4)/experts/include folder (note: the .mq4 file won't compile properly without these).
https://www.cliqforex.com/attachment...2468706878.mq4
https://www.cliqforex.com/attachment...7453924215.ex4
https://www.cliqforex.com/trading-sy...elopments.html
https://www.cliqforex.com/trading-sy...olatility.html

Wow! What an awesome thread! Thank you Hanover for your work. I am going to have a look at it this weekend. You are a programming genius, my friend

quote Not sure if I understand you properly, but the connected produces the output shown in the screenshot -- Download the .mq4 and .ex4 documents to your...(MT4)/experts/indiors folder. -- Download the .mqh files into your...(MT4)/experts/include folder (note: the .mq4 file will not compile properly without these). file file file file picture

Yes, this is precisely what I supposed Thanx a lot! You and @pips4life produced my trading... possible

Does this indior work on weekends once the market is shut? It isn't loading the information, although obviously I don't expect it to upgrade or refresh. I am trying to set up the Recent Strength Indior (the documents from the base of article #1), and it keeps coming out like this.

I solved it. My broker utilizes a currency suffix of m that EUR/USD is displayed as EUR/USDm for instance, and this also has to be corrected in the Inputs tab, or in the default Gifts -- Reset Strength text file .

Hanover -- I would suggest taking this information outlined by flyer and apply this code to automatically correct for broker suffixes. It ought to be a simple improvement and would be helpful.

Also, I assume if all the weights are set to 100, then you are really just taking the average of all the specified constituent currency pairs??

Nevermind, I solved it. My broker uses a currency suffix of m EUR/USD is shown as EUR/USDm by way of instance, and this needs to be corrected in the default Gifts -- Reset Power text file, or at the Inputs tab manually. Hanover -- I would suggest taking this advice and apply this code to automatically adjust for broker suffixes. It would be helpful and should be a very simple improvement.

No offense, but please note the Disclaimer in post #1 -- it's a free indy, take it or leave it. FF'm not paying me to provide software for the own members. I post indiors that I use myself. That is great, if others find them useful, but I don't have enough time to customize them to match the wish list of every individual.

It is possible to use the build script in post #1 to automatically assemble the p-files. It enables the input of a suffix, as you indicate. Only type the expansion at the ParameterFile setting, When you've assembled your p-file, and all the data in the p-file will take effect. That is much quicker than having to retype all the parameters every time you attach the indy. See post #1 for more information.