thread: Recent Strength indicator

Hi Hanover,
Many thanks first of all for your hard work supplying us with good indiors, of which I have enjoyed a couple of. I was wondering in the event that you'd be able or ready to create one around quantity, which will just publish the internet quantity, in other words: it'd substract 1 value each time the bid is hit and add 1 value each time the ask is hit, showing the total value. That way it'd have the ability to tell within a candle, who was most powerful, the buyers or the sellers.
I hope I make sense
Due

Hi Hanover, Many thanks all on your hard work providing us with great indiors, of which I have appreciated a few. I was wondering in the event that you'd be able or ready to create one around quantity, which will only publish the net quantity, in other words: it'd substract 1 value each time that the bid is struck and add 1 value each time that the ask is struck, showing the total value. That way it'd have the ability to tell within a lending candle, who had been most powerful, the buyers or the sellers. I hope I make sense Thanks

I#8217;m no longer accepting any troubleshooting or programming requests.

However, I found the attached indiors within my archives, which do something very like what you're asking (by plotting counts of upticks and downticks). In construct 600 onward, they conducted OK in earlier builds, you could try them.

If they don't meet your condition, you could try posting your request in one of the code your indiors for complimentary threads. Hopefully a programmer, who familiar than I am with the latest MT4 builds, are going to have the ability to help you.

[EDIT] I assume you understand that (1) all MT4 quantity is tick quantity, i.e. if you trade 0.01 lots or 100 lots, it will only show as 1 quantity component , and (2) that because FX isn't a centralized exchange, quantity numbers pertain to transactions approved by your br0ker only.
https://www.cliqforex.com/attachment...3939691117.ex4
https://www.cliqforex.com/attachment...1583915157.ex4

Thank a lot, and thanks also for your clarifiion about quantity
all the very best

Despite saving to the experts I have some difficulty loading the indior. anyone can advise?

I have some difficulty loading the indior, despite saving to the experts\indiors folder. anyone can advise?

MT4's folder system changed with the release of build 600. Here are a few videos that might help you:
Inserted Video
Inserted Video
http://www.compassfx.com/video/ip/21814/21814.html

in addition, it is possible that the indiors do not operate, on account of your MT4 or pc installation somehow being different to mine (mine is shown in the screenshot below).


Also, it takes quite a lot of work to acquire the RS indy setup correctly. You will find notes and hyperlinks in post #1 which can help you may prefer to discover a potency indior. You will find links in the green text in place #1 to indiors.

Hi Hanover,

Only my curiosity, what do you like RS or ROS? Have you compare between the two?
I love you ROS indie, it give me a constant result, and I do it in my actual account. Thanks for your great job

All the best
Babzahra

Hi Hanover, Only my curiosity, what do you like RS or ROS? Have you compare between the two? I adore you ROS indie, it give me a outcome, and do it in my actual account. Thank you for your great job All the best Babzahra

Hi,

RS is based on candle sticks (efficiently a 1-period MA); ROS is based on stochastic. Therefore RS would logically support a momentum whereas if you are looking to fade overbought/oversold; based trading system I'd go with ROS.

Glad that you find ROS to be helpful.

Best wishes for 2015.

Bye all,
David

quote Hello, RS is based on candle closes (efficiently a 1-period MA); ROS is based on stochastic. RS would logically support a momentum whereas if you are searching to fade overbought/oversold established trading system I'd go with ROS. Glad that you locate ROS to be useful. Best wishes for 2015. Bye all, David

Hi Hanover I also found great your indiors RSI and ROS. I mainly use ROS who gives me the most accurate signals. What I wand to ask you is when there's a way of showing only the current timeframe- that which timeframe I m using (no multiple timeframes in precisely the exact same pair chart). Furthermore I wish to ask you when you incorporated into the ROS that a RSI calculation.

Thank you for your work

What I wand to ask you is if there is a way of showing just the current timeframe

TimeFrames - pick the timeframes you wish to see, separated by commas. A comma isn't required, if demonstrating one timeframe. Leaving this parameter blank defaults to the timeframe of the chart to which the indior is connected. The spaces are optional, and therefore are included for clarity. Upper/lowercase may be used interchangeably (e.g. H1 or h1). Time frames will exhibit from the order where you form them. See note below on computer functionality

Furthermore I want to ask you if you incorporated to the ROS that a RSI calculation.

ROS only averages out the Stochastic worth for each pair referenced by a currency, and plots this average.

That I have no plans to add RSI. Because MT4 build 600, I am no longer considering any coding or troubleshooting requests.

Thanks for your work

Many thanks for your kind words.
I will disappear back into hibernation now.
I am trying to stay away from trading forums.

Not sure if anyone is still using the RS indy, however the attached screenshots illue how poor data can impact the plots, that has been a contentious discussion subject earlier in the thread.

Notice how the M5 and M15 plots are virtually identical, but there are issues with the M1 feed AxiTrader's demo server, causing significant corruption.

The indy has worked excellent for me since 2009, but the same as the rest of the software, it is made to use whatever data is available.