MTF MCP Change

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MTF MCP Change

Postby Apprentice » Wed Aug 28, 2013 6:41 am

MTF MCP Change.png


The indicator will show Change
as Absolute or Relative Change
Change / ATR Ratio
Change / Standard Deviation Ratio
Average Candle for Average Period


for all the selected time frames and all available currency pairs.
MTF MCP Change.lua
(9.33 KiB) Downloaded 886 times


MTF MCP Change Heat Map.png

MTF MCP Change Heat Map.lua
(8.45 KiB) Downloaded 803 times

XAUUSD H1 (03-18-2024 1205).png

MTF MCP MI Change Heat Map.lua
(13.94 KiB) Downloaded 5 times
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Re: MTF MCP Change

Postby speakinmymind » Wed Aug 28, 2013 7:00 pm

Can you please create a moving average based off of this?
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Re: MTF MCP Change

Postby Apprentice » Thu Aug 29, 2013 1:33 am

Can you give more details in your request.
Manner of presentation, Line or list.
As you know I use a number of different algorithms.
Moving average of which data set.
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Re: MTF MCP Change

Postby speakinmymind » Thu Aug 29, 2013 7:22 am

The data used would be the distance from last close, that data stream displayed as a MVA line.

The idea is to capture the average candle size in MVA format
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Re: MTF MCP Change

Postby Apprentice » Fri Aug 30, 2013 3:55 am

Your request is added to the development list.
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Re: MTF MCP Change

Postby Apprentice » Fri Aug 30, 2013 4:18 am

Average candle algorithm added.
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Re: MTF MCP Change

Postby speakinmymind » Fri Aug 30, 2013 9:23 am

Thank you for the data stream of average candle. Could you please create a moving average off this in order to retain past data and for trending purposes? Thanks.
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Re: MTF MCP Change

Postby speakinmymind » Tue Feb 04, 2014 9:22 am

Can you please update this so that the color of the data is a range (grean to red) red for the lowest value and green for the highest value.

Instead of color change being reflected as changes relevant to last data, could you please make it based off of the other currency pairs listed in the same timeframe?

The theory is to create a heat map, telling you which currency pairs are going through the most extreme change for each time frame, Thanks!
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Re: MTF MCP Change

Postby speakinmymind » Tue Feb 04, 2014 1:00 pm

This is another heat map that I am hoping for.

Can you create this?

This is using negative numbers to shade red and positive to shade green, zero would shade grey.
Attachments
2.png
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