Min Max Cycle

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Re: Min Max Cycle

Postby Apprentice » Mon Nov 06, 2017 4:36 am

Circle location is set to date.
If this time frame is changed, circle locations will change accordingly.
If R is defined in pips or pixels, we will have the discontinuity with price action.
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Re: Min Max Cycle

Postby High&Low » Mon Nov 06, 2017 4:57 pm

Thank you for the reply and your explanation. In the last two pictures I did not change the timeframe but I changed the zoom in the chart and the place of the circles changed.
You are right, if we define the R based on a pips we will have the discontinuity with price action but I think there is way to prevent the discontinuity . It is as follows:
If we define a scale for the R( radius) of the circles then the problem will be solved .
The scale can be defined in a way that Radius = X/y
X here is the high- low ( amount of pips between high and low that we define) and y is the conversion rate for the pips.
For example if we assume that the amount of pips between high and low is 100 pips, and we give the conversion rate 10 the Radius is equal 100/10 = 10 bar
it means the radius is 10 bar , but this radius has both price and time included.
The conversion rate ( y) can be decimal or integer.
Can modify the R and change it into Scale R and define the R= X/y and the rest R2,R3,,,, is based on the R.
Thank you in advance .
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Re: Min Max Cycle

Postby High&Low » Wed Nov 08, 2017 3:31 pm

any help for modifying the indicator based on above explanation ?
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Re: Min Max Cycle

Postby Apprentice » Thu Nov 09, 2017 5:39 am

Your request is added to the development list under Id Number 3944
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Re: Min Max Cycle

Postby High&Low » Sat Nov 11, 2017 12:47 am

Hi Apprentice,

I found a better explanation than what I wrote above for scaling the chart, Please check the link below :

https://www.tradingview.com/chart/BTCUS ... ur-charts/


Thanks in advance
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Re: Min Max Cycle

Postby High&Low » Fri Nov 24, 2017 3:46 pm

Hi,

Any update ? Please help if it is possible.

Thank you
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Re: Min Max Cycle

Postby Alexander.Gettinger » Tue Jan 16, 2018 3:42 pm

High&Low wrote:Hi,

Any update ? Please help if it is possible.

Thank you


Please, try this version of indicators.
I added scale parameter.

Min Max Cycle2.lua
(6.52 KiB) Downloaded 68 times

Min Max Fib Cycle2.lua
(7.86 KiB) Downloaded 63 times
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Re: Min Max Cycle

Postby High&Low » Sat Jan 20, 2018 11:27 pm

Hi,

Thank you for your help. I appreciate it.

Is it possible to add scale parameter to the custom indicator as well ?

viewtopic.php?f=17&t=64556#p115759
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Re: Min Max Cycle

Postby Apprentice » Mon Jan 22, 2018 5:53 am

Can you give me an example?
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