To use engulfing candle high/low values to trigger signals

[hovedguy]

Hi All

Let me try to explain what I am intending to do first and later on will go to the technical difficulties

Let's say I would like to find out a bullish engulfing candle in m15 time frame and then save the high value of that candle as 'A' and low value is 'B'. Now I will check in current m5 time frame and would enter only if the closing price is > value 'A'. The SL is 'B' from entry point and take profit is difference between entry to 'B' multiplied by some factor.

My questions are -

1. Is there any way that I can save the value of A & B and use them in later blocks ?

Let me ask one question at a time

Thanks in advance

Regards
S

[hovedguy]

Could you please suggest if I'm heading in right direction

https://fxdreema.com/shared/PBWwdYw9d

[fxDreema]

I think you already know how to store values for later use. I'm not sure how engulfing candle can be found by using crossovers, but I can recommend you to be careful when you have blocks connected in paralel, as blocks 60, 70 and 80. I see that you gave them special numbers, but it's little bit more obvious what follows what if they are connected one after another.

[hovedguy]

Hi FxDreema

Thanks for your reply. I can't do multi tf back testing on weekends, so need to wait till market opens.

I am encountering difficulty in triggering singal at price cross at particular fibo levels. I am able to draw the fibo levels on chart but the signal is not activating. Could you please guide? Here's the link- https://fxdreema.com/shared/sEtTpml2c

Thanks !!

[fxDreema]

Try this: https://fxdreema.com/shared/tprHFn18e

Look at the first two settings in "Draw Fibonacci" - they tell the block how to manage objects. The same block can create multiple objects and because each object has unique name, if the block is set up to create multiple fibonacci objects, each of them has different name - fibo1, fibo2, fibo3... Basically "fibo" is only the base name, which is then appended with a number. But in my version I selected those options in a way to create only one fibonacci with name "fibo" and then update it.

[hovedguy]

Hi FxDreema

How to work around custom indicator when I've got only ex4 extension? In My Indicator section it gives a dead link. Please advice.

http://imgur.com/52Tw8ZR

Regards
Hoved

[fxDreema]

I missed to check this link, but here is it:

This will help you understand how to manually fill inputs and buffers: https://fxdreema.com/help/-/working%20w ... indicators
And here there is more info about how indicators work in general: https://fxdreema.com/help/-/you%20shoul ... indicators

I must say that custom indicators are not included to the final file, only their settings are. So, the only difference between uploading .mq4 file or filling all the data manually is that the first way is easier and faster. And by the way there is no upload, no files are uploaded to the server, they are read locally and only the input settings are sent to the server

.ex4 files are encrypted and I can't read them, that's why their settings must be filled manually. The most important thing is to fill the inputs in their original order and count. If you add or miss some of them, the indicator will not work well. Their names are optional, but it's better if they are also the same. It's the same with data types and buffers.

[hovedguy]

Hi FxD

Thanks for your reply. I am trying to include maloma channel indicator in my EA, but for some reason while testing in 'Indicator Tester' its showing only the value corresponding to 1st bar, and then rest all 0. Could you explain why?

Here's the project I'm working on - https://fxdreema.com/shared/QTnmbZiIb

And here's the indicator - http://www.free-mt4-indicators.com/malo ... cator.html

or http://www.forexfactory.com/showthread. ... ost3092880

Thanks a ton in advance You've been a great help, sorry to bother you so often.

[hovedguy]

__Hi FxD

Thanks for your reply. I am trying to include maloma channel indicator in my EA, but for some reason while testing in 'Indicator Tester' its showing only the value corresponding to 1st bar, and then rest all 0. Could you explain why?

Here's the project I'm working on - https://fxdreema.com/shared/QTnmbZiIb

And here's the indicator - http://www.free-mt4-indicators.com/malo ... cator.html

or http://www.forexfactory.com/showthread. ... ost3092880

Thanks a ton in advance You've been a great help, sorry to bother you so often.[/quote:g5opv5lk]

**Sorry, there's a problem with the indicator itself, it doesn't update values. **

[fxDreema]

This indicator has no inputs at all, there is very little chance to define it wrong in fxDreema But as a general rule, always try what the indicator is giving you on the previous candle (Candle ID = 1).

[hovedguy]

Thanks FxD for your all support. I have another question.

Lets say I have various fibo levels for different time frames and I would like to check if the price is away from those levels by x pips then make an entry. One way is to use- each condition per block (which will create many blocks).

Example-
Buy when Price is < level 0 - X and Price > level 0 + x
or Price is < level 1 - X and Price > level 1 + x
or Price is < level 2 - X and Price > level 2 + x

Is there any simple trick or special condition block to perform this operation?

Thanks in advance !!

[fxDreema]

"Condition" only checks one condition. There is a block named "Indicator moves within limits" and I think it can be used, because you want to check if the price is between two levels. The price will be the indicator for this block and the levels will come from Fibonacci (Dynamic value) and by writing something in "Adjust". I'm not sure that this will work, but this is my idea.

[hovedguy]

Hi FxD

Could you please tell me why the following 2 indicators are not yeilding any buffer values? I understand it takes into account the 3 currency pairs to calculate the currency strength and in backtesting it is not possible. But in forward testing, it should provide the buffer values right?

Is it something to do with the indicator coding or there's some settings I need to change in fxdreema to log the buffer values?

Thanks in advance !!

......
CCFp (1).mq4
CFP.mq4

[fxDreema]

I tried CFP and it gives my 0 with the default input settings that fxDreema reads, but they appear to be wrong. Well, not exactly wrong... The thing is that input settings are defined like this in the code:

extern int MA_Method = 3;
extern int Price = 6;
extern int Fast = 3;
extern int Slow = 5;
extern bool USD = 1;
extern bool EUR = 1;
extern bool GBP = 1;
extern bool CHF = 1;
extern bool JPY = 1;
extern bool AUD = 1;
extern bool CAD = 1;
extern bool NZD = 1;
extern int All_Bars = 0;
extern int Last_Bars = 0;

... and for bool fxDreema wants to see true or false, but the value is 1 and fxDreema thinks that the value is false. So, all of these are turned into false.

I set USD and EUR to true, then I tried this indicator in EURUSD and it works for me.

[hovedguy]

Thank you FxD......solved

[hovedguy]

Hello FxD

Thanks for all your support. I have another question

I was trying to get daily pivot, S1 and R1 values, but it is showing something strange. Am I doing something wrong?

Here's the link - https://fxdreema.com/shared/6l9RWHmmc

http://imgur.com/v28sod4

Thanks again !!

[fxDreema]

Oops, my fault, try now

[hovedguy]

Thank you very much FxDreema.

One new question -

I want to draw a trend line between Zigzag high ID 2 to zigzag high ID 1 and then draw an up arrow when price crosses above the trend line. I would like to draw the trendline automatically, not manually on the chart. Here's what I am doing, please help - https://fxdreema.com/shared/pV0STV3nc

[fxDreema]

There are 2 components of each point - Time and Price. Time is not a price and Price is not a Time. Time values are like this: http://www.epochconverter.com/ Price values are like 1.23456 (depends on the symbol). This ZigZag thing returns only the Price component, but I have no idea to develop it more