Indicator rise
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Hi,
I need the blocks Indicator rise and Indicator fall, but they dont work and I dont know why. Are there any special things to do with this blocks
Need help!! -
Yes, when you have blocks glowing red, they are switched off, in other words - they do not execute. Right-click on this block and hit "On/Off".
Now I can see that I have made this block for indicators that can measure their levels in pips... chart indicators like Moving Average. I'm not sure how it works for indicators on a separate chart... I have to put options like "Points to fall" and "Points to rise", not only "Pips to fall" and "Pips to raise".
In any case, this can be also made with Condition block - put the same indicator there, on the right side with Candle ID = 1 and in Adjust write something like "+10" or "-10"... some value depending on the indicator.
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should it work with ADX? Because I need it for ADX indicators. The blocks are activated, this was my first thought.
I tried it already with the condition methode but I want to know if I make any mistake for the future, and the blocks seems to me a bit easier.
best regards
Michael -
I added this option, check it out.
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Sorry, which option??
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Rise mode -> Rise with certain value
Fall mode -> Fall with certain value -
Ok, thanks...I will try.
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Sorry, can´t find the options. In which block do you add them? The Indicators block? I tried again the "Indicator Rise" but it doesn´t work. I think I made a mistake!?
Please have a look at the added image. Maybe you see the mistake.
Thanks
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Indicator rise.PNG -
Rise mode -> Rise with certain value (Value to rise)
Fall mode -> Fall with certain value (Value to fall) -
I´ve tried it with several settings...the block gives never a signal.
Whats my mistake??? -
Aaaah, try with 2 for "Candles to rise". For some reason I made it in a way that this number describes the number of candles who participate in the calculation, and you have minimum 2 candles that you can do calculations for. I wondered if this is correct, or it's more correct to say that you can have 1 candles to rise... so I think I can edit this behaviour in the future, but I'm not really sure that I have to.
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Thanks for the effort. I will try..
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I would like to give you better infos......but it doesnt work. No signal... Maybe you can send me a script who is working so I can have a look where I did the mistake.
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How "Indicator rise" works...
You load the indicator. By default it is with Candle ID = 0, which means that it's current value is used.
The idea is that for X candles in the past, that indicator is rising (every next value is bigger than the previous one). So, we start from from the Xth candle in the past, then the next one (X-1)... depending on how many candles are chosen, until we reach the candle that is chosen for the indicator (Candle ID).I just edited the behaviour of "Candles to rise" so now when it is 1, that means that the block will check if there is a rise between the previous candle and the current candle of the selected indicator.
http://fxdreema.com/shared/ucFKJ0TJc
Test that in M30, you will not see many arrows as a result... if any. That's because in the moment of a new bar's creation, the current and the previous ADX value is basically the same in M30. Test it in M1... there will be many.
Remove "Once per bar" in M30 and there will me more arrows, because now it waits all bar long for ADX[0] to rise.
The situation on the right is identical, but with Condition.I also noticed that ADX value does not update on every tick, there is probably some treshold.
Anyway, everything depends on the timeframe, first candle, last candle and the distance between first and last candles.
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I have tried your example..works. I wonder why there are such a little amount of arrows because the indicator falls, rise, falls, rise.....on EURUSD M5. One week about 6 arrows ??
So I try my own Indicator rise....what do you think....no signal
Please can you have a look at my example??
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Indicator rise = indicator moves from lower point to higher point. It is lower in some old candle in the past and it's higher now.
Indicators like MA have values like 1.2345... price values. The difference between two points of MA is how much? You use value of 2, why?
I will remind you that this block had "pips rise" option, but not "value rise" option. Do you understand the difference? In other words, do you understand the difference between ADX and MA? ADX has values between 0 and 100 and point distances are measured in.... I like the word "apples", MA has price values and you can measure the distance between two points in "apples" again (like 0.0002 or 0.0013...) or in "pips" (where 0.0002 is written as 2, but means 0.0002).By the way it's better to connect 2 blocks one after another instead of using "AND".
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Maybe I will recommend you to use Condition block and "Adjust" field to detect indicators rise and fall
It's more direct way to do it The idea is: if indicator[new candle] > indicator[old candle] + some value => then indicator is rising with at least "some value" between those two candles. -
Thank you for your patience, I think I've got it!
How would you define a sharp increase? Simply more several candles?
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This is the simplest way - to detect if at least X pips are rised for Y candles. The most intuitive is to think about the angle of the line, but this is not right, because that angle depends on the chart settings (candles width, zoom), not on the price. But it's also not very correct to compare something relative (like Moving Average for example) with something fixed (pips, distance in price). Maybe because of that MA crossover exists.
Well, in the same time I don't know how useful will be to detect rise/fall of % of the price for Y candles, because in this case you have to write very small % value... after all what are say 20 pips (0.0020) of the current price (1.2345 for example). So, 20 pips rise for 5 candles sounds a little bit better.
So, thinking abount that I reached to the point where we probably need to calculate the acceleration of the line itself, in other words - how the distance traveled in a single candle period compares to the distance traveled for the previous candle... and how this compares to the previous candle... and so on.
And this leads me to the conclusion - maybe there are indicators that measures exactly that? I know that there is an indicator called "Accelerator indicator" or something like that, but to be honest I don't know how it works
