Posts made by Jaychyke

I have reasonably confirmed that the builder's Pivot Calculations for Classic Pivot Points are wrong. It is impossible to have the middle pivot line (Pivot) of the last closed candle (as calculated by the EA builder) to be significantly below the middle of the said candle! My manual Classic pivot calculations are correct and same with custom indicators, but those of the builder are way too convergent. Kindly recheck.

Yes, we have "Timeframe" and "Candle ID" in "More settings"; I've chosen H4 as timeframe, but when the Candle ID is left at O, the EA did not run, so I changed the Candle ID to 1, and the EA executed. However, the EA calculations for "Classic Pivot Point" were different from my manual calculations, though my calculations were the same with a custom indicator. I wouldn't know what caused the difference; maybe the default EA calculations were for another candle. You may wish to revisit those calculations to ensure they are correct.
I advocate for the inclusion of "Candle Start Time" and "Candle End Time" in more settings. You may wish to add "Choose Candle by" .... "Candle ID" ... or "Candle Time". That would be more specific or give more room in choosing candles for calculations.
At current settings one can not choose more than one candle for pivot calculations, that's not good enough.

I guess by default the Pivots change with new candles/bars. Kindly consider adding the option to specify a particular candle/bars, or number of consecutive candles (according to the timeframe chosen) on which the pivot calculations should be based. That will be the icing on the cake. Good job so far!

You're the man, you listen! Thanks so much for the sacrifice, I really appreciate!

Thanks for the prompt reply. And many thanks for the link you provided. I could work on the wrong values, but could they be the reason why the EA is not "seeing" or calculating the other pivot values, in spite of the formulae specified? What can I do, apart from correcting R3 and S3 calculations, to make the EA trade these pivot values?

Good day and Happy new year Fxdreema,
I have tried to modify all the formulae from S4 up to R4. I have tried to use "Condition" for the EA to recognise these values, and make them tradeable, but the EA does not yet recognise those values. What am I doing wrong that makes the EA not to "recognise/see" these my pivot variables? See what I have done so far https://fxdreema.com/shared/LaqDgyJ7b, and kindly suggest any improvement(s) in affected blocks.

Again, if I may suggest an improvement to your software, it is good you added pivot values, but please see the possibility of creating the option to select Pivot values based on type of pivot calculation and timeframe. Also give opportunity of defining extended pivots values of R4, S4, and any others.

@Jaychyke said in WORKING WITH PIVOT LINES:

Hello Fxdreema,
I've been working to produce an EA that will draw the following pivot lines (R4, R3, R2, R1, Pivot, S1, S2, S3, S4) on a chart. The EA on compilation successfully drew R3, R2, R1, Pivot, S1, S2, and S3 lines on the chart, but not R4 and S4. I've tried every trick I know without success; my R4 which should ideally be placed after R3 appears below the Pivot line, S4 is nowhere to be found. shared/laLuGxmle is how far Ive gone. Please help!
The link is https://fxdreema.com/shared/laLuGxmle
The

Hello Fxdreema,
I've been working to produce an EA that will draw the following pivot lines (R4, R3, R2, R1, Pivot, S1, S2, S3, S4) on a chart. The EA on compilation successfully drew R3, R2, R1, Pivot, S1, S2, and S3 lines on the chart, but not R4 and S4. I've tried every trick I know without success; my R4 which should ideally be placed after R3 appears below the Pivot line, S4 is nowhere to be found. shared/laLuGxmle is how far Ive gone. Please help!

OK, I've seen the others. But the other options DO NOT specify my calculations for the S and R lines. I'm sorry, I don't mean to bother; kindly tell me how to specify other calculations of pivots, or how the pivot lines could be "seen" and selected for trade triggers, Stop loss and Take profit. For example, I would want to start a Sell trade when the price TOUCHES R1 from below; TP is Pivot price while SL is R2.

Thank you! I saw the "Market properties - Pivot points" but the Mode is only one "H+L+C/3". I thought this only calculates Pivot point. If I specify other values like S1, R1,..... there is only one Mode "H+L+C/3" to choose. Do I take it that these other values of S and R are automatically calculated, even when Mode "H+L+C/3" is selected? If not, how do I specify the formula (2 x Pivot) - High, for example, for S1 value?, and another formula for other R and S values?

I'm so sorry for the mess. Please pardon my ignorance; believe me, I"m trying so hard, I'll get there! About what the EA is intended to do, this EA is supposed to define pivot, S1, S2, S3, R1, R2, and R3 lines based on the last H4 candle of EURUSD, and draw same lines on the chart. This was what I tried to do with the formula blocks (I don't know if I got them). When price reaches (touches) R1, the EA is supposed to SELL with TP at Pivot line and SL at R2, all Pivot, R1 and R2 having been previously defined by the EA. That's simple. I have tried to modify the formula blocks to see if i get better results; unfortunately same results of multiple trades. https://fxdreema.com/shared/BepaUKQ8. Thank you for your help so far!

I don't know what I've done or what I'm doing wrong! I've changed the == sign as instructed to x>; still the trades just trigger without recognizing the set conditions, nor SL and TP values. I've even changed to ask the EA to pick the lines as "Object on the chart", but trades just trigger on initiation. If I were right in making the EA calculate and draw these pivot lines visibly on the chart, I can't figure out why the EA cannot use the same lines for trades! https://fxdreema.com/shared/AzEdLnuJc. Kindly help!

You're absolutely right! I've figured that out. However, I've tried my best to use these pivot lines for trades. These pivot lines were not recognised or picked by the EA!; the "Sell now" command just triggers with the open price, contrary to what was set in the EA, and SL and TP are also not recognised as instructed. Is there something I'm getting wrong? Please take a look https://fxdreema.com/shared/0XV7QfZnd. A kind help will very much be appreciated.

I don't know what I'm getting wrong, but I cant have my pivot lines drawn as requested. I want the Pivot lines drawn based on the last H4 candle, at 00:00. This is what I've done so far https://fxdreema.com/shared/ZnIbQmwge. Kindly help!

Hello FxDreema,
I have been working on this project but have not succeeded so far. it's about trading the range breakout between specified hours. The range must be lower than specified number of pips. After compilation the EA cannot load! Maybe something is wrong with one or two blocks. Please check it out and let me know what I'm doing wrong https://fxdreema.com/shared/O5QYq0Pzc

Sorry, I couldn't find the "On Trade" button!

Hello FxDreema,
I want to open a New Pending Order when a previously set pending order is activated. For example, I want to open a New Sell Stop Order when a previously set Buy Stop Order is activated. In what I've done so far, https://fxdreema.com/shared/S8JeD7hoe, the desired new pending order doesn't get set when a previous pending order activates/triggers. I tried to use " If Trade is running", no success, then I tried "For each trade" (the latest trial), no success too. The new pending order starts only after I restart the EA, after the previous pending order is already running. I want the new pending order to be set immediately after the activation of the previous pending order. Which command/button should I use? Please help, thanks.

EUREKA!!!! I'm speechless! I finally got it....Who says you're not simply the best? I'm so grateful, FxDreema!!!

You're correct, very correct. The problem is this EA as I have it so far does not portray my idea! And I have tried to tweak it several times but have not succeeded. I dislike bothering you this much, but I really need HELP now that I have come to my wits end. If you'll be gracious enough to offer some more assistance, here's what I really want:
I want to draw Fibonacci retracement with those customised settings between THE HIGHEST HIGH OF THE PREVIOUS DAY and THE LOWEST LOW OF THE SAME **PREVIOUS **DAY!
I have so far managed to get the time settings right, but the candles' settings is proving stubborn! It would always display the low of the current day, and not the low of the previous day like I wanted it. I set the candle time 96 because I'm using the 15min timeframe (there are 96 candles in one day of trading in a 15min timeframe).
Here's what I have done so far
https://fxdreema.com/shared/N0Ji1pRee
You can take a look and advise me further. Thanks a million!

Thanks for the quick response, FxDreema, I appreciate!
I believe you were kind enough to scrutinize what I've done so far in the EA. So.....Do you mean it that I got the percent values right? That is, if the current EA as I prepared it is launched, it will display the custom levels and prices? If that is done, that'll be fine for me! I'm not that fastidious for the custom names. But.....I would want the Fibonacci retracements to be redrawn everyday (like I specified in the EA); that is, it should be automatically updated. Certainly, the new Fibo should have new values. I'd appreciate if you can help me with this.
Once again, thanks a lot!