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comdoc
rank: <50 posts
Joined: 04 Aug 2008
Posts: 9
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andypeters
rank: <50 posts
Joined: 19 Sep 2009
Posts: 31
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| I take it thats a NO then ?
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bredin
rank: 500+ posts
Age: 36
Joined: 16 Feb 2009
Posts: 715
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yes there is is.
they are called cluster indicators.
they are available at the metaquotes codebase, one version is here
G.
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Spotforex
rank: <50 posts
Joined: 28 Jul 2010
Posts: 1
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bredin
rank: 500+ posts
Age: 36
Joined: 16 Feb 2009
Posts: 715
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It looks to me like TROS is based on these indicators, with some niceties thrown in, in typical TRO style 
You would have to ask TRO if that particular indi was ever released free/donational.
G.
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andypeters
rank: <50 posts
Joined: 19 Sep 2009
Posts: 31
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| bredin, thx v much for pointing those out to me. They seem quite similar to those of 4xlounge but there are interesting differences which I'll monitor next week.
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andypeters
rank: <50 posts
Joined: 19 Sep 2009
Posts: 31
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Looking back in time, the cc lines are not as good an indicator of future movement compared to those at 4xlounge but I'll see how they do walking forward....
If anyone has anything which is a closer approximation to the Barometers they have at 4xlounge but in MT4, I'd appreciate it
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noushina
rank: 50+ posts
Joined: 25 Sep 2009
Posts: 93
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| andypeters wrote:
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I take it thats a NO then ?
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Those spaghetti indicators are memory hogs. The heat map stuff is more clear (but still largely useless in my opinion)
See: http://kreslik.com/forums/viewtopic.php?t=1796
This pic is especially useful in re the donational indicator
"TRO2009_%Change_SW"
Have to put it on several times for each pair you want to monitor. Its a hog too, but I think one of the cooler "heat maps"
and there is TRO's traditional original heatmap dashboard which I believe is the only DB that he has released that is not donational (so I will post it so you don't have to go hunting)
YOU SHOULD KNOW BETTER. DO NOT POST MY CODE. You may not have the latest version!!
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andypeters
rank: <50 posts
Joined: 19 Sep 2009
Posts: 31
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Thanks but I cant get it to appear in my custom indicator list. I'm not that keen on it anyway but thanks for the thought.
Take another look at the Cluster indicators however as there does seem to be mileage in them and the concept is sound.
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bredin
rank: 500+ posts
Age: 36
Joined: 16 Feb 2009
Posts: 715
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any,
iir all those cluster indis are MA based, which means they repaint and are laggy
I have proved to myself that the iMA function of MT4 repaints, even with a simple moving average based on open price, which by formula should never change.... , and of course they are laggy and thus mostly useless....
G.
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_________________
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
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