Get Pointsizes and direction from different timeranges
Forums › ProRealTime English forum › ProBuilder support › Get Pointsizes and direction from different timeranges
- This topic has 7 replies, 4 voices, and was last updated 5 years ago by Nicolas.
-
-
06/25/2019 at 6:48 PM #101406
Hello Guys,
glad to be part of this great community. Hopefully i can give sth. back soon.
I am experimenting with the programming after reading the documentation (very short) and watching the tutorial videos. Great to get an idea. But is there an advanced documentation out there? I saw the advanced videos, but this is not enough to understand the programming deeply, i think.
What is the easiest way to get the pointsize with the direction of the last 1 hour, 4 hour, 7 days and so on, when i use e.g. the 5 min Chart like:
last 1 hour: 83 (long)
last 4 hours: 43 (short)
last 3 days: 285 (long)As i understand i would use the current price and then get the opening price of the timeframe above.
I would like to use it for an indicator which is using some probability calculation combining also pointsize and directions of different timeframes. As i said i am experimenting a bit 😉
In ProOrder i can use timeframes for this i think, but in indicator i cannot, correct? Which options do i have?
Sorry when the question was posted before but the search function does not find sth. in this direction and you cannot filter to only search the forums – why?
I appreciate any ideas
Thank you
Ruven
06/25/2019 at 9:12 PM #101410What is the easiest way to get the pointsize
Are we talking the same thing here?
Pointsize / pipsize is fixed for each market and can be found by hovering over the ! on any market (an example is shown at the red arrowhead on attached).
06/25/2019 at 9:26 PM #10141206/27/2019 at 7:59 AM #101499I may be wrong but I think that Ruven is talking about an indicator that tell how many points and in which direction the market has moved since the last opening of each timeframe candlestick.
(waiting for more explanation).
The advanced training videos teach you how to cook! Then .. you decide what recipes you’ll do with this new ability 😉
06/27/2019 at 9:21 AM #101513I may be wrong but I think that Ruven is talking about an indicator that tell how many points and in which direction the market has moved since the last opening of each timeframe candlestick.
Exactly Nicolas! My idea is an idicator which gives me from now (the current price) how many points the price is up or down since the last 1 Hour, 4 Hours, Days etc. Maybe you can give me a simple example which way i should go. Thank you!
I will give the advanced Videos a try, but i normally prefer advanced or extended documentation which i can refer to, when needed. Is there any out there? The documentation from the help section seems to be just for the first steps.
Ruven
06/27/2019 at 1:57 PM #101535Well, there is no built-in instruction for that, you have to make the calculation by yourself.
To get the last hour price change, you can try with:
1234567if hour<>hour[1] then //hour change on the current barstart=close //reset the starting price of the calculationendifdiff = (close-start)/pointsize //make the different in pips/pointreturn diffOr you could change the condition to reset the start price at precise hours:
1234567if hour=000000 or hour=040000 or hour=080000 then //hour change on the current barstart=close //reset the starting price of the calculationendifdiff = (close-start)/pointsize //make the different in pips/pointreturn diff(not tested)
06/27/2019 at 6:32 PM #101555Hey Nicolas,
thank you for your ideas. You are a real pro. Reffered to my question above. Are there any extended documentation out there? I wonder that i didnt find sth.For the metatrader i used since years, there are plenty books and Tutorials out there. Also the documentation is way bigger and more complete.
Anyway i really like the prorealtime plattform, so i will give a try.06/27/2019 at 7:25 PM #101556 -
AuthorPosts
Find exclusive trading pro-tools on