Master Candle Indicator

• 10/22/2016 at 2:40 PM #15316
  mmichael

  Hello Nicolas,

  I noticed those “extra” dots are frequent and it will be nice to fix that issue. Is is possible to add the reset of bullish/bearish to zero when the first break out is made to have cleaner result?

  

  mmichael

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  10/23/2016 at 4:36 AM #15339
  mmichael

  Hi Nicolas,

  As concrete example, I attached the graph of eur/usd on 29 January 2016. you can see that there are 5 dots which do not correspond to any break out. I think it is better to not see them…

  Do you have a code suggestion to fix these not relevant dots? I do not know how to do the variable reset you mentioned…

  One other remark, I am very happy with the V10.3 and I think the visual representation can be better using drawrectangle and drawarrow functions.

  Many thanks.

  

  mmichael

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  10/23/2016 at 4:54 AM #15342
  mmichael

  I found the correction myself. here is it:

  // replace this part of the code if count=candlescount then patternbar = barindex goodhh = hh goodll = ll else bearish = 0 bullish = 0 endif

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  // replace this part of the code   if count=candlescount then patternbar = barindex goodhh = hh goodll = ll else bearish = 0 bullish = 0 endif

   

  

  mmichael

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  10/23/2016 at 1:07 PM #15362
  Nicolas

  Many thanks mmichael, you saved me some times. Would you mind upload here the final version of the indicator? Thanks, have a nice Sunday!

  

  Nicolas

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  10/23/2016 at 4:31 PM #15372
  mmichael

  Hello,

  You are welcome Nicolas. Here is the complete final code I have:

  PS.: the next step would be to bring some visual enhancements using the 10.3 functionnalities (drawline / drawrectangle)… But I am beginner, so if someone can help to do that enhancementit would be nice.

   

  candlescount = 4 count = 0 for i = candlescount+1 downto 1 do if i = candlescount+1 then hh = high[i] ll = low[i] elsif i<candlescount+1 and high[i]<hh and low[i]>ll then count=count+1 endif next if count=candlescount then patternbar = barindex goodhh = hh goodll = ll else //fix 23/10/2016 extra dots fix bearish = 0 bullish = 0 endif if barindex-patternbar<=3 then bearish = 0 bullish = 0 if close crosses over goodhh then bullish = low-3*pipsize bearish = 0 color = 1 endif if close crosses under goodll then bearish = high+3*pipsize bullish = 0 color = -1 endif endif return goodhh as "top", goodll as "bottom", bullish coloured by color as "bullish signals", bearish coloured by color as "bearish signals"

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  candlescount = 4   count = 0 for i = candlescount+1 downto 1 do if i = candlescount+1 then hh = high[i] ll = low[i] elsif i<candlescount+1 and high[i]<hh and low[i]>ll then count=count+1 endif next   if count=candlescount then patternbar = barindex goodhh = hh goodll = ll else //fix 23/10/2016 extra dots fix bearish = 0 bullish = 0 endif   if barindex-patternbar<=3 then bearish = 0 bullish = 0 if close crosses over goodhh then bullish = low-3*pipsize bearish = 0 color = 1 endif if close crosses under goodll then bearish = high+3*pipsize bullish = 0 color = -1 endif endif   return goodhh as "top", goodll as "bottom", bullish coloured by color as "bullish signals", bearish coloured by color as "bearish signals"

   

   

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  mmichael

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