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Everything posted by MTG

  1. MTG

    automatic trend lines

    Hi Jerry, I feel like the auto trend lines need updating. They are potentially very powerful indicators, used by most professionals (in contrast to stochastics, MACD etc, etc which no one seems to use). To be meaningful, trend lines need 3 touches. 2 touches can be drawn between any two points on the chart... anywhere at all. 4 touches are extremely rare. So it's all about 3 touches. As it is, MT doesn't find 3 touches, only 2 ("strength" parameter doesn't work). These can't be used in trading unless they happen to find a 3rd touch somewhere. So my suggestions: - find only 3 touch trendlines - have the option to extend the line right until the price crosses above/below. - have the option to show all/last lines across the chart, to see how well it has performed as an inidcator - don't limit where the lines can be drawn: any 3 lower highs or any 3 higher lows which create a straight line should be shown, even if the points are consecutive bars or months apart. These are very meaningful lines! - the first and second points will be exact. The 3rd touch will have to allow a tiny error allowance (ie. slightly above/below where it should be ideally). If this isn't included, you might get no lines at all. - allow the user to alter the sensitivity of the 3rd touch error allowance. Thanks,
  2. MTG

    automatic trend lines

    Hi Mike, I love this indicator, but it still feels unfinished. It would be a masterpiece if there was a just one more tweak. If we could make the first and second points major fractal truning points - not as an option, but as a fixed thing - then only the very best lines remain. I think that will mean more people will use it. It would tidy it up nicely.
  3. MTG


    Candlevolume charts? Would be nice.
  4. MTG

    Volume BUG

    Thanks again. I've been trying to reproduce it. The following plots something quite interesting, but different to MT version. b = Param("b",100,1,1000,1); // number of bars to perform calcs on EMAVol = EMA(Volume,b); // EMA of volume based on 'b' bars of data emamax = HHV(EMAVol ,b); // highest value of EMA volume in last 'b' bars average = Sum(Volume,b)/b; //average volume in last 'b' bars mx = HHV(Volume,b); // highest value of volume over the last 'b' bars. Using variable 'mx' instead of 'max'. croppedVol= max(emamax,Min(average *6, mx * 1.02) ) ; Plot( croppedVol, "",colorGreen, styleHistogram);
  5. MTG

    Volume BUG

    Mike, does the first mention of 'max' return the maximum of the 2 parameters in parentheses? It's different to the second mention of 'max', yes?
  6. MTG

    Volume BUG

    Thanks Mike. I've never seen this sort of treatment of volume on any other platforms, but it allows a much better visualization of accumulation in microcap stocks which can have enormous one day spikes in volume.
  7. MTG

    Volume BUG

    Quick volume question for Jerry/Mike. How do you code "not scale by max" in relation to the volume plot? Thanks.
  8. MTG

    Swing volume

    Hi Jerry, A cumulative volume for each zig-zag swing. As per Weis. Separate window. Thanks. Looks like this- https://tradingpsychologyedge.com/weiswave/
  9. MTG

    Swing volume

    Hi Mike, I've been looking at how the wave volume works in real trading and I think it's worthwhile, even though it necessarily has some forward looking bias. So long as one waits for the completion of the previous wave, all is good. Particularly useful when applied to a range candle chart. This video explains it nicely. https://www.youtube.com/watch?v=DzpTeFhBvYo What would be most helpful is to color the candle at which the previous wave is completed, as an indicator that the signal is now valid. Thanks for having another look.
  10. MTG

    Swing volume

    Sorry, yes he does use ATR to prevent future leak bias. It's based on Wyckoff method, and that name holds a lot of sway in trading as you know. The coding for it would be very basic. $500 is totally ridiculous, I agree.
  11. MTG

    Swing volume

    Weis uses close for the zigzag, and I notice that's possible with MT. So yes is the answer. Thanks Mike. I think the sensitivity will need to be a lot finer for the % change. Like say 0.00001 up/down arrow increments.
  12. MTG

    free account restriction

    Yes I checked that. They definitely weren't minimized - nothing at all was open as depth or charts. However after Win10 updates and several restarts it's working again. Thanks Jerry.
  13. Jerry, MT is telling me I'm not allowed to have more than 2 charts open, and I haven't got any open at all. Thanks.
  14. Hi Jerry, Bell Direct AU can filter the entire stock market (2500+ stocks) based on criteria the user chooses. It has an export facility (circled), and I'm hoping we could have a one click import of the stock codes shown on the page. They'd just need an :ASX suffix attached, and have them appear in the "add symbols" window. . Thanks.
  15. Hi Jerry, The scan start icon isn't clickable for custom scans, only for pre-defined ones. The other day it worked ok. Market is in session. Thanks.
  16. MTG


    Hi Jerry, Can we have MT query au.advfn for it's tops list gainers please for ASX? Say the first 3 pages would be great. ADVFN has built in filters which cuts down on a lot of work. https://au.advfn.com/insights/toplist/ASX/percentage-gainer/price/2 You might need an account. Free to sign up. Thanks.
  17. MTG


    Actually this might not work for me. Live data is fairly expensive.
  18. Is there a way to combine scan parameters? eg. turnover > $10 mill AND % gain > 5?
  19. Hi Jerry, Fantastic new feature, thanks.
  20. MTG

    Migrating to new computer

    Thanks. Pw reset working now. Not sure why I had problems before.
  21. Hi Jerry, I've been trying to migrate to a new computer and MT is saying the p/w or email are incorrect. So I deleted the MT folder and re-downloaded. Then Panda AV says "w32/Exploit.gen" detected in the downloaded file. So two questions - 1) how to start up on a new PC? and 2) What's the AV detecting? Thanks!
  22. MTG

    Scanner - requesting a discussion

    Hi Jerry, I like the idea of being able to filter an entire stock universe, but I'd like to be a reasonably quick process. eg. Show only stocks where ROC > 2 AND ATR(1) > 5 and turnover > 10 million. Thanks a lot.
  23. MTG

    Nail It

    I can't seem to 'Nail' the MT window for permanence. Is it just me? Thanks Jerry. http://www.softpedia.com/get/Desktop-Enhancements/Other-Desktop-Enhancements/Nail-it.shtml
  24. MTG

    Stock filtering

    Thanks Jerry. There's precious little out there that can do this efficiently. I don't subscribe at the moment, but I probably would for that feature.