Boxes have 2 modes : full or split, full will change color depending on bid position, split will just split the boxes at their respectives open
you can have different colors for each bar and change their size.
Let me know if there's any bloops, i really made this quickly so...
Elixe, thank you for a great tool.. I added the H4 period since I tend to use the H4 in direction of D/W and the accumulating positions for a return back to the Mean, using the MST's as target. This is a huge help.. I am already making pips with it..
Wanted to share with the team here. Probably later will add H1 and give ability to show specific periods or not. Maybe someone here can do those features.
Again, thank you. Great job.
Have a great weekend everyone.
Boxes have 2 modes : full or split, full will change color depending on bid position, split will just split the boxes at their respectives open
you can have different colors for each bar and change their size.
Let me know if there's any bloops, i really made this quickly so...
Thanks for a great indicator , I am trying to put it on the same screen as the old dummy lights , can you tell me how I can move the DWM over to the right so I can see them both on the same screen .
ianp » Mon May 26, 2014 11:14 am wrote:
Thanks for a great indicator , I am trying to put it on the same screen as the old dummy lights , can you tell me how I can move the DWM over to the right so I can see them both on the same screen .
Thanks
Try this one it works with the dummy lights ok
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You don’t know what you don’t know, and that can KILL your account!
ianp » Mon May 26, 2014 11:14 am wrote:
Thanks for a great indicator , I am trying to put it on the same screen as the old dummy lights , can you tell me how I can move the DWM over to the right so I can see them both on the same screen .
Thanks
Try this one it works with the dummy lights ok
THank you very much , it works perfectly ,
now I will be able to compare dummy lights and DWM on the same chart.
AFAIK the levels have to be calculated. AFAIK it's based on some work my a guy called Marrian who's selling a system called Brilliant charts for ~$6000 (!). Those levels are basically calculated by what price action is doing around them and you have to find them manually those areas which haven't been tested yet.
I spoke to the dev and they have told me they are developing an indicator. I don't expect it to be cheap.
It perfectly possible to develop an indicator that rates levels by strength. Do a search on forexfactory for Bumasofts market theory for how to rate the levels - I'd love to see an indicator help automate this.
jago25 » Mon May 26, 2014 9:08 pm wrote:AFAIK the levels have to be calculated. AFAIK it's based on some work my a guy called Marrian who's selling a system called Brilliant charts for ~$6000 (!). Those levels are basically calculated by what price action is doing around them and you have to find them manually those areas which haven't been tested yet.
I spoke to the dev and they have told me they are developing an indicator. I don't expect it to be cheap.
It perfectly possible to develop an indicator that rates levels by strength. Do a search on forexfactory for Bumasofts market theory for how to rate the levels - I'd love to see an indicator help automate this.
jago25 » Mon May 26, 2014 9:08 pm wrote:AFAIK the levels have to be calculated. AFAIK it's based on some work my a guy called Marrian who's selling a system called Brilliant charts for ~$6000 (!). Those levels are basically calculated by what price action is doing around them and you have to find them manually those areas which haven't been tested yet.
I spoke to the dev and they have told me they are developing an indicator. I don't expect it to be cheap.
It perfectly possible to develop an indicator that rates levels by strength. Do a search on forexfactory for Bumasofts market theory for how to rate the levels - I'd love to see an indicator help automate this.
You should read the first pages of the 10.6 thread, Bob explains it all.
Hi Elixe,
Thanks for the reply, I know 10.6 dummy light but what I don't understand is dummy light in DWMopen bar indi beacuse of the light sometimes they are full color, sometimes they are half green half red and sometimes
