Price-o-Meter Current Price Action Speed Indi

Post by **RisklessPips** » Tue Jul 19, 2016 1:45 pm

Jemook » Tue Jul 19, 2016 2:49 pm wrote:Had a couple of ideas

1. Option to only show (and calculate to save CPU) the pair on the chart. This way the information can also be used as a heads up display when dropped on any chart for only that pair.

2. Perhaps bold the text on the ATR for any timeframe that has already reached it's ATR. I know this can be seen with the PoM column - however sometimes the ATR can be reached and retrace. For my trading if the ATR has already been reached for a TF then I'm not interested in getting in and chasing it again if it retraces. Bolding the text would show me that it has already reached ATR at least once during that TF.

Hope that makes sense. Probably one of the cooler concepts I've seen come out of SHW in recent years and there's been some great stuff.

Cheers
Jeremy

Jem

Too kind. High praise indeed and I appreciate it very much.

Rene and I are working on a few modifications as hinted at earlier.

These suggestions are in my pipeline and will be discussed and a decision made in due course.

Please bear with us. Rene is a busy man and it is better we work with scheduled changes in a structured fashion. I know you understand.

Charles

Post by **Jemook** » Tue Jul 19, 2016 1:54 pm

Hi Charles,

Of course!! No expectations at all, just giving a few ideas

Cheers
Jem

Post by **renexxxx** » Tue Jul 19, 2016 7:50 pm

Jemook » Tue Jul 19, 2016 10:49 pm wrote:Had a couple of ideas

1. Option to only show (and calculate to save CPU) the pair on the chart. This way the information can also be used as a heads up display when dropped on any chart for only that pair.

2. Perhaps bold the text on the ATR for any timeframe that has already reached it's ATR. I know this can be seen with the PoM column - however sometimes the ATR can be reached and retrace. For my trading if the ATR has already been reached for a TF then I'm not interested in getting in and chasing it again if it retraces. Bolding the text would show me that it has already reached ATR at least once during that TF.

Hope that makes sense. Probably one of the cooler concepts I've seen come out of SHW in recent years and there's been some great stuff.

Cheers
Jeremy

Hi Jem,

Fantastic to see you here!

The first option, can already be achieved with the current version of P-o-M: Just enter the string "NULL" (without the quotation marks) into IncludeSymbols.
As for that second option, that shouldn't be too hard, but I'm currently working on a few other enhancements. I can add this to the list.

Cheers ... Rene.

DavidB · Post by **DavidB** » Tue Jul 19, 2016 9:19 pm

very nice idea. Simple and innovative the same time. Thank you for sharing guys.

Just a thought, and dont feel obiged to add this onto you project list yet:

Wouldt it be handy to make an oscillator out of this? Not the traditional kind where extreme values are curled to always stay within +/- 100%lines. But a line giving the momentum relative to the ATR% and a line representing the ATR% reference.

Post by **RisklessPips** » Wed Jul 20, 2016 9:08 am

Price-o-Meter has had a major upgrade and functionality enhancement.

If you have already read post 1 of this thread please go back and read the Edits section at the bottom of Post 1.

PoM now comes in two flavours

1) A stand alone indi (as previously released, but with some cool additional features)

2) An EA that allows you to trade immediately you see a fast moving price action that sometimes only lasts a few minutes.

My heartfelt thanks to Rene for his wonderful work in making these ideas a reality.

Charles

Post by **gigikitajaya** » Wed Jul 20, 2016 9:48 am

RisklessPips » Wed Jul 20, 2016 4:08 pm wrote:Price-o-Meter has had a major upgrade and functionality enhancement.

If you have already read post 1 of this thread please go back and read the Edits section at the bottom of Post 1.

PoM now comes in two flavours

1) A stand alone indi (as previously released, but with some cool additional features)

2) An EA that allows you to trade immediately you see a fast moving price action that sometimes only lasts a few minutes.

My heartfelt thanks to Rene for his wonderful work in making these ideas a reality.

Charles

Hi Charles,
it's amazing and very cool stuff... :!!:

Post by **Jemook** » Wed Jul 20, 2016 9:53 am

Super cool!

Today didn't have any strong D1 PoM's so didn't trade it but was watching it all day.

Definitely looks better to trade in EUR / NY session when the market is more alive.

It would be a great option in the EA to set it to auto-close the trade as soon as the red/green disappears on the pair, to me that's when I'm out rather than setting a TP/SL. Maybe next version?

It's amazing how you guys have pushed this indicator to the limit. Sortable columns, auto trades when clicking etc.

Keep it up!

Cheers
Jeremy

Post by **RisklessPips** » Wed Jul 20, 2016 10:09 am

Jemook » Wed Jul 20, 2016 11:53 am wrote:Super cool!

It's amazing how you guys have pushed this indicator to the limit. Sortable columns, auto trades when clicking etc.

Keep it up!

Cheers
Jeremy

That's Rene's work

Charles

Post by **RisklessPips** » Wed Jul 20, 2016 10:10 am

Jemook » Wed Jul 20, 2016 11:53 am wrote: It would be a great option in the EA to set it to auto-close the trade as soon as the red/green disappears on the pair, to me that's when I'm out rather than setting a TP/SL. Maybe next version?

Cheers
Jeremy

Good ideas Jem - keep them coming

Charles

1000pips · Post by **1000pips** » Wed Jul 20, 2016 3:51 pm

cheers dude great stuff here