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MTF High, Low, Midpoint

This is a discussion on MTF High, Low, Midpoint within the Trading tools forums, part of the Trading Forum category; Hi, Please check out the MTF HighLowMidpoint indicator which is similar to the well-known Jan Arps' indicator . Attachment 16576 ...

      
   
  1. #1
    igorad
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    MTF High, Low, Midpoint

    Hi,

    Please check out the MTF HighLowMidpoint indicator which is similar to the well-known Jan Arps' indicator.

    Attachment 16576

    Regards,
    Igor

  2. #2
    Administrator newdigital's Avatar
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    Thanks a lot - this is good indicator:

    MTF High, Low, Midpoint-audusd-h4-alpari-limited-3.png


    MTF High, Low, Midpoint-audusd-m15-alpari-limited.png
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  3. #3
    Senior Member matfx's Avatar
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    Great indicator, reminds me of the old VT Trader trading platform which it use the high low for each default chart.

    MTF High, Low, Midpoint-usdcad.jpg

    MTF High, Low, Midpoint-eurjpy.jpg

  4. #4
    igorad
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    Hi,

    Please check out the updated MTF HighLowMidpoint indicator with the period separator.

    Attachment 17544


    Regards,
    Igor

  5. #5
    member mql5's Avatar
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    XPoints to predict the possible reversal points

    XPoints - indicator for MetaTrader 5

    MTF High, Low, Midpoint-picture__47.png


    The indicator predicts the possible reversal points. The EURUSD chart show an interesting pattern - some time before the reversal, there are bars with the following features:

    1. rate = (High - Low) / MathAbs(Close - Open) is significantly greater than 1;
    2. the lowest point (Low) touches the bottom of the channel (possible price growth), or the highest point (High) touches the top of the channel (possible price fall)

    These bars are conventionally called X-points. The indicator finds X-points based on the xrate parameter:
    (rate >= xrate) && (High-Low) >= xsize && (Up-Dn)>= xminupdn
    To filter out false signals, the indicator analyzes the bar that follows the X-point for any price movement in the predicted direction, as well as the position of bar midpoints relative to the center of the channel and each other.
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  6. #6
    member FXstreet's Avatar
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    Facebook: Top Manager Sees More Upside

    Facebook (FB) was off to a good start in 2019 even before it reported Q4 earnings last week and then jumped over 10% after beating expectations on revenues, earnings and monthly active users. Tony Mitchell, one of my managers, first bought Facebook at $16. At today's price of $169, Tony is still not selling because he sees more upside.

    MTF High, Low, Midpoint-fb.usweekly1.png


    Although Facebook is now up 22% year to date, it is still 24% off of its 52-week high of $218.62.

    more...
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  7. #7
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    Dear Igor

    Could you please add 2Day and 3Day Time Frame option to this HighLowMidpoint_v1.1 Indicator and also show background colors option for oversold and overbought zones.

    Thanks & Regards
    Giri Prasad
    Last edited by giri; 09-25-2019 at 05:32 AM.

  8. #8
    Administrator newdigital's Avatar
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    AdaptiveCOG Divergence indicator: MTF, divergence, arrow and alerts

    Premium section link -

    --------------

    MTF High, Low, Midpoint-adaptivecog-divergence212121.png


    AdaptiveCOG Divergence_v2.1 600+ indicator is on this post. This is the advanced adaptive Center of Gravity cycle MTF indicator with divergence, with arrow feature and with all kinds of alerts incl email alert.
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  9. #9
    igorad
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    Hi,

    Please check out the updated HighLowMidpoint indicator.


    Attachment 39867


    Regards,
    Igor

  10. #10
    Senior Member
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    Thanks Igor. What are the changes made, as when plotted v1.2 on v1.1 both are same and no difference noted. Am I missing something?


    Regards,
    Jag
    Quote Originally Posted by igorad View Post
    Hi,

    Please check out the updated HighLowMidpoint indicator.


    Attachment 39867


    Regards,
    Igor

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