PriceChannel_Stop

Originally Posted by agungp

Hi Igor,

Thanks for this great indicator.
Would you mind to share this indicator in histo version?
I think it would make the chart look more simple.

Regards,
Agung

Hi agungp,

Please check out the PriceChannel_Stop indicator in the histo version.

Code:

//---- input parameters
extern int     TimeFrame            =     0;    //TimeFrame in min
extern int     UpBandPrice          =     2;    //Upper Band Price(ex.2 for High)     
extern int     LoBandPrice          =     3;    //Lower Band Price(ex.3 for Low) 
extern int     ChannelPeriod        =     9;    //Channel Period (eg.9)
extern double  Risk                 =     0;    //Channel Narrowing Factor(0..0.5)   
extern double  Ratchet              =   0.0;    //Ratchet(-1-off,>= 0-on) 
extern double  IndicatorValue       =     1;    //Indicator Value (ex.1.0)
 
extern string  alerts               = "--- Alerts & Emails ---";
extern int     AlertMode            =     0;
extern int     AlertShift           =     1;    //Alert Shift:0-current bar,1-previous bar
extern int     SoundsNumber         =     5;    //Number of sounds after Signal
extern int     SoundsPause          =     5;    //Pause in sec between sounds 
extern string  UpSound              = "alert.wav";
extern string  DnSound              = "alert2.wav";
extern int     EmailMode            =     0;    //0-on,1-off   
extern int     EmailsNumber         =     1;    //0-on,1-off

Attachment 13387

Regards,
Igor

Originally Posted by igorad

Hi agungp,

Please check out the PriceChannel_Stop indicator in the histo version.

Code:

//---- input parameters
extern int     TimeFrame            =     0;    //TimeFrame in min
extern int     UpBandPrice          =     2;    //Upper Band Price(ex.2 for High)     
extern int     LoBandPrice          =     3;    //Lower Band Price(ex.3 for Low) 
extern int     ChannelPeriod        =     9;    //Channel Period (eg.9)
extern double  Risk                 =     0;    //Channel Narrowing Factor(0..0.5)   
extern double  Ratchet              =   0.0;    //Ratchet(-1-off,>= 0-on) 
extern double  IndicatorValue       =     1;    //Indicator Value (ex.1.0)
 
extern string  alerts               = "--- Alerts & Emails ---";
extern int     AlertMode            =     0;
extern int     AlertShift           =     1;    //Alert Shift:0-current bar,1-previous bar
extern int     SoundsNumber         =     5;    //Number of sounds after Signal
extern int     SoundsPause          =     5;    //Pause in sec between sounds 
extern string  UpSound              = "alert.wav";
extern string  DnSound              = "alert2.wav";
extern int     EmailMode            =     0;    //0-on,1-off   
extern int     EmailsNumber         =     1;    //0-on,1-off

Attachment 13387

Regards,
Igor

Can you update this with lates prices like 9.3?

Also, can you add an option to make it adaptive as well?

Thanks

Originally Posted by thor68

Can you update this with lates prices like 9.3?

Also, can you add an option to make it adaptive as well?

Thanks

Hi thor68,

Please check out the updated PriceChannel_Stop Histo indicator.

Attachment 30314


Regards,
Igor

Igor:

For this indy, is there a setting similar to Multiplier from the Volty_Channel_Stop indy?

Of this Price_channel, Volty_Channel, Fractual_Stop, which one do you like the most?

I also recall one based on the Guppy_MA? If so can you point me to it?

Is it possible to put this indicator in a library file (mpq) or in a function to be put into other indicators?

Originally Posted by thor68

Igor:

For this indy, is there a setting similar to Multiplier from the Volty_Channel_Stop indy?

Of this Price_channel, Volty_Channel, Fractual_Stop, which one do you like the most?

I also recall one based on the Guppy_MA? If so can you point me to it?

Hi thor68,

You can use the Risk parameter instead of the Multiplier but please remember the Risk is the Price Channel margin factor:

upband = upmax - (upmax - lomin)*Risk
loband = lomin + (upmax - lomin)*Risk

where upmax is upper band of the price channel and lomin - lower band.


Regards,
Igor

Originally Posted by igorad

Hi thor68,

You can use the Risk parameter instead of the Multiplier but please remember the Risk is the Price Channel margin factor:

upband = upmax - (upmax - lomin)*Risk
loband = lomin + (upmax - lomin)*Risk

where upmax is upper band of the price channel and lomin - lower band.


Regards,
Igor

Thanks

Would a 2 as Multiplier be the same as 2 on the Risk Input then? If not what would be then?

Igar:

Can you answer question?

I put 1 in and get a bug in the file I believe, it plots random dots.