Candlesticks Condensed

Here you can post and download custom indicators. PLEASE: Do not start topics unless you are posting your own indicator, they will be moved to appropriate section even if you do.

Moderator: admin

Candlesticks Condensed

Postby Apprentice » Sun Mar 15, 2015 4:47 am

Candlesticks Condensed.png

In February 2015 issue of S&C magazine David Cline author of “Candlesticks Condensed” describes a process for condensing every candle on a chart into three numbers: HO (high-open), HC (high-close) and OL (open-low). Each number is a fraction of the average daily range. The three numbers together (HO:HC:OL) make up the bar’s signature.
Candlesticks Condensed.lua
(3.76 KiB) Downloaded 236 times
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 17510
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Candlesticks Condensed

Postby paololuigi » Thu Apr 02, 2015 1:55 am

Hi Apprentice, but why the figure show only two of the three symbol (HO, HL) you've described?
paololuigi
 
Posts: 15
Joined: Tue Sep 09, 2014 5:22 am

Re: Candlesticks Condensed

Postby Apprentice » Fri Apr 03, 2015 6:03 am

In my testing all three values are shown.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 17510
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Candlesticks Condensed

Postby paololuigi » Wed Apr 08, 2015 4:31 pm

in the last raw of code you've repeat HC label two times:

... local Label= string.format("HO:%i\n HC:%i\n HC:%i\n" , HO, HC, OL); ...

in your picture attached you can see it
paololuigi
 
Posts: 15
Joined: Tue Sep 09, 2014 5:22 am

Re: Candlesticks Condensed

Postby Apprentice » Sun Apr 12, 2015 6:40 am

Fixed.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 17510
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia

Re: Candlesticks Condensed

Postby Apprentice » Sun Aug 13, 2017 6:00 am

The indicator was revised and updated.
User avatar
Apprentice
FXCodeBase: Confirmed User
 
Posts: 17510
Joined: Thu Dec 31, 2009 11:59 am
Location: Zagreb, Croatia


Return to Custom Indicators

Who is online

Users browsing this forum: Yahoo [Bot] and 19 guests

cron