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 monolisa
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Hi deeforex,
I have both v1.4 (Period_Converter_Opt.mq4) and v1.5 (periodcon.mq4) of the period convertor (attached).
I have an issue with v1.5. After I create an offline chart using the indicator, if I change the timeshift again, the offline chart does not refresh to reflect the new starting time.
Do you have the same problem?
Thanks.
Lis
I have both v1.4 (Period_Converter_Opt.mq4) and v1.5 (periodcon.mq4) of the period convertor (attached).
I have an issue with v1.5. After I create an offline chart using the indicator, if I change the timeshift again, the offline chart does not refresh to reflect the new starting time.
Do you have the same problem?
Thanks.
Lis
deeforex wrote:MightyOne wrote:Now we just have to figure out how to add time shift to these indi.
Hi MO!
I guess you are using an older version of Period Convertor. Use this one, it has a TimeShift variable in it. I haven't played with it so I can't say how well it works.
dee
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 Period_Converter_Opt.mq4
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 periodcon.mq4
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 monolisa
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Hi MO,
I hope you don't mind clarifying some of the points below. I have made some comments about them.
I just want to understand thoroughly the concepts you are trying to describe. I may be a slow learner but I am keen to know.
Three candles show the way
2/3 truth and 1/3 lie
Several candles show the way
they are but three
2/3 truth and 1/3 lie
Comments:
I undertand that the candle period (time) varies and might not conform to the standard TF in MT4, but all three must have the same period. However, I am not sure of the exact nature of truth/lie and, specifically, the sequence of truth/lie among the 3 candles. Also, does the 2/3 truth and 1/3 lie apply to price as well?
You are always trading the truth found amidst a lie; taking the narrow road that leads toward reward.
The truth is the precursor and the event and the lie is the enclosure for the slaughtering of sheep.
The lie does not move toward or become truth
The truth is the the punishment for those that believe the lie.
Comments:
I try to understand this using logical thinking.
If the truth is within a lie, and assuming that there are 3 seperate events (3 candles) and 2 of them are the truth and one of them is the lie, how could it be possible? The only way possible is LIETRUTHLIE. Or are you saying the truth is within the LIE candle?
Second sentence is a bit easier to understand. I would think TRUTHLIETRUTH fits the bill, right?
Third sentence is really perplexing. The only configuration possible is TRUTHTRUTHLIE (lie does not move toward or become truth)
Last sentence  if you believe the lie, the truth will seek you out and destroy you! TRUTHLIETRUTH!!
Yes, only instead of watching a specific time frame the time and magnitude of the period is based on the event and not decided by the trader.
Comments:
What is the event? Is it the candlestick of specific time period?
You would see a burst of momentum and mark where it starts to die off.
If from start to finish that were 9 hours then you would set the period converter to start drawing bars 9 hours prior to the momentum and create 9 hour bars.
As far as price is concerned, a real move is when price moves further than the largest correction that returned to the extreme.
Comments:
I see a burst of momentum. Then I mark the momo candle and count until the highest high or lowest low mark. I then add 1 to the count (to include the premomo candle) and the final number is the custom period I am concentrating on. Is it correct?
Regarding real move/correction, if price trends down and retraces, the correction range is the point between the lowest low and the highest point of the correction. When price returns to the extreme (ie. the lowest low) and breaks that level then there's the real move. Is that right?
Thanks in advance.
Lis
I hope you don't mind clarifying some of the points below. I have made some comments about them.
I just want to understand thoroughly the concepts you are trying to describe. I may be a slow learner but I am keen to know.
Three candles show the way
2/3 truth and 1/3 lie
Several candles show the way
they are but three
2/3 truth and 1/3 lie
Comments:
I undertand that the candle period (time) varies and might not conform to the standard TF in MT4, but all three must have the same period. However, I am not sure of the exact nature of truth/lie and, specifically, the sequence of truth/lie among the 3 candles. Also, does the 2/3 truth and 1/3 lie apply to price as well?
You are always trading the truth found amidst a lie; taking the narrow road that leads toward reward.
The truth is the precursor and the event and the lie is the enclosure for the slaughtering of sheep.
The lie does not move toward or become truth
The truth is the the punishment for those that believe the lie.
Comments:
I try to understand this using logical thinking.
If the truth is within a lie, and assuming that there are 3 seperate events (3 candles) and 2 of them are the truth and one of them is the lie, how could it be possible? The only way possible is LIETRUTHLIE. Or are you saying the truth is within the LIE candle?
Second sentence is a bit easier to understand. I would think TRUTHLIETRUTH fits the bill, right?
Third sentence is really perplexing. The only configuration possible is TRUTHTRUTHLIE (lie does not move toward or become truth)
Last sentence  if you believe the lie, the truth will seek you out and destroy you! TRUTHLIETRUTH!!
Yes, only instead of watching a specific time frame the time and magnitude of the period is based on the event and not decided by the trader.
Comments:
What is the event? Is it the candlestick of specific time period?
You would see a burst of momentum and mark where it starts to die off.
If from start to finish that were 9 hours then you would set the period converter to start drawing bars 9 hours prior to the momentum and create 9 hour bars.
As far as price is concerned, a real move is when price moves further than the largest correction that returned to the extreme.
Comments:
I see a burst of momentum. Then I mark the momo candle and count until the highest high or lowest low mark. I then add 1 to the count (to include the premomo candle) and the final number is the custom period I am concentrating on. Is it correct?
Regarding real move/correction, if price trends down and retraces, the correction range is the point between the lowest low and the highest point of the correction. When price returns to the extreme (ie. the lowest low) and breaks that level then there's the real move. Is that right?
Thanks in advance.
Lis
Last edited by monolisa on Fri Jul 03, 2009 7:00 am, edited 2 times in total.
monolisa wrote:Hi deeforex,
I have both v1.4 (Period_Converter_Opt.mq4) and v1.5 (periodcon.mq4) of the period convertor (attached).
I have an issue with v1.5. After I create an offline chart using the indicator, if I change the timeshift again, the offline chart does not refresh to reflect the new starting time.
Do you have the same problem?
Thanks.
Lis
Lis,
I just tried it with the TimeShift. It works. Did you remember to check the box to "Allow DLL Import"? This is in the "Common" tab of the Indicator properties. TimeShift can be a positive or negative number (of bars).
dee
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