Custom Indicator by Molanis refuses to appear on screen

jpm26 · **Joined:** Thu Aug 19, 2010 8:01 am **Posts:** 19

I have designed a basic Custom Indicator with Molanis Technical Indicator Builder and compiled it successfully. It doesn't show anything on the MT4 screen however.
What can be the problem?
Regards.

molanisfx · **Joined:** Tue Dec 22, 2009 12:22 am **Posts:** 1761

In the graph MetaTrader gives priority to the price action - the graph focuses is the current price
If the current price is 1.34 and your indicator value is 5, mt4 won't show your indicator. There is no adjust graph size to see my value of 5 in mt.
That is why you have two types of indicators - in the chart or in a separated chart
If your indicator is not close to the price action, you better use in a separated chart.
In your case, you have this calculation:
High[i]+Low[i]+Close[i]/3 = 1.4+1.2+1.3/3
It should be (High[i]+Low[i]+Close[i])/3 to get the average - remember the basic math rules

jpm26 · **Joined:** Thu Aug 19, 2010 8:01 am **Posts:** 19

Thank you Molanis for your help. Set in a separate window the indicator does appear, although I'll have to work on it to make it more significant.
Sorry about the maths oversight. The parentheses make an awful lot of difference!
Regards.

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Custom Indicator by Molanis refuses to appear on screen