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Custom Indicator by Molanis refuses to appear on screen http://www.molanis.com/forum/viewtopic.php?f=11&t=90 |
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Author: | jpm26 [ Thu Aug 19, 2010 8:08 am ] | |||
Post subject: | Custom Indicator by Molanis refuses to appear on screen | |||
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.
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Author: | molanisfx [ Thu Aug 19, 2010 11:47 am ] |
Post subject: | Re: Custom Indicator by Molanis refuses to appear on screen |
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 |
Author: | jpm26 [ Sat Aug 21, 2010 9:55 am ] |
Post subject: | Re: Custom Indicator by Molanis refuses to appear on screen |
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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