Thread: Signal Bars v7
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Could you explain the meaning of Pips To Open?
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Old 03-25-2008, 08:56 PM
arnoldchidi arnoldchidi is offline
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Thumbs up Could you explain the meaning of Pips To Open?

Quote:
Originally Posted by cja View Post
Hi

I am new to this forum so i thought i would share one of my indicators with you, it is a very useful tool for showing the strength of a move and possible reversals, the MACD settings are 8/17/9 which gives a reasonably fast response and the EMA setting is the cross of MA5 & MA9 while the STR consists of RSI/9 & CCI/13 & STOCH's/5/3/3 and all 3 of those indicators need to be in agreement before the signal shows direction,

1/ All the colors & settings for the internal indicators are user adjustable

2/The Timeframes are user selectable

3/ The indicator has many different graphic display setups as per the supplied screenshots

4/ The indicator can be placed anywhere on your chart including any selected indicator window

5/ The Price changes color as the Price moves - The default setting for the Price Display is - Lime for UP & Red for DOWN & Orange for static

6/ I have supplied 2 versions - v7 covers 6 Timeframes & - v71 covers 7 Timeframes for those who like to monitor M1 to Daily.


Attachment 1739Attachment 1740Attachment 1741

Attachment 1743Attachment 1744

Some screenshots showing some of the possible display setups

Attachment 1745Attachment 1746Attachment 1747

Attachment 1748Attachment 1749

Sorry people it appears that this site does not allow the posting of ex 4files only mq4 files, as i am new to this site i only discovered this as i tried to post the ex files after i had posted the 1st 2 posts on the thread.

I do not want to supply the mq4 at this stage, i guess i could zip them and then send the indicators - is that what is required???

I have zipped the files & posted them

Enjoy

Attachment 1750

cja
Thanks CJA,
This is very cool....Could you explain the meaning of Pips To Open and what does the number there stand for? Could you program it to show how many pips remaining before the trend reversal?Also how do I bring down the indicator to the bottom of my chart?
Looking forward to reading from you soon.
Best regards,
Arnold

Last edited by arnoldchidi : 03-25-2008 at 09:02 PM. Reason: bad spelling
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