Need MT4 Indicator

#1
Dear Friends i need mt4 indicator for given below formula ..

z = yesterday HIGH + yesterday Low + yesterday close,

A = Z * 0.67,

Q= Z - yesterday HIGH

IF TODAY OPEN IS ABOVE " Q " THEN PLOT RED COLOUR LINE BELOW 2 POINTS FROM OPEN PRICE ( OPEN - 2 )

IF TODAY OPEN IS BELOW " Q " THEN PLOT GREEN COLOUR LINE ABOVE 2 POINTS FROMOPEN PRICE ( OPEN + 2 )



KINDLY CODE ABOVE FORMULA and HELP ME

THANKS IN ADVANCE
 

ram2010

Well-Known Member
#2
Dear Friends i need mt4 indicator for given below formula ..

z = yesterday HIGH + yesterday Low + yesterday close,

A = Z * 0.67,

Q= Z - yesterday HIGH

IF TODAY OPEN IS ABOVE " Q " THEN PLOT RED COLOUR LINE BELOW 2 POINTS FROM OPEN PRICE ( OPEN - 2 )

IF TODAY OPEN IS BELOW " Q " THEN PLOT GREEN COLOUR LINE ABOVE 2 POINTS FROMOPEN PRICE ( OPEN + 2 )



KINDLY CODE ABOVE FORMULA and HELP ME

THANKS IN ADVANCE
2 and .67 ? specific reason?

what' s the use of variable A ?
 
Last edited:
#3
Dear Friends i need mt4 indicator for given below formula ..

z = yesterday HIGH + yesterday Low + yesterday close,

A = Z * 0.67,

Q= Z - yesterday HIGH

IF TODAY OPEN IS ABOVE " Q " THEN PLOT RED COLOUR LINE BELOW 2 POINTS FROM OPEN PRICE ( OPEN - 2 )

IF TODAY OPEN IS BELOW " Q " THEN PLOT GREEN COLOUR LINE ABOVE 2 POINTS FROMOPEN PRICE ( OPEN + 2 )



KINDLY CODE ABOVE FORMULA and HELP ME

THANKS IN ADVANCE
There is some mistake or some thing undisclosed

you said
Z = yesterday HIGH + yesterday Low + yesterday close
and
Q= Z - yesterday HIGH
Q= (yesterday HIGH + yesterday Low + yesterday close) - yesterday HIGH
that is
Q = yesterday Low + yesterday close

then why take pain for adding three variable and then subtracting one variable, why not straight forward add two variable for calculating Q :D

There are even some more miscalculation, that I will point out, later on (after your reply)
 
#4
Please give credit to the Original author of this who shared ...

Dear Friends i need mt4 indicator for given below formula ..

z = yesterday HIGH + yesterday Low + yesterday close,

A = Z * 0.67,

Q= Z - yesterday HIGH

IF TODAY OPEN IS ABOVE " Q " THEN PLOT RED COLOUR LINE BELOW 2 POINTS FROM OPEN PRICE ( OPEN - 2 )

IF TODAY OPEN IS BELOW " Q " THEN PLOT GREEN COLOUR LINE ABOVE 2 POINTS FROMOPEN PRICE ( OPEN + 2 )









KINDLY CODE ABOVE FORMULA and HELP ME

THANKS IN ADVANCE
 
#7
There is some mistake or some thing undisclosed

you said
Z = yesterday HIGH + yesterday Low + yesterday close
and
Q= Z - yesterday HIGH
Q= (yesterday HIGH + yesterday Low + yesterday close) - yesterday HIGH
that is
Q = yesterday Low + yesterday close

then why take pain for adding three variable and then subtracting one variable, why not straight forward add two variable for calculating Q :D

There are even some more miscalculation, that I will point out, later on (after your reply)
nosir ... only z hasto subracted with yesterdayhigh.... simple ... no other hidden calculation here...
 
#9
nosir ... only z hasto subracted with yesterdayhigh.... simple ... no other hidden calculation here...
Okay, if you are so sure, then post an example with calculation of any scrip of any date, say with values of NF of 23rd
You will also come to know about the point that I referred to, in my previous post.
 
#10
Okay, if you are so sure, then post an example with calculation of any scrip of any date, say with values of NF of 23rd
You will also come to know about the point that I referred to, in my previous post.
hi sir .. just my example :

crude march contract ... 24.02.2017 date OHLC

3620.00 3627.00 3591.00 3615.00

Z = 3627.0 + 3591.0 + 3615.00 = 10833
A= 10833*0.67 = 7258
Q= 7258 - 3627 = 3631 ( SORRY I HAVE MENTIONED Z- Y.HIGH ... :confused: ACTUALLY THAT IS A-Y.HIGH )
( SORRY FRIENDS ITS MY MISTAKE )

IF TODAY OPEN IS ABOVE " Q " THEN PLOT RED COLOUR LINE BELOW 2 POINTS FROM OPEN PRICE ( OPEN - 2 )

IF TODAY OPEN IS BELOW " Q " THEN PLOT GREEN COLOUR LINE ABOVE 2 POINTS FROM OPEN PRICE ( OPEN + 2 )
 

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