Hello,
I'm trying to write an indicator. But I don't decide How can i write effective and robust via Ninja.
Simple I want to write this.
1. Find actual swing highs and swing lows (For this ninja's swing and zigzag indicators not enough but i wrote it my own idea so this problem is solved.)
2. Join swings if they are close enough. For example if swing one and two diff 10 pip or lesser then join it and give score 1+1=2 this support/resistance zone.
3. Repeat 1 and 2, for Daily, Hourly and 15 min charts for example. Actually support/resistance score equel Sum(Swing * TimeFrame point).
For more detail, when i wrote this indicator and then add one chart. Suppose this chart 15 Min. chart. First i must find necessery time frames in this example my first time frame 15 Min, 15 * 2 = 30 Min and 15 * 4 = 1 Hour. I think i must decide this time frames and add dataseries via add command in initialize method. Then foreach timeframe i must find swing lows and highs. Then if i find enough close swings i join this for new support/resistance zone and i take a scrore this zone. Suppose we find 4 swing like this.
Swing one on 1 hour tf at 1.4002 at 01.01.2010
Swing two on 15 Min tf at 1.4010 at 03.01.2010
Swing three on 30 Min at 1.4000 at 05.01.2010
Swing Four on 1 hour again 1.4008 at 10.01.2010
I must plot horizonta line between 1.4000-1.4010(for example 1.4005) and i score it like this:
Swing one on 1 hour tf, score is 4
Swing two on 15 Min tf score is 1
Swing three on 30 Min tf score is 2
Swing Four on 1 hour tf score is 4
Total score is 11(if this score >= parameter of threshold then plot it and if Close[0]>this line then line color is blue is Close[0] < line then line color is red)
Actually my question is related How can i work multi time frame in one indicator efectively?
I hope I can tell my question clearly. Thanks for your help already now.
I'm trying to write an indicator. But I don't decide How can i write effective and robust via Ninja.
Simple I want to write this.
1. Find actual swing highs and swing lows (For this ninja's swing and zigzag indicators not enough but i wrote it my own idea so this problem is solved.)
2. Join swings if they are close enough. For example if swing one and two diff 10 pip or lesser then join it and give score 1+1=2 this support/resistance zone.
3. Repeat 1 and 2, for Daily, Hourly and 15 min charts for example. Actually support/resistance score equel Sum(Swing * TimeFrame point).
For more detail, when i wrote this indicator and then add one chart. Suppose this chart 15 Min. chart. First i must find necessery time frames in this example my first time frame 15 Min, 15 * 2 = 30 Min and 15 * 4 = 1 Hour. I think i must decide this time frames and add dataseries via add command in initialize method. Then foreach timeframe i must find swing lows and highs. Then if i find enough close swings i join this for new support/resistance zone and i take a scrore this zone. Suppose we find 4 swing like this.
Swing one on 1 hour tf at 1.4002 at 01.01.2010
Swing two on 15 Min tf at 1.4010 at 03.01.2010
Swing three on 30 Min at 1.4000 at 05.01.2010
Swing Four on 1 hour again 1.4008 at 10.01.2010
I must plot horizonta line between 1.4000-1.4010(for example 1.4005) and i score it like this:
Swing one on 1 hour tf, score is 4
Swing two on 15 Min tf score is 1
Swing three on 30 Min tf score is 2
Swing Four on 1 hour tf score is 4
Total score is 11(if this score >= parameter of threshold then plot it and if Close[0]>this line then line color is blue is Close[0] < line then line color is red)
Actually my question is related How can i work multi time frame in one indicator efectively?
I hope I can tell my question clearly. Thanks for your help already now.
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