|Member since:||19 Mar 2015|
Trader, amateur programmer, photographer, web surfer
@Draw Min/Max Spread: Thanks! Very useful indicator. Pepperstone has a spread of 0.1/0.4 now btw.
@Accumulative Bid/Ask Volume (ZigZag): OK, I think I understand now when I looked at your image again. That would mean a continuously resetting volume count whenever there is a confirmed zigzag high/low (which I implemented) but also a retroactive change over two zigzag high/low periods. That is going to be very difficult to implement. As I said the zigzag is not what it seems on the chart. I now even think the current implementation is buggy as it still contains all the temporary high/low values but these are still somehow ignored anyway. I tried to understand the algorithm's internals but must say that I failed.
@Accumulative Bid/Ask Volume (ZigZag): Upon further inspection I noticed that my volume plot is not in sync with the ZigZag line on the chart. It leaves much to be desired. This is due to the ZigZag filter I had to implement, which still doesn't produce a useful result from the ZigZag. I consider it now as strictly beta and unfinished. There is not one single ZigZag indicator that produces a useful result. It looks like they all have the same problem: They all repaint (which is not the biggest problem because my accumulated volume repaints, too) and the output array is full of garbage and remnants of old calculations. I'm giving up on this one for now. There is no way I can make it work without programming a better and more useful zigzag indicator. Don't install if you need perfect results.
@Bid/Ask Volume: I wrote: I also generally tend to only mildly trust known indicators that have been used ad nauseam and have already been around for decades. Usually I find them to be useless and that's why they are put out for free for everybody's use. I have to correct myself here. I don't mean my own indicators that I put out but generally the vast majority of the indicators that can be found on the net (that I have come across at least). They are usually free for a reason and have been deliberately placed in my understanding.
@Bid/Ask Volume: New version out Added save feature for backfill of collected data and filter for very high volume. @
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