Jiri's avatar
Jiri Beloch
Co-Founder & CTO at PoshTrader Ltd with +8 years of trading experience. Providing programming services and a marketplace where you can buy and sell addons for trading platforms - www.poshtrader.com
Jiri Beloch's avatar

Info

Username:Jiri
Name:Jiri Beloch
Member since: 31 Aug 2015
Country:Czech Republic

About

Co-Founder & CTO at PoshTrader Ltd with +8 years of trading experience. Providing programming services and a marketplace where you can buy and sell addons for trading platforms - www.poshtrader.com

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Co-Founder & CTO at PoshTrader Ltd with +8 years of trading experience. Providing programming services and a marketplace where you can buy and sell addons for trading platforms - www.poshtrader.com

Last Algorithm Comments

@[PoshTrader] Symbol Watermark:  23 Aug 2020, 21:46


https://docs.poshtrader.com/products/installation#ctrader-indicators-cbots All indicators and cBots require unlimited access rights to communicate with our servers - validate your license, check for latest releases and updates.

@[PoshTrader] Market Sentiment:  14 Aug 2020, 12:52


My apology, marking as paid. However, you can try it completely free for 7 days. Just download and give it a try!

@Renko:  27 Apr 2018, 16:25


Thanks for pointing this out, didn't notice it. :)

@Renko:  20 Feb 2018, 15:55


The Renko is overlaying your chart, it's just an indicator. Since the chart is time-based while Renko is price-change based there is applied a logic that shifts Renko to align with the latest bar. You will need to integrate same logic to the indicator if you want to feed it with Renko as a source.

@Renko:  02 Jun 2017, 13:41


It's not a bug, that's how classic/standard renko is supposed to work as explained in previous comments. If you want to protect your position just set SL to same size as a renko brick and trail it. I am planning to release an universal renko which can be optimized to your needs - brick size, open offset and reversal size, as soon as we publish our website.

@Enhanced Deal Map:  10 May 2017, 03:28


Hi, contact me directly via email. Thanks.

@Trend Analyzer:  15 Mar 2017, 15:14


No offence but you have literally copy-pasted my daily fibo indicator and now selling it as a part of your indicator. You should at least give some credits. https://ctdn.com/algos/indicators/show/1101

@Milliseconds Elapsed:  14 Feb 2017, 12:08


I would agree with you but we would be both wrong. I tried hard to explain you why is your calculation wrong - it's 1 bar/tick (even t1 chart has OHLC values but call it however you want) delayed, the result of current bar is not calculated at all instead it holds value for previous bar. For those that are interested in what it's all about: Proper Version

@Milliseconds Elapsed Proper Version:  14 Feb 2017, 11:25


I am not going to explain anything to you. You clearly have no idea how my version of the indicator is working and you are not willing to accept your error. Compare results if you dont trust me but don't expect me to waste more time trying to help you. Please stop talking nonsense if you can't even prove it.

@Milliseconds Elapsed Proper Version:  14 Feb 2017, 03:30


I have noticed that OpenTime of MarketSeries usually returns slightly future time which makes no sense and its broker related (I suppose). That's why it might return negative value, however I kept the calculation logic same to yours so it's fixed at the close of the bar. http://i.imgur.com/0m7BpRM.png

Last Forum Posts

@ATP not taken into consideration on investor accounts.:  08 Mar 2021, 16:13


Looks like the copying account is opening the lowest position size possible and therefore cannot be partially closed.

@Mean Renko & Renko tails added by default:  26 Aug 2020, 12:59


Adding my vote as a developer of Renko Tails. Unfortunately, the current method of loading tick data using the API is not very efficient and keeps all the data in memory, which leads to high memory usage.

@Median Renko charts as per default:  14 Aug 2020, 00:11


valentimtkd said:

Hello people.

Today I use Renko in the national market for a platform and I see it as one of the best tools for and to do graphic analysis.

The need to include the possibility of wick would help even more and improve this platform, which is already very good.

Hi Valentim, you can use one of our indicators to see the Renko wicks. 

@How to get renko tails to show on the renko chart:  10 Aug 2020, 15:01


gibetheridge said:

Can someone explain to me how to get "(Posh Trader) Renko tails" to show on the renko chart? How to install says download, double click and it will show. That doesn't work.  Old guy, not a computer wizard. thanks in advance.

Hi there, after you have installed Renko Tails, you need to attach it as an indicator to the chart and authorize your copy. Here are the steps:

  1. Open a chart
  2. Right-click in the chart > Indicators > Custom > [PoshTrader] Renko Tails
  3. Then you just click OK and allow for permissions it asks for
  4. After it loads on the chart you will be asked for User Authentication (key can be found in the confirmation email or your downloads)
  5. Once successfully activated, you are all done and should see wicks on Renko chart where you have the indicator attached


Please, let me know if I can be of any further help.

@Percent Increase:  21 Jul 2020, 02:33


peseaj said:

Hi there,

I would like to suggest that the columns in the "Positions" in Tradewatch should include a percentage increase in equity as "Percent Growth" or something like that.

This will help traders focus more on the percentage growth rather than the currency value of the position.

Thanks.

I totally agree with you and added my vote. In the meantime, you could use one of my tools that show the percentage and much more.


@cTrader Desktop 3.8 Has Been Released on Beta:  20 Jul 2020, 08:45


afonjunior2016 said:

Good operations platform, missing the wicks (shadows) of the renko chart

Hi. We have developed an indicator to calculate the Renko wicks. You can get it here: https://poshtrader.com/items/ctrader/3749/

@100% CPU usage after a week of runtime:  15 Jul 2020, 12:20


Hi,

Recently, I have developed a cBot that was designed for Renko charts and put it on VPS. The platform had around 20 instances of the cBot running, each with a different symbol. After several days, roughly a week, the platform reached 100% CPU usage. I have stopped all cBot instances and left the system untouched for the next 12 hours. Later, when I logged in to check the CPU usage, it was still at 100%, and the platform was barely usable.

Regarding the cBot logic, I cannot disclose much of the information as I do not hold copyright rights. But the strategy is simple from a technical perspective and doesn't look more than 3 bars back into history. It uses built-in indicators: Parabolic SAR, Exponential MA, and ADX.  There are no loops or collections used, that might cause the issue. I would also like to stress out that the cBot is operating on each new bar, not tick, and all instances were set to 10 pips Renko or higher. Additionally, all cBot instances were stopped and the platform untouched for the next 12 hours, yet the resources used didn't decrease at all. The only thing left were indicators mentioned attached to the chart of each cBot instance. 

VPS configuration:
Intel(R) Xeon(R) CPU E5-2680 v3 @ 2.50GHz
4.0 GB Memory

I submitted a report using the troubleshooting within the platform that is linked to this thread.

@Daily Starting Account.Balance:  23 Jun 2020, 00:33


Hi, try this: 

History.Any() ? History.Last(x => x.ClosingTime.Date < Time.Date).Balance : Account.Balance

@DataSeries disabled:  14 Dec 2019, 23:09


Make data series always enabled and not just when attaching an indicator to the chart.

@Alert Manager:  14 Dec 2019, 15:02


Add alert manager with API support so we can hook up our custom tools. Something like a list within the UI of all the alerts with details like time, symbol name, source, the message would do. Additionally, you could introduce events when an alert row is clicked or removed within the table so we can subscribe to it.

Notification Publishing copyrighted material is strictly prohibited. If you believe there is copyrighted material in this section you may use the Copyright Infringement Notification form to submit a claim.
by Jiri
paid  11 Sep 2020
https://youtu.be/e8luw94xdmw Volume Profile is an advanced charting study that displays trading activity over a specified time period at specified price levels. The study plots a histogram on the chart meant to reveal dominant and/or significant price levels based on volume. Essentially, Volume Profile takes the total volume traded at a specific price level during the specified time period and divides the total volume, buy volume or sell volume and then makes that information easily visible to the trader. Typical levels of significance Point of Control (POC) – The price level for the time period with the highest traded volume. Profile High – The highest reached price level during the specified time period. Profile Low – The lowest reached price level during the specified time period. Value Area (VA) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70%; however, it is up to the trader’s discretion. Value Area High (VAH) – The highest price level within the value area. Value Area Low (VAL) – The lowest price level within the value area.   What to look for Support and Resistance Levels The first thing that most traders will use the volume profile for is identifying basic support and resistance levels. It is important to note that using Volume Profile as an identifier for support and resistance levels is a reactive method. This means that unlike proactive methods (such as trend lines and moving averages), which are based on current price action and analysis to predict future price movements, reactive methods rely on past price movements and volume behavior. Reactive methods can be useful in applying meaning or significance to price levels where the market has already visited. Basic technical analysis has shown that a support level is a price level that will support a price on its way down, and a resistance level is a price level that will resist price on its way up. Therefore, one can conclude that a price level near the bottom of the profile, which heavily favors the buy-side in terms of volume, is a good indication of a support level. The opposite is also true. A price level near the top of the profile, which heavily favors sell-side volume, is a good indication of a resistance level. Volume Nodes High Volume Nodes (HVN) are peaks in volume at or around a price level. HVN can be seen as an indicator of a period of consolidation. Usually, there is a great deal of activity on both the buy and sell-side, and the market stays at that price level for a great deal of time compared to other levels in the profile. This can imply a “fair value area” for the asset. When price approaches a previous HVN (or fair value area), a sustained sideways movement is expected. The market is less likely to break through that price immediately. Low Volume Nodes (LVN) are the opposite. They are valleys (or significant drops) in volume at or around a price level. Low Volume Nodes are usually a result of a breakout rally or a breakdown. There will typically be an initial burst of volume during a rally or a breakdown and then a significant drop-off. The drop off can imply an “unfair value area” for the asset. When price approaches a previous LVN (or unfair value area), the market is much more likely to rally through or bounce off of that price level. Because it is seen as an unfair value area, the market will not spend as much time there compared to some other levels in the profile. Example strategy Just like with most other tools or studies, Volume Profile has a number of uses. There are many trading strategies out there using Volume Profile as a key component. Below are the basics of one such strategy, which is based on comparing the current day’s opening price to the previous day’s Volume Profile. If the current day opens above the previous day’s value area (but still below the Profile High), look for price to retrace back towards the Point of Control and then proceed to rise (the direction of the day’s open). Therefore during the retracement to the Point of Control, there is a buying opportunity. If the current day opens below the previous day’s value area (but still above the Profile Low), look for price to retrace back towards the Point of Control and then proceed to fall (the direction of the day’s open). Therefore during the retracement to the Point of Control, there is a selling opportunity. Suppose the current day’s opening price is entirely outside of the previous day’s profile (above the Profile High or below the Profile Low). In that case, this can be seen as a possible runner in the direction of the opening price relative to the previous day’s profile range. Summary Volume Profile is an extremely valuable technical analysis tool that is used by traders everywhere. The key to Volume Profile’s continued relevancy is its versatility. It is a charting tool that truly does have a wide array of uses. Unlike many other studies, there is little to no debate about Volume Profile’s usefulness. The data that is provided by Volume Profile is indisputable, leaving it to the trader to find new and creative ways to use it. Even though it is a great reactive method for discovering traditional support and resistance areas in its simplest form, traders are still coming up with ways to chart the indicator in predictive or proactive ways. Consider the trading strategy example given earlier in the article. Being able to compare a real-time event (the current day’s open) with historical events (the previous day’s volume profile) and make a trading decision based on the relationship is an excellent example of this.   How to install? You might also be interested in: [PoshTrader] ADX Signed [PoshTrader] Bid and Ask [PoshTrader] Deal Map [PoshTrader] Divergence Spotter [PoshTrader] Market Sentiment [PoshTrader] Pivot Points [PoshTrader] Position Axis [PoshTrader] Renko Tails [PoshTrader] Symbol Watermark [PoshTrader] Volume Profile
by Jiri
free  15 Aug 2020
Adds a watermark to the chart background displaying the ticker symbol of the primary instrument in the chart. The watermark appears as a semi-transparent text overlaying the chart background. How to install? You might also be interested in: [PoshTrader] ADX Signed [PoshTrader] Bid and Ask [PoshTrader] Deal Map [PoshTrader] Divergence Spotter [PoshTrader] Market Sentiment [PoshTrader] Pivot Points [PoshTrader] Position Axis [PoshTrader] Renko Tails [PoshTrader] Symbol Watermark
by Jiri
paid  18 Aug 2020
Percentage values showing the current difference between the number of traders, which have opened Long and Short positions. At that, already closed trades don’t affect the indicator’s value. This indicator shows the sentiment of individual traders for a certain currency pair. According to the fact that “the crowd is usually wrong” we should open our trades in the direction opposite to the crowd’s direction. Basic Ratio Strategy We should open a long position when more than 60% of traders are short, and as you probably guessed, we should open a short position when more than 60% of traders are long. When the ratio is close to the value of 50%, we should not trade. We can also analyze the ratio from different brokers to diversify risks. We should look for the majority of brokers showing unidirectional signals. A good signal to open a short trade is on the picture above. How to install? You might also be interested in: [PoshTrader] ADX Signed [PoshTrader] Bid and Ask [PoshTrader] Deal Map [PoshTrader] Divergence Spotter [PoshTrader] Market Sentiment [PoshTrader] Pivot Points [PoshTrader] Position Axis [PoshTrader] Renko Tails [PoshTrader] Symbol Watermark  
[PoshTrader] Deal Map
  0
  5
  8434
by Jiri
paid  18 Aug 2020
This indicator maps your historical deals and opened positions on the chart. Additionally, It displays labels with performance metrics to help you quickly analyze your gains. You can choose to display the performance in pips, account currency, or percentual gain. What are the key features? – Cycle between displayed units by holding Quick Switch key and pressing the left mouse button on the chart. – Display the deal map on any chart type, including Renko. How to install? You might also be interested in: [PoshTrader] ADX Signed [PoshTrader] Bid and Ask [PoshTrader] Deal Map [PoshTrader] Divergence Spotter [PoshTrader] Market Sentiment [PoshTrader] Pivot Points [PoshTrader] Position Axis [PoshTrader] Renko Tails [PoshTrader] Symbol Watermark
by Jiri
free  18 Aug 2020
An indicator displaying bid and ask prices with configurable visuals. Such as line thickness, style, color, displacement, and shading the spread. What Is Bid and Ask? The term bid and ask (also known as bid and offer) refers to a two-way price quotation that indicates the best potential price at which a security can be sold and bought at a given point in time. The bid price represents the maximum price that a buyer is willing to pay for futures contracts, options, or currency pairs. The ask price represents the minimum price that a seller is willing to take for that same security. A trade or transaction occurs after the buyer and seller agree on a price for the security which is no higher than the bid and no lower than the ask. The difference between bid and ask prices, or the spread, is a key indicator of the liquidity of the asset. In general, the smaller the spread, the better the liquidity.   How to install? You might also be interested in: [PoshTrader] ADX Signed [PoshTrader] Bid and Ask [PoshTrader] Deal Map [PoshTrader] Divergence Spotter [PoshTrader] Market Sentiment [PoshTrader] Pivot Points [PoshTrader] Position Axis [PoshTrader] Renko Tails [PoshTrader] Symbol Watermark
by Jiri
free  18 Aug 2020
The indicator automatically draws important Pivot Levels using the most popular approaches: Classical Floor Camarilla Woodie Fibonacci DeMark Usage of Pivot Points The very essence of trading with Pivot Points is based on the idea that the price tends to reach yesterday’s close point much more often than to overcome the previous day range. That’s why the most popular calculation period for Pivot Points is Daily. In that context, all Pivot levels play the role of support and resistance. While analyzing the chart, we can see multiple price interactions with these levels. Also, one of the advantages of the Pivot indicator is its popularity, as the more traders use the same tool, the more likely the price will interact with it.   How to install? You might also be interested in: [PoshTrader] ADX Signed [PoshTrader] Bid and Ask [PoshTrader] Deal Map [PoshTrader] Divergence Spotter [PoshTrader] Market Sentiment [PoshTrader] Pivot Points [PoshTrader] Position Axis [PoshTrader] Renko Tails [PoshTrader] Symbol Watermark 
by Jiri
paid  18 Aug 2020
ADX Signed calculates direction movement values using the standard method but excludes the operation of taking the module of values. It preserves common signs of ADX values, which makes it more compatible, easy to use, and gives signals quicker than conventional ADX. Also, the indicator provides an additional line calculated as a difference between the DI+ and DI- component. This line can identify overbought/oversold areas, and together with divergence pattern, it makes a strong reversal signal. How to install? You might also be interested in: [PoshTrader] ADX Signed [PoshTrader] Bid and Ask [PoshTrader] Deal Map [PoshTrader] Divergence Spotter [PoshTrader] Market Sentiment [PoshTrader] Pivot Points [PoshTrader] Position Axis [PoshTrader] Renko Tails [PoshTrader] Symbol Watermark  
by Jiri
paid  18 Aug 2020
Position Axis displays a break-even point with additional info about your overall position in the market and a vertical profit axis that will help you analyze your performance and configure Stop Loss and Take Profit levels. The algorithm works on both hedging and netting account types. It’s highly customizable and easy to set up, colors inherit from the chart. Additionally, you can interact with the addon on a chart to quickly cycle between profit units displayed in the axis. You can click on the position info or the progress bar that will switch between Pips, Currency, and Percentage. How to install? You might also be interested in: [PoshTrader] ADX Signed [PoshTrader] Bid and Ask [PoshTrader] Deal Map [PoshTrader] Divergence Spotter [PoshTrader] Market Sentiment [PoshTrader] Pivot Points [PoshTrader] Position Axis [PoshTrader] Renko Tails [PoshTrader] Symbol Watermark
by Jiri
paid  22 Jun 2020
Divergence Spotter finds and scans for regular and hidden divergences automatically using any attached oscillator. To offer a broad market perspective, the indicator can be loaded many times in the same chart using different oscillators, without interference   https://poshtrader.com/items/ctrader/3442/  
[PoshTrader] Renko Tails
  2
  5
  15699
by Jiri
free  18 Aug 2020
Renko Tails or also known as Renko Wicks will add high and low prices achieved in each Renko bar, just like any other periodicity, and thus provide you with some important additional information regarding how price moved during the formation of that Renko bar. It’s very easy to use, just attach the indicator on the Renko chart. Colors inherit from chart settings so no need for any configuration. Additionally, the indicator exposes high and low prices so it can be referenced in other indicators on the chart.   How to install? You might also be interested in: [PoshTrader] ADX Signed [PoshTrader] Bid and Ask [PoshTrader] Deal Map [PoshTrader] Divergence Spotter [PoshTrader] Market Sentiment [PoshTrader] Pivot Points [PoshTrader] Position Axis [PoshTrader] Renko Tails [PoshTrader] Symbol Watermark
test
  4
  4
  1144
by Jiri
free  13 Aug 2020
test
Custom Period Separator
  9
  3.33
  2168
by Jiri
free  02 Nov 2016
Description: Plots custom period separator.   Updates: 21/06/2016 - Version 1.0 Released.   Screenshot:   Notes: Works on tick charts as well.   Make a Donation: If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card via this link.
Enhanced Alerts
  0
  4
  1489
by Jiri
free  17 Jun 2016
Description: Enhanced Alerts indicator plays sounds when order, target or stop is filled. It's experimental version. Please, someone test it out and let me know in the comments if it's working. Thanks!   Updates: 17/06/2016 - Version 1.0 Released. 17/06/2016 - Version 1.1 Added pending order and order canceled alerts. Changed the voice to female.   Notes: Attaching the indicator to single chart makes it work across all active charts. Sound files can be replaced in the folder path: ...\Documents\cAlgo\Sources\Indicators\Enhanced Alerts\Sounds\   Make a Donation: If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card at the top right corner.
Enhanced Deal Map
  4
  4.17
  1933
by Jiri
paid  15 Aug 2020
This indicator maps your historical deals and opened positions on the chart. Additionally, It displays labels with performance metrics to help you quickly analyze your gains. You can choose to display the performance in pips, account currency, or percentual gain. What are the key features? – Cycle between displayed units by holding Quick Switch key and pressing the left mouse button on the chart. – Display the deal map on any chart type, including Renko. How to install? You might also be interested in:   [PoshTrader] ADX Signed [PoshTrader] Bid and Ask [PoshTrader] Deal Map [PoshTrader] Divergence Spotter [PoshTrader] Market Sentiment [PoshTrader] Pivot Points [PoshTrader] Position Axis [PoshTrader] Renko Tails [PoshTrader] Symbol Watermark  
Swing ZigZag
  4
  4
  4263
by Jiri
free  26 Aug 2016
Description: Another version of ZigZag indicator, this time based on swing high low points.   Updates: 22/03/2016 - Released. 26/08/2016 - Fixed conditions order.   Inputs: Period - Defines period for calculations.   Screenshot:   Make a Donation If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card at the top right corner.
by Jiri
free  09 May 2016
Description: Based on SwingZigZag and LinearRegressionChannel indicators. The Indicator tries to find and plot potential channels in price movement. Channels repaint with the new swing of current direction (just same as ZigZag indicator). Experimental version. Any feedback and suggestions appreciated.   Updates: 22/03/2016 - Released.   Inputs: Period - Defines period for ZigZag calculations.   Screenshots: SwingZigZag LinearRegressionChannel   Make a Donation If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card at the top right corner.
by Jiri
free  09 May 2016
Description: The Indicator plots custom timeframe candlesticks over current chart.   Updates: 21/03/2016 - Released.   Inputs: Timeframe - Defines TimeFrame of custom DataSeries. Thickness - Defines thickness of lines.   Screenshot:   Make a Donation If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card at the top right corner.
Value Chart
  3
  4
  1988
by Jiri
free  09 May 2016
Description: The Value Chart was developed to show the valuation of the market.  The Value Chart could be described as a DeTrended Oscillator in which the higher or lower the value on the Value Chart the more likely it is to reverse direction.   Updates: 19/03/2016 - Released.   Parameters: Period - Period used for calculations. MA Type - Moving Average Type used for calculations. Body Width - Body thickness for candlesticks. Default Colors - Switches from default colors to OB/OS highlight colors. Overbought / Oversold Levels - Defines OB/OS areas.   Screenshots:   Make a Donation If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card at the top right corner.
Market Hours
  10
  4
  2848
by Jiri
free  09 May 2016
Description: Current open markets, updated in real time. Time bar progresses from left to right. Hours are optimized to local time.   Updates: 19/03/2016 - Released. 26/03/2016 - Updated strings. 30/03/2016 - Fixed offset issue. 01/04/2016 - Fixed opening times.   Screenshot:   Make a Donation If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card at the top right corner.
by Jiri
free  09 May 2016
Description Linear regression channel based. Overlaying channels indicate respected channel. Additional description will be added in the future.   Notes It might be useful for those who like to trade channels but are lazy to draw them manually - just like me. :D Any feedback or ideas appreciated.   Screenshot   Make a Donation If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card at the top right corner.
by Jiri
free  09 May 2016
Custom Bid and Ask lines. can be set to plot from current bar with displacement or to infinite (as default) custom line style custom thickness custom color   Make a Donation If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card at the top right corner.
ZigZag
  3
  4.17
  2842
by Jiri
free  09 May 2016
Description The ZigZag indicator shows trend lines filtering out changes below a defined level. The Indicator was converted from NinjaTrader script to cAlgo.   Updates 31/01/2016 Released. 08/03/2016 ​Added channels. Updates on tick.   Inputs High source - The source of High DataSeries. Low source - The source of Low DataSeries. Deviation - Value of deviation.   Screenshot   Make a Donation If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card at the top right corner.
Swing
  5
  4
  3558
by Jiri
free  09 May 2016
Description The Swing indicator plots lines that represents the swing high and low points. The Indicator was converted from NinjaTrader script to cAlgo.   Updates 31/01/2016 - Released.​   Inputs High source - The source of High DataSeries. Low source - The source of Low DataSeries. Strength - Number of bars required on each side of the swing point.   Screenshot   Make a Donation If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card at the top right corner.
Daily Fibonacci Retracement
  0
  4.17
  5329
by Jiri
free  09 May 2016
Description The Fibonacci retracement is the potential retracement of a financial asset's original move in price. Fibonacci retracements use horizontal lines to indicate areas of support or resistance at the key Fibonacci levels before it continues in the original direction.   Updates 29/01/2016  Released.   Inputs Days To Show - Defines how many days will be plotted. Shift (Hours) - Shifts levels by hours.   Screenshot   Make a Donation If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card at the top right corner.
Renko
  38
  4.44
  9025
by Jiri
free  12 May 2018
Description A type of chart, developed by the Japanese, that is only concerned with price movement - time and volume are not included. A renko chart is constructed by placing a brick in the next column once the price surpasses the top or bottom of the previous brick by a predefined amount. Green bricks are used when the direction of the trend is up, while red bricks are used when the trend is down. Updates 24/01/2016 Released. 25/01/2016 Added live forming brick. Added option to plot defined number of bricks. Added option to choose colors for bricks. Updated reference mode for better performance. 27/01/2016 Changed charting method. Overlay set to true by default. Deleted reference mode. (Check reference sample to update your cBot / Indicator!) 29/01/2016 Added LastValue (live forming brick) into outputs. 31/01/2016 Added High and Low values into outputs. 01/02/2016 Fixed live brick not drawing when BricksToShow was set too high. Improved performance.   Inputs Renko (Pips) - Defines height of one brick in pips. Bricks To Show - Defines how many bricks will be plotted. Zoom Level - Adjusts width of bricks for defined zoom level. Bullish Color - Sets color of bullish bricks. Bearish Color - Sets color of bearish bricks.   Screenshot   Notes Overlay - Indicator can be set not to overlay at line 11. [Indicator("Renko", IsOverlay = false, ...)] Referencing - Indicator can be used in other indicators or cBots. Sample below. public double RenkoPips = 10; public int BricksToShow = 10; private Renko renko; protected override void OnStart() {     renko = Indicators.GetIndicator<Renko>(RenkoPips, BricksToShow, 3, "SeaGreen", "Tomato"); } protected override void OnTick() {     bool isLastBrickBullish = renko.Open.Last(1) < renko.Close.Last(1);     if (isLastBrickBullish)     {         ExecuteMarketOrder(TradeType.Buy, Symbol, 1000);     } } Accuracy When the indicator is loaded it can access only OHLC values of historical data. For better accuracy of historical chart I highly recommend using lower timeframe and scroll back for more data. When the indicator is running it's fed by live data (each tick) so it's 100% accurate no matter what timeframe it's loaded up on.   Make a Donation If you like my work and effort then please consider to make a kind donation thru PayPal or any Credit Card at this link.    
Warning! Executing cBots downloaded from this section may result in loss of funds. Use them at your own risk.

No uploaded.