Thanks for your comments ForeverNewb, Unlike an indicator which is calculated purely on price action and volume (as that's the only data available to MT4), my indicator uses data not available within MT4. Therefore, while it may look like an ...

What do people think of this indicator?

Updates (all previous files in previous comments have been updated): .BAT file downloads any CSV file (*.csv) so any new currencies exported to CSV will be downloaded to your MT4 install changed location of files to /CSV in order to support (1) ...

What do people think of this indicator?

I've modified my indicator to show the buy line, sell line, and then the final line (= buy minus sell). This helps to show the reason why, for example, the final line is in negative... is it because of lack of buy signal? lack of sell signal? maybe ...

What do people think of this indicator?

ForeverNewb... ah, now I see what you're doing. Well, it does appear that just as the line crosses from positive to negative, it would have been a good time to BUY, even though going into negative actually is a SELL signal. That's an interesting ...

What do people think of this indicator?

ForeverNewb, I'm actually not too sure what your markups on my charts mean. I thought maybe they were pointing to the trades I had open but looking again I don't think that's the case. Just to confirm... A "sell signal" is either when the line ...

What do people think of this indicator?

Well, the goal isn't to be a contrarian indicator but it looks like that I agree. I tend to avoid any labels at all with life in general, and therefore my trading. I just do whatever the statistical and other analysis indicates, and if that results ...

What do people think of this indicator?

I've modified Plot External Data.mq4: I couldn't work out why you used: int h = FileOpen(FileName, FILE_CSV|FILE_READ,'~');... why "~" ? I made it use "," Checks for errors using GetLastError() after attempting to open the file No timestamp ...

What do people think of this indicator?

ah, nice work. I'll modify Plot External Data.mq4 to work in the latest build. But what's this for: #include <hanover --- function header (np).mqh>

What do people think of this indicator?

Happy to help - 20+ years coding, MQL, web, C++, tick recorders, EAs, dashboards, HTML5 charts, etc

Looking For a cAlgo coder

Here's a tick chart for a 6 hour period on EURUSD starting today. The differences in bid / ask are really quite varied between brokers. Global Prime had 27,700 ticks whereas FXCM had 12,240 ticks. That's a big difference. The two charts don't share ...

Delta Volume - Cumulative Delta Volume

I've noticed that there's always more ask movement than bid meaning always more "buy" volume than "sell". I'm curious if any other users have noticed this. If you ignore when the bid is unchanged, and only the ask moves (as people have discussed ...

Delta Volume - Cumulative Delta Volume

sure, but it's predominantly ask "agitation". Let's not get caught up in the detail here. The point is, when is "agitation" buying / selling volume, and when is it spread adjustment? FWIW, there's 20% more Ask changes in that chart than there are ...

Delta Volume - Cumulative Delta Volume

I'm not sure what you're trying to say

Delta Volume - Cumulative Delta Volume

Of course spread can widen with the bid going down as well... but again, I'm just picking one example to avoid confusion. Attached is a screen shot of the spread at the very start of yesterday. Firstly the ask went up considerably more than the bid ...

Delta Volume - Cumulative Delta Volume

I'm just using one example. IF, for example, the Ask goes up, it is either: - up volume, or - spread adjustment IF, for example, just before news... the Ask goes up a lot and the bid doesn't... that's the spread widening because either: - there's ...

Delta Volume - Cumulative Delta Volume

A tick recorder saving a rise in ask as "up volume" means that all widening spread adjustments by the broker will be recorded as "up volume". And any reduction in the spread by the broker will be ignored (ask goes down). This would mean you're going ...

Delta Volume - Cumulative Delta Volume

If "volume" in forex is just the "number of price changes" in a given period, then the volume for each tick should be 1. And for 99% of cases, this is true. But for about 1% of ticks, the volume is 2. And for a really small percentage of ticks, the ...

Delta Volume - Cumulative Delta Volume

Just looking into this some more. Am I right in saying that the bid price is actually the ask price + spread. This means when spreads widen, it's the bid price that goes up and the ask price stays the same ? If that's the case, then shouldn't it be ...

Delta Volume - Cumulative Delta Volume

After considering this for some time, I'd agree... attributing volume in the way you have makes sense. It's not safe to make assumptions about what happens when only the ask goes down or only the bid goes up. Nice work Sciurus

Delta Volume - Cumulative Delta Volume