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Percentage Price Follower

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61628
Forum: 38 · Topic 61628 · 7 post(s)


Percentage Price Follower

Alexander.Gettinger · Mon Dec 22, 2014 10:37 am

Original LUA indicator: viewtopic.php?f=17&t=2801.

There are two modes, One. The indicator follows the price, indicator is always trying to be equated with a price. Defined percentage of the High-Low Range is the maximum shift.

Two The indicator follows the daily changes in price, in both directions, but only for a defined percentage of open - close Range.

Percentage_Price_Follower_MQL.PNG

Download:

Percentage_Price_Follower.mq4

eurusd-m5-forex-capital-markets.png

Channel lines are aded X pip Up / Down from the Percentage_Price_Follower Line

Percentage_Price_Follower X Pips Channel.mq4

eurusd-m1-forex-capital-markets-3.png

Fow MTF_MCP_Percentage_price_follower.mq4 make sure to install Percentage_Price_Follower.mq4

MTF_MCP_Percentage_price_follower.mq4


Re: Percentage Price Follower

JADragon3 · Wed Sep 06, 2017 6:18 am

Hello. Would it be possible to add levels to this indicator ? Kind of turning it into a envelopes indicator ? I find that it has the potential to draw really nice price channels. And also , would you be willing to add Multi Time Frame function to it ? Please let me know.

( PS - I really love all the useful indicators that this website has produced. )


Re: Percentage Price Follower

Apprentice · Wed Sep 06, 2017 8:28 am

Percentage_Price_Follower X Pips Channel.mq4 added.


Re: Percentage Price Follower

JADragon3 · Thu Sep 07, 2017 4:31 am

Apprentice wrote: Percentage_Price_Follower X Pips Channel.mq4 added.

Thank you for the update. Is there any possibility of adding multi time frame function ?


Re: Percentage Price Follower

Apprentice · Thu Sep 07, 2017 3:50 pm

Your request is added to the development list, Under Id Number 3887 If someone is interested to do this task, please contact me.


Re: Percentage Price Follower

Apprentice · Wed Sep 27, 2017 5:06 am

MTF_MCP_Percentage_price_follower.mq4 added.


Re: Percentage Price Follower

JADragon3 · Fri Oct 06, 2017 6:05 pm

Apprentice wrote: MTF_MCP_Percentage_price_follower.mq4 added.

Thank you for the update. I am very interested in using this