fxcodebase-backup
Range Contraction
Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=61212
Forum: 38 · Topic 61212 · 12 post(s)
Range Contraction
Alexander.Gettinger · Mon Sep 22, 2014 9:33 am
Original LUA oscillator: viewtopic.php?f=17&t=61062.
Formula: RC[i] = 100*(High[i]-Low[i])/(High[i-1]-Low[i-1]).
Download:
Re: Range Contraction
Protrader · Tue Aug 18, 2020 6:16 pm
Hi Apprentice,
Is it possible to create an EA with this old indicator please ?
Entry conditions are :
First, looking to red points on the indicator. Buy when there is red point (on the indicator) and green current candle. Sell when there is red point (on the indicator) and red current candle. Open the position at the start of the next candle.
So, for example ( we are at H1 timeframe ), if the range contraction gives a red point at 05:00 and the current candle at 05:00 close red -> Open short at the close of this red candle.
Please, add the stop/limit/breakeven/trailing options. Please, let the user to choose the threshold.
Thank you,
Re: Range Contraction
Apprentice · Wed Aug 19, 2020 3:38 am
Your request is added to the development list. Development reference 1906.
Re: Range Contraction
Apprentice · Thu Aug 20, 2020 9:38 am
Range_Contraction_Expert.ex4 added.
Re: Range Contraction
Protrader · Thu Aug 20, 2020 9:54 am
Thank you but sorry but 0 positions are opened :/
Doesn’t open position on demo and backtest :/
Re: Range Contraction
Apprentice · Fri Aug 21, 2020 5:47 am
Do you have Range_Contraction.mq4 indicator installed?
Re: Range Contraction
Protrader · Mon Aug 24, 2020 2:23 pm
Yes, I had
Re: Range Contraction
Apprentice · Tue Aug 25, 2020 5:35 am
Your request is added to the development list. Development reference 1928.
Re: Range Contraction
Apprentice · Mon Aug 31, 2020 8:55 am
Try it now.
Re: Range Contraction
Protrader · Thu Sep 03, 2020 5:55 am
Sorry but error 130 appears.. There is no trade open
Re: Range Contraction
Apprentice · Fri Sep 04, 2020 1:53 am
Your request is added to the development list. Development reference 1971.
Re: Range Contraction
Apprentice · Mon Sep 07, 2020 3:18 am
Stop Loss needs to be increased.