Live Retracement percentage on the chart

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Viewing 14 posts - 1 through 14 (of 14 total)
  • 01/12/2017 at 6:04 PM #20897
    Ali77

    Hello All

    I am new here ,I was wondering, is it possible to get a tool or program that will show live retracement percentage of the daily or any chosen time frame on the chart.
    Any information would be great.

    01/13/2017 at 8:46 PM #21028
    Nicolas

    Retracement percentage from the highest and lowest price of the current day or the previous one?

    01/13/2017 at 9:01 PM #21029
    Ali77

    Hi Nicholas

    thank you for commenting. i want to be able to chose any time frame of high and lows( this can be today’s, yesterday’s or last 4 hours high and lows)

    is there any tool, indicator that will show live Retracement percentage of any chosen high and low as the price moves.

    regards

    Ali

     

    01/14/2017 at 11:37 AM #21041
    Nicolas

    To get information from 2 different timeframes, it would easier to make 2 different indicator, one for the daily retracement and another one with the 4 hours values.

    For what version of prorealtime would you like to get this indicator? How the percentage retracement value should be displayed? As an oscillator or a line/text with the current value only? (v10.3 only compatible).

    01/14/2017 at 3:14 PM #21059
    Ali77

    Hi Nicolas

    thank you . I am using IG’s own platform. When I contacted them about this tool. They advised me that their platform doesn’t have this tool but Prorealtime might have it. I called protealtime to ask  about this and they said I should go to this website(prorealcode) and ask on the forum. That’s  why I emailed you and ask this in the forum here.

    what I need is ; to be able to choose any high and low points and the current price will be shown to me by this tool in percentage point.

    For example: I chose high is 200 and low is 100. Current price is 140. In this example market is %40 above its low point. This tool should be show me current Retracement level in percentage anywhere within the chart. In any time frame chosen .

    i am not very technical about this . That’s why I prefer using simple platforms  like IG’s .Obviously, if i start using prorealtime , it will take time to get use to the platform. I don’t mind spending this time to get used to the platform as long as this tool(indicator) is possible to get it  on the protealtime.

    so I am just wondering if I start using protealtime, is there already a tool which will do what I need as explained above? Or I don’t mind paying someone to create this tool for me as I don’t want to spend lots of hours to learn about codes.

    Currently I am doing the calculations myself manually, I thought if this kind of tool is available, I don’t have to do the calculations and concentrate more on the move of the market I am trading on.

    i hope this answers everything

     

    kind regards

     

    ali

     

    01/14/2017 at 5:47 PM #21096
    Nicolas

    Sorry but code is strict and your request has change since your first message.

    Ali77 wrote:

    For example: I chose high is 200 and low is 100. Current price is 140. In this example market is %40 above its low point. This tool should be show me current Retracement level in percentage anywhere within the chart. In any time frame chosen .

    So now you want to choose yourself the high and the low? instead of using the day High/Low?

    There is no already made tool to draw the actual percentage of retracement, so we need to code it. It is not difficult at all, but I need the precise description of what you want, thank you.

    If you want a personal and private assistance instead, you can use the form of the trading programming services

    01/14/2017 at 6:36 PM #21113
    Ali77

    Hi Nicolas

     

    thank you. Sorry I should have probably been more clearer. But in my first message I said ‘any chosen time frame ‘

    By saying that I ment; I want to choose the any  high and any low. Not only daily .

     

    kind regards

     

    ali

    01/14/2017 at 6:39 PM #21114
    Nicolas

    Ok, but I still don’t know what is your prorealtime version?

    01/14/2017 at 7:10 PM #21122
    Ali77

    Thank you, I don’t use prorealtime at the moment. I am here to ask advise

    if I use prorealtime, is it possible to create this tool/indicator that I have been asking. If yes, how much would it cost.

    01/14/2017 at 8:14 PM #21136
    Nicolas

    Everything is free and available for everyone on the website unless you ask for private assistance.

    So I’ll code it for prorealtime 10.3, because it will have a better looking on chart thanks to the new graphics possibilities.  I’ll do it ASAP as it’s now time to rest a bit 🙂

    01/16/2017 at 2:27 PM #21313
    Nicolas

    I quickly code this little indicator. The current retracement is calculated with the last ‘n’ day value, I set it to “1” by default, so it’s the previous day.

    Do this example can suit your needs?

     

    01/16/2017 at 3:55 PM #21328
    Ali77

    Thank you Nicolas

    i will not able to confirm this until I start using the indicator myself.

    i will have a look  start using proreal platform. I will let you know as soon as I can.

    thank you again for taking time to do this. I didn’t know that this job is free to do. I still don’t understand how this whole thing work to be honest.

    but I will look into using the platform soon.

    kind regards

    ali

    05/05/2018 at 3:35 PM #69856
    Ali77

    Hi Nicholas

    it has been a while since posting this but I now have 10.3 version of Proreal. I just install the software and I am not sure where to find this indicator you prepared ?

    Many Thanks

    ali

     

     

    05/07/2018 at 4:06 PM #69943
    Nicolas

    Just copy/paste the code into a new indicator and apply in on price chart.

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