- Search Metals Mine
- ohitsyou replied Mar 7, 2022
@Brambilla -- thanks for confirming the red / white marker issue appears fixed. It was @BestTraderEv's insight that the problem seemed localized to areas of low volatility that led me to a fix. I was comparing a number whether it was greater than or ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 7, 2022
Using its default setting on an H1 chart, if you consider your first 20 bars as its "Bar[0]" then, yes, it doesn't repaint. I wasn't thinking much when I initially tested it using Strategy Tester with GJ/H1. I saw that the current, large rectangle ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 7, 2022
Beautiful chart. And thanks for the explanations and packaging-up the indicators and template. I'll have fun playing with this. I like your alias -- I'm betting you could also fund a scone or two with your coffee...

PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 7, 2022
Thanks. And by '50' you're referring to 50% ADR?
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 7, 2022
M-candles is nice, but it repaints. I still like it though. I wouldn't use it alone for Entries / Exits, but it provides context, which is also important for discretionary trading. I'm adding it to my chart that already includes the PlanetX and ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 7, 2022
Very nice, thank you. I'm going to check-out your indicators...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 7, 2022
Right -- but the oscillations I'm referring to are more subtle than the "macro" oscillations revealed by ATR, CCI, MACD, RSI and so on. There are "micro" oscillations -- repeating local highs and lows -- that are revealed by indicators like ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 7, 2022
Hello @BestTraderEv... Regarding Renko -- I missed the point about AutoDelete the first time around. I understand how that could work for an indicator but an EA would lose all its bookkeeping, unless everything was saved in MT4 GlobalVariables or a ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 6, 2022
I have updated post #1 to include the latest versions of my and @BestTraderEv's software...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 6, 2022
Core body temperature as a function of time -- hmmmm..... image All systems hover around some midline / equilibrium / fair market value, drifting above and below some equilibrium value. Perhaps a currency exchange rate also drifts above / below ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 6, 2022
Even though it is not apparent when staring at the main price chart, has any one noticed how price moves as a pendulum? There are a number of different indicators that reveal this repeating pattern. However, it seems like very few traders take ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 6, 2022
One of my favorite indicators is Schaff Trend Cycle. Below is my modification of the indicator: Here is Schaff Trend alone: image And here it is overlayed on PlanetX: image The combination of Schaff Trend plus Planet X is very powerful -- ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 6, 2022
Here is another version -- OIY-PlanetX-Hist-v6.0. I'm 95% sure it fixes the red / white circle issue. You know what the problem was? Comparing a delta value (i.e. subtraction value) to '0'. Instead I now compare to 'epsilon', where epsilon is a very ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 6, 2022
Okay. But what about the "refreshing" problem? Renko data is created offline and is tailored for a specific pair and timeframe. How can autofresh possibly work if its implementation relies on switching back-and-forth between timeframes (or pairs)? ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 6, 2022
Thank you @BestTraderEv. Though I think it is very cool if the indicators here work with Renko, at this early stage it really doesn't make sense to implement "hacks" to get it to work on Renko. I suspect that less than 1% of traders use Renko ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 6, 2022
Right -- people shouldn't complain, but in the real-world they do. And I would be the one left to deal with them and I just don't have that kind of patience. If you want to post your email address so I can send all future complainers to you then I ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 6, 2022
Here again is v3, v4 and v5 -- their buffer IDs all match and are standardized with v3. This v3 is the same as the original with the exception that I added text to its buffer ID labels. I've also updated these files in post #1. file file file ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 6, 2022
I understand the purpose of exposing NumBars, but I'm not inclined to do that because you know what people will do -- they will put in numbers like 10,000 or 100,000 and then complain that the indi doesn't work or that it is a resource hog or that ...
PlanetX Indicator - can this indi be used for trading?
- ohitsyou replied Mar 6, 2022
Okay -- I know the issue. I normalize (i.e. rescale) its values to match with the Awesome indicator so that all three indicators have a midline of '0'. When you drag / drop an indicator onto a chart with an existing indicator whose scale is ...
PlanetX Indicator - can this indi be used for trading?