Composite Fractal Behavior and its aplications - page 24
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Dearest MLADEN,
with a lot of excuses,indicator is not acting as described or as expected ,may be i am missing some thing.
regards
mntiwana
The indicator does not take into account pips at all : it depends exclusively on data, nothing to do with pips
mntiwana
The indicator does not take into account pips at all : it depends exclusively on data, nothing to do with pipsDearest MLADEN,
what exact we count as data,if ticks or what else ...... if all sort of cfb indicators calculating like this,i am so far away understanding the exact though i reads your description post that you refer from jurik.
regards
Hi Boxter,
Have you tried the version that is using smoothed Polychromatic Momentum? If not its in Elite section.
Top one is cfb qqe bottom pcm qqeDearest MRTOOLS,
reference to an old post, in the said picture which indi you used for dual TF bars,lower tf bars are visible in higher tf bars,6 four hour bars are inside one daily bar .
regards
Dearest MLADEN,
what exact we count as data,if ticks or what else ...... if all sort of cfb indicators calculating like this,i am so far away understanding the exact though i reads your description post that you refer from jurik.
regards
mntiwana
Data is the price in the case of that cfb, and cfb depends exclusively on brokers prices
mntiwana
Data is the price in the case of that cfb, and cfb depends exclusively on brokers pricesDearest MLADEN,
so if there is a difference in price and pips when pip is a lowest unit of price value.....so how we can differentiate price data and pips when price move north/south in lowest price values/unit as pips,here i am confused again,sorry.
regards
Dearest MRTOOLS,
reference to an old post, in the said picture which indi you used for dual TF bars,lower tf bars are visible in higher tf bars,6 four hour bars are inside one daily bar .
regards
Mntiwana, it's custom candles, posting this version.
custom_candles_-_any_time_frame_nmc.mq4
Mntiwana, it's custom candles, posting this version.
custom_candles_-_any_time_frame_nmc.mq4
Dearest MRTOOLS,
so much thanks for the early reply with desired indicator,your greatness,
regards
candles are forming by open close range by default ,if it is possible a option with those might form with total low and high as pointed in picture..
regards
Dearest MLADEN,
so if there is a difference in price and pips when pip is a lowest unit of price value.....so how we can differentiate price data and pips when price move north/south in lowest price values/unit as pips,here i am confused again,sorry.
regardsmntiwana
The CB indicator does not make a difference if it is calculating pips, $ or anything else. That is why no adjustments need to be done with it. It will calculate whatever value is given to it as data source. No need to make any adjustment if the broker is 4 or 5 digit broker since the CFB indicator does not depend on that
mntiwana
The CB indicator does not make a difference if it is calculating pips, $ or anything else. That is why no adjustments need to be done with it. It will calculate whatever value is given to it as data source. No need to make any adjustment if the broker is 4 or 5 digit broker since the CFB indicator does not depend on thatDearest MLADEN,
i admit,i am really a dull student,
at one point you said " it depends exclusively on data" and then you explained "Data is the price in the case of that cfb, and cfb depends exclusively on brokers prices" then you explained " It will calculate whatever value is given to it as data source" so in this case i might be consider how prices moves up and down,cfb indicator should move accordingly.thanks
regards
Dearest MLADEN,
i admit,i am really a dull student,
at one point you said " it depends exclusively on data" and then you explained "Data is the price in the case of that cfb, and cfb depends exclusively on brokers prices" then you explained " It will calculate whatever value is given to it as data source" so in this case i might be consider how prices moves up and down,cfb indicator should move accordingly.thanks
regardsmntiwana
What I am trying to tell is the following : it does not matter if the broker is 4 or 5 digit broker. The similar way as moving average "does not care" if it is 4 or 5 digit data (or nnn digits fr the matter of fact), CFB too "does not care for that. It will use the data it is supplied and it does not matter what precision of that data is (it is not like some versions of step indicators that do depend on pips and points)
I hope this clarifies the CFB a bit more