Reading out MQL code from commercial indicator?

[sherlock1713006318]

Hi,

 

I'd like to know if it is possible to find out how this indicator calculates its range. It's from Le@rnf0rexlive course and provides an average daily range to estimate how much intraday volatility you can expect. I haven't found a common ATR setting which equals the indicators range so I wonder how it is calculatied.

 

It works pretty well and most often there is a level of support or resistance when these ranges get reached even if these levels will eventually break. My idea is to add a standard deviation to its calculation as there are days with a greater or less range and see if these levels would work too. But again, we have to find out how it is calculated.

 

Any ideas?

 

Regards

Sherlock

 

http://[email protected]/files/395254423/ATRprojections.ex4.html

Edited June 4, 2010 by sherlock

[alright]

Hi,

 

I'd like to know if it is possible to find out how this indicator calculates its range. It's from Le@rnf0rexlive course and provides an average daily range to estimate how much intraday volatility you can expect. I haven't found a common ATR setting which equals the indicators range so I wonder how it is calculatied.

 

It works pretty well and most often there is a level of support or resistance when these ranges get reached even if these levels will eventually break. My idea is to add a standard deviation to its calculation as there are days with a greater or less range and see if these levels would work too. But again, we have to find out how it is calculated.

 

Any ideas?

 

Regards

Sherlock

 

http://[email protected]/files/395254423/ATRprojections.ex4.html

 

Hi sherlock. I only finished yesterday to download the course. So you mean you need to visualise the code for that indicator? If yes, that's easily attainable. Please let me know.

[flowe]

Hi,

 

I'd like to know if it is possible to find out how this indicator calculates its range. It's from Le@rnf0rexlive course and provides an average daily range to estimate how much intraday volatility you can expect. I haven't found a common ATR setting which equals the indicators range so I wonder how it is calculatied.

 

It works pretty well and most often there is a level of support or resistance when these ranges get reached even if these levels will eventually break. My idea is to add a standard deviation to its calculation as there are days with a greater or less range and see if these levels would work too. But again, we have to find out how it is calculated.

 

Any ideas?

 

Regards

Sherlock

 

http://[email protected]/files/395254423/ATRprojections.ex4.html

 

Link doesn´t work anymore.

Any mirror please