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| I want to make a Cost of Trade Custom Indicator |
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SAGEs
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| Post subject: I want to make a Cost of Trade Custom Indicator |
Post rating: 0
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Posted: Tue 07 Nov, 2017, 19:09
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User rating: 2
Joined: Fri 01 Sep, 2017, 12:14
Posts: 8
Location: GermanyGermany
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Hi
I made this Indicator quite easily in MT4, but I do not know java and also have trouble to understand Visual JForex, maybe someone can help me out:
It is actually very simple, I need:
1. the value of the ATR of the last 5 closed daily candles (5ATR)
2. the live spread, updated with every tick (SPREAD)
Then I calculate the Cost, using these 2 Values:
( 1-(SPREAD / 5ATR) )*100 = Cost in %
example: ( 1-(0.00003 / 0.0072) )*100 = 99,58 %
I just need the % number in the corner of my chart, that is being updated with every tick, does anybody know how to do that?
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amine_chourou
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| Post subject: Re: I want to make a Cost of Trade Custom Indicator |
Post rating: 1
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Posted: Wed 08 Nov, 2017, 14:04
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| Visual JForex expert at Dukascopy |  |
User rating: 288
Joined: Thu 18 Apr, 2013, 09:26
Posts: 1496
Location: Switzerland, Geneva
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Hi there,
Attached an example.
Let me know if you have any questions
| Attachments: |
ATR_CostPerc.vfs [19.68 KiB]
Downloaded 87 times
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SAGEs
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| Post subject: Re: I want to make a Cost of Trade Custom Indicator |
Post rating: 0
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Posted: Wed 08 Nov, 2017, 16:22
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User rating: 2
Joined: Fri 01 Sep, 2017, 12:14
Posts: 8
Location: GermanyGermany
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amine_chourou wrote: Hi there,
Attached an example.
Let me know if you have any questions Thank you, that looks good, is there a way to see the output of the calculation on the chart while the strategy is running?
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amine_chourou
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| Post subject: Re: I want to make a Cost of Trade Custom Indicator |
Post rating: 0
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Posted: Thu 09 Nov, 2017, 10:53
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| Visual JForex expert at Dukascopy | |
User rating: 288
Joined: Thu 18 Apr, 2013, 09:26
Posts: 1496
Location: Switzerland, Geneva
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Hi,
Well you already have in the file sent: See the outputs on the workspace ? (Spread, ATR5, Cost_inPerc) ? That's the way we debug values when the strategy is running. You can drag and drop any value used in the strategy on the workspace to see its real time value
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