They are called Camarilla Level Pivot Points. There is only 1 calculation that I think is wrong. The calculation is the one used in calculating the Standard Pivot Point. 2 because it places the pivot in the center of the other pivot points. Concerns: I’ve been working on this program for a few days not and I still have a couple of concerns. Indicator_color does not show up in the Indicator’s property colors list. The second is that the lines do not extend to the last couple of Price Bars.
Also I want to hear any comments you have on the code. 8 indicators whereas you have used 9. Perhaps the properties listing of only 8 colors is a hangover from the old MT4? The lines not extending to the last couple of bars is because the indicator as you have it runs for every tick and redraws for the last couple of bars each time.
H3, H6, H8 and H12 Candle Sticks Indicator This indicator adds H3, H6, H8 and H12 time frames into your charts. Hi, this is an upgrade from the previous indicator. It plots price tags on the right hand side of the lines. The problem that still remains is that the indicator doesn’t refresh itself by tick and one needs to either compile it , or right click to bring up it’s preferences and “OK” it again. If someone could possibly look into that flaw , it would be greatly appreciated. I did a search but the only one I found does not work.
The link for download camarilla calculator is dead could u post it here ? I moved your post to this threads with this indicator. I also created my own version of Camarilla. What do you think of my Camarilla? Positive and Negative suggestions are appreciated. The indicator is updated with comments that Camarilla doesn’t have any PP, so don’t try to plot the PP. Anyway, if you are confused just re-download the code below.
Hi, I also created my own version of Camarilla. I’m not sure if the calculation is correct. EDIT: if PP is what you use as range in your calculation you might be correct because you don’t plot the PP. Yes you calculation is correct but i think you should call PP Range in the source because if someone would maybe edit it and plot the PP as just PP it would be wrong because that should be like i wrote above. Glad that the formula is correct.
I was afraid that I made a fatal mistake. However, I’m experiencing some strange phenomenon that the indicator sometimes draw twice per day. Uhm, yes Camarilla doesn’t have any Pivot Point. Coz the “range” is actually H-L, but I multiply it with 1.
1 to make the coding simpler. Glad somebody is trying it out. I’ll reupload the code at my previous post. All Indicators on Forex Strategies Resources are free. Here there is a list of download The Camarilla indicators for Metatrader 4 . It easy by attach to the chart for all Metatrader users. Extract from the file rar or zip.
Thid is Camarilla indicator for trading strategy. 5 Metatrader Pimspit pivots and others – Forex Strategies – Forex . Camarilla Equation is known among forex traders as Camarilla pivot points. Camarilla pivots are used for intra-day trading, it is a tool for Forex scalpers and short term traders alike. Taking yesterday’s High, Low, Open and Close Camarilla indicator calculates 10 levels: 5 “L” low levels and 5 “H” high level. Most valuable and most often traded Camarilla pivot levels are L3, L4 and H3, H4.