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    Automated distance calculation. How to make?

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    • OntradingX
      OntradingX last edited by

      Does anyone have any idea how I can perform distance calculations between objects in a simpler and more automated way?

      Currently I have to figure out which distance multiplier I should use to plot other lines on the chart.

      I will cite some examples:
      Note my lines R1, R2, R3 they are symmetrically spaced but for this to happen I had to multiply by x1000 note that the asset price is in the format 000,000

      In this case I'm using the Crypto market, but if I'm going to trade Forex, then I have to multiply it by x10000
      If I'm going to use it in CFD I have to multiply by x100

      And these multipliers change from broker to broker.
      Is there a way for the EA to find the ideal multiplier according to the price or something similar so that I don't have to keep trying to figure out this part?
      1_1653132013931_r1r2r3.png 0_1653132013927_distancex1000.png

      Sou do Brasil e utilizo o sistema Fxdreema a alguns anos, sempre que tenho tempo disponível eu tento ajudar alguém por aqui, mas se quiser uma ajuda mais próxima me contacte:
      Site: https://www.ontradingx.com.br
      Youtube: https://www.youtube.com/@ontradingx
      Boa sorte a todos nós!

      English - I'm from Brazil and I've been using the Fxdreema system for a few years, whenever I have time available I try to help someone here, but if you want more help, contact me:
      Website: https://www.ontradingx.com.br
      Youtube: https://www.youtube.com/@ontradingx
      Good luck to all of us!

      TipsyWisdom jstap 2 Replies Last reply Reply Quote 0
      • TipsyWisdom
        TipsyWisdom @OntradingX last edited by TipsyWisdom

        @ontradingx said in Automated distance calculation. How to make?:

        Does anyone have any idea how I can perform distance calculations between objects in a simpler and more automated way?

        Currently I have to figure out which distance multiplier I should use to plot other lines on the chart.

        I will cite some examples:
        Note my lines R1, R2, R3 they are symmetrically spaced but for this to happen I had to multiply by x1000 note that the asset price is in the format 000,000

        In this case I'm using the Crypto market, but if I'm going to trade Forex, then I have to multiply it by x10000
        If I'm going to use it in CFD I have to multiply by x100

        And these multipliers change from broker to broker.
        Is there a way for the EA to find the ideal multiplier according to the price or something similar so that I don't have to keep trying to figure out this part?
        1_1653132013931_r1r2r3.png 0_1653132013927_distancex1000.png

        price %? eh. probably not.

        Its very difficult because every asseet , each measurement will change. Pips, Ticks, Points, Price, Price %. Its all variable and not on the same scale. But of all of them, price % is probably the most universal.

        OntradingX 1 Reply Last reply Reply Quote 0
        • OntradingX
          OntradingX @TipsyWisdom last edited by

          @tipsywisdom could you give me an example of how to do this?

          Sou do Brasil e utilizo o sistema Fxdreema a alguns anos, sempre que tenho tempo disponível eu tento ajudar alguém por aqui, mas se quiser uma ajuda mais próxima me contacte:
          Site: https://www.ontradingx.com.br
          Youtube: https://www.youtube.com/@ontradingx
          Boa sorte a todos nós!

          English - I'm from Brazil and I've been using the Fxdreema system for a few years, whenever I have time available I try to help someone here, but if you want more help, contact me:
          Website: https://www.ontradingx.com.br
          Youtube: https://www.youtube.com/@ontradingx
          Good luck to all of us!

          1 Reply Last reply Reply Quote 0
          • TipsyWisdom
            TipsyWisdom last edited by

            0_1653341191635_05946470-4c1b-47e9-86ff-c820bca93a9d-image.png
            I didnt double check the formula, but I think this is right...or the logic is close, but this is the idea. Turn any price move into a variable with a formula.
            This is how I would use 10% of price for example, as a variable.

            1 Reply Last reply Reply Quote 0
            • jstap
              jstap @OntradingX last edited by

              @ontradingx If you have the value for each line, high - low will give you the distance.

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