Can’t import custom indicator
14 replies
kom75
6 years ago #116778
Hello,
I have indicator which works in mt4 but trying to import it to EA Wizard I get message: “indicator doesn’t contain any output data, it cannot be used as EA”.
How can I solve it?
tomas262
6 years ago #142908
Hello,
this indicator is not suitable for using with EA Wizard. You can also calculate standard deviation using built-in Wizard or MQL4 function without need of a custom indicator. I can make an example for this. See screenshot also
kom75
6 years ago #142911
Hello Tomas,
Thanks for example, but how to set StdDev on specific time which is valid couple of hours? Let say set Std Dev at 16:00 and reset it after 24 hrs?
kom75
6 years ago #142919
One more question, we have StdDev belowe and above ref price, how to set them? If 1st StdDev above ref price is let say 0.1, 1st StdDev below price should be -0.1?
tomas262
6 years ago #142965
Ok, I will post an example for this and how to calculate standard dev in Wizard
tomas262
6 years ago #143155
Hello,
see the example attached. It calculates upper standard deviation level at 16 o’clock using close price + standard deviation calculated. Then it trades of this level.
If you want to calculate the level below you simply subtract the deviation value
Let me know if any questions
kom75
6 years ago #143282
Thanks a lot
For some reason I can’t put double numeric value of StdDev, only integer works. How can I change it?
tomas262
6 years ago #143309
Do you mean the SD Shift parameter?
kom75
6 years ago #143313
yes
tomas262
6 years ago #143348
Hello,
SD shift represents “ma_shift” as defined here https://docs.mql4.com/indicators/istddev
It is number of bars to shift moving average which has to be integer
kom75
6 years ago #143362
tomas262
6 years ago #143445
Hello,
you could use the Keltner Channel indicator for this. It provides moving average period and setting for deviation like 1.5 or 2
kom75
6 years ago #143446
Thanks Tomas, I will look at it
Graham Lewis
4 years ago #256069
[@143446] Greetings Tomas. While your responses specifically got OP to use the Standard Deviation indicator, the original question was left unanswered.
Long story short: I am trying to get an indicator (PipValueCalculatorV1_02.mq4) to work as a custom indicator with the PipValue as the output of the indicator; however, I keep getting the error of “Indicator doesn’t contain any output data, it cannot be used as EA.”
So, back to the original question: “How can I solve it?” Any guidance would be at this point…
tomas262
4 years ago #256163
Not all indicators are compatible with EA Wizard unfortunately. The only solution is to find another version of your indicator (similar) that would be compatible
What is your indicator supposed to do actually?
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