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Using XPaint Constructor

You can create your own conditions to paint and mark charts with XPaint constructor, and also you can create your own custon indicators too. And you not need to know any programming language! There are some samples below.

Price is above indicator's value

 You need to create a condition to paint bars to red color if close price is above then Moving Average value.

At first add the Simple MA to chart. Then open XPaint conditions dialog (press the same button in toolbar or press Ctrl-X keys or press Right mouse button over the chart and choose "XPaint Constructor" item). The press 'Add' button to create new condition.
In 'Condition' tab we will create a condition. Assign the name "MA 1". The select EURUSD, Close in the first field (as default you have the same, no need to change anything in this case). Then select "> Above 2-nd Indicator" in the condition's list. And now select Moving Average in the right field (press '...' button to select another indicator from the list. Also you can change the data set there). Now you have this form.



Press to 'Appearance' tab, mark the 'Paint' item and choose the red color. You can choose indicator to paint in 'Apply to' field.



And condition is ready now! Press OK button and close the conditions list. And we have this chart.



The volume is above twice the MA of the volume

 Now we will create more complex condition. This condition may be useful for scalpers, you can find local maximums-minimums with it using volume information. Open 1-min 6E futures charts (for example F.6EH1), add volume to it and then apply Simple Moving Average (the length is 10) to volume value. To add MA to volume value open 'Add Indicator' dialog, choose MA in the left list and choose Volume in the right list.



Now you have the chart like this.



We need to create a condition 'Volume is above twice of MA'. Divide it into two conditions: 1 - the any indicator equal by twice of MA, 2 - we need compare the volume with this indicator's value.

Create the first condition. Open XPaint constructor and create the condition named 'Vol2'.
Choose 'Moving Average' in the left field, select "Math mul (*)" as condition and enter 2 value into the right field



In the 'Appearance' tab mark 'As Indicator' item and choose the color.



Press OK to add this indicator. look at the chart now, you can see new indicator there.



Drag new indicator to volume's area.



And now we can create a second condition.





And you will have the similar chart. (You can hide temporary indicator, press Right mouse button over it and select 'hide object')



You can use this chart to scalping, as you see the high volume (marked with red color) it means a strong support/resistance and market will stopped here for a some time or may be will move back.

Using some indicators

 And now we will create a conditions with to indicators. We will use DiNapoli trading system with modified Stochastic 8,3,3 and DEMA 8.3897, 17.5185 è 9.0503. Add both indicators to chart and create two conditions, one is the buy condition and second is the Sell condition.

The Sell condition is: DEMA line is below the Signal line and Stochastic is turned down (%K line is cross down %D line) and to filter signals in the end of the trend add the condition Stochastic is above 25. Then full consition is:





Buy condition is: DEMA line is above the Signal line, Stochastic is turned up and Stochastic value is below 75.





The chart looks like



Another XPaint samples

 It shows maximum and minimum values for each bar, and display sizes of upper and lower shadows for each candle.


Bill Williams profitunity system, including BW zones and AO/AC signals.


Bull Power and Bear Power are difference between high/low prices and MA of close prices.