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Old 03-05-2006, 07:03 PM
fred fred is offline
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Swing Turning Point Indicator - Help needed

Hello
Is there anyone of the more knowledgable know how to code a Swing Turning Point Indicator? On MT3 they used to have something along the same lines, it was called Super Signals, it is ok but it creates too many Arrows prematurely on swings before they have matured, resulting in arrows where they shouldn't be, so leading to unreliability, and confusion. Another problem with it was that you couldn't adjust the settings.
This is lead me to thinking along the lines of a swing turning point indicator that prints a red arrow for down (sell) and a blue arrow for new swing up (buy).
To beable to adjust and fine tune settings would be very useful too as every currency has its own personality.
AGET Elliott Waves have a simular indicator but it comes in too late. Metastock has a plug in called Power Pivots Plus, I'm not sure how good that is as I've never tested it.

I'm sure it can be done, it would be a useful tool to add to our indicators.

Here's hoping....
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