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More AbleSys v MT4 ASCTrend
I placed the PriceChannel indicators (PriceChannel_Stop_v1.2.mq4 and PriceChannel_Signal_v1.mq4) on my MT4 charts and compared them with AbleSys's eASCTrend charts. You see the result below. Unfortunately, it would seem that the smaller magenta and blue dots in the PriceChannel_xxx indicators are somehow tying in to the candle colors. This is not correct per AbleSys. I discussed the differences, which are very significant, in the image.
When I look over the AbleSys chart, the areas for NOT TRADING stand out so clearly. Only when all the colors align do we take a trade. The flat spots are are jumbled up with mismatched colors, suggesting that this is a non-trending area and to stay out.
Again, I still have the software and would love for us to get these indicators right. Unfortunately, I know nothing of the MT4 language so can't help that way. The best I can do is test what you great guys have come up with... please tell me what needs testing and I'll keep posting.
11 days and counting to trial expiration,
Coach
Last edited by coachdeb; 10-19-2007 at 11:44 PM.
Reason: Needed to attach image
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