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Old 11-07-2006, 02:33 AM
fxhst329 fxhst329 is offline
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Xp Ma

Hi ALL,

I have a suggestion to this...

CodersGuru...if you want...you might change visualization...instead of xP MA being a line, create indicator that will draw the signals with each color change.

The rules would be...signal would appear on the close of first bar when new color would show (red/green). This is the best way to test it. If we see the signal and it will stay on the chart on the place where it firstly appeared, then it DOESN'T repaint the past. If the signals will move it's original position with proceeding bars and keep moving to better place...it means it DOES repaints the past.

This indicator would be incredible if it gave a signal and signal would stay on it's original position. But what good is it for f.e. if I get signal to buy f.e. GBP/USD on 4H chart at 1.8900 and on second bar after pound drops like 100 pips, bar closes and signal moves to this bar and I have a new signal to buy 100 pips lower at 1.8800. Let's say this repeats and after 3 another bars pound drops to 1.8600 and makes a bottom. Signal was moving forward with these bars so basically what would happen...I would have a buy signal on each bar from 1.8900. Now let's say I'm in position from first signal appearance at 1.8900. Now I would be -300 pips down from when the actuall and to last signal would appear. This last signal would stay on the chart as the actuall signal, which you would normally see if you would scroll the chart back and backtested manually. But in reallity if you followed, you would be already 300 pip in minus. So this can be extremely dangerous.

When it's line, it may be hard to find out. Even harder is, that this doesn't have to occur too often, maybe never, maybe permamently. So controlling signals would be much easier and convenient.
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