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I already used bollinger band.
I just found new idea and applied backtest for it. Look promising. I am not a coder to create an indicator. What I want is the chart more simple and visual one.
What I want is the chart more simple and visual one.
Something more visual is not always the better solution. It’s like having a red light that comes on once the engine in your car has overheated. I would rather have a gauge that tells me the engines temperature so I know in advance that the temperature is rising in order to do something about it before it overheats. Bar indicators are the same... they only tell you if price is above or bellow the setting. They don’t tell you if there is divergence or anything. You will be much better off using the channels you are using at present.
thanks newdigital for putting me to right place
thanks fx_check for advice
this is just an idea. I think it looks like Hama channel but difference. I think it works fine with Ladtrend that I am using. As I said in prevous thread, i just wanted the chart more simple. If ISD-calender indicator is activated the line& text, it looks so complex.
I have some more pics how it works. the forward test is right method for evaluating it.
I appreciate so much if someone helps me.
Last edited by smartcamel; 06-09-2008 at 09:01 AM.
i have seen ftlm, stlm and divergence indicator. i like to have divergance lines on ftlm indicator to save in space. otherwise my laptop screen has very thin indicator windows. is it possible to make those divergence lines and errows on ftlm indicator?
it would be very helpfull.
drag and drop.
Place first indicator and 'drag abd drop' the second indicator on the same window. My mouse. The same as file into the folder. overlaying indicators
Linear Mode
