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until now GBPCHF still goes south, however AUDUSD has lost its arrow.
I tend to think this trivial cross of EMA1 (=price) with EMA2 doesn't predict anything since it's impossible to formulate the cross correctly.
I wish I am wrong
There were some errors in the previous Indicator .
using pos-1 in the EMA calculation was wrong because pos -1 is a bar in the future, it works only if there was future bars (while drawing the indicator from the first bar, the second bar is -1 of the first bar, and the third bar is -1 of the second bar etc. but the -1 of the current bar is not exist yet).
Anyway, this is the new version of the indicator.
I hope to see your comment! Is it worth to enhance or to forget !
Hi codersguru , thanks for updated version.
Can you explain please the use of little hands up or down near the arrows.
Thanks
Up and Down thumbs indicate that the prediction of the bar under the arrow was right or wrong. Note: it maybe the prediction of the bar under the arrow is wrong but the trend is right and the after bar goes the direction of the prediction.
looks good coder guru.. I want to hear u is it posible to to have in left corner a text saying for example eurusd short
gbpusd short
and atach more instead of having many charts open a litle kind of portfolio tracking ?
looks good coder guru.. I want to hear u is it posible to to have in left corner a text saying for example eurusd short
gbpusd short
and atach more instead of having many charts open a litle kind of portfolio tracking ?
sailor
sailor,
Thanks for trying the indicator!
About the question:
Do you mean to observe other pairs and apply the indicator to them without opening their charts?
EX: You are working (open) eurusd chart and want to observe the gbpusd and/or gbpchf pairs?
There were some errors in the previous Indicator .
using pos-1 in the EMA calculation was wrong because pos -1 is a bar in the future, it works only if there was future bars (while drawing the indicator from the first bar, the second bar is -1 of the first bar, and the third bar is -1 of the second bar etc. but the -1 of the current bar is not exist yet).
Anyway, this is the new version of the indicator.
I hope to see your comment! Is it worth to enhance or to forget !