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I have many years of programming experience but not much in MQL4. The attached indicator seems very interesting but has what appear to be a few mistakes in the code - in a couple of places it seems to be referencing arrays using an index of -1 which I believe would result in using VERY old data.
Can one of you very excellent programmers correct this indicator (or tell me that it is working fine and I am wrong)?
Too bad the preceding post was moved here - the indicator posted has nothing to do with CG's indicator. I deliberately tried to start a new thread in order to share the indicator in question with others (and hopefully improve it).
Instead, I'm stuck out here at the end of a dead topic where no one will see it...
Yes, I see. You are right. Sorry.
I separated the threads and sent PM to you.
Thanks NewDigital - I have been tinkering with this indicator and think I may have a version that does what the original author intended but I would really appreciate having an expert MQL4 programmer have a look and see if my understanding is correct.
I have many years of programming experience but not much in MQL4. The attached indicator seems very interesting but has what appear to be a few mistakes in the code - in a couple of places it seems to be referencing arrays using an index of -1 which I believe would result in using VERY old data.
...
Thank you
As you can see, this indicator has very little lag - usually only a bar. I plan to use it in conjunction with a detrending indicator to keep me out of whipsaws and some kind of support/resistance projection, probably DeMark's daily range projection to provide profit targets and potential reversal points. Then I will have a simple (only three indicators) system which will predict the future often enough to make some pips. Will it work? Dunno yet...
Not sure what you mean by "the original". If you're referring to the CodersGuru indicator, that indicator and this one are not really the same thing (though similar in intent).
I like this indicator because it seems to get the job done without being a CPU resource hog, as some "no-lag" tools seem to be.
EMA Predictive 2
Linear Mode
