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A small reminder for those who wants to understand and see how an indicator react with the price movement (repaints or not):
Go to strategy tester, check the visual mode, start and attach your indicator on chart. Now observe it in real time ... FerruFx
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THE HEART of FOREX & THE PROBABILITY METER - Trade with 100% confidence and ... Stress Less!!! Coding services: Experts Advisors, indicators, alerts, etc ... more info by PM NEW: video presentation of the Probability Meter ... 24hrs action on the website |
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Time Machine - with all traders (and banks, dillers) using Time Machine - would be kinda complicated to trade
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Moldem, Every indicator moves after the opening of a bar but one is only sure about the signal when a bar has closed. For all the same price moves away and triggers an entry and it drops back to the entry point and that way the signal disapears and after that price moves back up and gives again a signal ..etc..etc...etc... That means that for all the same one can open a trade and close it again after the signal disapears and re-opens and close again....etc..etc....etc.... As you said you want to use it on bigger time frames . ON a 4h tf or daily, for all the same price can go up and fall back to the opening price 10 x times before a bar has closed. Just think what it will do with your mental state of minde if you see that signal apears and disapears 10x times ?....So if one chooses for a 4h tf or a daily he has to wait till the END of a bar before he can take any action... regards...iGoR
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Succes comes with knowledge. Knowledge comes with experience. Experience comes with time and hard work... (iGoR) To avoid a lot of false trades ask yourself the question:...Am I desperatly looking for a trend because I want to trade...or am I taking a trade because the trend is there...(iGoR) |
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i think the best way is to open position and takes 5 pips.. it work for me.. huhuhu.. but be very carefull and dont use this indic on it own.. just add fibo or stoch or anything that suitable
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limestreamx@yahoo.com.sg |
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I made this indicator just for early warning on my system... the signal is not an entry signal... it's repaint on the last signal till the last bar is finish.. be careful ...... But you are lucky to post this... because you got a very rare explanations about indicators signal from all the best.... that's how to learn... And Thanks.. to all members that explain about the lack of this indicator... KG
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Daily Analysis: KG WORLDS... |
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LinkBack to this Thread: http://www.forex-tsd.com/indicators-metatrader-4/15125-im-rich-holy-grail.html
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| Posted By | For | Type | Date | |
| Mój sysytem- faza rozwojowa. | This thread | Refback | 09-11-2008 09:27 AM | |
| Mój sysytem- faza rozwojowa. | This thread | Refback | 09-10-2008 06:57 AM | |
| Mój sysytem- faza rozwojowa. | This thread | Refback | 09-09-2008 09:14 PM | |
| Mój sysytem- faza rozwojowa. | This thread | Refback | 09-09-2008 09:05 PM | |
| Mój sysytem- faza rozwojowa. | This thread | Refback | 09-09-2008 09:04 PM | |
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