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Originally Posted by ForexBoss
it is my questions
when we have this parametres....Signal change colour during bar?
i think that signal stay same because it give signal only sometimes with this paramatres
yours opinion?
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I would like to explain something about indicators that change during a bar because I read this remarks very often.
If the
price is changing in the current bar don't you think it is completaly normall that the
indicator changes also ?...
Lets say that a 60 min. bar starts...and price goes up for 100pips...then whatever kind of indicator has to react on that fact in a positive or bullish way. If in that same bar price comes down 100pips so to the same level from were it started it should show nothing different to the previous bar because price is at the same level of the close of the previous bar. And if in that very same bar price fals down with 100pips, the indicator should react on that in a negative or bearish way.
Sometimes I see people ask: is it possible to build or change this or this indicator that it would not change color on the current bar...but that is like asking: ...could you make that the chart shows an up bar even if it is a down bar.
So as long as a bar is
not completaly closed, whatever kind of
indicator can turn each way...(higher then previous bar when price goes up....the same as the previous bar when price is the same as the previous bar or the indicator turns negative when price is lower then previous bar)....
Offcourse you have some bad or unreliable indicators who work with hindsight or who repaint the past. These kind of indicators can change there reading to 4 or 5 bars back.
But every normall indicator should react on the price changings of the current bar.
friendly regards..iGoR