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In this case yellow color works like Signal for Opening Orders or Closing of previous trade.
Look at the chart - it's GBP H1 ( Filter = 20 ) for some last days.
In this case yellow color works like Signal for Opening Orders or Closing of previous trade.
Look at the chart - it's GBP H1 ( Filter = 20 ) for some last days.
I understand that.
I can not use Filter value more than 1 in this indicator. Because if the Filter value is more than 1 so this yellow zone will be moved to tradable zone. See image: the yellow zone was moved but it should be in different placed according to the reality.
I am the proverbial "wet behind the ears" in the Forex area however I do find the whole thing tremendously interesting. I have downloaded the indicator for MT4 at the start of this thread and after putting it onto a chart the only colour I get is yellow. I put the file into the MT experts folder and it shows on the indicators list but the line on the chart is just yellow whether the movement has been short or long or anything inbetween. I would be very grateful if anyone can help or advise as to whether I have done something wrong or need to input any values for it to work.