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Sometime you post a chart and we don't know which T3 is which. So I modified the indicator to show what color belongs to which T3. Attached is a template so you can use it to modify. It's easier to see how it was set up. You can display the info in any 4 corner: upper left, upper right, lower left, lower right. In this set up, I display the info in the upper right corner.
If your broker opens on Sunday, then you're in luck. With the T3 Rainbow trading system, you can spot a reversal Monday. Use the daily chart. If the Sunday bar is outside of any T3, then it's time to reverse the trend. If the Sunday bar is under any T3, go LONG on the opening of Monday. Vice versa for a SHORT. go SHORT if the Sunday bar is on top of any T3. On the chart I marked some Sunday bars with an "S". This will improve your odd of winnings by at least 1%. Some brokers have Sunday bars are Interbank FX and North Finance. It works very well with the Yen crosses but not AUDUSD.
Edit: I haven't test this system on all pairs yet. Trade @ your own risks.
It's repainting. Just put it on the 15-min chart, zoom in and watch. When a new tick comes in on the 0-bar, bars 1 and 2 also change immediately.
It's possible the repainting goes back further in time but it's not so obvious to the eye.
I looked at the code, but it wasn't clear what the indicator is meant to do. It's just a bunch of meaningless variable names like e1[],c1[],n[], etc. and array assignment statements.
hth.
The way it is writen e(n) variables should contain values from previous bar
If you avoid recalculating the previous bars the e(n) variables are "poluted"
Two "muscle" solutions posted:
T3 bands all recalc - always recalculates all bars
T3 bands limited recalc - recalculates BarstToCount+sum(Ma_periods) : this is an aproximation, not sure what results is it giving
regards
mladen
Quote:
Originally Posted by alpha24seven
This is an excellent indi as you can see. The problem is that it doesn't update properly and simply collapses right after you load it into a chart.
Please can somebody point me in the direction of this indicator. I was browsing the forum last night and can not remeber where I saw it being referenced.
Please can somebody point me in the direction of this indicator. I was browsing the forum last night and can not remeber where I saw it being referenced.
Thanx
It is in several threads and postings. Best for you to do some work and use like search feature of the forum.
T3 Bb Macd
Linear Mode
