Whoa!!! Nice indicator Amgodi Looks so snaky! Don't know how to use it yet, still need to see its behaviour in forward movement, but it's indeed very awesome indicator. I couldn't imagine how the author can draw something like

Cheers,

The way I was using that indicator is not alone. It works together with snakeforce indy in bigger TF, lets say 15 to 60 min. Usually early signal is gived by snakeforce and entries are gived by snakeborders. In snakeborders, when the "snake" touch one of the borders, is a safe signal to buy or sell, depending the border it touches. TP you can set depending the TF you use or you can rely in snakeforce for that.

I was using snakeforce for exit signal.

Ya, very snakey!


Buy: When low white boundary pulls up and away from the low brown boundary.

Sell: When high white boundary pulls down and away from the high brown boundary.

I got one problem.
Does anybody know about this SnakeBorders/Force? I mean, do they repaint the past or not?
Thanks guys ...


Best,

Snakeforce repaint. Snake alone one of the components of snakeborders repaints too if you set it to 5 (standard) the indicator can repint the last 5 bars (not always happen).

The author of this indicator call them" indicators for self deception"

Go here translate with google

Thanks for the info traga.
Well ... this is what I don't like sometimes Sometimes I found an indicator and I thought, "Wow! This is nice! I should be able to use it for my automated trading signal. Then after sometimes, I found that it repaint the past. I can not use it since it will cause another problem in my system."

That's why, sometimes I was thinking that doing forex research will make my emotion jumping up and down Anyway, I'll just take it as another experience in the journey of finding the "great system"

Best regards,

Anyway it gived me some nice pips, specially in trending markets, but they give false signals too. I quit using since I relize that there are better indys to trade.

Hi FxNewbie,
May I know what's your favourite indicator? Thanks mate ...

Best,

Very interesting indicator. I'm using different settings... If someone can set an alert and signal it would great!

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