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It does recalibrate the last several bars - that's why it looks so good. Watch it realtime on a 1 minute chart. A down bar can become an extension of the last up move, and the down move shifted to the next bar. It's a shame because it looks so damned good on the chart
I've ben looking at this indicator over the weekend. Unfortunately it looked too good to be true, and was. The repainting of the bars is a real problem, I have noticed though, that the formula calculations are very similar to that of the CCI Indicator, which won't change (recalculate) when plotted on a chart.
Maybe the Fisher could be used as the signal, with the CCI as the confirmation? The peroids I look at are quite large to filter out the noise, will try it on Monday.
yes, the line of code you refer is from original FX_FISH, but is not really important, because is used only to delete text strings on chart. Nothing to do with calculating indicator values.
yes, the line of code you refer is from original FX_FISH, but is not really important, because is used only to delete text strings on chart. Nothing to do with calculating indicator values.
beerhunter: Thank you for the info. Is there anyway the FX Fish can be altered,( I think it has alot of potential) , to make it work so better, so that maybe we can get it to chnage the colour of bars to a max of 2-3 bars back
beerhunter: Thank you for the info. Is there anyway the FX Fish can be altered,( I think it has alot of potential) , to make it work so better, so that maybe we can get it to chnage the colour of bars to a max of 2-3 bars back
same request here...
i appreciate the efforts put in coding all this indicators but please, when posting this lookback indicators refer that fact, because it's a waste of time otherwise
i think indicators that repaint past values are virtually useless
Linear Mode
