Trend indicators - page 19

doody
9
doody  

thanx

gorangel:
The indicator REPAINTS, but here you go:

thanx gorangel but can u plz attach the mq4 instead of the ex4...

i dont think it repaints because once the candle closes, the arrow s fixed n i hav been checking it for a while now...

it only repaints if the candle changes price before closing...

u can check it n let me know...

many thanx

Mladen Rakic
155797
Mladen Rakic  

He posted it a couple of posts ago (at the previous page) , so you can download it there

And yes, it repaints as a trooper, and there is no limit in how many bars it can repaint. "Repainting" is a term used for badly coded stuff, and solar wind is just and only that : badly coded conversion of Ehlers fisher transform ...

doody:
thanx gorangel but can u plz attach the mq4 instead of the ex4...

i dont think it repaints because once the candle closes, the arrow s fixed n i hav been checking it for a while now...

it only repaints if the candle changes price before closing...

u can check it n let me know...

many thanx
xx3xxx
1754
xx3xxx  

first, thanks for uploading the ex4

but it look like this (try background color and diff template - still vanish)

[ there is no other indicator we have to PUT IT UP first, before installing trend.ex4 , right ?!] -- prerequistic indicator that work in a group

you may want to delete the ex4, then put MQ4 in its folder to reopen the MT4 -- this should give you a new trend.ex4 , if it works on the chart, pls upload once more

by the way MQ4 was in earlier reply

but yewww , it is a repaint indicator that means it belong to REGRET indicator category -- when you follow its new direction and enter, then you will regret within 90 minutes

-- but when I look at your picture earlier, it just appear to be 2 color indicator, so will the repaint really that bad ?

is Lsma trend - channeled.mq4‎ (4.6 KB, 321 views) that good?

my normal LSMA repaint quite a lot and it just profile what just happen (no prediction ability at all)

and I will use it on 30M (good?) , your example is M1 (too risky for me)

===========

I am pretty good in determining critical price level for cross-currency pair

trend.ex4 could be something like SEFC indicator -- in historical data (i.e. not recent half day) , it looks good enough

but when you try to use it to enter, it get you feeling Risky and Uncertain

actually, we should find some indicator combo for DANGEROUS to enter right now -- i.e. this is definitely not a good time to enter e.g. identify consolidation zone etc with the current market condition

---- I like 30M charting, and I notice one thing about AUDCHF -- this pair volatility is VERY LOW

for an extra long candle bar, we could draw a L-shape just using one candle bar i.e. 2 rectangles in MT4

then we could decide when the peak got the momentum vanish (could be reverse sign)

will look into other pair to see where are the peaks possibly be !! to see whether same reverse pattern persist

this could be a rubbish discoveries as AUD-chf are just like turtles, refusing to move much

gorangel
91
gorangel  

xx3xxx

Yes it repaints badly.

But don't take my word or Mladen's for granted. Check for yourself

Anyway the ex4 again

Files:
trend_1.ex4 4 kb
repaint.jpg 98 kb
doody
9
doody  

sorry to bother u but..........

gorangel:
xx3xxx

Yes it repaints badly.

But don't take my word or Mladen's for granted. Check for yourself

Anyway the ex4 again

sorry gorangel, can u plz explain more.... i mean wut do u mean by it repaints?

sorry to bother but i really hope u explain to me dude...

i have been trading with it on different timeframes and it gave realy good results..

can u plz tell me about indicators that do not repaint...

happy trading day

gorangel
91
gorangel  

Repaint

Well you don't want to experience the frustration of repainting indicators, many times I think I have the 'holy grail' of signals only to get flipped in & out of positions. The 'better' an indicator looks, the more I suspect it repaints .

There are two types of repainting:

Value repainting : the indicator changes value(s) of any bar index greater than 0 (regardless of what the intention/purpose of use is for). Examples : Zigzag, Super signal,solar wind etc

Color repainting : the indicator doesn't change any past value. But may change its past color.

Non-repainting indicator will have value (and/or color) on any closed bar FIXED.

Check this How to determine if an indicator is suitable for Expert Advisors | MQLsoft - [mql, programming, programmer, service, coding, mql4, ea, forex, trading, automated, metatrader, indicator, expert advisor, ea, strategy, ea programming, robot, custom indic

derumuro
49
derumuro  

Hi mladen,

thanks for the RS_Rank Indicator.

Regards

derumuro

doody
9
doody  

hey gorangel

when u wer sayin about the repaint indicator, were u on about the indicator that i attached or about xx3xxx??

xx3xxx
1754
xx3xxx  

thanks -- gorangel

this ex4 work, sorry to ask for such a simple task -- gimme the ex4 (don't wanna to install 2nd MT4 , for just the conversion)

first, if I got the compiler, sometime I do programming

I will adjust the parameter (none available now-- INPUTS) to have a bigger number and make it become adjustable as an input -- that is a bad bad habit, just like when a baby without a candy, you make a bet by giving the baby(broker) a lolly pop

----

it is because the signal on my 30M euraud, is far too early

just like some of the 777 template, when it beep a lot , then I tend to bet once -- esp if I have no TRANSACTION on my demo account

---

there is no holy grail, if there is, people won't tell you and let you have the method, simple as that --

we have to look at ourself(habit) carefully and our habit too if we lost more than HALF the transaction --

and real account could be 10 % harder than demo , I guess (when the broker got some intervention, either you lost big or win big)

===

solution could be , see this dig

then that evening, it becomes

see the rectangle and forget the approaching of zero-mid-line

I am going to THROW AWAY trend.ex4 -- as never seen an indicator as rubbish as this one

of course, if it REPAINTS badly, this will look good on my chart -- but if it repaints every ticks, we may have to THROW IT Away too, after 2 weeks of trying

if it give a U-turn signal (swing could be in our head mindset for the wrong reason) as traders like sustainable tendency so they could double or triple their bet on their already winning positions

====

possible reason :

you trade the wrong pair, I don't do eur/usd , it is the easier pair to HEDGE succesfully

I like cross -currency pairs

even if an indicator only give 2 to 3 signal for entry per month -- as long as it never be wrong -- that will be a good one

too frequent or day trading is another mistake -- why we have to close everything same day -- it is not 1-day rental wife anyway; however, holding a trans more than 2 weeks is stupid too

you just have to draw a triangle (if you assume it will swing to alter the direction) then wait for at least 3 to 5 hours to find a good price to enter, you ca have 100 pip SL , so it won't hit the SL

I put the indicator with some other indicator that got no serious repaint issue, so I group similar indicator or I find some indicator that is PREDICTION type

every signal, we should really wait for 2 hours before enter (a better price will be find in this period and we could have a clear mind to see whether the swing direction does hold as the market need about 90 min to react with a big candle drawn)

if you are not using H1 or 30M , some people like the behavior of H2 too in offline charting

-----

just try it, historical swing is rubbish (does not tell the accuracy) ; only through trial and error, when the market condition is right, we pick a pair that is less volatile and fluctuating , then it is good

actually eur/aud is not that good, quite volatile thesedays (summer this year, euraud is better)

I think GBP/aud is quite good -- while cad/chf is tough one (not as pretty / easy as it historical data suggest)

we could always upload our screen capture, (indicate where we buy / sell) here, for people to comment on an indicator and also put a diary here -- there are many screen capture software (free) available, my screen capture is all JPG, about 160K in size

=== if you want to see how good is your trained eye on NEXT-LEG movement

in the search of forex-tsd, search for <> , and you can be JUDGEMENTAL about it

gorangel
91
gorangel  

@Doody

I'm sorry but you didn't upload any indicator.. , i was talking about the one I had uploaded (trend)

@xx3xxx

No problem.

Thanks for your advice.