other side of coin it might make u miss trade also if you entered this trade on cable at 7430 7416 is pivot and 200 ema so u r looking at 10 pips not a good r/r 34 to get 10
Yes but that's alright with me because i think there are enough trades with this method.
What worries me more is if it still gets you in a bad trade but later than the others. Then you might never get into positive territory.
But there's probably never a perfect way.
if 3 indicators r going same way why would u just trust the 1 that isnt? also there r other factors like where are fib pivot levels and where r 100 and 200 ema in conjunction with those fib levels support and resistence are still factors in trading they help develope the risk to reward zones
a bad signal, isnt it?
Thanks Kale, I installed it. Gives a fast understanding of the situation.
I don't know if i understood you correctly. Why would i trust the one that is not going along?
If it's always the same one i would trust it if it turns out to be a good filter, if the result with that indicator is better than without.
I think an indicator that will cross every time EMA50 gets crossed would not help much, there would be no need to use it at all.
So i would prefer one that seems to filter out some bad trades.
eric heres something i noticed the 1530 gmt candle closed below 50 and step ma stoc(ninas) also closed below when i got back home just know it shows that step ma stoc(ninas stoc)never closed below does this indicator repaint past differently then in real time because i was here for that 1530 candle and had data window opened and it definetly closed below very puzzling
it seems we have a signal in eurusd a little next minuts,
I buy eurusd at 1.1924,
Yes Harold. I saw this too today.
I saw that yellow was below blue but maybe only for a couple of minutes. The line in the indicator seems to be "dynamic" or however we call it. So it moves with the price. And when price returns to where it came from the crossing is gone again.
I would not say it repaints the past because this sounds like fraud a bit. I think the last point of the line always reflects the current moment. And if within the bar there's a moment when the formula for calculating the indicator returns a value below the blue line and some minutes later it returns a value above then we get this situation.
That's how i think it works.