It's just a quicker way to find out if it repaints or not. As far as I have seen the color stays put after the bar closes, but can change back and forth several times during the period of a candle. When you switch timeframes, they can change color. This is because when you display eg the 1440 on the 60, it can be a red bar, but the 1440 end eg white. When you cange timeframe back and forth, then that wont show any more. Of course you have to wait for the candle to close to be sure that it stays put, and that make this look a lot better than it is when you slap eg 240 and 1440 on the 60 min and start scrolling back.
Got it- now I see what it's doing. Like you still, still a useful indicator. Thanks for the explanation!
from Ishimoku thread
Excellent Indicator for MTF -- Anyone Help?
I believe this is a great indicator for MTF. Be aware to use only V3 of this indicator. The others out there (v1) don't refresh.
Would someone be so kind as to set up an MTF version of this and post it.
Thanks and great thread.
I'm having trouble uploading the file so I'll CnP the code.
//| T3_DPO-v3.mq4 |
#property indicator_buffers 2
#property indicator_color1 Green
#property indicator_color2 DarkViolet
//---- input parameters
extern int x_prd=0;
extern int t3_period=8;
extern double b=0.7;
extern int CountBars=400;
//| Custom indicator initialization function |
//---- indicator line
//| T3_DPO-v3 |
if (CountBars>Bars) CountBars=Bars;
// if (CountBars>counted_bars) CountBars=counted_bars;
double e1,e2,e3,e4,e5,e6,c1,c2,c3,c4,n,w1,w2, b2,b3,dpo,Prise;
//---- initial zero
if (n<1) n=1;
n = 1 + 0.5*(n-1);
w1 = 2 / (n + 1);
w2 = 1 - w1;
// if(counted_bars>=t3_period) i=Bars-counted_bars-1;
e1 = w1*dpo + w2*e1;
e2 = w1*e1 + w2*e2;
e3 = w1*e2 + w2*e3;
e4 = w1*e3 + w2*e4;
e5 = w1*e4 + w2*e5;
e6 = w1*e5 + w2*e6;
t3 = c1*e6 + c2*e5 + c3*e4 + c4*e3;
Can someone produce an MTF version of the LSMAEMA indicator?
If so thanks in advance.
Could anyone make a multi timeframe version of Mega Trend (to be presented in the same format as MTF HAS)?
New multi time frame Stochastics
And many thanx to those who have put effort into making ~MTF indicators, and to those who posted requests for them. I'm sure we have all learnt alot.
I have a stochastics indicator which is not laggign as much as MT4. This has been an absolute bonus. Would some be so kind as to make it into MTF.
I'm sure many are familiar with the thread ' bringing sexy Stochastics back' on the other forum. I use that idea, but this stoshastics just makes live so so much easier.
If, I know I'm asking alot, whilst you are programming this, could you be so kind as to add an alert to the crossing of both this one and the MTF one please.
Thanking you in advance.
that's the spirit!
here you go, Spirit!
here's your sexy stochastic mtf
Sorry, have no idea how to put alert...
Hey, guys, enybody knows?
(plus, there is "Indics with allert" thread, they might know)
good luck, Spiritbreezer!
Wow, Quick Reply!
Thank you Fxbs so much for the quick reply.
I'll post it there now and then I'll post it back on this thread as soon as someone has added an alert to it.
Can anyone tell me why I am getting 3 arrows in my MTF version instead of one?