Mr.mladen please help is this indicator Repaints (or) Recalculates
Here is a version with floating levels : cci_study_3_4_fl.ex4
Mr.mladen please help is this indicator Repaints (or) Recalculates. & what is price 0 stands for.......?
Can anyone recommend an indicator that can help me determine long term trends (to use as a filter) on a 1 hour/4 hour time frame. Most of the ones I've tried repaint and make all my positions whiplash when trading in demo. Thanks in advance.
you have to check and test every indicator by your own,also you needs some more time to experience different things,how they work,a lot of indicators you can use filter out your trades,do not go behind some one recommendation but better is test your self,all new steps by maldens never repaint (mtf versions work differently),among them there xo,vq and a long list,only the thumb is how you use these,best recommendations is your own skill and expertise.
Henderson's filter is designed to work on stationary data, which means that when applied to non-stationary data (as our time series price data) it will recalculate
You can find more detailed information about it here (among other sources) : http://www.seasonaladjustment.com/henderson/
As of price : price 0 is close price (the standard metatrader usage). anyway, here is a version of Henderson's filter that is made user friendly so you do not have to know the numbers that are used for prices (or any other thing in parameters) : hendersons_filter_-_multi_color__mtf_1_1.mq4
Mladen, which means:
Try step ma indicators.
Just a few links that can help :
Mr.mladen please check this indicator is this repainting or recalculating
It does not repaint, but it also is not what Ehlers fisher transform should exactly be (the values in it are calculated using wrong prices - better to use the correct Ehlers fisher transform)