I was wondering if you or anybody recognizes this indicator
and has a more stable version. I don't have the source file but it looks like a TMA and it repaints a lot. I'm looking for some channel indicator to use on Renko.
Wave trend oscillator indicator (with the usual set of 20 price types, usual choices of color and alert changes, and multi time frame already). Seems to be useful for overbought and oversold detection
Some more examples :
Your speed of producing awesome indicators are more than the speed of me testing and putting them my system...
Thank you as always.
Much thanks for this of wave,giving good results,at the moment i tuned this with mtf for to avoid few extra signals,can it be a bit more smooth by any method :)
Thanks Mladen.Mine seems to be stuck at 27.5 pips on all pairs and doesn't move. Perhaps I've done something wrong.Here's the indicator I compiled with your code.
It works just fine for me (if the range for the current bar does not change, it will not change the display either. And it works OK for me when symbols change too). Don't forget that it is the "volatility" (range) of the current bar - there will be a change in display only when a new high or a low of the current bar is made. Attaching what I have been using