Elite indicators :) - page 332

traderduke
531
traderduke  

altoronto,

I concur on the repaint as I also use Renko, not sure what the fix is if any. Ran it on 3 pip bricks and saw it repaint a few times.

Ray

kmtime
12
kmtime  

wpr

mrtools:
Think i got it, only thing now it will alert letting you know if its crossing the buyline1(set it at -90) from above or below, it will do this on all 5 crosses, by default have them set at -90,-70,50,-30,and -10, if that's to much will see if i can lighten it a bit.

mrtools,

Since you made those each true and false I believe I can use it the way I want. I'll work with it and see. Thanks again.

watchdog

edit

metools,

I thought it was OK but I'm not getting any alerts now at all and while you are looking at it, there is not a need for the -50 cross as for as I'm concerned. It's the other crosses that I'm interested in (-90, -70 etc.).

watchdog

William Snyder
9496
William Snyder  
watchdog:
mrtools,

Since you made those each true and false I believe I can use it the way I want. I'll work with it and see. Thanks again.

watchdog

edit

metools,

I thought it was OK but I'm not getting any alerts now at all and while you are looking at it, there is not a need for the -50 cross as for as I'm concerned. It's the other crosses that I'm interested in (-90, -70 etc.).

watchdog

Watchdog,

They are working now, had some things in the wrong places, but getting plenty of alerts now Btw removed the fifty line alert.

Files:
kmtime
12
kmtime  
mrtools:
Watchdog, They are working now, had some things in the wrong places, but getting plenty of alerts now Btw removed the fifty line alert.

mrtools,

Don't know why it's not giving an alert box or a sound alert. I left everything like you sent it and tried it out on both M1 and M5. I got nothing.

Manu
81
Manu  

A good trend indi

Hi mladen,

I am looking for a good trend indicator. Is it possible to tell me, as for you, what would be the best one ? I trade H4 mainly and need something accurate.

I saw Henderson, but it's centered so repainting, so useless....

Thank you very much in advance.

best regards,

jigneshjhobalia
30
jigneshjhobalia  
Mladen Rakic
151208
Mladen Rakic  

I would not agree about the Henderson's moving average judgment.

To help a bit with the how and what, attaching a document that describes Hendeson's moving average (filter) in more extent, but it also describes its usage and systems in which it can be (and is) used

regards

Mladen

Tradefx1:
Hi mladen,

I am looking for a good trend indicator. Is it possible to tell me, as for you, what would be the best one ? I trade H4 mainly and need something accurate.

I saw Henderson, but it's centered so repainting, so useless....

Thank you very much in advance.

best regards,
Manu
81
Manu  

mladen,

sorry this is way to technical for me...

The thing is that yesterday I put a Henderson on my H4 graph with a D1 Timeframe and a filter size of 5. This configuration seemed to tell me nicely how short term is. This morning it was on blue so I put my EA on long only according to other indicators also (on demo account) and when I came back this afternoon the histogram(it's what i'm using) was on red from this morning. That's why I thought it repaints.I guess it's because of time series...

Maybe I'm using wrong filter size. Do you have any advice regarding this ?

Mladen Rakic
151208
Mladen Rakic  

Tradefx1

Sorry, I can not explain it simpler. Unfortunately, for some things, there are no shortcuts. I would just like to remind again what I already told : please, do not use indicators like Henderson's filter in "signaling" mode (slope change, color change, any similar criteria ...)

The only advice that comes to mind is to be patient and learn (it is an advice that can be applied to all of us, including me) - eventually it (the "how can I use this") will come

regards

Mladen

Manu
81
Manu  

Ok, thanks mladen.

Best regars,