fx freedom bar updates (momentum mode added)
TH Bar v. 1.1 - show overbought/oversold levels mode added
if > 0 : Up
if > 0 and current >prev: strongUp
if > 0 up
if >0 and >ob lvl: strong up;
p.s. color rsi on picture - in rsi thread https://www.mql5.com/en/forum/178733
Like your indicator
I liked your TH MTF indicator, which I saw yesterday after you posted it. I downloaded it, but on my chart, the only band that appeared was the MACD...none of the others came up.
How do I get all of the indicator bands you have displayed up on my chart?
how?- very simply - try different inputs (settings) and see what happens (soon enough you'll figure out what each does) that's the way to learn, budy - you'll newer know until you try
p.s. though could be opposite - "why should i think, if somebody will tell me" -but that's different story
pps. i mentioned it, but just in case again: TH_Bar - it's Tim Hider's mtf Macd Bar modified, TH(Hiachiever) did it like a year ago : )))
I've attached a picture outlining a problem I've noticed when using the Stochastic oscillator. I've heard it referred to as polarisation but essentially the Stochastic enters the overbought/oversold area and then price continues to move in the opposite direction (price drops with stochastic showing oversold or vice versa).
Has anyone experienced this problem and if so do you know why it happens and how to deal with it? Any stochastic indicators that don't suffer the same problem?
it show what it suppose to show - (if simplify) how far price from highest hi and LL (or middle)
on given period (you have 30 bars)
in trend price keeps near its highs or lows; on range it hits both walls (in both directions)
"signals" - it's only human interpretations, also often oversimplified
Stochastic Signal Slope Indy
I've just put this together for my own use. Not sure if it was what you were looking for, as I'm only calculating the slope of the signal line, but here it is nonetheless.
thanks, gonna play with it
TH_MTF_Bar1.2 -adx added
"1CCI 2MACD 3OsMA";
"4MOM 5RSI 6STO 7ADX";
p.s. adx ind.https://www.mql5.com/en/forum/177357
I like it!