That indicator is calculating at least 13 indicator values and that is calculated for all time frames equal or higher than the current time frame - if you are using it on 1 minute chart then it will calculate 9 * 13 indicators values = 117 times for each bar.
That is why I told that it is a good candidate for limiting the number of calculated bars. Here is a version that has that option too - default is set to 500 bars : trend_analysis_-_historical_1.mq4
I recommend that everybody uses this version since there is no other way to make the indicator lighter on your CPU other than limiting the number of bars calculated
Mladen, what you doing here, i am sure that not for money or a Word for thank you... Anyway, thank you very much. But you passed my other sentence I am repeating again;XO mtf is the best indicator for me. (I used around 1000 ind or more). Thank you for it again.
Mladen; for this trend indicator, is it possible mtf?
It is already a multi time frame (but not in the usual way)
It combines results from 13 indicators for up to 9 time frames (when you are using it on a 1 minute chart) in an overall trend result
Mladen I wonder that and if is it possible for XO MTF(Not 4TF): Putting colourful line(I will do it red or green) whenever signal comes and we will NOT LOOSE it, allready circle ball signal is changing according to calculation. My aim is checking current time and history how many true signal i got. You know XO is the my number one indicator. Thank you very much
It can be done in run-time, but it can not be done for past data. So when you change time frame or symbol or restart the terminal all would start from the beginning and only signals that happen from that moment on would be displayed that way on the chart
Mladen, I need an advise from you. Again thank you for 4tf XO. I request to know from you, what is the best XO indicator FOR YOU ? I guess that it is changable according to needs but maybe you can advice with your prof knowledge. Thanks
I do think that it depends on how you trade. If you are scalping then the box size should be smaller. If you are going after trends, then the box size should be greater. And also, it depends on the symbol.
So there is no general answer
haha Now i will tell you gold, you will tell me never you traded. So, i know the answer and i will not ask you about this more:) Thanks
When we talk about smoothing an indicator (in general), whats actualy the best smoother you can apply in term of smoothing and nearly no delay ?
(RSI and then RSI on NMA was quite amazing)