Various - page 92
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Dearest MLADEN
If these low high bands lines using some average method or if can be applied on bands,for to see how looks like.
picture attached separately,facing problem uploading proper picture,the system uploads some other picture in place :)
regards
The high-low bands are the basis for calculation. They can not be smoothed
The average is applied to median value of high low bands. If you ise period 1 (as I suspect you did in that example), then you shall have no value to be compared to median value (they are going to be the same). Period greater than 1 must be used for calculation or else it will not show anything but highest high, lowest low and the median of those
What settings did you use for that example?
Dearest MLADEN
For the moment i disabled main trend line and experimenting on bands.
regards
Dearest MLADEN
For the moment i disabled main trend line and experimenting on bands.
regards
mntiwana
Don't use average period 0
Use any average period > 1. With average period 0 it does not do anything - just a simple high/low channel with median line
mntiwana
Don't use average period 0
Use any average period > 1. With average period 0 it does not do anything - just a simple high/low channel with median line
Dearest MLADEN
Thanks for quick response,applying and increasing/decreasing that averaging period effects with only main colored trend line,not with bands,as shown in picture.
regards
Dearest MLADEN
Thanks for quick response,applying and increasing/decreasing that averaging period effects with only main colored trend line,not with bands,as shown in picture.
regards
mntiwana
Yes. Only the "trend" line. To change the bands, change the high low period
Low-high bands with a twist : it is used as a source for averaging and that way finding out a "trend". From quick visual tests it should be used on higher time frames and using short calculation
Low-high bands with a twist : it is used as a source for averaging and that way finding out a "trend". From quick visual tests it should be used on higher time frames and using short calculation periods
does it repaint on current bar?
It does not repaint
Current bar changes are treated as any other non-repainting indicators do. As for the past : no repainting whatsoever
It does not repaint
Current bar changes are treated as any other non-repainting indicators do. As for the past : no repainting whatsoever
what I was asking was if on current bar it changes values until bar close or if the signal stays from open to close of bar (like when price=open)
but by your answer I can see it can change value during current bar?
what I was asking was if on current bar it changes values until bar close or if the signal stays from open to close of bar (like when price=open)
but by your answer I can see it can change value during current bar?
If any indicator is using value other than open price for calculation then the current bar value can and will change if the change is significant enough. I am yet to see an indicator that uses any price other than open price that does not change the current bar value.
And that was never and will never be considered as repainting. Repainting is when a value of any other bar different than the current bar (and I am not talking about multi time frame mode now) is changed. All the rest is a completely normal causal indicator calculation.
I will repeat again : that indicator does not repaint
If any indicator is using value other than open price for calculation then the current bar value can and will change if the change is significant enough. I am yet to see an indicator that uses any price other than open price that does not change the current bar value.
And that was never and will never be considered as repainting. Repainting is when a value of any other bar different than the current bar (and I am not talking about multi time frame mode now) is changed. All the rest is a completely normal causal indicator calculation.
I will repeat again : that indicator does not repaint
yes, the term "repaint" was not well used by me :P
I just wanted to know if it updates during candle duration or uses price=open