Take a MACD 8,13,13 (default parameters) and place it allong that indicator and you will see exactly what that indicator is. If you change the Follow use the same period for signal line in MACD (that is how that indicator works)
that's refreshing to know...russ does have horns...
He simply made a different look at macd. Nothing wrong with it if he did not try to misrepresent it, but judging from his site, all options are opened
How many times did you see these type of lines - so many times that by now they do not mean anything but "run away"
is there anyone here using inside/outside bar indicator that works properly?
i have the indicator but it's not working as it should be. i mean, the problem with this indicator is the counting is done on a pip-per-pip basis (the drawing also work this way). usually the indicator begins with drawing the inside bar (because normally a new candle started out inside the previous candle) but whenever the candle grow bigger than the previous bar the inside bar does not change into outside bar. i usually need to switch TF to make the indicator show the outside bar.
here's the image of the problem (red dots are for inside bar and blue dots are for outside bar):
can somebody help fix this indicator so it can update itself properly? (source code attached).
also, if possible, please help add sound alert after the close of the inside/outside bar.
Thanks in advance for your time and effort. I really, really appreciate it
Try it out now
WOW!!! That is really fast.
It's working beautifully now. Thanks!
Is it possible to also add sound alert whenever the candle that forms inside bar or outside bar close? Please :)
Would it be possible to change the Volty Dot indicator so that the candles in the chart window reflect the colour of the Volty Dot? This would greatly simplify backtesting.
Need helps with pullbacks Mladen
Mladen I am trying to create away to be notified when price pulls back with my system Is it possible to have email alert on bar close when this zig zag indicator makes a symbol.
Does anybody have a good overbought/oversold indicator that paints arrows on the chart and combines various other indicators such as rsi, stochs, etc...
I was watching this video on youtube: Ninjacators Smart TS Index Indicator - Weekly Highlight - YouTube
and my curiousity got the better of me to find something just as good or better for mt4!