I do not scalp (I am more of a day trader - one of the reasons why I code - while waiting for a position to close ) so I really could not recommend some reliable settings for scalping
I have over 800 indicators-they just follow the graph-already confused-I concluded that the most successful are those-most good are those that show divergences-Is there such a discussion-I will be grateful if you help me...
there are times when I get 40-50 signal for 5 minutes.graph always goes before the signal
There are a few threads that dealt with divergences
Check these :
I think that the main problem is that divergence is a subjective category and largely depends on after the fact estimates that usually works OK in ranging markets - trending markets tend to pull you in a trap as far as divergence is concerned.
People are trying to avoid those trap by shifting to higher time frames but than, the lag is only growing and the potential traps are still the same
Inverse fisher transform of RSX smoothed RMI : ift_rmi_rsx_smoothed_amp_alerts_nmc.mq4
Originally it was posted here : https://www.mql5.com/en/forum/180648/page444
This is a version with alerts added on a color change
Updated version posted here : https://www.mql5.com/en/forum/180648
Inverse fisher transform of RSX smoothed RMI - version with arrows : ift_rmi_rsx_smoothed_amp_alerts__arrows_nmc.mq4
No problem at all, I am very happy that you are a day trader and not a scalper, otherwise you would have no time to code and wouldn't be making great indicators....
So I will solve this minor problem by my self and let you do your business, like you are doing.
It's fine like that ...
_212 pattern upgraded : _212_pattern_mtfalerts_nmc.mq4
Added mtf and the alerts.
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