Indicators: Identical candles

davesarge1 2018.06.02 22:43 #1

Would be great if you could code this into an EA with the same parameters, buy/sell on signal shift 0 with SL and TP/trailing stop, buy/sell on signal shift 1 with SL/TP or close on opposite signal. We could then backtest and optimize as I think it has great potential.

ASCTrend system MegaDroid 1.3 is out Can I set a

John Fasheyiku 2018.09.03 21:20 #2

Hm, the Indicator doesn't seem to make sense to me at present. If the up arrows indicate a strong signal based on the larger proportion of candles within the given timeframes being completed in the same direction - why do the arrows for completed candles change drastically based on changes to the period.

The indicator on the left and right charts below are of the same setting, the only difference is on the left chart the period is set to 0, on the right chart it is set to 1 - yet although all but the latest candle is complete, the position of the arrows are so different.

Elite indicators :) Is this the Grail? Open and Close of

John Fasheyiku 2018.09.03 21:22 #3

John Fasheyiku:

Hm, the Indicator doesn't seem to make sense to me at present. If the up arrows indicate a strong signal based on the larger proportion of candles within the given timeframes being completed in the same direction - why do the arrows for completed candles change drastically based on changes to the period.

The indicator on the left and right charts below are of the same setting, the only difference is on the left chart the period is set to 0, on the right chart it is set to 1 - yet although all but the latest candle is complete, the position of the arrows are so different.

Re-attempting attachment. Also there are times where I'd have 5 down arrows on a chart, and all of a sudden it'd change to up arrows...

Files:

Capture.PNG 228 kb

lapak 2020.09.04 22:19 #4

any some one have mq5 version, please