As they say all new is long forgotten old. I have not seen good indicators for a long time, almost all indicators are being redesigned, for example I can find more than 100 varieties of RSI on the Internet, although it is the same RSI, just arrows, lines, etc. This applies not only to the RSI but also to most basic indicators, if not all.
I want to see new calculating indicators in MT5 and MT4, I mean, has anyone seen such indicators?
I am more than sure that there are no such indicators.
And I want to tell the developers, stop stealing others' ideas and start writing your own indicators ... I would like to say to the developers: do not rework the old ones. And most traders would agree with me.
... I've been reading... I have two questions:
1. Why do you need new indicators if you don't know how to use old ones?
2. You have new ideas, but you cannot implement them because you simply do not know how to program, and you do not want to give them into the hands of an expert, because someone may not pass them off as your own ideas?
All algorithms undergo changes/modifications. This is inevitable. In this case, authorship must be maintained and supplemented.
I mean that I will find something basic in your indicator as it is based on something. I don't mean disrespectful criticism. I tried to write an indicator and I will *** on it. No, you won't. I understand that even a redesigned indicator is a big job.
But the fate of the lack of new indicators shows that we want to have an indicator that will warn about divergence, not predict it.
That's what i thought too.Surprisingly no body reply you.I'm currently looking for that, or to write that indicator.It'd be nice if you would share it....^_^
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