@Shabs19
"It also deletes objects drawn by other indicators. "
yes I agree. A weakness where some coders discovers something and just coded an indicator giving them exact information of that situation useful to him/her, without any care to previous or other's analysis on the chart. Perhaps the famous function DeletesAllObjects() short cut again. Without source we can not change this weakness.
It has been told this trader used this as of one of his main tools, where at the right moment he confidently shot like 20 lots a time collecting to his trading success.
If we change the percent parameter, then I would prefer 25 to your 50, because I can save the use of fibo retracement tool. But why the default 10 perc....it must be derived from some teachings about engulfing candle.
Interesting is also the time of start and end .... of what? In 2000 to 2015 they traded not in sessions like we have defined now-a-days. 100% this is that old because no source to be found anywhere
The last main move of BTC ot ETH on the chart is clearly a red engulfing large candle... Recent typical move to NFP Friday for many markets
I wonder if veteran like @mntiwana, @mladen @ramzam @swingman etc would recognize or can say something, or maybe could recomment a compatible replacements for this bad behavior indicator
"It also deletes objects drawn by other indicators. "
yes I agree. A weakness where some coders discovers something and just coded an indicator giving them exact information of that situation useful to him/her, without any care to previous or other's analysis on the chart. Perhaps the famous function DeletesAllObjects() short cut again. Without source we can not change this weakness.
It has been told this trader used this as of one of his main tools, where at the right moment he confidently shot like 20 lots a time collecting to his trading success.
If we change the percent parameter, then I would prefer 25 to your 50, because I can save the use of fibo retracement tool. But why the default 10 perc....it must be derived from some teachings about engulfing candle.
Interesting is also the time of start and end .... of what? In 2000 to 2015 they traded not in sessions like we have defined now-a-days. 100% this is that old because no source to be found anywhere
The last main move of BTC ot ETH on the chart is clearly a red engulfing large candle... Recent typical move to NFP Friday for many markets
I wonder if veteran like @mntiwana, @mladen @ramzam @swingman etc would recognize or can say something, or maybe could recomment a compatible replacements for this bad behavior indicator
Attached Image (click to enlarge)
