DislikedHi Udine
I like your FIFO indicator.
Although I am mostly a price action guy, it is nice to see a little arrow to "wake me up" to take a trade.
I typically spend most of my time on 15 minute charts (although I bounce up to the 1 hour and 4 hour to get a feel for the general direction of the market.
I have your FIFO indicator on a chart and I went down to the 5 minute chart and it looks like it gives signals just fine for the 5 minute.
Two questions,
1/ is there anything in the code that you know of that would prevent this indicator working...Ignored
very good questions!!!!!
I personally use this indy on the 5M timeframe, but use another indy for confirmation. (This I will not share here on the thread though, I feel I have shared enough already).
I can tell you it works perfectly. Just for your info, my total of the day is 17.75 %, of which 7.5 % comes from the 15M timeframe, the rest is from the 5M.
So you see your thinking is very good, but you need to find your own indy to prevent the false signals.
Green pips and again great thinking
Green pips
Udine
Sleep less, live fast, as it aint gonna last