More lag SSA bars: Smoother results Less lag SSA bars: Sharper results More number of compuations: Sharper result Less number of computations: Smoother results
Hi Brijesh,
May I ask what avg indicator you are using on post 382-388. Can you please post that one here. Also, have you tested TTM Ssa bars in the live market? I would like to know if it's repainted. Thank you.
i have posted ttm ssa bars indicator here as i have found it useful with sniper rishijay trading system.
as is the case with all ttm based indicators it is that ttm ssa bars will recalculate because of its ttm formula.
what i have observed in live markets that this indicator will not recalculate when market is trending so it helps in keeping you in trend. also when market stops trending and when this indicator gives opposite color bar that is also right in most of the time so it helps in exiting from the trend.
what i have observed is that it mostly recalculates in sideways compressed market that market is anyway non tradable. so even indicator recalculates i am not going to trade in sideways markets.
as i have mentioned ttm ssa bars are not to be used in isolation.
i personally use it simultaneously with sniper rishijay system which is totally non repainting system.
and i have found it useful for entry and exit signals with sniper rishijay trading system.
you can yourself compare it with sniper rishijay trading system simultaneously by yourself and see that it gives faster exit signal then other indicators from trending markets. and when ttm ssa bars agrees with sniper rishijay trading system that entry is also right most of the times.
regarding indicator that you have asked,
in lower window indicator--- it is overlap of forex profit boost and ytg devmanski indicator ( a form of macd indicator) that is posted on post--313 with tpl also.
in upper window indicator-- it is macd cloud created with ytg devmanski indicator that is also posted in this thread.
the cloud is created by setting - 12,26,9 in ytg devmanski indicator. it mimics exactly macd indicator but the advantage is that it is created on charts. so helps visualisation of price movements with macd on charts.
(binned for copyright infringement) sniper rishijay trading syste
