It's near the same with settings like this : First window is yours Second window mine EDIT : But (sorry) you have to do this : Level for up = 10 Level for down = 90 {image}
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Does the indicator alert when the levels are crossed or when the indicator changes color?
Hi all, I've been testing out these new settings. It definitely makes entries and exits easier. There will be signals that don't make a lot of pips but we simply use the trend line filter process. Let me know what you think. I hope all took those GBP trades after the rate hike yesterday. The system showed a sell for all GBP pairs. Regards. {file} {image}
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Which also means that now only one shaff indicator is left on the chart instead of two?
Thanks!
I think this is a good indicator.
I have never seen an indicator which can have one signal on left side of candle and one signal on the right side of candle.
strange repainting indicator, now buy signal is gone {image}
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Hi,
Repainting after the closed candle ? (Candle before)
I have not seen repainting on H1 after the candle closed. Open buy or sell at the open of the next one
cheers
jf
you should take daily trades when the daily candle closes, not when it's forming. Do your analysis after 5pmEST when NYclose; The indicator doesn't repaint,i haven't seen it yet on minor tf.
in your case im sorry it is not repainting. u took the trade using the working candle. as we all know no one can tell the opening candle direction until it close. i marked your image working candle as red line and opening candle as white.
Hi all, I've been testing out these new settings. It definitely makes entries and exits easier. There will be signals that don't make a lot of pips but we simply use the trend line filter process. Let me know what you think. I hope all took those GBP trades after the rate hike yesterday. The system showed a sell for all GBP pairs. Regards. {file} {image}
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Great job again! Beautiful settings with less trades that mostly give big result.
But the same rule applies to these trades also - do not enter if last low/high is too far!
Hi all, I've been testing out these new settings. It definitely makes entries and exits easier. There will be signals that don't make a lot of pips but we simply use the trend line filter process. Let me know what you think. I hope all took those GBP trades after the rate hike yesterday. The system showed a sell for all GBP pairs. Regards. {file} {image}
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Hi Rvan! Regard the other signal line...? Nothing change?
{quote} Great job again! Beautiful settings with less trades that mostly give big result. But the same rule applies to these trades also - do not enter if last low/high is too far!
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Hi indrek
Could you precise your rule "last low/high not too far" with this system ?
Regards
{quote} Hi indrek Could you precise your rule "last low/high not too far" with this system ? Regards
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It is, in fact, a rule for most systems. As market moves in waves it is best to trade from tops and bottoms of waves not against them. So, better not to take a trade if last wave low /high is too far because then the entry is too late and probably market will turn soon against the trade. Even if it is not a loss, there will be bad drawdown.
For me "too far" means the distance of 3 ATR or more.
