MTF cycle spike indicator | Forex Factory

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MTF cycle spike indicator

  • #1
  • First Post: Nov 15, 2020 9:16am Nov 15, 2020 9:16am
Hi, does anyone have a MTF CYCLE SPIKE INDICATOR?
Here is a picture of what it looks like.
Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: MTF CYCLE INDICATOR.png Size: 41 KB
MY GRID. Markets are NOT random.
  • #2
  • Nov 15, 2020 9:22am Nov 15, 2020 9:22am
Quoting tonyb123
Hi, does anyone have a MTF CYCLE SPIKE INDICATOR? Here is a picture of what it looks like. Thank you.{image}
In case you get it, be very cautious. It is a very well known heavy repainter.
MT4/MT5 EAs/Indicators/Alerts coder
  • #3
  • Nov 15, 2020 9:38am Nov 15, 2020 9:38am
I have this one that shows history of the repaint, just need the MTF version if possible.
Attached File(s)
File Type: mq4 Symphonie Extreme Indicator v3 600.mq4   30 KB | 2,098 downloads
MY GRID. Markets are NOT random.
  • #4
  • Nov 15, 2020 10:39am Nov 15, 2020 10:39am
Quoting FerruFx
{quote} In case you get it, be very cautious. It is a very well known heavy repainter.
Thank you, yes, I know it repaints heavily. I use the repaint to trade, it is useful to me.
What is not useful is the indicator clearing or deleting the points it painted after making a new high or new low.
MY GRID. Markets are NOT random.
  • #5
  • Nov 15, 2020 7:19pm Nov 15, 2020 7:19pm
Quoting tonyb123
{quote} I use the repaint to trade, it is useful to me.
That's the most important. If it works for you, then it is a good one.
MT4/MT5 EAs/Indicators/Alerts coder
  • #6
  • Oct 14, 2021 6:26pm Oct 14, 2021 6:26pm
Here is the thing about the Spike indicator and indicators like it. It repaints but here is the thing, you can use it as directional bias and only that. Now, if you find a great indicator that can confirm that directional bias, you could make use of that indicator. Same with the spike exits. If you can find a good exit indicator that can confirm the direction of the spike, it could save you a lot of money. Just my two cents, gents.
  • #7
  • Last Post: Nov 4, 2021 7:47pm Nov 4, 2021 7:47pm
Quoting tonyb123
I have this one that shows history of the repaint, just need the MTF version if possible.{file}
This has to be the most helpful tool I have downloaded in a long time. Thank you for this.
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