Tease Me more @cpfleger

Everything is here if you read before ask.
I just put 2 more indicator that I am testing in my template, you can get other indicator within the paper clip.
xinitial.

To be honest, I am very interested in the appearance of the Ronin indicator because it's easier to read,

and I try to adapt my indicators to that kind of display

If anyone is curious about the data source used by Ronin, you can look at this mq4 file,

he uses HH LL LH HL data

With this file you can also create custom indicators according to your wishes

with this file you can also combine several indicators into 1

and if you can process it,

it will look like the Ronin indicator but not only HH LL LH HL data, RSI Stochastic, MA etc. can be included in it.

All indicators that use HH LL LH and HL data are automatically repainted

You can maximize the use of the Ronin indicator by studying other similar indicators (Zigzag, HH LL LH HL)

as a comparison and adding to your skills.





Cross Lime/Magenta = anotest indicator
Histogram used several indicator data

Cpfleger, don't be fooled, ZWinner..... it's also the same as zigzagm, it will change following the new HH, LL HL and LH

from my experience, Strategy uses indicators that use HH LL LH HL data,

preferably combined with OverSold/OverBough (OBOS), CCI and supporting indicators (I use QQE)

Look at the Ronin indicator which is in the LL position, stochastic is over sold, CCI has almost passed the -100 level, QQE is still selling

see this pict



You can open buy in image below this
1. Ronin indicator has formed LL
2. QQE has crossed to form a buy
3. CCI has left the -100 level
4. The previous stochastic was oversold and moved away upwards



then .....



Darwati Stoch 10-90CCI indicator is made for that,

dot = Stoch OBOS, Arrow= CCI Level -100/100

You can use another OBOS indicator, but I haven't found a replacement for the CCI level -100/100

Darwati,
Sorry my man, but I prefer simplicity and less is best for my trading style.
Too many Indicators distract a typical retail trader.
Which is the master Indicator ????
cpfleger

To be honest, nothing is simple in forex trading

the many indicators that appear are just to explain things clearly

And I'm just trying to outline another way to use the Ronin indicator

for myself.... of course it has been summarized in a combination of indicators

The Master Indicator is the SR Indicator and its Vertical Lines....
How many Indicators does a typical retail Trader need ??????????
3 or less as they all do one thing - Indicate as the data arrives (delayed data at that), nothing more or less.
cpfleger

testcoffee,
Add the vertical lines off the Darvas Indicator and it may help you...
cpfleger

The Indicator Repaints!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! So What...................................................

This will be my final and last post regarding repainting indicators. It is becoming extremely tedious.

1) The methods described in this thread are manual.
2) Repainting in a manual method is not an issue as the best indicator available is your brain!
3) Repainting is an issue for generating expert advisors

The repainting is not an issue if you take into account the bigger picture and utilise your eyes and brain. Previously examples have been posted.

Below is a picture of EURUSD M5 with SR Direction (length 72). What is it showing you?????????????
1) Around 21:00 on 1Nov a LL has formed.
2) Price has been able to rise higher than the last down trend SR.
3) Therefore we are in an up trend for now.
4) Any pullbacks in trend will potentially be short lived (i.e. repaint)
5) Trade pullbacks with care and small stop losses.
6) Repainting of the indicator can mean continuation of the uptrend.
7) At the time of posting this EURUSD still in up trend and indicator repainting.
8) Observe areas of low range and wait.

Conclusion: Use your eyes and brain, look at the bigger picture, read the story of price and I'm turning into Sir C (not a bad thing!).

Please I need the channel indicator.

Ronin,
Due to my ignorance today, the screenprints are too small to view and I am very unclear on what you are trying to say.
All Indicators repaint or lag, factoid.
Please separate screenprints for people can see / view your comments.
cpfleger

We should ignore ignorance !

EURUSD M5 Now:

Repaintlng is like driving a car. Have to pay attention to the details (dials, switches, pedals etc) and read the road now and what might be ahead.

Oops sorry. I have deleted the picture. The picture shows the repaint of the down trend sr indicator over the course of day so far (european time). To understand why this was expected, look at the bigger picture.

Like previous posts. If the chart is zoomed out the SR Direction lines themself and price show a picture of what is happening on a larger scale. This must inform how to trade price now. As stated if we are in an uptrend. SR Direction lines to the downside are potentially short lived and can be become part of the up trend. Trade with caution.

Thinking laterally, maybe the repaint can be utilised. hint hint.

Please read, in the paper clip !

I did and still reading everything but I have not come across the indicator.

Ronin,
I still have to plead ignorance about SR Indicator repainting.

In my opinion the SR Lines (Colored Lines) do not repaint, they stay fixed and xinitial and I tested it last week on the 1-hour TF with no repainting evidence.

The Vertical Lines which were absent in your screenprint move up and down as the Market reflects the latest buyer's and seller's decisions as we all know this is an Auction House (Market). Now, I do not declare this repainting as it reflects the Market status. If people say this is repainting, then the vertical line should re-calculate / repaint the line within the TF which I have not seen happen yet but do show me real-time evidence.

When the vertical lines change color, this is telling me that direction of the Market is changing too and I as a Trader must take this latest data / information into my trading methodology and be ready to make a decision, all Indicator(s) only indicate the latest dataset (lagging in microseconds).

I await any comments of clarity due to my ignorance.
cpfleger