Compiling 'T3MA-ALARM.mq4'...
tried again but still compiling...
tried again but still compiling...
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Dislikedhello
I am totally new when it comes to mq4 things. i downloaded the file and compiled it(i think i did, but not sure because the description in the tool box says 'compiling' 4 ever, about 30m passed and still compiling) anyway i attached it on the chart and i see no arrows all i see is one yellow MA and 6 black MAs.
Please Help Me.Ignored
DislikedOk understood. When a new bar is beginning if an up arrow forms under bar#1 and the new bar just starting continues up the up arrow will stay put. But if the new bar continues up for a while then turns down the up arrow will disappear and may return if the new bar goes up again.
So the state of the arrow depends on the state of the new bar. If a trend indicator shows weakening (change in slope) , the arrows give an early warning of things to come in a digital way as opposed to an analogue way as with an MA.
It is my intention to incorporate an MA trend filter with threshold. That is if the slope of the trend becomes too shallow, don't trade, and no arrows will show. Sort of a grey zone.
So regarding repainting, the arrows on a chart are never repainted except the last arrow being formed which is influenced by the vagaries of price movements. So that's how it works!
Cheers,
Pip2Ignored
DislikedSo to verify (as Rick did),
If bar 0 is the rightmost bar, bar 1 is to the left of bar 0, and bar 2 is to the left of bar 1, then an arrow under bar 2 is never repainted, correct? However, as you said above, an arrow at bar 1 can change depending on what's going on with bar 0. Correct? So, if it's Wednesday and there's an arrow under Tuesday, that arrow can change, but if it's under Monday then it cannot. Right?Ignored
DislikedEarly days yet, but have the indicators running on 8 pairs for the last 8 hrs..... 1 hr and 4 hr. No signals or beginning of signals on 4 hr. On 1 hr charts - USDCAD and USDCHF both placed arrows 3 bars previous to the current bar being formed when none existed before. For sure back testing will be a waste of time. However, I think perseverence is perhaps worthwhile with this indicator and will be useful once we know how it behaves.
MungoIgnored
QuoteDislikedOK guys, each time the indicator is refreshed either by changing TF's or by a new tick on a chart, or by clicking "edit" from the Indicators menu, a completely new set of arrows will be calculated this is NOT repainting. Why? On refresh if the data presented are different you will (must) get new arrow positions because the data have changed.
The most important arrow is the last arrow which is based on bar 0: bar 0 is normally in a state of flux. Up and down. The last arrow might disappear and return depending on the state of bar0; the first bar.
It is best to wait until bar 0 becomes bar1, i.e. at the close of bar 0 and the open of a new bar0, to place a trade if the trend is favourable.
DislikedIgnored