Indicator is acting weird

Does anyone know why an indicator will look good once you put it on your chart, but will not keep up with price action? I have an indicator that I would like to use, but I have to continually go into the the properties of the indicator to "refresh" it to catch it up to price.

It is the bottom indicator on the attached picture.

Any help would be greatly appreciated.

Lohad

It is not processing every tick until you re-initialize it. Post the code here and my theory can be confirmed.

I have attached the Mq4 file.

Thank you for your time!

Lohad

I don't know what is going on with the code, but I put in a better default processing scheme. There are 2 parameters that control the way ticks are handled and if you set them, you will see how he manages updating. It seems to be some sort of cycle saving scheme so that the computer doesn't do useless work when it is unattended. I know that sounds weird, but so is the code and that is my best guess.

Anyway, I added a default handling scheme that processes ticks in the conventional wasteful way. If you want to override the default and use his scheme, simply set Last_Bar and/or All_Bars and my logic will be bypassed. I didn't test it extensively so you should not use this indicator on a live account until you have verified the results.

Thanks CodeMeister for your time! I really appreciate it. I will check it out.

Thanks again!

Lohad

CodeMeister,

Thanks so much, this seems to be working great!

Lohad