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Any non-repaint indicators that work well trading forex

  • #41
  • Aug 24, 2014 2:09am Aug 24, 2014 2:09am
Quoting Carlsberg
my favorite {file}
Hi Carlsberg i have tried to load it but it isnt working in my mt4.
  • #42
  • Aug 24, 2014 3:39am Aug 24, 2014 3:39am
Could you please give use examples of configuration for h4 an d1 to crosscheck with mines?

thank you for your time and attention.

best regards
Quoting hayseed
{quote} //------ ...... you might be right..... just didn't want to appear presumptuous.....h //------ https://www.youtube.com/watch?v=10hbwATGlGo //----- just in case more explanation is needed...... //----- just in case still more explanation is needed.....
  • #43
  • Aug 24, 2014 7:30am Aug 24, 2014 7:30am
Quoting Davit
Hi Hayseed Since I trade 90% times on daily chart what period you use your TSR My preference looks like 20 but like to hear your feedback
//----

hey davit..... my preferences might surprise you...... 20, 240, 300, 480, 600 and 900.... the higher numbers are most effective on the 60 minute and less charts, where they approximate the 10 and 20 daily periods.......

what at first glance might appear as lag, to me represents conviction..... or lack of......h
to trade and code, keep both simple... no call to impress....h
  • #44
  • Aug 24, 2014 3:17pm Aug 24, 2014 3:17pm
Quoting hayseed
{quote} //---- hey davit..... my preferences might surprise you...... 20, 240, 300, 480, 600 and 900.... the higher numbers are most effective on the 60 minute and less charts, where they approximate the 10 and 20 daily periods....... what at first glance might appear as lag, to me represents conviction..... or lack of......h
hayseed, I'm now subscribed to this thread, and one of yours, also to youtube. Are these values the ones shown in the video showing several of the indicator - the one where only those indicators show and you are teaching. What time frame was in that video? Here's the video link to Peyton 2. I'm like davit, using the daily or higher, looking at 4hr. But if I can come to understand what you said above, could get interesting to look at the lower time frames.

Inserted Video
  • #45
  • Aug 24, 2014 3:25pm Aug 24, 2014 3:25pm
Quoting iwishtowin
{quote} Hi Carlsberg i have tried to load it but it isnt working in my mt4.
you also need the special Holliest Grail indicator for it to work
for a one off fee of £10,000 i could possibly be persuaded sell it
  • #46
  • Aug 24, 2014 6:10pm Aug 24, 2014 6:10pm
Quoting Greenstar
I'm like davit, using the daily or higher, looking at 4hr. But if I can come to understand what you said above, could get interesting to look at the lower time frames.
//----

hey greenstar..... there is no way for me to remember the timeframes or values precisely.... me and the girls made a video or 2 almost every day this summer.....

there are times when ma's can be used and times not..... to get an idea, open the euraud daily chart..... place the 20, 240, 300, 480 and 600 ma's on it..... your chart should look like mine below....

there are roughly 24 trading days a month..... so the daily 240 can be thought of as an approximation of the monthly 10, the daily 480 can be thought of as an approximation of the monthly 20..... so in that daily chart we see not only the daily falling but also the monthly......

the vertical red line shows the last change a price 1.4444 ......

now switch to the 60 minute chart..... now the 240 represents the 'daily 10' and the 480 represents the 'daily 20' ..... 10 *24 hours..... 20 * 24 hours....
//----

briefly speakin, all i had the girls doing this summer, both in the video's and real live trading, was selling several of the eur pairs when all lines were red....

again, that's briefly speaking..... there was a little more to it......h

//------
Attached Image(s) (click to enlarge)
Click to Enlarge Name: greeenstar 1.png Size: 76 KB
Click to Enlarge Name: greenstar 2.png Size: 65 KB
to trade and code, keep both simple... no call to impress....h
  • #47
  • Aug 24, 2014 6:19pm Aug 24, 2014 6:19pm
Best indicators are Stoch(5, 3, 3) + ADX(14)/DMI.

I'm pretty sure they repaint (like most indicators do), but the more important thing is that you actually understand how (and when) to use them.
Please check out my blog at https://from-zero-to-hero . net
  • #48
  • Aug 24, 2014 6:44pm Aug 24, 2014 6:44pm
Quoting smash1820
Best indicators are Stoch(5, 3, 3) + ADX(14)/DMI. I'm pretty sure they repaint (like most indicators do), but the more important thing is that you actually understand how (and when) to use them.
Once candle is closed, Stoch and ADX don't repaint.
MT4/MT5 EAs/Indicators/Alerts coder
  • #49
  • Aug 24, 2014 7:19pm Aug 24, 2014 7:19pm
Quoting FerruFx
Once candle is closed, Stoch and ADX don't repaint.
Ok. First of all, I don't use "close values" in my trading, I use the current candle, so in my case, Stoch + ADX are always repainting (though I do not think it matters).

Second, I don't really want to argue with u cuz I know u know ur stuff, but can't you say that about ALL indicators, then? re: your quote above

Looking forward to your wisdom on this matter.
Please check out my blog at https://from-zero-to-hero . net
  • #50
  • Aug 24, 2014 7:24pm Aug 24, 2014 7:24pm
Quoting hayseed
{quote} //---- hey greenstar..... there is no way for me to remember the timeframes or values precisely.... me and the girls made a video or 2 almost every day this summer..... there are times when ma's can be used and times not..... to get an idea, open the euraud daily chart..... place the 20, 240, 300, 480 and 600 ma's on it..... your chart should look like mine below.... there are roughly 24 trading days a month..... so the daily 240 can be thought of as an approximation of the monthly 10, the daily 480 can be thought of as an approximation...
ty... gives tasty food for thought and I LOVE what's going on in your home vis a vis trading.
  • #51
  • Aug 24, 2014 7:48pm Aug 24, 2014 7:48pm
Quoting smash1820
{quote} Ok. First of all, I don't use "close values" in my trading, I use the current candle, so in my case, Stoch + ADX are always repainting (though I do not think it matters). Second, I don't really want to argue with u cuz I know u know ur stuff, but can't you say that about ALL indicators, then? re: your quote above Looking forward to your wisdom on this matter.
Real time is generally not considered as repainting. Of course values are updating in real time and change each tick. That's the case for all indicators.

The term of "repainting" is used for values/signals after the current candle is closed.
MT4/MT5 EAs/Indicators/Alerts coder
  • #52
  • Aug 25, 2014 3:35am Aug 25, 2014 3:35am
Quoting iwishtowin
Hi please any non-repaint indicators which are best for trading forex.
Don't waste your time for searching indicators!!!! Learn PRICE ACTION!!!
  • #53
  • Aug 25, 2014 9:08am Aug 25, 2014 9:08am
Quoting insomniawawa
{quote} Don't waste your time for searching indicators!!!! Learn PRICE ACTION!!!
Do you mean price or candle derived pa? Candles are just another indicator. Therefore, pa could also be used false.
  • #54
  • Aug 25, 2014 9:29am Aug 25, 2014 9:29am
Everything in forex repaints.Even price repaints.Very slippery a business
  • #55
  • Aug 25, 2014 10:38am Aug 25, 2014 10:38am
actually many don't repaint
there's 100's on FXTSD that don't
recalculate on open bars yes,
repaint no

but as some have said previously, use price action as much as possible (or basic price action is good enough)
with full knowledge of your favorite markets, because its what we do with these indis in a strategy that makes the difference, not one particular indicator

my second favorite
Attached File(s)
File Type: ex4 ABSOLUTE HOLY GRAIL.ex4   3 KB | 12,422 downloads
  • #56
  • Aug 25, 2014 10:45am Aug 25, 2014 10:45am
Quoting aje6767
Everything in forex repaints.Even price repaints.Very slippery a business
Price doesn't repaint.

I think what you mean is that like all indicators, price lags.
MT4/MT5 EAs/Indicators/Alerts coder
  • #57
  • Aug 25, 2014 10:55am Aug 25, 2014 10:55am
Quoting Anusragger
{quote} Do you mean price or candle derived pa? Candles are just another indicator. Therefore, pa could also be used false.

Candles indicate only open, close, high and low price, but there's no any equation between price, period or volume, so it's not an indicator in common sense. There's nothing better than candles, because they show the clearest picture of market. I also recommend pivots, cause price often bounces at these levels. Good way to illustrate trend is to add on chart 3 or even better 4 EMAs. It's really all you need to trade

Good trading!
  • #58
  • Aug 25, 2014 10:57am Aug 25, 2014 10:57am
Quoting aje6767
Everything in forex repaints.Even price repaints.Very slippery a business

If price repaints better change your broker as soon as possible
  • #59
  • Aug 25, 2014 11:42am Aug 25, 2014 11:42am
Quoting insomniawawa
{quote} If price repaints better change your broker as soon as possible

Obviously it is just an expression to show the randomness of the market.Nobody is sure of anything.Everybody is working on probability and looking for a highly probable trade.And even the so called highly probable trade may not be profitable until you see the pips.No guaranty of anything in Forex.Please disprove me.
  • #60
  • Aug 25, 2014 1:32pm Aug 25, 2014 1:32pm
Quoting aje6767
{quote} Obviously it is just an expression to show the randomness of the market.Nobody is sure of anything.Everybody is working on probability and looking for a highly probable trade.And even the so called highly probable trade may not be profitable until you see the pips.No guaranty of anything in Forex.Please disprove me.

Of course there are no sure trades, it's only probability and expected value. Moreover it's not permanent like in probability calculus, but it changes over time.
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