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  • #7,001
  • Jul 3, 2015 7:18am Jul 3, 2015 7:18am
HonestKnave

When I drew the horizontal line it bisected the bottom line of the channel - as you can see it has now moved.

There is a so called TMA True indi which I think doesn't repaint but then it it is not a real Triangular MA, it is just a 56 LWMA with 2 bands of ATR around it.
Attached Image (click to enlarge)
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  • #7,002
  • Edited 8:31am Jul 3, 2015 7:26am | Edited 8:31am
Quoting handy148
HonestKnave When I drew the horizontal line it bisected the bottom line of the channel - as you can see it has now moved. There is a so called TMA True indi which I think doesn't repaint but then it it is not a real Triangular MA, it is just a 56 LWMA with 2 bands of ATR around it. {image}
Hello handy148,
Well, that is strange. I'll do a screen record, but the only way that code can repaint is if something interferes with prev_calculated.
Things that can interfere with prev_calculated include adding more history, changing timeframes, restarting the terminal, viewing the indicator properties or compiling something through the linked version of MetaEditor.
Did you by any chance do any of those things?
  • #7,003
  • Jul 3, 2015 7:29am Jul 3, 2015 7:29am
Quoting handy148
HonestKnave When I drew the horizontal line it bisected the bottom line of the channel - as you can see it has now moved. There is a so called TMA True indi which I think doesn't repaint but then it it is not a real Triangular MA, it is just a 56 LWMA with 2 bands of ATR around it. {image}

I think Honestknave has done some fantastic work here so thankyou so much for that but I think we have to put an end to this concern about repainting indicators.

The thing is if you look back at these charts and they show the perfect setups with one channel working within another , what its actually showing us is how price has moved, regardless of how its painted the picture..

The fact is that price has moved within these channel 70% of the time and although these signals my not have been spot on at the time (although I will say I have found many to be great) I think its enough to say it pionts you to the right place in the chart to trade from our 1 minute charts, and its only exceptional price movements that fall outside these channels so 70% of the time they are fine.. And thats a big enough edge for us to make money from.


So heres what I'm saying..

Yes this repaints and yes sometimes it might mislead you if theres exceptional price movement but I honestly believe that 70% of the time its spot on BECAUSE its actually the way price moves 70% of the time....And thats enough for us to have an edge in the market..

So heres what I'm saying...

Trade from within these cycles in the right region of these cycles ie bottom for up , top for down using our price action skills on the 1 minute chart to take your entries and when you're wrong you're lose 10 to 20 pips but when you're right you could make 200 plus pips like GBPAUD this morning..

Its just an edge thats all...just an edge..
Feel the Fear and do it anyway!!!
  • #7,004
  • Jul 3, 2015 7:29am Jul 3, 2015 7:29am
Well I certainly didn't recompile it. It's possible I may may changed time frames and I did change the period from 2 to 2.5 but that was before I did the test.
  • #7,005
  • Jul 3, 2015 7:35am Jul 3, 2015 7:35am
What I forgot to add was that I did a quick visual backtest and it almost looked too good to be true so if it really is that good then you are to be congratulated on a superb piece of work. My visual backtest waited for a candle to close outside of the line and then then take a trade at the close of the next candle to close back inside - and I was only looking for 5 pips. Not really sure what method everyone is using in this thread.
  • #7,006
  • Jul 3, 2015 7:41am Jul 3, 2015 7:41am
Quoting clivepackham
{quote} I think Honestknave has done some fantastic work here so thankyou so much for that but I think we have to put an end to this concern about repainting indicators. The thing is if you look back at these charts and they show the perfect setups with one channel working within another , what its actually showing us is how price has moved, regardless of how its painted the picture.. The fact is that price has moved within these channel 70% of the time and although these signals my not have been spot on at the time (although I will say I have found...
No problem, I was just doing it as a favour to one of your regulars. As I stated at the start:
Quoting honestknave
I just butchered the code to prevent it repainting (which is not always a good idea)
That being said, just be aware that this indicator will repaint, and at times it will repaint quite a lot. Particularly when the market starts trending.
I have no vested interest in touting one version over the other, just highlighting my findings (please remember I don't trade this system at all, I just have a vague understanding of what the indicator is actually doing).

Green pips guys and girls
  • #7,007
  • Jul 3, 2015 7:44am Jul 3, 2015 7:44am
Quoting handy148
Well I certainly didn't recompile it. It's possible I may may changed time frames and I did change the period from 2 to 2.5 but that was before I did the test.
Well, it depends on your motivation. I haven't been able to get it to repaint under normal circumstances.
If you are particularly interested in getting to the bottom of this, I can send you a revised version which will write a message in the experts log whenever it repaints That will narrow down what caused the event you saw
  • #7,008
  • Jul 3, 2015 8:49am Jul 3, 2015 8:49am
Heres an idea to resolve the repainting issue lets start posting "live" signals as we go and see which ones work out and secondly how the chart looks say an hour or so later, that way we can see whats happening and how reliable these signals are or aren't so if we all watch the charts and spot a signal in real time blast a post up and lets see whats happening??

Just to get the ball rolling her's a couple from today...

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As you can see some great ones here and it will be good to come back later and post the latest chart to see how it repainted or not???

Don't worry about posting them live, as that might effect your trading results etc but just take a picture takes about 30 seconds and post it after you've finished the trade or whenever it siuts you. Might be best to wait a couple of hours then post a now and before chart of the signal so we can see them together..
Feel the Fear and do it anyway!!!
  • #7,009
  • Jul 3, 2015 8:54am Jul 3, 2015 8:54am
Attached Image (click to enlarge)
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Feel the Fear and do it anyway!!!
  • #7,010
  • Jul 3, 2015 8:59am Jul 3, 2015 8:59am
Quoting MTPockets
This is just a wild guess .... but I'm think G/A is the best long trade today. {image} MTPockets
Hi Mr Pockets.
Attached is the coloured CCI as requested.
Enjoy
Attached File(s)
File Type: ex4 CCI_NUF_v4 mod~.ex4   6 KB | 255 downloads
  • #7,011
  • Jul 3, 2015 9:01am Jul 3, 2015 9:01am
Attached Image (click to enlarge)
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Feel the Fear and do it anyway!!!
  • #7,012
  • Jul 3, 2015 9:11am Jul 3, 2015 9:11am
[quote=clivepackham;8362103]Heres an idea to resolve the repainting issue lets start posting "live" signals as we go and see which ones work out and secondly how the chart looks say an hour or so later, that way we can see whats happening and how reliable these signals are or aren't so if we all watch the charts and spot a signal in real time blast a post up and lets see whats happening?? Just to get the ball rolling her's a couple from today....

Hi Clive.
When the 1 min moves outside of the 5 min I am at a loss. Don't really know how to read it from there....
  • #7,013
  • Jul 3, 2015 9:14am Jul 3, 2015 9:14am
Bit of a risky one as 5 min sloping down but confluence with 5 & 15 min lower band, daily low and BRN 0.9400 so thought give it a go and risk 8 pips to find out???

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Not a AAA+ entry as 5 min sloping wrong way but worth a shot I feel...
Feel the Fear and do it anyway!!!
  • #7,014
  • Jul 3, 2015 9:21am Jul 3, 2015 9:21am
Hello, Can anyone please amend this indicator. I want the indicator to plot vertical lines and not arrows.

Thanks in advance!
Attached Image (click to enlarge)
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Attached File(s)
File Type: mq4 CCi Signal.mq4   7 KB | 348 downloads
  • #7,015
  • Jul 3, 2015 9:25am Jul 3, 2015 9:25am
Quoting Pipglutton
Quoting clivepackham
Heres an idea to resolve the repainting issue lets start posting "live" signals as we go and see which ones work out and secondly how the chart looks say an hour or so later, that way we can see whats happening and how reliable these signals are or aren't so if we all watch the charts and spot a signal in real time blast a post up and lets see whats happening?? Just to get the ball rolling her's a couple from today.... Hi Clive. When the 1 min moves outside of the 5 min I am at a loss. Don't really know how to read it
...
All I would say is that will happen on a strong trender so leave it alone and certainly don't entertain buying/selling touch trades off of lower/higher bands, either resort to strong trender entreies using CCI or wait for it to touch opposite channel or even better go and find a chart where you do know whats going on...

You have to be 100% confident behind your entries if you're not forget it...Even when you're 100% confident you only have a 50% chance of being right as price can go up ot down from any piont in the chart we just trade patterns that have worked before, but we still don't know...

Any doubt stay out!!!!

That is a good trading decision on its own...
Feel the Fear and do it anyway!!!
  • #7,016
  • Jul 3, 2015 9:26am Jul 3, 2015 9:26am
Its trying for me...
Attached Image (click to enlarge)
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Feel the Fear and do it anyway!!!
  • #7,017
  • Jul 3, 2015 9:29am Jul 3, 2015 9:29am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPNZDM1 whizzing up and down its 5 min channel.png Size: 71 KB
Feel the Fear and do it anyway!!!
  • #7,018
  • Jul 3, 2015 9:50am Jul 3, 2015 9:50am
Still going ok and nice push from an actual touch of 15 min TMA and the BRN of course...

Attached Image (click to enlarge)
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Its trying but to be honest I'm convinced we should stay with 5 min touches that are sloping our way not like this one the opposite way, as fighting its way up against the 5 min trend...
Feel the Fear and do it anyway!!!
  • #7,019
  • Jul 3, 2015 9:50am Jul 3, 2015 9:50am
Let's see what comes of this one......
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  • #7,020
  • Jul 3, 2015 9:52am Jul 3, 2015 9:52am
Jumped in too quick and paid the price!!
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