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- freddie123 replied Aug 30, 2019
Oh, you were directing me to a thread on the topic Thanks for the link
- freddie123 replied Aug 30, 2019
Hi, Been looking into channel indicators for TOS, I have found these so far: http://www.billlions.com/product/ext...r-thinkorswim/ http://www.patternsmart.com/cart/ind...product_id=256 https://indexswingtrader.blogspot.co...scillator.html Any other ...
- freddie123 replied Aug 30, 2019
Thanks, I understand they all repaint, but I find them a useful tool for seeing trend, as they will fit the HH and LL's. I find them visually more clear than using an MA
- freddie123 replied Apr 18, 2019
Hi Mattew, Have attached, what is your strategy BTW? I like what you say about the repainting, how if a single arrow happens, it must repaint. But multiple ones means it does not. Is there a way of back testing MT4 with an indicator, then noting the ...
- freddie123 replied Apr 17, 2019
But then you do wonder all the time, the massive institutions have already coded what I have said (that might be wrong), and trading this sort of stuff automatically. With algo trading dominating the markets more and more.
- freddie123 replied Apr 17, 2019
Thanks Mathew, Gosh yes, you can get suck into cycle of trying to find the perfect indicator. I think the best way of doing such a thing is to build an EA, then tweet the settings. Then run a backtest over many years. Otherwise you have to wait for ...
- freddie123 replied Apr 17, 2019
Also when there are lots of closes outside the BB, and the price is drifting heavy downwards. There will lots of arrows, and make it seem these indicators are repainting. Where in fact there are multiple closes outside, especially if the price is ...
- freddie123 replied Apr 17, 2019
Ah Ok, will look into the settings, am not getting the reversal dots like you are.
- freddie123 replied Apr 17, 2019
Hi, Added it to my charts, looks good. Then the arrow outside this level shows a high chance reversal, but I guess are all just indicators. The alerts give a clue of a reversal, but like to have confluence with price action and MA's. Then when a ...
- freddie123 replied Apr 17, 2019
Thanks Mathew, Does it provide an arrow or similar, so can be visual alert when flicking charts. Thanks
- freddie123 replied Apr 16, 2019
Yes, but want an alert to happen on MT4 when it happens. So will get the alert, and then check if the close has happened on a level of confluence / above a MA ect....
- freddie123 replied Apr 14, 2019
Can you recommend any similar indicators that do not repaint?
- freddie123 replied Apr 13, 2019
Hi Mathew, Is is a combination of these: url url But the arrows on the CAP incinerators have chnaged to black so cannot see And the blue and red arrows are from the BB indercator. Then just a 200 SMA Fred
- freddie123 replied Apr 13, 2019
Hi, This was on the 5m.
- freddie123 replied Apr 10, 2019
Thanks for the replies, what other confluence could I use when gauging potential reversal? Rather then just following the reversal blindly. At the moment I will look at naked W,D,4h and 1h charts and the price action combined with MA's. To see if ...
- freddie123 replied Apr 6, 2019
For example here, A blue arrow (so outside the BB) and above the 200 (pink), and also on level of price action retest. Would this be a good trade? Or should I be looking at further / different confluence criteria?
- freddie123 replied Apr 6, 2019
In terms of this style of trading. Please could anybody give some advise on how to trade it best? The indicators I use tend to re paint, so is foolish to follow blindly, need some more structured rules to add to the confluence of a trade. I check ...
- freddie123 replied Apr 6, 2019
How do you trade it? Whenever price closes outside? And then look for other confluence like price action / other indicators?
- freddie123 replied Apr 6, 2019
Ho OAP dave, Nice setup, what indicators are those? Thanks
- freddie123 replied Apr 6, 2019
Here is mine: It is the CAP channel and then the arrows are another indicator showing when price closes outside a bollinger band. Anybody got any tips on this sort of mean to reversion trading system? As both indicators re paint quite a bit. Also ...