View Single Post
repainting
  #2 (permalink)  
Old 11-30-2007, 12:15 AM
hayseed hayseed is offline
Sophomore
 
Join Date: Nov 2006
Posts: 73
Thanks: 1
Thanked 22 Times in 18 Posts
hayseed is on a distinguished road
Default repainting

hey simon.....have you monitered those indicators closely.... anytime a decision is based on 'highesthigh' or 'lowestlow' it almost invariably will be subject to change.... therefore the buy or sell signal is far less trustworthy....

when the markets are in full swing, place those indicators on a 1 minute chart and immediately place a check when the signals appear.... odds are many signals will move.... h

LowestLow = Low[Lowest(NULL,0,MODE_LOW,RangePeriods,pos)];
HighestHigh = High[Highest(NULL,0,MODE_HIGH,RangePeriods,pos)];
if (HighestHigh-LowestLow<0.1*Point)HighestHigh=LowestLow+0.1*Poin t;
GreatestRange=HighestHigh-LowestLow;
MidPrice = (High[pos]+Low[pos])/2;
Reply With Quote

Registered members have access to special online forex currency trading tools, software, mt4 expert advisors and indicators. Register now

Main Menu

Economic Forecast