RplusTRplusT wrote: Wed Feb 21, 2018 7:45 pm
Hi rijay....I see you put in a lot of effort which is indeed commendable. I hardly use indicators but play a lot with them. Trading is boring after all.
Here is an interesting way of using the buzzer indicator you uploaded here.
Actually one doesn't need more than that, whether trading Forex or BO. I find subwindows very distracting.
Indicator settings:
1) Price high
2) Price close...dashed line
3) Price low
For the high and low I have set the opposite colours to None. It's a psychological thing, i.e. not to obstruct the PA direction in ones mind.
The length I use in this example is 24.
That's about it. It is also worth to note that sometimes both high and low show at the same time, meaning the price is in a squeeze or sideway movement. Stay put and wait for the breakout.
Works on any TF. Have fun.
buzzer.JPG
I think "buzzer" thing is not more than a renamed "Nonlag MA" - also buzzer wrong coded in mtf (i guess)
better you guys try experimenting on reliable code by Mladen,extended by Mrtools
"DZ NonLag ma nrp 3 mtf alerts arrows lines zigzag"
so posting a multi functional (DZ - interpolated mtf - alerts - arrows - Vlines - zigzag - nrp and much more features included)
dont forget pct filter value to (1.36) if you want equalize to buzz but you can increase/decrease this feature to best suitable your logic - and Dynamic zones can better help you in place low/high/close prices -
there are so many sw versions of it too
may be you can request to Mrtools for newest 33 prices too
in picture buzzer applied on lower window - when nonlag ma in upper window
