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Re: MT4 Indicator requests and ideas

thiru, Thu Nov 08, 2018 11:24 pm

mosiskv wrote: Thu Nov 08, 2018 7:11 pm Hi mladen
Perhaps you can check the display?(Also posted at FF)
Thanks
mosiskv , thanks for getting the attention to the indicator.

This is a fantabulous indicator, the functions are something that I hoped for a very long time... in FF mladen summarized it very nicely at post 85


"
Data comes from FF

With alerts and on chart displays, in the form it is now, it can help you if you are trading (or not trading) the news (any impact of news), but that should have been obvious I guess. There are no hidden way of using any news indicator (unless one wants to tie it to experts but that is a completely different thing and usage from what this indicator does)

As of live data : FF data source that is normally available for normal minimal hustle API access does not contain live results (this data : ...) All the other would mean doing parsing and parsing and parsing of some data that mostly has nothing in common with the news in order to find current live results which would, on the other hand, slow down what the indicator was intended for in the first place : alerts and to know what is ahead of us - not what is behind of us, and that would slow down the terminal in the time when it is critical : in the time of news - which would be quite the opposite of the intended

PS: you might have noticed that I did not mention anything about comparing actual and forecasted data of the news. Frankly, for quite some time, I think that news are used only as a liquidity provider intended to lure small fish that hurdles on news believing that the "quality" of news has something in common with the direction of the change, which could not be further from the truth. Hence, I think that the fact alone that we know WHEN is the news is enough. The rest is not up to the results of the news, but up to something completely else (at least that is my opinion of the news and the "actual" news)

"

Its lightning fast, to the point and alerts .. what else can you ask for? thanks a lot, mladen.
News reader.ex4

ps. for the newest version always refer to the post in FF since this is maintained there.
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