Attachments forums

List of attachments posted on this forum.


All files on forums: 161071

Re: MT4 Indicator requests and ideas

naluvs01, Sat Nov 13, 2021 2:18 am

Hi Mr. Tools, Coders and Everyone Respectively,

I have a question regarding this great indicator by Mladen. Many MTF indicators give a signal or arrow, once the day closes. However, I noticed this indicator can give signals before the day closes, which would be an early entry. I just want to know if the signal is legitimate or should I wait for the day to end. I was thinking because it's adaptive, that once it gives a signal, it won't change.

Any help, would be great...Thanks!

P.S. As you can see, Entering when the Aqua Blue dot appearing would have been a perfect entry on AUDCAD and the Orange Dots would have been perfect sells. However, if I have to wait till the daily candle closes, then so be it. I just can't read code to determine the legitimacy of the signal when given on the 4HR Tf in MTF mode. I also tried editing the settings to mimic the daily setting on the 4HR TF, but it seems impossible to get them to line up correctly.
All files in topic