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Re: Various (Specialist) indicators for MT4

sal, Sat Oct 29, 2022 6:30 pm

josi wrote: Sat Oct 29, 2022 5:34 pm the problem is: it is not hierarchical but always refers to the last one.
So if the last high was lower logically a higher one will be called HH (Structurally it may be a LH if you refer to higher TF etc.)
This is why Xard's semafores give you a better picture: they are structured - at least somewhat - hierarchically.
Having said that: it doesn't work all that badly and can give you a very good idea of directional bias:
(during a range it will give you false signals because - as we all know - a range is no trend etc)
If you use two instances (one for higher TF, one for current) it will show you whether you should be going short or long:
thanks bro...
clean explanation. :hug:
i will try with my new strategy with G CHANNEL.. G CHANNEL, gives good movement last day my testing which i posted
viewtopic.php?p=1295494098#p1295494098
also i am playing with difference period channel .. which may get more accurate signals.
if you can also to suggest some idea from your experience will be great and added advantage.
forex has more points , for binary i have less signal but strong .. i dont like more signals to get. if get only 7 per day thats great..
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