i've been following the day looking at the dashboard, trying to learn how it works, and I've got a question/doubt/suggestion, not sure what to call it
please be patient if i have trouble to explain or even worst if what i say doesn't make sense, as i never fully master the xard system, but I'm trying and i think this dash is helping me a lot
Anyway, in these 2 cases the trend keeps going but the the semaphore goes against all the other signals. As much as i can understand as soon as it hits a top of bottom and the trend goes back a bit it stops registering, and it makes sense in the context that it's just a entry signal and the trend might revert at that point.
Now this may get confusing but i will try to explain, as much as i can understand (and correct me if i'm wrong) the signals and alerts only come at the 15 minute candle close, so we may miss an entry, in this time between it's all the same colours and the trend finds a new momentary top.
edit: in an extreme it may miss the trend all together if by chance at all the 15 minute candle close it is in a small correction
Not sure how the EA works as i can't even use EA because my broker doesn't support MT4, so here is the thing:
Going back to the exit strategy Funchi was asking about a bit earlier, maybe a option, a new column, idk exactly what, that kept the indication to stay on the trade if all the signals are on the same direction, same candle colour, above open line, etc... even if momentarily the signal is no longer coherent with the rest because the price reversed a bit momentarily as it always does. This could be our "stay in the trade" indication, until one of the other signals reverse, the candle at the 15 minute close changes colour would be the fist indication i guess, to a neutral colour or a reverse colour.
This could be useful for a EA, but like i said i can't use EA's so a different indication on the dashboard to stay on the trade and then exit with an alert would be awesome.