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Re: Identify This Indicator
Posted: Wed Sep 05, 2018 2:39 am
by FBI
I have not used that, and started to think, that it is HeikenAshi with ticks, so could change color before ticks are fulfilled so to say, like Heiken Ashi can change color before candle is closed.
Anyways, I think that is not so much different than Step indicators, just missing that color part.
Here is one, what I think is good, just have to work with settings.
viewtopic.php?p=1295378468#p1295378468
Re: Identify This Indicator
Posted: Wed Sep 05, 2018 3:11 am
by Krelian99
josker wrote: Tue Sep 04, 2018 10:24 pm
...
Josker, that is a RenkoChart Overlay on PriceChart. You can also use a real RenkoChart.
FBI wrote: Wed Sep 05, 2018 2:39 am
...
This is a IsoVolumeChart Overlay mixed with HaikenAshi. Correct, a TickChart and HaikenAshi would do the same.
Re: Identify This Indicator
Posted: Wed Sep 05, 2018 5:26 am
by mntiwana
Guys
This shape/style can be created by so many indicators
try on "pointandfigurechart" and "unilinebreak" indicators for example
Re: Identify This Indicator
Posted: Wed Sep 05, 2018 5:42 am
by mntiwana
And may be "heiken ashi ma t3" too but with wicks
Re: Identify This Indicator
Posted: Wed Sep 05, 2018 6:04 am
by FBI
mntiwana wrote: Wed Sep 05, 2018 5:26 am
Guys
This shape/style can be created by so many indicators
try on "pointandfigurechart" and "unilinebreak" indicators for example
That PointAdFigure, it does not repaint? I mean after arrow, it stays same color, until new arrow comes?
And when price goes outside of the box, that is place to close or and open new trade?
I mean, that just looks too good.
Re: Identify This Indicator
Posted: Wed Sep 05, 2018 6:13 am
by FBI
Can this really work like that?
Re: Identify This Indicator
Posted: Wed Sep 05, 2018 6:17 am
by mntiwana
FBI wrote: Wed Sep 05, 2018 6:04 am
That PointAdFigure, it does not repaint? I mean after arrow, it stays same color, until new arrow comes?
And when price goes outside of the box, that is place to close or and open new trade?
I mean, that just looks too good.
FBI wrote: Wed Sep 05, 2018 6:13 am
Can this really work like that?
EURUSDM1.png
Man
you can try/test/check on M1 chart
Re: Identify This Indicator
Posted: Wed Sep 05, 2018 6:20 am
by FBI
I have to, but I think that cannot be true, just too good to be true.
Re: Identify This Indicator
Posted: Wed Sep 05, 2018 2:10 pm
by FBI
Yeah, no. But I don`t yet say that it is useless.
Re: Identify This Indicator
Posted: Wed Sep 05, 2018 7:31 pm
by josker
Where do you guys get these indicators @mntiwana and @FBI ?
Can you post them please?
Best regards