• Let's make this indicator the holy grail.

Posted: **Thu Nov 10, 2022 4:45 am**

Hi guys, this is my first thread lol. I found an interesting indicator that I believe we can make the holy grail. FB Shi indicator. It gives accurate signals although I did notice some repainting but it repaints one bar below sometimes not always. Once it gives a signal it can experience a drawdown before going in the correct direction. I don't understand the principle behind it but it works amazing on the 1hr timeframe.
Below is the indicator and some examples.

Posted: **Thu Nov 10, 2022 4:46 am**

Sepo wrote: Thu Nov 10, 2022 4:45 am Hi guys, this is my first thread lol. I found an interesting indicator that I believe we can make the holy grail. FB Shi indicator. It gives accurate signals although I did notice some repainting but it repaints one bar below sometimes not always. I don't understand the principle behind it but it works amazing on the 1hr timeframe.
Below is the indicator and some examples.

Sorry to mention this was after I tweaked the settings:)

Posted: **Thu Nov 10, 2022 4:47 am**

Gold default settings on the hourly.

Posted: **Thu Nov 10, 2022 4:50 am**

My request is if anyone can help make the alerts work and if we can possibly find the best settings for the indicator, so that we can make the repainting as minimal as possible, also the indicator does not refresh on the chart which means we have to change timeframes to get a new signal. Any feedback will be appreciated:)

Posted: **Thu Nov 10, 2022 5:03 am**

The signals look too good to be true, Look's fractal based. If used in conjunction with other indicators could be useful. I'm sure one of our local experts will give their opinion.

Posted: **Thu Nov 10, 2022 5:27 am**

Looks like a semaphore to me?, your settings are?

Edit..
Found some info... try to make the shift setting to 1.. a formed bar, in H1 is a must to start with a "formed' or completed bar...

Posted: **Thu Nov 10, 2022 5:34 am**

NewLight wrote: Thu Nov 10, 2022 5:27 am Looks like a semaphore to me?, your settings are?

Posted: **Thu Nov 10, 2022 5:45 am**

See above..

Posted: **Thu Nov 10, 2022 6:28 am**

Sepo wrote: Thu Nov 10, 2022 4:47 am Gold default settings on the hourly.

The green circle has clearly repainted from where it was before, will try and observe it further to determine whether its worth it to continue using it on the default settings. I took a buy just to see where the trade goes lol.

Posted: **Thu Nov 10, 2022 6:52 am**

cant swim with sharks in the water
give time to my mind to make my decisions proper

flop on the belly phd flopper
heart stopper, attack chopper, better offer, loud cougher

Let's make this indicator the holy grail.

Let's make this indicator the holy grail.

Re: Let's make this indicator the holy grail.

Re: Let's make this indicator the holy grail.

Re: Let's make this indicator the holy grail.

Re: Let's make this indicator the holy grail.

Re: Let's make this indicator the holy grail.

Re: Let's make this indicator the holy grail.

Re: Let's make this indicator the holy grail.

Re: Let's make this indicator the holy grail.

Re: Let's make this indicator the holy grail.