Cladi39 wrote: Thu Aug 09, 2018 3:11 am
This indicator repaint or recalculate when candle close? Thanks to anybody reply me
This is an explanation from Mladen::
Well, here is an indicator that works almost like TTM scalper.
The explanation for the "almost" : I did not "iron out" the occasional differences that happen between "my" version and TTM version. There are multiple reasons for that. Some of them :
the logic of this one is quite clear and I do not see any faults in that logic
it seems to work good this way
and the last (but not the least) I have a gut feeling that those differences are a result of a "real repainting" in the TTM for tradestation version, so this time I decided to listen to my guts
as a comparison : upper is the tradestation version lower is the one posted here
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Some explanation in order to avoid confusion and disappointments :
indicator is looking for swing points, which means it will mark them "after the fact" - 2 bars after the fact to be precise. So if you see a bar "blinking" (forming) you have to wait for the current bar to close
this indicator, apart from that couple of bars back swing point position marking does not repaint. Swing points can not be determined otherwise, so considering the job it does, I think that it has it's usability. It does not work as ZigZag indicators (even if sometimes it resembles to it) So, once when the swing position is marked, it will not be removed with some higher high or lower low - it simply does not work like that
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PS: kept the name, but I would like to point out once again that this is not a converted TTM scalper indicator. They are 99% of the time same, but that is all ... Used (converted) standard tradestation functions for swing points (which I think was about time to have on metatrader too) so we are not lagging behind tradestation in that point anymore