RobertMY wrote: Tue Jul 23, 2019 1:51 pm
UPDATE about the SSA Indicator:
I tested the indi on 1M chart and was observing wisely...
It repaints, and even heavily over many bars back.
I have a rough idea of how to make this indicator making a profit from 100$ to 15K$ in 90 days, with 100$ risk in total. This is with proper MM absolutely doable.
In the next step, I´ll go to test the "non-repainting" version of it. We will see how this performs. There is somewhere a version with "endpoint" feature. Let's see...
Before you risc much on this indicator, some words from many years of trading:
Nearly ALWAYS, when you read in options or in name ssa, tma, goertzel, snake, super-signal (arrowindi) it repaints. Also lag, eInt or too many good reversal signals before new highs are signs
or in the words of the inventor malden years ago:
"Since I am saying that repainting is a coding error and recalculating is something else, yes, you are right. But I regretted a thousand times for making centered TMA, Goertzel browser, SSA and some similar stuff - in the end I ended explaining that it is how it is supposed to work but that it is not supposed to be used for signals. Oh well, ces't la vie [smile]"
But that SSA seems not to repaint, if you put lag to 0 (means 0 bars repaint maybe), but smoothness is gone, but still useful.
Check for repainting:
Mark points on M1 with vertical lines and restart mt4 an hour later as ssa caluclates the number of bars seen on chart, so that normal procedure of adding indicator later again without changing timeframe or restarting will not show the repainting (similar on older repainting stepMa), and also more important watch and mark on backtester.
Most indis of mladen and mrtools don't repaint. I added a ssa with the proposed endpoint non repainting (npr) feature.
The red nrtr seems to be a good indicator. What do you use daily?
Why is pitchfork your preferred trading approach? Which template do you use on M1-M15?