mrtools wrote: Sun Nov 24, 2019 2:17 pm
Added filter to the prices and to the rsi, also added one more rsi(Ehlers smoothed rsi) to the mix.
Hello mrtools,
first of all, I want to say that I greatly appreciate this indicator.
It offers fantastic functionality, and the combination of multi-timeframe, alerts, and divergence makes it very powerful.
I am aware that many TDI indicators tend to repaint at least the last/newest bars.
Proposed Improvement:
It would be fantastic if this indicator could somehow include an option to disable repainting.
If enabled, the indicator should stop smoothing or adjusting for the last/new bars, completely preventing repainting.
The downside might be that the smoothing or calculations would be less reactive, but users would get a clear and stable output.
Advantages of This Improvement:
Flexibility: Users could choose between smooth but repainting-prone lines or stable non-repainting lines based on their needs.
Clarity: For making trading decisions, it's often helpful to use stable indicators that don't get adjusted retrospectively.
Customizability: This option would make the indicator better suited for both long-term analysis and short-term trading.
I understand that repainting is often a side effect of the method by which a TDI indicator generates its smooth lines and signals, but I think this additional option could make it even more versatile and user-friendly.
And I don't even know if it's possible at, but maybe there is a way?
Thank you in advance for considering this!
Best regards,
Kayleb