Renko77 wrote: Wed Mar 12, 2025 3:29 pm
Right now no. 1 topic/thread on FS.
I would like to discuss two main indicators
#PR: do you think different PR setting for different pairs? For example Gold, indices heavy movement compare to currency pairs daily movement around 50/100pips?
#Super Arrow: kindly share your deep experience with Superarrow ? In Beatles thread he used lower setting but lot of false signals , i mean too much repaint
In your previous versions and current i observed you shift lower setting to high for less repaint and more accurate signal.
Do you think if you go more higher setting then repaint issue is totally solved? Or add or remove some indicator from super arrow?
Sorry for bad English, maybe my approach is wrong but i would like to solve the super arrow mystery and need long positive discussion.
Thanks
Okay, I will talk about the PR settings:
With the old parameters on version V9 and V10, calculating the total volume across an MTF required a large amount of resources and slowed down the system. After improving this issue to reduce memory consumption, I ensured that the calculations still followed the old method while maintaining the default volume levels. However, the data accuracy for currencies has been significantly improved.
That said, for gold and BTC, due to their constantly fluctuating volumes, the accuracy is not as high as with currencies. Therefore, I recommend choosing an asset where PR works effectively—you will make more money than if you focus on gold and BTC.
As a result, the settings are now more flexible. You can adjust LEN = 89 instead of 121, or even shorter if you want to scalp.
Issues with the Super Arrow Indicator:
It repaints on lower timeframes, and since I don’t have its source code, setting it to follow trends on higher timeframes (above H1) is a more reliable choice. However, in some cases, it doesn’t repaint because it is based on the following indicators: Moving Averages, Relative Strength Index, Bollinger Bands, and Magic Filter.
Because of this, sometimes it will repaint, and sometimes it won’t. I cannot modify it, but I can use higher timeframes to confirm the trend. If you find it difficult or uncertain, try using the ATS trend from ATS v6, which does not repaint. Personally, I like it too.
In version V12x, I used XARD’s semafor to determine trends, but instead of following XARD’s second-dot rule, use my 3-in-1 rule instead. This means that after a dot appears, the Jurik + Xu 3MA + Kingfisher’s color combination should align.
Good luck!