Scam, yes ,that is correct to the Old school.
No fresh thinking,Already AI agents are there and technology is there,
Again I post the chart as of now;
Re: Is this setup valuable?
112I have added the RSX Histogram released by MRtools, you can find many RSI signals complement each other.
Just differ due to swing bars.
And that says it all.
DIgest or Ignore.
Just differ due to swing bars.
And that says it all.
DIgest or Ignore.
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Re: Is this setup valuable?
114Im saying logically it doesn't make sense even the best high low indicators take 3 final bars before making a rational decisionupdowncrude wrote: Fri Jul 04, 2025 11:41 am Scam, yes ,that is correct to the Old school.
No fresh thinking,Already AI agents are there and technology is there,
Again I post the chart as of now;
If it works for you
High Low v2 description
One of the “Holy Grails” of indicators is to find one that can mark Swing High and Swing Low bars without “repainting”. Repainting is where an indicator will mark a bar with a graphical symbol and then some bars later move (repaint) or remove the symbol. The internet is full of spectacular pictures of indicators marking Swing Highs and Lows perfectly. Not until one actually runs an indicator do they become aware of the repainting that often takes place.
Since no Swing point indicator can possibly know whether a Swing High or Low is going to be surpassed in the future, this is always unavoidable if you are marking the just-closed price bar as a swing high or low bar. The same problem affects the Zig Zag indicator and other indicators of that ilk.
To better handle this, the HighLow indicator requires that the three bars immediately following a bar must be lower than that bar in the case of a Swing High bar and Higher than that bar in the case of a Swing Low bar. Of course, while the HighLow indicator will not repaint, the trade-off is that the HighLow indicator will not mark bars until three bars after a Swing bar. So there is some lag that must be tolerated. Also, same direction swing points can appear as early as 4 bars later. However as prices typically retrace, the indicator can still be useful to the patient trader and signals given may be better confirmed by other indicators or price action at a later time.
The BarsPreceding input is the most critical input. The larger this number the more significant are the Swing points that get identified.
Unless you’re freaky like Gann’s square of 9 or Ascend fractal chart
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