Hi,

Has anyone seen a similar indicator to this?

https://www.mql5.com/en/market/product/ ... royal+wave

I'm basically looking for a histogram indicator to help with determining trend exhaustion...

Thanks for any ideas!

Mark

Hi,

Looks interesting. Do you have any details on how to best interpret the results?

Thanks,

Mark

Darks wrote: Tue Dec 29, 2020 10:46 pm

Try this and also you could set max bars in history to 5000 to speed up the terminal.

Hi MrTools, Happy Holidays. I just tested your update its almost there. It fixed the two issues I noticed so I went and checked the last 6 months. I found two other issues, not sure if they were there previously or not. Testing on the H1 TF with default parameters for the indicator except that I cha...

As well, I just did another test with "step one more average 2.3 mtf" and it worked fine in both H4 and H1 timeframes, always matched. stepOne.png Yeah 10 is the trend buffer, only thing I can think of is if you are testing using a 4 hour step pdf on a 1 hour chart don't know for sure but ...

OK, interesting. I switched to the 4 hour chart to test with to see if that made a difference, but it didn't, same (similar) results: pdfma4.png Thanks, Mark Edit: PS - please let me know if there are other scenarios I should test or anything else I can do! Yeah 10 is the trend buffer, only thing I ...

Hi MrTools, Happy Holidays! I did some other testing over the holidays and created a MTF test case, please find attached. I'm simply drawing an arrow when step pdfma is going up or down. I found a few cases where the arrow is pointing the opposite direction of the indicator value, like so: pdfma1.pn...

Oh my goodness, that does help. I used the Buffers explorer and found that buffer 8 is either +/- 1 if red or green and now everything is working as expected! Wow! Here is the call that worked: //for Buy/green color of indicator return iCustom(NULL,0,momName, tf,momentumPeriodFast,PRICE_CLOSE, lvl_f...

Hi MrTools, Thanks for all the work you do! Its amazing! I was about to create a post about the previous version of this indicator and issues I noticed when testing via the 15 min TF. I then tested again using this new version but there seems to be the same issue with both. I created a test case so ...

Hi MrTools,

OK, thanks for looking into it. Were you able to reproduce the issue that I found (which I did the screenshot of) or did it work for you?

mrtools wrote: Tue Dec 15, 2020 6:51 am

Couldn't find any repainting.

Hi MrTools,

Any luck on this? If you send me the source I can try and look into it if that would help...

Thanks,

Mark

mrtools wrote: Thu Dec 03, 2020 11:02 am

Looking in the code far as I can tell it shouldn't repaint, but will test it some more and get back with you.