mrtools wrote: Sat Oct 29, 2022 2:02 am Found this version on another forum, haven't test it though.

mr.tools
i marked the location .. for the text are bit confused.. see snap please!

sal wrote: Sat Oct 29, 2022 2:12 am mr.tools
i marked the location .. for the text are bit confused.. see snap please!

Like I said i found that version done by someone else, so have no idea.

sal wrote: Sat Oct 29, 2022 2:12 am mr.tools
i marked the location .. for the text are bit confused.. see snap please!

the problem is: it is not hierarchical but always refers to the last one.
So if the last high was lower logically a higher one will be called HH (Structurally it may be a LH if you refer to higher TF etc.)
This is why Xard's semafores give you a better picture: they are structured - at least somewhat - hierarchically.
Having said that: it doesn't work all that badly and can give you a very good idea of directional bias:
(during a range it will give you false signals because - as we all know - a range is no trend etc)
If you use two instances (one for higher TF, one for current) it will show you whether you should be going short or long:
(but, of course, it will still be a repainter)

josi wrote: Sat Oct 29, 2022 5:34 pm the problem is: it is not hierarchical but always refers to the last one.
So if the last high was lower logically a higher one will be called HH (Structurally it may be a LH if you refer to higher TF etc.)
This is why Xard's semafores give you a better picture: they are structured - at least somewhat - hierarchically.
Having said that: it doesn't work all that badly and can give you a very good idea of directional bias:
(during a range it will give you false signals because - as we all know - a range is no trend etc)
If you use two instances (one for higher TF, one for current) it will show you whether you should be going short or long:

thanks bro...
clean explanation.
i will try with my new strategy with G CHANNEL.. G CHANNEL, gives good movement last day my testing which i posted
viewtopic.php?p=1295494098#p1295494098
also i am playing with difference period channel .. which may get more accurate signals.
if you can also to suggest some idea from your experience will be great and added advantage.
forex has more points , for binary i have less signal but strong .. i dont like more signals to get. if get only 7 per day thats great..

This is a better schaff trend and the code for it is apparently in April 2010 TASC magazine if anyone has it

sal wrote: Sat Oct 29, 2022 6:30 pm

can you please share rsi indicator you have it look good

chickensword wrote: Tue Nov 01, 2022 5:10 am This is a better schaff trend and the code for it is apparently in April 2010 TASC magazine if anyone has it

Just a wild guess but think the enhancement maybe it's an inverse fisher transforms of the Schaff trend cycle.

mrtools wrote: Tue Nov 01, 2022 8:10 am Just a wild guess but think the enhancement maybe it's an inverse fisher transforms of the Schaff trend cycle.

do we have one of those already or could you make one please?

here is a similar beauty of wma of rsi the ift to it
following higher highs and lower lows maybe 50% winrate or above

chickensword wrote: Tue Nov 01, 2022 11:57 am do we have one of those already or could you make one please?

Just got back home on to my laptop, have not seen one will work on a version tomorrow morning after my first gallon of coffee.