Hi guys, this is my first thread lol. I found an interesting indicator that I believe we can make the holy grail. FB Shi indicator. It gives accurate signals although I did notice some repainting but it repaints one bar below sometimes not always. Once it gives a signal it can experience a drawdown before going in the correct direction. I don't understand the principle behind it but it works amazing on the 1hr timeframe.
Below is the indicator and some examples.
Re: Let's make this indicator the holy grail.
2Sorry to mention this was after I tweaked the settings:)Sepo wrote: Thu Nov 10, 2022 4:45 am Hi guys, this is my first thread lol. I found an interesting indicator that I believe we can make the holy grail. FB Shi indicator. It gives accurate signals although I did notice some repainting but it repaints one bar below sometimes not always. I don't understand the principle behind it but it works amazing on the 1hr timeframe.
Below is the indicator and some examples.
Trust the process:)
Re: Let's make this indicator the holy grail.
3Gold default settings on the hourly.
Attachments
Trust the process:)
Re: Let's make this indicator the holy grail.
4My request is if anyone can help make the alerts work and if we can possibly find the best settings for the indicator, so that we can make the repainting as minimal as possible, also the indicator does not refresh on the chart which means we have to change timeframes to get a new signal. Any feedback will be appreciated:)
Trust the process:)
Re: Let's make this indicator the holy grail.
5The signals look too good to be true, Look's fractal based. If used in conjunction with other indicators could be useful. I'm sure one of our local experts will give their opinion.
Re: Let's make this indicator the holy grail.
6Looks like a semaphore to me?, your settings are?
Edit..
Found some info... try to make the shift setting to 1.. a formed bar, in H1 is a must to start with a "formed' or completed bar...
Edit..
Found some info... try to make the shift setting to 1.. a formed bar, in H1 is a must to start with a "formed' or completed bar...
Re: Let's make this indicator the holy grail.
9The green circle has clearly repainted from where it was before, will try and observe it further to determine whether its worth it to continue using it on the default settings. I took a buy just to see where the trade goes lol.
Attachments
Trust the process:)
Re: Let's make this indicator the holy grail.
10cant swim with sharks in the water
give time to my mind to make my decisions proper
flop on the belly phd flopper
heart stopper, attack chopper, better offer, loud cougher
give time to my mind to make my decisions proper
flop on the belly phd flopper
heart stopper, attack chopper, better offer, loud cougher
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- Jedidiah
0 + 0 = 0
Infinite / Infinite = 1
1 way to Heaven & it matters
Infinite / Infinite = 1
1 way to Heaven & it matters
