chirvasamar wrote: Sun Apr 15, 2018 3:00 am
Starchild77
Did you test it/use it in real trading ?
History looks almost Holy Grail, but I've tested in MT4 tester and looks like drawing arrows 3-4 bars back; means useless......
Yes, I tested it live this last friday and could not see repainting but since i did not had an alert...It took sometime for me to check the chart as I was working my regular job as well
...I don't think it repaints as far as I can tell trading live.....The dot shows the Higher Time Frame you choose to the number of candles the arrow would show....5 min higher time frame seems to be idle for 1 min trading..15 Min Higher TF is good too... so after the dot appears after five candles the arrow would show, That does not change once the arrow shows...It does not repaint...however, sometimes only the dot shows no arrows..so no trade...
I would say it has 80% to 90% right direction ...success rate....sometimes when the arrow appears, the trend do go the other way...but its like out of 10 times 1 or 2 would be the other ways...so it seems to be a good indicator...out of the 10, 000 + indicator i have tested so far in over 12 years of trading
..I'm trading on local market in India...its not that volatile...so kinda safe for now
...will report back this monday for a full review