Re: BEST MT4 non-repainting indicators

81
maciel7000 wrote: Thu Jul 12, 2018 8:46 am Hello Cassandra00,

The indicator that I think is the "best" has the following characteristics:

1. Be MTF (configurable);
2. Be Muti-indicators (configurable);
3. Have arrows (buy and sell on the chart).
4. Have alarms on the arrows.
5. Allow more than one indicator (itself) on the same chart.

Only I've never seen him anywhere.

Has anyone seen this indicator?

If anyone has seen you post here, please.

Thank you.
Strange, would I do a list what an indicator must have to be allowed to stay on my chart more than 10min none of your characteristics are in it.

My list would be like this:
1. Easy to understand (how and why).
2. Market-relavant.
3. Fast, but reliable (high hitrate by itself and I mean only one instance one the chart).
4. High synergy to my other indis/approaches.
5. Elegant (unsightly indis I change to good looking indis ;)

I never use the mtf-mode, arrows or alarms.


Re: BEST MT4 non-repainting indicators

83
FBI wrote: Tue Aug 07, 2018 10:46 pm M5 maybe better for some, but I prefer M1, trend and zero line, also good exit with 0 line

XAUUSDM1.png
Thanks for posting image.

In between trend change there are going to be many zero line crosses. Are your settings for indicator different?

Or you use it as anticipating reversal with other indicators?

Just that you may be using this indicator since long, I thought it is worth asking you.

Thanks.

Re: BEST MT4 non-repainting indicators

85
FBI wrote: Tue Aug 07, 2018 11:31 pm Yes, that is why I said, maybe M5 better for some. here is M5. You can see how perfect it is.

XAUUSDM5.png
Yes, I think your suggestion to use midline cross on indicator can be useful, especially it can be early anticipatory signal .

Especially reentry in direction of trend. After prices hits crucial averages.

But using its color change may not be very good idea as it can recalculate, but combining it with macd or else can be another way to use it, I think.

Do you use it like that? Or else




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