mr.toolsmrtools wrote: Sat Oct 29, 2022 2:02 am Found this version on another forum, haven't test it though.
i marked the location .. for the text are bit confused.. see snap please!
mr.toolsmrtools wrote: Sat Oct 29, 2022 2:02 am Found this version on another forum, haven't test it though.
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.sal wrote: Sat Oct 29, 2022 2:12 am mr.tools
i marked the location .. for the text are bit confused.. see snap please!
thanks bro...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:
can you please share rsi indicator you have it look good
Just a wild guess but think the enhancement maybe it's an inverse fisher transforms of the Schaff trend cycle.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
do we have one of those already or could you make one please?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.
chickensword wrote: Tue Nov 01, 2022 11:57 am do we have one of those already or could you make one please?
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