It would be nice to have a horizontal white line crossing the candle at the actual price level when the symbol appreared (See picture below).
This would help in two ways:
1- If you spot a Trend arrow or wavy that is one or two candles old, you can still enter if the current price is below or equal (For a Buy), or above or equal (For a Sell), to the signal price.
2- For later analysis to better judge how profitable or not previous trades were.
we will take a look to this for next version, thanks for your suggestion..
It would be nice to have a horizontal white line crossing the candle at the actual price level when the symbol appreared (See picture below).
This would help in two ways:
1- If you spot a Trend arrow or wavy that is one or two candles old, you can still enter if the current price is below or equal (For a Buy), or above or equal (For a Sell), to the signal price.
2- For later analysis to better judge how profitable or not previous trades were.
I second your suggestion regarding the white line!!.
I have started a demo only trading the daily signals with the EA. already very impressed.
Hello,
firstly a big thank for this amazing indicator.
It would be nice if ,in the future release ,it could read the offline charts also .
I've tried with some tick charts, but HGI takes the H1 signals.
alorente » Sat Dec 13, 2014 8:57 pm wrote:I have been asked by several of you to post the True Strength Indicator (TSI) pictured below. I like it better than RSI and MACD and have used it for years. The 25/-25 level is Overbought/Oversold and the 50/-50 is Extremely Overbought/Oversold. It is also great showing divergences to price at tops and bottoms, The gold dotted line is a 5 period LWMA applied to Previous Indicator´s Data and Shift value of 2.
Enjoy !!
Hi Al.. Thanks for posting the TSI indi. Can you pls let me know the settings you are using for this and also which time frame is most effective as per your experience..
alorente » Sat Dec 13, 2014 8:57 pm wrote:I have been asked by several of you to post the True Strength Indicator (TSI) pictured below. I like it better than RSI and MACD and have used it for years. The 25/-25 level is Overbought/Oversold and the 50/-50 is Extremely Overbought/Oversold. It is also great showing divergences to price at tops and bottoms, The gold dotted line is a 5 period LWMA applied to Previous Indicator´s Data and Shift value of 2.
Enjoy !!
Hi Al.. Thanks for posting the TSI indi. Can you pls let me know the settings you are using for this and also which time frame is most effective as per your experience..
Cheers !
Darshana
Default values and M15, H1 and H4. I also love to scalp M1 divergences that occur under -25 and over 25. Many times you can make 10 to 20 pips on these.
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