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| Question about indicator shift -1 https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=4660 |
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| Author: | imamushroom [ Tue Mar 22, 2016 4:05 am ] |
| Post subject: | Question about indicator shift -1 |
Hi, I've been examining various indicators and EA's and came across an indicator with a shift of -1. I'm familiar with shifts from 0..x in the positive sense but not negative. What does this mean? Looking at the documentation is doesn't give any clues and I quote: "shift [in] Index of the value taken from the indicator buffer (shift relative to the current bar the given amount of periods ago)." Is it a projection of the future price (Linear Regression?)? How accurate is it? How do you use it? Thanks in advance for your help. |
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| Author: | renexxxx [ Tue Mar 22, 2016 6:36 am ] |
| Post subject: | Question about indicator shift -1 |
I think that you mean that for calculating the indicator value for a shift=n, it uses the price feed values for shift=n-1. Is that right? This is obviously not possible when shift=0 (as I would mean peeking into the future, but for shift=1, it can refer to the price feed of the current candle (i.e. shift=0). This means that the indicator would repaint. A classic example is TMA (triangular moving average) where the averaging is done using price values from the past and price values from the future. TMA is also a repainting indicator. Hope this answers your question. |
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| Author: | imamushroom [ Thu Mar 24, 2016 10:57 am ] |
| Post subject: | Question about indicator shift -1 |
Thanks for the clarification. |
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| Author: | JonCodesBad [ Fri Mar 25, 2016 10:05 pm ] |
| Post subject: | Question about indicator shift -1 |
Edit: Think I was wrong and may mislead, so better to remove. Jon |
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| Author: | imamushroom [ Sat Mar 26, 2016 4:58 am ] |
| Post subject: | Question about indicator shift -1 |
Will do, thanks |
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| Author: | nanningbob [ Sat Jul 02, 2016 3:42 pm ] |
| Post subject: | Question about indicator shift -1 |
Negative shift just moves the MA line back a candle. Positive shift moves the line forward a candle. The question is does moving it back a candle allow that price to project to the present candle and use it for trading or na indicator. ??? |
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